Latest in Profits Surge Chief
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Nomura profits surge as chief takes pay cut over trading scandal
Japan’s biggest investment bank and brokerage beats expectations but is still dogged by controversyBusiness - Financial Times - 7 hours ago -
TSMC beats forecasts with 54% surge in profits on soaring AI demand
Taiwan Semiconductor Manufacturing Co said its sales were boosted by strong demand from smartphone makers and artificial intelligence firmsBusiness - MarketWatch - October 17 -
Netflix's subscriber growth is slowing, but its profit and stock price are still surging
Netflix says its subscriber growth slowed dramatically during the summer, a sign that the huge gains from the video-streaming service’s crackdown on freeloading viewers is tapering offTech - ABC News - October 17 -
Meta's third-quarter profit surges 35% reflecting strong ad revenue and its AI push
Meta Platforms Inc. has posted stronger-than-expected third-quarter results fueled by its advertising revenue growth and its push to incorporate artificial intelligenceTech - ABC News - Yesterday -
Polio cases surge in Pakistan
Prior to the latest surge in infections, Pakistan was on the verge of eradicating the disease.Top stories - BBC News - October 20 -
Consumer confidence surges ahead of election
American consumers are feeling more confident ahead of Election Day, but they’re still not as confident as they were before the pandemic, according to a new survey from The Conference Board, a ...Politics - The Hill - 2 days ago -
How Hurricane Milton storm surge destroyed communities
Storm surge pushed around 5 feet of sand into Manasota Key, Florida, where homes and roads are covered with debris and destruction. CBS News' Tom Hanson speaks to Charlotte County public ...Top stories - CBS News - October 14 -
Hurricane Milton's storm surge reshapes Florida coastline
Several communities across Florida and North Carolina are recovering after back-to-back hurricanes. CBS News' Tom Hanson is in Manasota Key on Florida's west coast with the latest on recovery efforts.Top stories - CBS News - October 14 -
Mortgage rates surge, putting a damper on home buying and refinancing
Mortgage applications fell 17% in the past week, the Mortgage Bankers Association said.Business - MarketWatch - October 16 -
Early voting surge seen as advantage for Harris campaign
The Harris campaign and Democratic groups are working hard to push their supporters to vote early in this year's election. Team Harris wants to maximize its early advantage, especially given that ...Politics - The Hill - October 18 -
Pension fund use of ETFs surges in Europe
Institutional iShares assets under management have been growing at a compound annual growth rate of nearly 30% in the region, according to BlackRockWorld - Financial Times - October 18 -
Unusual surge of "walking pneumonia" reported in kids this year
The worst rates of the infection known as "walking pneumonia" or "white lung pneumonia" are in young children ages 2 to 4 years old.Top stories - CBS News - October 18 -
Tokyo Metro Shares Surge in Trading Debut
The initial public offering by the operator of subways in Tokyo is the largest since SoftBank Corp.’s $21 billion IPO in 2018.Business - The Wall Street Journal - October 22 -
Auto-enrolment drives surge in ‘lost’ UK pensions
£31bn sitting in unclaimed, inactive or lost savings potsBusiness - Financial Times - October 24 -
Cash Isas popularity surges ahead of UK Budget
Investors shift into tax-sheltered accounts given uncertainty of Labour proposalsWorld - Financial Times - October 25 -
Action demanded over surge in illegal meat imports
The government is warned of a "foot-and-mouth" level crisis over potentially diseased meat flooding into the UK.Top stories - BBC News - 6 days ago -
Hundreds Killed in Days in Sudan as War Surges
Paramilitary forces ransacked villages and killed hundreds of people, activists said, hastening calls for the United Nations to deploy a mission to protect civilians.World - The New York Times - 6 days ago -
Early voting is surging across the U.S. Explore the data.
