Tax Profits - QuikReader

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 win

Financial Times - 1d

China corporate profits set for third year of declines

Oversupply drives intense competition that is undermining prices and profitability

Financial Times - 2d

Trump’s return raises prospect of global tax war

Plans to levy higher rates on US multinationals could spur president-elect to respond with tariffs

Financial Times - 3d

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. - 3d

Here’s when you can file your 2024 taxes — and what’s new this year with refunds, tax laws and free tax prep

Income-tax refunds averaged more than $3,100 last year. How much will they be this year?

MarketWatch - 3d

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

Trump's tax-cut obstacle course

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP worries Trump’s tax agenda at risk Senate Republicans fear ...

The Hill - 4d

IRS announces the start of the 2025 tax season

The 2025 tax season will begin on Jan. 27 for individual taxpayers. Here are some options to file your 2024 taxes for free.

CNBC - 4d

Reeves faces 'difficult decisions' on tax and spending

The warning from a former Bank of England official comes in the wake of rising UK borrowing costs.

BBC News - 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

Does the IRS ever forgive back taxes?

The IRS may be known for taking a hard stance on tax debt repayment, but that isn't always the case.

CBS News - 5d

Canadiens Players Hit Hardest By Taxes

The Hockey News had a tax expert produce tax returns for player earning $3 million USD in all 32 markets and the data shows the Canadiens' player really are hit the hardest by taxes.

Yahoo Sports - 5d

Tax lessons for governments from Henry George

The 19th-century political economist understood that the whole of society should benefit from outsized profits

Financial Times - 5d

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-Tard

Financial Times - 5d

The Papers: 'Apocalypse' LA and 'Reeves faces extra tax rises'

Wednesday's headlines include wildfires in LA and economists warning of rising government borrowing costs.

BBC News - 6d

Tax Cuts or the Border? Republicans Wrestle Over Trump’s Priorities.

President-elect Donald J. Trump has waffled on his preferences for how his party tackles his agenda, adding to the uncertainty for Republicans.

The New York Times - 6d

UK recruiters report fresh slowdown in hiring as planned tax rises bite

Survey results will heighten investor concerns over stagflation threat in economy

Financial Times - 6d

Tax refund delays still plague millions of Americans, report says

Millions of taxpayers continue to struggle with delays in refunds from the IRS, a new tax advocate report says.

CBS News - 6d

Trump’s push for SALT tax reform threatened by hardline GOP budget hawks

The path of least resistance could be $5 trillion in new government debt.

MarketWatch - 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 - 6d

Samsung’s profit estimates disappoint as it fights for Nvidia’s AI business

Fourth-quarter earnings hit by greater investments in advanced chip manufacturing

Financial 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

Biden expands wind and solar tax credit to nuclear, hydropower, geothermal energy

The Biden administration on Tuesday finalized a guidance that expands a tax credit that has historically applied only to wind and solar power to a range of other energy technologies. Under a new ...

The Hill - Jan. 7

Next warns of ‘anaemic’ growth after UK Budget tax increases

Retailer says measures will cost it £67mn in current financial year and warns of potentially chilling effect on economy

Financial Times - Jan. 7

France signals fewer spending cuts and tax rises ahead of budget talks

Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025

Financial Times - Jan. 6

Firms to raise prices due to tax and wage increases

Consumers could face higher costs in the coming months amid falling confidence among UK businesses.

BBC News - Jan. 6

Trump backs massive single bill for taxes, border and energy

Some Republicans have expressed support for enacting two pieces of legislation, instead of trying to stuff everything into one bill.

Politico - Jan. 5

Polish wealth managers warn against tax changes for family foundations

Structure was set up in 2023 to encourage money to stay in the country

Financial Times - Jan. 5

Steep costs of Irish reunification deter Dublin despite tax windfall

Ending division between north and south could lead to €20bn bill every year for two decades

Financial Times - Jan. 5

DraftKings tests a subscription service as it looks to offset high New York taxes

DraftKings is testing the subscription service in New York, which is tied for the highest tax rate on sports wagering in the country.

CNBC - Jan. 3

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