Latest in Toward Profitability
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Pakistani airline says ad showing plane flying toward Eiffel Tower never meant to evoke 9/11
Pakistan’s national airline says that an advertisement showing a plane heading toward the Eiffel Tower was never intended to evoke the memories of the Sept. 11 attacksABC News - Jan. 16 -
Target says its holiday sales were better than expected — but its profits weren't
The big-box retailer's report indicates that deals and promotional events motivated shoppers.CNBC - Jan. 16 -
Nvidia supplier Taiwan Semi reports profit surge. AI capacity is ‘very tight,’ CEO says.
Taiwan Semiconductor Manufacturing Co. on Thursday reported a stronger-than-expected profit and said artificial intelligence demand will help offset a typically weak period for smartphone sales.MarketWatch - Jan. 16 -
Bank of America profits boosted by loan growth and robust trading
Strong results echo other big Wall Street banksFinancial Times - Jan. 16 -
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 -
TSMC cuts profitability target as cost of diversifying supply chains bites
World’s biggest chipmaker faces less efficient operations in US and Japan but gets boost from AI demandFinancial Times - Jan. 16 -
TSMC net profit hits record high as fourth-quarter results top expectations on robust AI chip demand
TSMC, the world's largest contract chip manufacturer, produces advanced processors for clients such as Nvidia and Apple and has benefited from the megatrend in favor of AI.CNBC - Jan. 16 -
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 - Jan. 15 -
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 -
JPMorgan Chase, Wells Fargo and Goldman Sachs Report Big Profits
The largest banks, including JPMorgan Chase, Wells Fargo and Goldman Sachs, reported bumper profits on Wednesday.The New York Times - 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 -
Can I cut how much I pay towards my children’s school fees?
My ex-wife has chosen a school with very high fees and I can’t afford them following VAT changesFinancial Times - 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 -
10-year Treasury yield inches toward 5% as next U.S. inflation update looms
Yields on long-dated U.S. government debt pushed further into their highest closing levels in over a year on Monday, ahead of the midweek release of the December consumer-price index.MarketWatch - Jan. 13 -
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 - Jan. 13 -
Do you feel hopeless about humanity? Look for the good things – and build a bridge towards them
We all have the capacity for creativity and growth. Hold on to this potential when life seems bleak. Something quite peculiar has happened to my Facebook feed, and I like it. (Yes, I am still on ...The Guardian - 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 -
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Turkey's Kurdish leaders meet jailed politician as the two sides inch toward peace
A delegation from one of Turkey’s biggest pro-Kurdish political parties has met a leading figure of the Kurdish movement in prison, the latest step in a tentative process to end the country’s ...ABC News - Jan. 11 -
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. - Jan. 11 -
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 -
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 - Jan. 10 -
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 - Jan. 9 -
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