Latest in Toward Profitability Posts
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TotalEnergies posts 21% drop in annual profit, targets buybacks of $2 billion per quarter in 2025
French oil major TotalEnergies on Wednesday reported a sharp drop in full-year earnings, against a backdrop of lower crude prices and weak fuel demand.CNBC - 1d -
Santander profits rise at UK arm
Spanish lender says it faces competitive environment in market where future of its business remains in doubtFinancial Times - 1d -
Toyota Motor posts nearly 28% drop in third-quarter operating profit, missing estimates
Toyota Motor on Wednesday reported a second consecutive fall in profit, as it navigates competition in China and a market shift toward electric vehicles.CNBC - 1d -
Nintendo posts profit miss as it slashes Switch forecast again ahead of console's successor
Nintendo investors and fans are awaiting more details on the Switch 2, the successor to the company's near eight-year-old Switch console.CNBC - 2d -
Unilever leans towards listing Ben & Jerry’s unit on multiple markets
Amsterdam likely to be one location for spin-off of ice cream division, with London and New York also under considerationFinancial Times - 6d -
Commerzbank posts 20% hike in annual profit and launches new share buyback as it wards off UniCredit
Commerzbank on Friday unexpectedly released quarterly results, touting "record" annual profit and announcing a new share buyback scheme.CNBC - 6d -
Meta posts sharply higher Q4 profit, revenue, topping Wall Street's expectations
Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue on its social media propertiesABC News - Jan. 29 -
Dodgers add one of MLB's top closers, payroll surging toward $400M
Kirby Yates, who had a 1.17 ERA last season, reportedly agreed to a one-year, $13 million deal with Los Angeles as it flexed its financial muscle again.Yahoo Sports - Jan. 29 -
Trump Moves Toward Pushing Openly Transgender People Out of Military
The president also ordered the Pentagon to end diversity programs, reinstate many service members dismissed for refusing the coronavirus vaccine and create a new missile defense system.The New York Times - Jan. 28 -
Badenoch’s post-Southport argument is worrying
Tory seems to put prior convictions ahead of specific facts at a time of potential UK counter-terrorism strategy overhaulFinancial Times - Jan. 27 -
NFL keeps taking baby steps toward full embrace of a sky judge
Bit by bit, the NFL is inching toward having everything subject to replay review.Yahoo Sports - Jan. 26 -
Eric Adams moves closer toward Trump, alarming Democrats
New York City Mayor Eric Adams’s (D) relationship with President Trump is alarming Democrats, who question the embattled mayor’s motives amid his ongoing legal challenges. Adams sat down with Trump ...The Hill - Jan. 25 -
Adidas to cut up to 500 jobs after posting better-than-expected holiday profits
Adidas plans to cut as many as 500 jobs in a bid to simplify its business, a person familiar with the matter confirmed to CNBC on Thursday.NBC News - Jan. 24 -
Tens of thousands in Slovakia protest against PM’s shift towards Russia
Around 60,000 people gather in Bratislava to oppose Robert Fico’s policy moves, with rallies also held in 20 other cities. Tens of thousands of protesters thronged a central square in the Slovak ...The Guardian - Jan. 24 -
World’s largest iceberg drifts threateningly toward remote island of penguins and seals
Gigantic wall of ice moves slowly from Antarctica on potential collision course with wildlife breeding ground. The world’s largest iceberg – a behemoth more than twice the size of London – is ...The Guardian - Jan. 24 -
Meta nearly doubling spending with eye toward AI
Meta CEO Mark Zuckerberg announced Friday the social media company will nearly double its spending this year as it focuses on artificial intelligence (AI) development. Meta is planning to invest ...The Hill - Jan. 24 -
Adidas to cut up to 500 jobs after posting better-than-expected holiday profits
Adidas plans to cut as many as 500 jobs at its corporate headquarters in Germany in a bid to simplify its business—not to cut costs.CNBC - Jan. 23 -
Nvidia Supplier SK Hynix Posts Record Profit on AI Boom
The South Korean memory-chip maker reported record quarterly and annual results after stronger-than-expected earnings for the final quarter of 2024 on robust chip demand.The Wall Street Journal - Jan. 22 -
Meta backs Databricks as the data analytics startup inches toward IPO
Meta rarely invests in startups, but it works with Databricks on the Llama open-source models that Meta trains.CNBC - Jan. 22 -
Biggs takes step toward launching Arizona governor's bid
Rep. Andy Biggs (R-Ariz.) announced on Tuesday that he has filed a statement of interest for an Arizona gubernatorial bid ahead of the 2026 election. “Arizona has a bright future but will need ...The Hill - Jan. 21 -
Apple is accused of profiting from 'blood minerals'
The Democratic Republic of Congo says Apple is sourcing minerals from armed groups committing atrocities.Financial Times - Jan. 21 -
Valencia condemn abuse toward Sociedad players
Hosts Valencia and Real Sociedad have condemned the racist abuse aimed at visiting Japan international Take Kubo and forward Ander Barrenetxea during Sunday's match at the Mestalla stadium.ESPN - Jan. 20 -
Manchester United take step towards potential 100,000-seat stadium
Task force report has completed initial feasibility work OTRTF claims huge value could be added to UK economy Old Trafford’s rebuild as a new 100,000-seater stadium and the wider regeneration ...The Guardian - Jan. 17 -
Israel, Hamas barrel toward ceasefire: How will it work?
Fifteen months of devastating war in Gaza could come to a halt as soon as Sunday, with Israel’s government poised to approve a ceasefire and hostage release deal with Hamas. Though the exact ...The Hill - Jan. 17 -
Lindsey Vonn falls toward end of downhill training run in Cortina
Lindsey Vonn has fallen toward the end of a World Cup downhill training run in Italy and appeared slightly banged upABC News - Jan. 16 -
BBC travels with aid convoys in Jordan heading towards Gaza
The BBC's Fergal Keane travelled with the trucks carrying crucial aid to the King Hussein Bridge border crossing with IsraelBBC News - Jan. 16 -
Taiwanese chipmaker TSMC posts 57% surge in profit thanks to the AI boom
Taiwan computer chip maker TSMC has reported its profit in the last quarter rose 57%, buoyed by the artificial intelligence boomABC News - Jan. 16 -
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 -
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 -
2 private lunar landers head toward the moon in a roundabout journey
SpaceX has launched a pair of lunar landers for U.S. and Japanese companies looking to jumpstart business up thereABC News - Jan. 15 -
Bitcoin accelerates its slide, falling toward $90,000 to start the week
Bitcoin at one point dropped to the $90,000 mark to start the week, extending weekend losses as investors continued to dump tech stocks.CNBC - Jan. 13 -
China corporate profits set for third year of declines
Oversupply drives intense competition that is undermining prices and profitabilityFinancial Times - Jan. 13 -
Northern Irish nun killed in Ecuador earthquake takes step towards sainthood
Beatification ceremony for Clare Crockett, former party girl from Derry, draws more than 100 people to Madrid. A nun from Northern Ireland who was killed in an earthquake while she was teaching ...The Guardian - Jan. 12 -
Russian forces advance towards Dnipro region
Troops bypass urban warfare in Donetsk and push towards highway leading to DnipropetrovskFinancial Times - Jan. 12 -
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 -
Supreme Court leans toward upholding law that could ban TikTok
The fate of a law that would likely ban social media platform TikTok in the United States goes before the Supreme Court as the justices consider whether to block it.NBC News - Jan. 10 -
UK government borrowing costs rise towards 16-year high
Yields jump after strong US jobs data, threatening to wipe out room for extra borrowing under Labour’s budget rulesFinancial Times - Jan. 10
