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TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand
TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.CNBC - Jan. 16 -
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 - Jan. 15 -
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 - Jan. 15 -
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 - Jan. 15 -
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 - Jan. 15 -
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 - Jan. 15 -
The Madcap Rise of Memecoin Factory Pump.Fun
Pump.Fun raked in hundreds of millions of dollars in its first year in operation. Despite some growing pains, its creators say this is just the beginning.Wired - Jan. 15 -
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 - Jan. 13 -
Taiwan reports 'significant rise' in suspected Chinese espionage
Taiwanese charged with suspicion of spying on behalf of China rose by a third to 64 people last year, the island’s National Security Bureau said.NBC News - Jan. 13 -
China corporate profits set for third year of declines
Oversupply drives intense competition that is undermining prices and profitabilityFinancial Times - Jan. 13 -
Monday Briefing: Number of Missing Rises in L.A.
Plus, how cured ham fixed an antique organ in France.The New York Times - Jan. 12 -
MLB rumors: Jack Flaherty, Anthony Santander open to shorter contracts, Yankees and Cubs eye relief help
Here are your hot stove rumors for Sunday, Jan. 12CBS Sports - Jan. 12 -
Is US inflation set to rise further?
Market Questions is the FT’s guide to the week aheadFinancial Times - Jan. 12 -
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 -
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 -
Death toll from California wildfires rises to 11
The death toll from the raging wildfires in Southern California has gone up to 11 people, according to a Friday update from the County of Los Angeles Department of Medical Examiner (DME). Five ...The Hill - Jan. 11 -
Mortgage rates are not rising yet but Reeves has to act
Why Rachel Reeves needs a more detailed growth strategy - and soon.BBC News - Jan. 10 -
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 -
The risk of nuclear war continues to rise
As the world became more dangerous in 2024, the use of its most dangerous weapons has become more likely.The Hill - Jan. 9 -
Death toll in mass shooting in Montenegro rises to 13
A man who was wounded in a mass shooting on New Year's Day in Montenegro has died, bringing the death toll to 13ABC News - Jan. 9 -
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 -
Flying Taxis Rise on Aviation Industry’s Horizon
Flying taxis are making major strides.Inc. - 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 -
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 -
The rise and rise of Newcastle's Isak
With Alexander Isak leading the charge for a reinvigorated Newcastle United, BBC Sport looks at the rise of Tyneside's crown jewel.BBC News - 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 -
A Timeline of Justin Trudeau’s Rise and Fall
The Canadian prime minister, who said on Monday he would step down, has spent a quarter-century in the political spotlight.The New York Times - Jan. 7 -
Will US markets keep rising under Trump?
Economic uncertainty and frothy valuations jar with investor optimismFinancial Times - Jan. 7 -
Will housing inventory rise in 2025? Experts weigh in
It might — but will it be enough to help struggling buyers? Here's what some experts are predicting.CBS News - Jan. 7 -
Eurozone inflation jumps to 2.4% in third consecutive rise
Increase damps hope that European Central Bank will boost region’s flagging economy with rate cutsFinancial Times - Jan. 7 -
Latest news on 4 viruses on the rise across the U.S.
Cases of COVID, flu, RSV and norovirus appear to be on the rise in the U.S. as millions of Americans wrap up the holidays. CBS News medical contributor Dr. Celine Gounder has more on the viruses.CBS News - Jan. 6
