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Adidas Exceeds Profit Guidance After Sales Jump in Fourth Quarter
The German sporting-goods company said its operating profit climbed to €1.34 billion last year from €268 million in 2023.The Wall Street Journal - 14h -
We're booking hard-won profits in 2 stocks and adding to another position on a pullback
We will make a trio of trades shortly after Tuesday's opening bell.CNBC - 18h -
Apple is accused of profiting from 'blood minerals'
The Democratic Republic of Congo says Apple is sourcing minerals from armed groups committing atrocities.Financial Times - 1d -
AD: Irish prefer independence over vying for bye
Notre Dame athletic director Pete Bevacqua said the school prefers to remain independent even though the Irish are ineligible for byes under the current CFP model.ESPN - 3d -
Pokemon TCG Pocket Is Finally Adding A Trading System
Pokemon TCG Pocket is gearing up to add a much-anticipated feature to the mobile game. Players will soon be able to trade their Pokemon cards, but there will be a few limitations with the trading ...GameSpot - 4d -
Biggest US banks notch up $142bn in profits in blockbuster 2024
Robust performance in trading and dealmaking and strong economy fuel big year for lending giantsFinancial Times - 4d -
Bank of America profits boosted by loan growth and robust trading
Strong results echo other big Wall Street banksFinancial Times - 5d -
Taiwanese chipmaker TSMC posts 57% surge in profit thanks to the AI boom
Taiwan computer chip maker TSMC has reported its profit in the last quarter rose 57%, buoyed by the artificial intelligence boomABC News - 5d -
TSMC cuts profitability target as cost of diversifying supply chains bites
World’s biggest chipmaker faces less efficient operations in US and Japan but gets boost from AI demandFinancial Times - 5d -
Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength
The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.CNBC - 6d -
JPMorgan Chase posts record profit as the bank's massive scale pays off
JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank in U.S. history.NBC News - 6d -
JPMorgan Chase, Wells Fargo and Goldman Sachs Report Big Profits
The largest banks, including JPMorgan Chase, Wells Fargo and Goldman Sachs, reported bumper profits on Wednesday.The New York Times - 6d -
How Nissan's profits dropped 90% in one year
Merging with rival Honda may be Nissan's best shot at survival. The Japanese automaker is struggling around the world, including the U.S. and China.CNBC - 6d -
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 - 6d -
China corporate profits set for third year of declines
Oversupply drives intense competition that is undermining prices and profitabilityFinancial Times - Jan. 13 -
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 -
Company behind incorrect Los Angeles alerts says it added new safeguards
Genasys, the company behind Los Angeles' emergency alert technology, said it has "not been able to replicate" an error that sent inaccurate information to millions.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 -
Ad filmed at TV stars' wedding banned over smoking
The advertising watchdog upholds complaints about Vicky Pattison and Ercan Ramadan's clothing ad.BBC News - 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 -
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 -
Disney says about 157 million global users are streaming content with ads
Disney announced Wednesday it has about 157 million global monthly active users viewing its ad-supported streaming content across Disney+, Hulu and ESPN+.CNBC - 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 -
Biden establishes largest corridor of protected land by adding 2 new monuments
The two new monuments -- the Chuckwalla and Sáttítla Highlands -- total nearly 850,000 acres, according to the administration.ABC News - Jan. 7 -
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 -
Assassin's Creed Shadows Is Adding Some New Parkour Moves
Parkour has been an important part of the Assassin's Creed franchise from the beginning, but Assassin's Creed Shadows will be making some adjustments to the acrobatic running style. Ubisoft has ...GameSpot - Jan. 7 -
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 -
Facebook and Instagram Ads Push Gun Silencers Disguised as Car Parts
A network of Facebook pages has been advertising “fuel filters” that are actually meant to be used as silencers, which are heavily regulated by US law. Even US military officials are concerned.Wired - Jan. 3 -
Biden Officials Prepare for Potential Bird Flu Outbreak With Added Money
The administration is committing an additional $306 million toward battling the virus, and will distribute the money before President-elect Donald J. Trump takes office.The New York Times - 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 -
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Sources: TCU to hire Army's Buddie as new AD
TCU is expected to hire Army AD Mike Buddie as its new athletic director, sources told ESPN. Buddie has been at Army since 2019.ESPN - Jan. 1 -
Why is VAT being added to private school fees?
The government says the rule change will raise £460m extra to spend in state schools in 2024/25.BBC News - Jan. 1
