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Swiss Re Net Profit Falls On U.S. Liability Reserve Increase
The reinsurer said resilient underwriting and contributions from all its business lines were offset by a $2.4 billion increase in the liability reserves of its property and casualty U.S. business.Business - The Wall Street Journal - November 14 -
Alibaba’s stock turns lower as investments to meet AI demand hurt profitability
Alibaba’s stock knee-jerked up after earnings then reversed lower, as revenue missed expectations and ’aggressive’ investments on AI capabilities weighed on profitability.Business - MarketWatch - November 15 -
Disney is turning record parks profits — even before its big expansions
Disney is breaking ground on new additions and updates to its theme parks, but it will be several years before they become available to the public.Business - CNBC - November 15 -
How Clydesdale horses support a non-profit for fallen soldiers, first responders
Folds of Honor is a non-profit that provides scholarships for the families of fallen and disabled military members and first responders. The organization says no partner is too big or too small — ...Top stories - CBS News - November 16 -
AI Investments Are Booming, but Venture-Firm Profits Are at a Historic Low
Investors hope the Trump administration will make tech acquisition deals easier.Tech - The Wall Street Journal - 6 days ago -
Huel profits surge as meal replacement maker broadens fan base
UK company says launch of chewable goods, presence in supermarkets and anti-obesity drugs have driven demandBusiness - Financial Times - 6 days ago -
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Vanguard says shareholders can vote for profits over ESG issues
Asset manager gives investors greater say on proxy votes as it tries to navigate backlash to ‘woke’ policiesBusiness - Financial Times - 6 days ago -
CaixaBank Guides for Weaker Profitability, Resilient Income as Rates Boost Fades
The lender expects a lower return on tangible equity over the next three years as falling interest rates and heavier costs eat into its margins.Business - The Wall Street Journal - 5 days ago -
Thyssenkrupp Targets Profit Return After Posting Narrowed Net Loss
The industrial group forecasts net profit of between €100 million and €500 million for fiscal 2025 on sales growth of 3% at best.Business - The Wall Street Journal - 5 days ago -
Wall Street is lowering expectations for corporate profits in 2025. Should investors be concerned?
Wall Street analysts are partaking once again in a longstanding holiday tradition: lowering their projections for how much profit they expect America’s biggest companies to reap during the coming ...Business - MarketWatch - 4 days ago -
Inside This Female Founder’s Mission to Make Renewable Energy Profitable
Through Gaiascope, her trading platform for renewable energy, Lauren Kuntz hopes to unlock ROI for the energy sector.Business - Inc. - 4 days ago -
Delta expects higher profits thanks to high-end travel and 'resilient economy'
Delta, the most profitable U.S. airline, expects to expand capacity by no more than 4% year-over-year in 2025.Business - CNBC - 4 days ago -
Republicans renew push to expand government powers to punish non-profits
Bill to strip groups deemed to support ‘terrorism’ of non-profit status seen as threat to Palestinian advocacy groups. House Republicans have renewed a push to pass a bill that would allow the ...World - The Guardian - 4 days ago -
Captain Tom’s Daughter Profited From the Charity in His Name
The family of Captain Tom Moore, who raised $50 million for Britain’s health service during the pandemic, has been criticized for ‘serious and repeated’ misconduct by an official inquiry.World - The New York Times - 3 days ago -
Sitting on huge profits in Nvidia? Consider these 2 rules from Jim Cramer
Jim Cramer has two long-standing investment rules to guide investors who are sitting on big gains in AI chip darling Nvidia.Business - CNBC - 2 days ago -
WiseTech Warns on Profits After Product Delayed by Executive Shake-Up
The logistics software provider downgraded its earnings and revenue outlook for the current year, citing a delay to a new product due to negative media reports and a recent management overhaul.Business - The Wall Street Journal - 2 days ago
