Latest in Shares Drop Revenue
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Bank of America sees revenue rise across the board in upbeat sign for year ahead
Bank of America CEO Brian Moynihan said the bank turned in a “strong” fourth quarter.MarketWatch - Jan. 16 -
Morgan Stanley more bullish on M&A as equity and bond revenues climb
Morgan Stanley beats earnings expectations amid strength in its equity and bond businesses.MarketWatch - Jan. 16 -
Morgan Stanley tops estimates on strong equities and fixed income trading revenue
The bank's massive wealth management business will be helped by high stock market values in the fourth quarter, which inflates the management fees it collects.CNBC - Jan. 16 -
Morgan Stanley earnings jump on soaring trading and dealmaking revenues
Rival Goldman Sachs similarly reported robust performance in markets and investment banking unitsFinancial Times - Jan. 16 -
BioShock And Borderlands Veterans Drop First Look At Wartorn
Stray Kite Studios--an indie developer that includes veterans from BioShock, Borderlands, and Age of Empires--has debuted the first look at the company's inaugural original title Wartorn. As seen ...GameSpot - Jan. 15 -
Trump Plans to Create an ‘External Revenue Service’ to Collect Tariffs
Despite vows to shrink the federal government, the President-elect wants to create a new agency for these taxes, even though the Commerce Department and the Customs and Border Patrol now handle ...Inc. - 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 -
Why a small drop in inflation matters to you
The marginal dip in UK inflation is unusually important and offers some respite to the chancellor.BBC News - Jan. 15 -
Experian Posts Revenue Growth in Line With Guidance
The company reported total revenue growth of 8% at constant exchange rates for the third quarter of fiscal 2025, and confirmed its guidance for the year.The Wall Street Journal - Jan. 15 -
Trump says he'll create "External Revenue Service" to collect tariffs
The federal government already collects tariffs, and deposits them in the General Fund of the United States.CBS News - Jan. 14 -
Havertz's wife shares threats after Arsenal loss
The wife of Arsenal player Kai Havertz has shared abusive messages she received on social media after Arsenal lost to Manchester United in the FA Cup on Sunday.ESPN - Jan. 14 -
Moderna’s stock tumbles to post-COVID lows after revenue outlook disappoints
Moderna’s stock tumbles after a disappointing outlook for revenue and the need to accelerate its cost-cutting plan.MarketWatch - Jan. 13 -
New York City congestion pricing brings new revenue stream to public transit
Funds, not rain, are set to flow into the city’s subways and trainsFinancial Times - Jan. 13 -
Porsche China deliveries drop 28% as competition intensifies
Fall comes as consumers in world’s largest car market increasingly opt for domestic brandsFinancial Times - Jan. 13 -
TikTok ban goes before Supreme Court. Here’s where the app’s $10 billion in ad revenue could go if it dies.
The end of TikTok in the U.S. could mean a sizeable boost for its publicly traded American competitors.MarketWatch - Jan. 11 -
Kids Turn to a Mental-Health Chatbot to Share Their Anxieties
Part counselor and part friend, Troodi talks with children about their worries and fears. “Sometimes I forget she’s not a real person,” says one teen.The Wall Street Journal - Jan. 11 -
Ukraine war briefing: Zelenskyy hails ‘significant blow’ of US-UK sanctions on Russian oil and gas revenues
Ukrainian president says the less Moscow earns from oil, ‘the sooner peace will be restored’; Kyiv claims attack on Russian military facility. What we know on day 1,053. See all our Ukraine ...The Guardian - Jan. 11 -
Vodafone Sells Remaining 3% Share in Indus Towers
The telecomms group used the $326 million raised in proceeds to repay debt and increase its stake in India’s Vodafone Idea.The Wall Street Journal - Jan. 10 -
World's biggest chipmaker TSMC posts record 2024 revenue as AI boost continues
TSMC manufacturers semiconductors for some of the world's biggest companies from Apple to Nvidia.CNBC - Jan. 10 -
With Trump Arriving, Zelensky Urges Allies Not to ‘Drop the Ball’
In an impassioned address to officials from countries supporting Ukraine, Mr. Zelensky said “a new chapter” would be starting for Europe and the rest of the world, requiring even more cooperation.The New York Times - Jan. 9 -