Early voting has begun in states across the country where voters are able to cast their ballots either in person or via mail.Top stories - NBC News - 4 days ago -
Latino voters face surge in misinformation as election nears
As the Latino vote gains attention in the 2024 election, concerns arise over targeted misinformation. Roberta Braga, co-founder of the Digital Democracy Institute of the Americas, joins "CBS ...Top stories - CBS News - 2 days ago -
Fuel duty frozen but vehicle excise duty surges
Motoring organisations said chancellor’s reversal of planned fuel duty rises was ‘a big relief’World - Financial Times - Yesterday -
Iberdrola Profit Lifted by Record Investments
Spain’s energy giant Iberdrola posted a 50% rise in net profit for the first nine months of the year helped by record-high investments in its U.S. and U.K. networks.Business - The Wall Street Journal - October 23 -
OpenAI hires first chief economist
OpenAI hired its first-ever chief economist to examine the economic impacts of artificial intelligence (AI), the ChatGPT maker announced Tuesday. Aaron “Ronnie” Chatterji, a professor of business ...Politics - The Hill - October 22 -
Vance emerges as Trump's explainer-in-chief
JD Vance’s willingness to regularly take questions from mainstream news outlets has added an unofficial duty to his role as Donald Trump’s running mate: explainer-in-chief.Politics - NBC News - October 23 -
Ashley demands to be made Boohoo chief
Tycoon’s Frasers Group claims fast-fashion retailer is being ‘mismanaged’ after building 27% stakeBusiness - Financial Times - October 24 -
Wall Street banks enjoy bumper fees as debt issuance and deals activity rebound
Morgan Stanley rounds off strong earnings seasonBusiness - Financial Times - October 16 -
Whitbread Aims to Boost Profit, Shareholder Returns
The U.K. hotel-and-restaurant company said it forecasts an increase of at least £300 million in profit by fiscal 2030, and to generate more than £2 billion for dividends, share buybacks and ...Business - The Wall Street Journal - October 16 -
ABB Posts Higher Profit, Raises Margin Guidance
The Swiss industrial-technology company’s profit and revenue rose as the electrification business offset weakness in robotics, discrete automation and e-mobility.Business - The Wall Street Journal - October 17 -
CVS replaces CEO as profits, share price suffer
Longtime CVS Health executive David Joyner has replaced Karen Lynch as CEO, as the company struggles to drive higher profits and stock performance, CVS announced Friday.Top stories - NBC News - October 18 -
Tele2 Posts Higher Profits; Backs Targets
Tele2 reported a slightly higher third-quarter net profit, helped by growth in revenue from its core telecommunications services, though revenue and underlying earnings were a touch below ...Business - The Wall Street Journal - October 22 -
Kering warns on profit as Gucci sales plunge
French luxury group grapples with turnaround at its biggest brand as demand dips in AsiaBusiness - Financial Times - October 24 -
Tesla shares jump on profit beat, Musk's prediction of at least 20% 'vehicle growth' next year
Tesla reported better-than-expected profit in its third-quarter earnings report on Wednesday.Business - CNBC - October 24 -
Tesla Surprises Wall Street With Strong Third-Quarter Results
The robust performance comes after a tumultuous start to the year in which Tesla’s profit fell for two straight quarters.Business - The Wall Street Journal - October 24 -
Barclays profits rise 23% as dealmaking returns
UK bank lifts guidance for net interest incomeBusiness - Financial Times - October 24 -
Hasbro’s third-quarter profit beats expectations, but its stock slips
Hasbro Inc.’s third-quarter profit beat expectations Thursday, fueled by its gaming and licensing businesses shares, but the toy maker’s stock is down 4%.Business - MarketWatch - October 24 -
NatWest profits rise by a quarter as lending and deposits grow
Bank also sets aside £245mn in provisions for bad loans, higher than expectations of £173mnBusiness - Financial Times - October 25 -
China’s industrial profits plunge as economic momentum falters
Steep monthly decline in September comes as policymakers battle to restore confidenceBusiness - Financial Times - 5 days ago -
FirstFT: Twin scandals hit PwC’s Asia profits
Also in today’s newsletter, the fallout from the Madison Square Garden rally and what happened to Project 2025?World - Financial Times - 3 days ago -
In Botswana’s Election, Diamond Profits Are a Defining Issue
The party that has governed the country since 1966 could lose power as the economy struggles from a slump in demand for diamonds, which made Botswana an African success story.World - The New York Times - 2 days ago