Latest in Street Profits
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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 - 1h -
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 - 6h -
Street Style Trend of the Week: Houndstooth Print
A pop of color punctuated a dashing assemblage of prints.The New York Times - 1d -
Street Style Trend of the Week: A Colorful Cobalt Coat
Vibrant outerwear set a wintry outfit apart.The New York Times - 1d -
Street Style Trend of the Week: Coordinated Couple Outfits
Both are fans of relaxed silhouettes.The New York Times - 2d -
Street Style Trend of the Week: Layered Hats
Artfully layered headgear enhanced a duo’s style.The New York Times - 2d -
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 - 2h -
Chancellor will remain for all of Parliament, Downing Street says
Market jitters have raised questions over Rachel Reeves' management of the economy.BBC News - 2d -
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 -
China corporate profits set for third year of declines
Oversupply drives intense competition that is undermining prices and profitabilityFinancial Times - 2d -
Can Bourbon Street be Made Safe?
With the Super Bowl coming, authorities worry about Bourbon Street’s safety.Inc. - 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 -
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 -
BBC reporter assesses destruction on fire-ravaged street
At least five people have died as a result of the Eaton fire as the blaze remains 0% contained, officials say.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 -
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 -
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 -
Streeting says he is ashamed of NHS winter problems
The health secretary sees patients left crying and distressed, as hospitals declare critical incidents.BBC News - Jan. 7 -
Warnings of vulnerability preceded Bourbon Street attack
More than five years before the Bourbon Street attack, a confidential report distributed to officials in New Orleans warned that a vehicular terrorist attack was "highly possible." The assessment, ...CBS News - Jan. 7 -
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 -
What the FBI revealed about the Bourbon Street attacker
The FBI said the New Orleans attacker posted videos to his social media about ISIS before carrying out a terrorist attack on Bourbon Street, killing at least 14. CBS News' Kati Weis has more.CBS News - Jan. 3 -
Bourbon Street reopens with music: 'Part of the healing process'
NBC News Correspondent Gadi Schwartz reports from Bourbon Street, bouncing with music, as it reopens after an attacker drove through a crowd on New Year’s Day, killing 14 and injuring dozens.NBC News - Jan. 2 -
Bourbon Street expected to reopen on Thursday after deadly attack: Report
New Orleans plans to reopen Bourbon Street to the public Thursday after the deadly attack on New Year’s Day. Shamsud-Din Jabbar, 42, rammed a pickup truck down the crowded street early Wednesday, ...The Hill - Jan. 2 -
New Orleans police superintendent on the Bourbon Street truck attack
New Orleans police superintendent Anne Kirkpatrick discusses the investigation into a vehicle attack on Bourbon Street. Officials have said the attacker was inspired by ISIS.CBS News - Jan. 2 -
Why Wall Street Expects the Stock Market to Have a Big 2025
Analysts see corporate earnings improving beyond just big tech names.Inc. - 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 -
Moment pick-up truck enters busy street on New Year's Day
CCTV catches moment pick-up truck turns into a busy street in New Orleans killing several people.BBC News - 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 -
Gold set to rally further this year, say Wall Street banks
Yellow metal expected to continue to benefit from buying by global central banksFinancial Times - Jan. 2 -
Bourbon Street attacker identified after deadly rampage. Here's what to know.
A man "hellbent" on creating carnage drove around barricades and hurtled down Bourbon Street in New Orleans' French Quarter, police said.CBS News - Jan. 1 -
Scene on Bourbon Street as investigation continues into New Orleans truck attack
CBS News correspondent Omar Villafranca reports on the mood from the French Quarter and Bourbon Street as authorities continue their investigation into the truck attack that killed at least 10 ...CBS News - Jan. 1 -
Why the FBI Is Investigating the New Orleans Bourbon Street Truck Attack as Terrorism
An Islamic State terror group flag was found in the suspect’s vehicle, investigators said, as well as a bomb near the vehicle used in the attack.The New York Times - Jan. 1 -
Deadly New Orleans Attack on Bourbon Street: What We Know
A man drove a pickup truck into crowds celebrating the New Year on Bourbon Street in the early morning, killing at least 10 people and injuring dozens.The New York Times - Jan. 1 -
New Orleans police briefs media on Bourbon Street attack
Police say attacker was trying to "run over as many people as he could".BBC News - Jan. 1 -
Wall Street ends 2024 on down note but made substantial gains for the year
Wall Street ended 2024 with stocks slipping, but NBC News' Brian Cheung reports that overall, the year was good for investors.NBC News - Dec. 31