Latest in Profitability Shortfall Amid
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JPMorgan Chase posts record profit as the bank’s massive scale pays off
The bank said profit rose 50% to $14 billion in the fourth quarter as noninterest expenses fell 7% from a year earlier.CNBC - Jan. 15 -
Big US banks set for $31bn quarterly profit as Wall Street business booms
Trading activity boosted in final quarter of 2024 by Donald Trump’s election winFinancial Times - Jan. 13 -
China corporate profits set for third year of declines
Oversupply drives intense competition that is undermining prices and profitabilityFinancial Times - Jan. 13 -
Veterinarian explains how to protect pets amid wildfires
A veterinarian shares some advice how to keep pets safe amid wildfire danger.ABC News - Jan. 12 -
Hundreds of goats evacuate in Brentwood amid Palisades Fire
Video shows goats being shepherded down a hillside in the Los Angeles neighborhood of Brentwood Friday night with flames from the approaching Palisades Fire in the background. Drivers got out of ...CBS News - Jan. 11 -
Hyundai unveils new electric SUV amid uncertainty
It's an uncertain time in the electric vehicle market, but Hyundai Motors is preparing to release a highly anticipated new electric SUV. The company's global CEO opened up about the new vehicle and ...CBS News - Jan. 11 -
How to Build a Profitable Service-Based Business Without Losing Your Sanity
Powerful strategies to build a lean, profitable, and sustainable service-based business.Inc. - Jan. 11 -
Looting fears amid Los Angeles area wildfires
Police across Los Angeles say they're on high alert from looters after arresting 24 people inside evacuation areas. The National Guard has been brought in to bolster security, while some residents ...CBS News - Jan. 11 -
As Delta Reports Profits, Airlines Are Optimistic About 2025
The industry is enjoying a strong demand for tickets and rising profits, but it remains vulnerable to unexpected problems like a recession or a surge in inflation.The New York Times - Jan. 11 -
Sainsbury's Christmas Sales Grew; Expects Profit in Line With Market Views
The grocer reported sales volume growth for the key Christmas period and expects to deliver retail operating profit for its fiscal year in line with market consensus.The Wall Street Journal - Jan. 10 -
L.A. homes reduced to ashes amid fires
Tens of thousands in Los Angeles County are living a nightmare scenario as crews battle some of the worst wildfires the area has seen in years. CBS News correspondent Elise Preston reports and Mark ...CBS News - Jan. 9 -
Los Angeles pets evacuated into shelters amid wildfires
Los Angeles County Department of Animal Care and Control released a list of animal shelters for owners interested in evacuating animals to their facilities.CBS News - Jan. 9 -
7-Eleven owner’s sharp profit fall adds to takeover pressure
Seven & i operating profit drops 24% as it tries to fend off $47bn buyout offer from Canada’s Couche-TardFinancial Times - Jan. 9 -
Source: Sorensen out as DC amid 49ers' revamp
The 49ers removed Nick Sorensen from his role as defensive coordinator Tuesday night but hope to retain him in a different post, a source said.ESPN - Jan. 8 -
FanDuel’s parent company just issued a profit warning. Blame the Detroit Lions.
There aren’t enough upsets in the National Football League, and that’s upsetting for investors in sports betting companies including Flutter Entertainment, the owner of FanDuel.MarketWatch - Jan. 8 -
Samsung’s profit estimates disappoint as it fights for Nvidia’s AI business
Fourth-quarter earnings hit by greater investments in advanced chip manufacturingFinancial Times - Jan. 8 -
Disney’s stock gets upgrade amid content ‘renaissance’ and streaming profit growth
Walt Disney Co.’s stock was upgraded to buy Tuesday by analyst firm Redburn Atlantic, which cited improved content performance and growth in streaming profit.MarketWatch - Jan. 8 -
Samsung Expects Further Profit Growth Slowdown, Missing Estimates
The world’s largest maker of memory chips and smartphones said sluggish demand for conventional chips used in personal computers and mobile phones weighed on its memory business for the quarter.The Wall Street Journal - Jan. 7 -
Annual ‘winners’ for most egregious US healthcare profiteering announced
Selling body parts without consent and billing desperate parents $97,599 for air transport among worst examples. The 2024 “winners” of the annual Shkreli awards , given each year to perpetrators ...The Guardian - Jan. 7 -
In Seoul, Blinken Affirms Alliance Amid Challenges to Democracies
The U.S. secretary of state aimed to show that his country stood by South Korea as it grapples with a political crisis, and as Donald J. Trump returns to power.The New York Times - Jan. 7 -
Laporta called to resign amid Olmo, Víctor fiasco
Various opposition groups have called for Barcelona president Joan Laporta to resign following the fiasco over Dani Olmo and Pau Víctor's failed registrations.ESPN - Jan. 6 -
Spurs sign keeper Kinsky amid injury crisis
Tottenham Hotspur have signed goalkeeper Antonin Kinsky from Slavia Prague on a deal until 2031, the Premier League club confirmed on Sunday.ESPN - Jan. 5 -
FAA Head Says Boeing Must Put Culture of Safety Above Profits
A year after the midair blowout of a 737-MAX door panel sent the company in a downward spiral, federal aviation chief Mike Whitaker said the planemaker still has work to do to ensure its jetliners ...Inc. - Jan. 3 -
'We'll see' - Ancelotti on signings amid TAA rebuff
Carlo Ancelotti said "we'll see" if Real Madrid can add to their squad in January after an approach for Trent Alexander-Arnold was rejected.ESPN - Jan. 3 -
Brompton profits almost wiped out after lower UK and Europe sales
British folding bike specialist cites economic headwinds and sector’s challenges as earnings drop below £5,000Financial Times - Jan. 2 -
Swisscom Trims Profit Outlook on Early Closing of Vodafone Italia Deal
Swisscom lowered its core earnings guidance after the deal to merge its Italian subsidiary Fastweb and Vodafone’s operations closed on Dec. 31.The Wall Street Journal - Jan. 2 -
Prescott taking security seriously amid break-ins
Even before a number of high-profile athletes were targeted by robberies over the past few months, Cowboys quarterback Dak Prescott has taken security seriously.ESPN - Jan. 1 -
Security in New Orleans amid deadly truck attack
At least 10 people were killed early Wednesday when a truck slammed into a crowd celebrating New Year's Day on New Orleans' Bourbon Street. CBS News congressional correspondent Scott MacFarlane has ...CBS News - Jan. 1