Latest in Surging Profits
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Tax rises drive surge in venture capital trust investment
Savers have put £250mn in VCTs since April, up 27% in a yearWorld - Financial Times - 5 days ago -
Surge of Gang Violence in Haiti Leads U.N. Workers to Flee
A surge in gang violence over the past two weeks has led international aid organizations to rethink their staff levels in Haiti.World - The New York Times - 2 days ago -
Oil prices drop as talk of Israel-Hezbollah cease-fire cuts ‘security premium’
Oil futures ended lower Monday, with talk of a potential cease-fire deal between Israel and Lebanon-based Hezbollah leading prices to shrink their ”security premium,” pulling global benchmark crude ...Business - MarketWatch - 2 days ago -
Surge in Thanksgiving travelers expected amid winter storm threat
This Thanksgiving travel week is expected to set records, from the roads to the rails to the skies. According to AAA, nearly 80 million Americans are expected to travel at least 50 miles from home ...Top stories - CBS News - Yesterday -
Canada braces for surge of immigrants hoping to move from US
Canadian officials will limit how many new permanent residents it allows amid an expected surge at the northern border.Politics - The Hill - Yesterday -
HSBC chief says east-west division will not lead to ‘any split’
Georges Elhedery embarks on sweeping overhaul of lender as part of cost-cutting driveBusiness - Financial Times - October 29 -
BP reports lowest quarterly profit since pandemic on weak oil prices
Energy group pledges to review share buyback plan in February after latest $1.75bn repurchaseBusiness - Financial Times - October 29 -
McDonald's reverses U.S. same-store sales declines in the third quarter, but E. coli fallout looms
Shares of McDonald's have fallen 6% since its Quarter Pounder burgers were linked to a deadly E. coli outbreak.Business - CNBC - October 29 -
PayPal beat big on a profit metric, but here’s why its stock is falling
PayPal’s fourth-quarter revenue view came in below expectations. The company said it’s focusing on “profitable growth.”Business - MarketWatch - October 29