Profits Double
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World - The New York Times
A Cartel Double-Cross Turns a Mexican State Into a War Zone
An explosive deception has ripped apart one of Mexico’s most powerful criminal groups, the Sinaloa cartel, and ignited a war between the rival factions.21 minutes ago -
World - The Guardian
Ex-soldier Daniel Khalife, accused of helping Iran, wanted to be MI6 ‘double agent’
Court told Khalife, 23, allegedly picked up money from Iranian handlers before contacting UK security services. A former British soldier accused of escaping prison by strapping himself to the ...1 hour ago -
World - The Guardian
Shein’s UK profits double; Water companies penalised for poor performance; China targets EU brandy – business live
Rolling coverage of the latest economic and financial news, as UK gilt yields rise and water companies face paying £157m to customers. Shein doubles profits in UK after sales leap 40% The ...6 hours ago - United Kingdom -
Business - Financial Times
Vistry shares plunge more than 30% after UK group issues profit warning
FTSE 100 housebuilder says earnings drop by almost a fifth because of underestimated building costs9 hours ago - United Kingdom -
Business - MarketWatch
Schwab leads list of banks expected to profit most in 2025 from Fed’s rate cuts
Analysts predict a reversal of two years of earnings declines for the banking industry.9 hours ago -
World - Financial Times
Nvidia supplier Foxconn to make Blackwell AI servers in Mexico
Decision to base plant in Guadalajara shows ‘nearshoring’ of supply chains away from China12 hours ago - Mexico -
Tech - The Wall Street Journal
LG Electronics Projects Quarterly Profit Drop, Missing Consensus
LG Electronics forecast a decline in third-quarter operating profit partly due to increased logistics and marketing expenses, disappointing market expectations for profit growth.16 hours ago -
Business - CNBC
Samsung posts disappointing third-quarter profit guidance as it grapples with AI chips
Samsung posts worse-than-expected guidance for third quarter17 hours ago -
Business - CNBC
Samsung issues lengthy apology after disappointing profit guidance — read the full statement
Samsung Vice Chairman, Jun Young-hyun, who is the new head of the company's Device Solutions Division, issued a rare apology.17 hours ago -
Tech - The Wall Street Journal
Samsung Apologizes for Expected Earnings Miss Amid Chip Challenges
The world’s largest maker of memory chips and smartphones acknowledged its struggle to make headway in supplying more advanced chips as it projected third-quarter earnings growth to slow sharply.17 hours ago -
World - Financial Times
Harris rules out bilateral talks with Putin on ending war in Ukraine
Democratic presidential candidate says Kyiv must be involved in any negotiations18 hours ago - Ukraine -
Top stories - The New York Times
The Price of a Mega Millions Ticket Will More Than Double to $5
Mega Millions officials said players’ odds would be increased and jackpot sizes would be bigger after the price increase next April.21 hours ago -
Tech - Wired
This Man Found 1,650 Ways to Turn a Profit While Decarbonizing
Bertrand Piccard says sustainability doesn’t have to come at a cost—and that reframing attempts to hit net zero as a way of generating profit could be key to hitting targets.Yesterday -
Business - CNBC
GM investor day: Cruise, cash and EV profits top of mind for Wall Street
General Motors will attempt to address investor concerns at a capital markets day Tuesday that it can sustain, if not grow profits.Yesterday -
Politics - The Hill
Democrats accuse food, beverage companies of ‘profiteering’ through ‘shrinkflation’
Two Democratic lawmakers have sent a letter to some of the country’s biggest food and beverage companies arguing they are “profiteering” through “shrinkflation,” the practice of reducing product ...Yesterday