Latest in Raises Profit
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Philadelphia Phillies capital raise values the team at around $3 billion
The Philadelphia Phillies recently raised close to $500 million in capital from three new investors, according to two people familiar with the deal.Business - CNBC - November 8 -
England seek spirit-raising win as Australia plot Twickenham heist
England are favourites, but their ability to squander leads and signs of resurgence among Australia mean an upset is possible on Saturday.Top stories - BBC News - November 8 -
Your paycheck may be larger in 2025, even if you don't get a raise
While there's plenty of time left in November, you may already have something exciting to look forward to in 2025: a slightly larger paycheck, even without a raise.Politics - The Hill - November 9 -
Continental Posts Higher Profit as Cost Cuts Offset Sales Pressure
The auto supplier reported improved quarterly earnings as cost cuts and strong results at its key divisions mitigated revenue pressures and weakness at its ContiTech unit.Business - The Wall Street Journal - November 11 -
Animoca Brands raises $10M for open metaverse platform Mocaverse
Animoca Brands has raised an additional $10 millino for Mocaverse, a platform for building an open metaverse.Tech - VentureBeat - November 12 -
SoftBank returns to profit as Indian IPOs boost Vision Fund gains
Investors await founder Masayoshi Son’s next big move on artificial intelligenceBusiness - Financial Times - November 12 -
Countries Weigh How to Raise Trillions for Climate Crisis at COP29
Low-income countries need at least $1 trillion a year to manage climate change. Donald Trump’s victory just made that more difficult, but options exist.World - The New York Times - November 12 -
Japan's SoftBank returns to profit after gains at Vision Fund and other investments
Japanese technology conglomerate SoftBank Group swung back to profitability in the July-September quarter, boosted by its Vision Fund investmentsTech - ABC News - November 12 -
Freedom Caucus's rogue procedural move raises questions about consequences
Key members of the House Freedom Caucus went rogue with parliamentary procedure on the House floor while GOP leaders were far away and focused on other matters on Election Day, raising questions ...Politics - The Hill - November 12 -
Neon raises $14M to build direct-to-consumer stores for games
Neon has raised $14 million in funding to build its direct-to-consumer digital store platform to help make game companies more independent.Tech - VentureBeat - November 12 -
Clash of Clans creator’s Bit Odd takes eccentric approach to mobile game design, raises $18.2M
Bit Odd has, a studio in Finland led by Lasse Louhento, has raised $18.2 million (€17 million) in funding to make mobile games.Tech - VentureBeat - November 14 -
Nvidia may break its beat-and-raise streak, but there’s good news for investors
Nvidia’s outlook for the January quarter may not wow Wall Street when the company posts earnings next week. But Mizuho analysts see bright prospects for later next year.Business - MarketWatch - November 12 -
Home Depot is on the verge of an earnings rebound after quarterly beat and raise
Same-store sales were better than feared, lifted by this summer's hurricanes in the U.S.Business - CNBC - November 12 -
Spotify shares pop on better-than-expected profit forecast
Shares of Spotify rose in after-hours trading as investors focused on the company's profit forecast more than its third-quarter results.Business - CNBC - November 12 -
Mali’s junta escalates fight with mining groups over profit share
Resolute Mining chief and colleagues held as junta want greater share of gold producers’ profitsBusiness - Financial Times - November 13