Lloyds, Halifax and Bank of Scotland to share branches
The move is intended to make it easier for people to access banking services, but some warn it will lead to more branch closures.BBC News - Jan. 9 -
Zelenskyy urges western allies ‘not to drop ball’ when Trump returns
Ukrainian leader appeals for sustained military support as US president-elect seeks ‘new chapter’ in Europe. Volodymyr Zelenskyy has urged Ukraine’s western allies “not to drop the ball” and to ...The Guardian - Jan. 9 -
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Greggs shares drop on sales slowdown
UK bakery chain blames ‘subdued high street footfall’ for weaker earningsFinancial Times - Jan. 9 -
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Trump shares inflammatory video with crude reference to Netanyahu
President-elect’s post featuring economist Jeffrey Sachs comes weeks after Israeli PM claims two had a ‘warm’ chat. Donald Trump has shared inflammatory video content calling Benjamin Netanyahu ...The Guardian - Jan. 9 -
Shares of California utility Edison International drop 10% as wildfires rage
The decline comes as multiple large fires are burning around Los Angeles, with strong winds making them difficult to contain.CNBC - Jan. 8 -
Shares of California utility Edison International drop more than 10% as wildfires rage
Fear and uncertainty surrounding the wildfires in California appear to be weighing on shares of Edison International, whose Southern California Edison is the power utility for the areas directly ...NBC News - Jan. 8 -
Why eggs are nearly $9 a dozen in California — and when prices could drop
Egg prices at the grocery store shocked many consumers over the recent holiday season, and those prices are expected to continue to climb after an unanticipated spike in the number of bird flu ...MarketWatch - Jan. 8 -
Meta changes hate speech rules, dropping LGBTQ protections
Meta, the parent company of Facebook and Instagram, dropped some LGBTQ protections from its hate speech rules Tuesday amid a wider overhaul of the social media giant’s content moderation ...The Hill - Jan. 8 -
The UK music industry is reporting record revenues. The reality is much gloomier | Eamonn Forde
We’re apparently spending more on music than any time since the CD era – but the calculation methods are archaic, and don’t reflect the low incomes for many artists. • News: UK music sales hit ...The Guardian - Jan. 8 -
Palantir’s stock sees sharpest drop since May as momentum cools
Bears criticized Palantir’s valuation for months as shares climbed higher. Is Wall Street paying more attention to the multiple now?MarketWatch - Jan. 7 -
Meta Drops Rules Protecting LGBTQ Community as Part of Content Moderation Overhaul
The changes included allowing users to share “allegations of mental illness or abnormality when based on gender or sexual orientation.”The New York Times - Jan. 7 -
Bitcoin drops below $97,000 as Treasury yields pressure risk assets
Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly.CNBC - Jan. 7 -
What to know about Florida's massive falling iguanas when temperatures drop
When temperatures drop in South Florida, it can cause a big problem for Floridians: falling iguanas. When it gets too cold, the large invasive reptiles — which can grow to be up to 5 feet long and ...CBS News - Jan. 7 -
Drug Company to Share Revenues With Indigenous People Who Donated Their Genes
Variant Bio, a small biotech company based in Seattle, is using genetic information from Indigenous people to develop drugs for obesity and diabetes.The New York Times - Jan. 7 -
Nvidia, chip stocks pop after Foxconn reports record revenue
Global semiconductor stocks climbed on Monday after Foxconn posted record fourth-quarter revenue, suggesting the AI boom has far more room to run.CNBC - Jan. 6 -
Belichick shares on-brand reaction to Patriots firing Mayo
Former Patriots head coach Bill Belichick shared his reaction to the firing of his successor, Jerod Mayo, on Monday's "The Pat McAfee Show."Yahoo Sports - Jan. 6 -
Dollar drops on reports Trump will scale back tariff plans
Shares in European carmakers rally on hopes new US administration targets only critical importsFinancial Times - Jan. 6
