Latest in Record Profit
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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 - 9h -
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 - 15h -
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 - 11h -
Big US banks set for $31bn quarterly profit as Wall Street business booms
Trading activity boosted in final quarter of 2024 by Donald Trump’s election winFinancial Times - 2d -
Record number of journalists dead in Gaza war
The conflict between Israel and Hamas has been especially deadly for the people documenting it.CBS News - 3d -
China corporate profits set for third year of declines
Oversupply drives intense competition that is undermining prices and profitabilityFinancial Times - 3d -
Ovechkin, eyeing record, scores goal No. 873
Alex Ovechkin scored the 873rd goal of his career to bring him 21 goals shy of tying Wayne Gretzky's record.ESPN - 3d -
A look at Trump's track record of disaster misinformation
As wildfires ravage southern California, President-elect Donald Trump has attacked Democratic officials, continuing a pattern of spreading misinformation amid disasters.ABC News - 4d -
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. - 4d -
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 - 4d -
Last year was the hottest in Earth's recorded history
Last year was the planet’s hottest in recorded history, NASA announced, marking two years in a row that global temperatures have shattered records.NBC News - 5d -
Last year was hottest on record: NOAA
Last year was the hottest ever recorded, according to data from the National Oceanic and Atmospheric Administration (NOAA) released Friday. In 2024, Earth overall saw its highest global temperature ...The Hill - 5d -
FirstFT: The hottest year on record
Also in today’s newsletter, the resurrection of Andersen Consulting, and hiding savings from a significant otherFinancial Times - 5d -
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 - 5d -
LA wildfire damages set to cost record $135bn
Some of the most expensive properties in the US have been wiped out by the fires.BBC News - 6d -
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 - 6d -
Fania Records put salsa on the map. Can it evolve?
In 2024, the label celebrated its 60th anniversary. Now, the question of whether this treasure trove of Latin culture is being curated properly has become more pertinent than ever.Los Angeles Times - Jan. 8 -
'Largest recorded UK catfish' caught in Essex lake
Shaun Ing and friends used a body bag left over from Halloween to help lift the giant fish.BBC News - 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 -
Obamacare Enrollment Hits Record Ahead of Trump’s Return
Almost 24 million Americans have signed up for plans offered under the Affordable Care Act, driven by subsidies that are expiring and that Congress may not renew.The New York Times - 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 -
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 -
Record year for wind power in 2024
Wind provided more electricity than ever last year across England, Wales and Scotland.BBC News - Jan. 7 -
What is Starmer's record on prosecuting grooming gangs?
The prime minister has come under attack from Elon Musk over his record as director of public prosecutions.BBC News - Jan. 6 -
Matsuyama sets PGA Tour record with 35-under
Hideki Matsuyama broke the PGA Tour record to par for 72 holes in his win at the Sentry, finishing at 35-under 257.ESPN - Jan. 6 -
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LeBron: 'Humbling' to break MJ's 30-point record
With an 18-foot jumper with 5:58 to play, LeBron James reached at least 30 points in the regular season for the 563rd time in his career, breaking the record established by Michael Jordan in 2003.ESPN - Jan. 4 -
Schiff's swearing-in sets record in U.S. Senate
Sen. Adam Schiff's (D-Calif.) swearing-in for a full six-year term in the upper chamber this week set a U.S. record, as the 119th Congress convened for the first time Friday. The Democrat from ...The Hill - Jan. 4 -
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 -
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Reinsurance costs fall as sector deploys record capital
Decrease follows two years of bumper profits for providersFinancial Times - Jan. 2 -
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 -
PSU D relishes thwarting Jeanty's record pursuit
Penn State players kept Boise State star Ashton Jeanty in check and resolved to make sure he didn't break the NCAA single-season rushing record against them.ESPN - Jan. 1 -