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BMW Posts Sharp Fall in Automotive Profitability

BMW reported a sharp drop in profitability for its key automotive unit, hit by costs of a recall and weak demand in China, even as it forecast stronger earnings in the fourth quarter.

Business - The Wall Street Journal - November 6

Honda Motor Cuts Forecasts for Car Sales, Profit

The Japanese automaker cut its annual forecasts for car sales and net profit after posting a drop in first-half earnings due partly to weakness in its auto business in China.

Business - The Wall Street Journal - November 6

China woes weigh on profits at Toyota, Honda and BMW

Even the strongest international carmakers are suffering from intense competition in the Chinese market

World - Financial Times - November 6

Rivian Maintains Profitability Target Despite Part Shortage

The carmaker said a part shortage in the third quarter hampered factory production, but it is still on track to report its first gross profit by year-end.

Business - The Wall Street Journal - November 7

Vistry shares plunge as cost overruns hit profits

UK housebuilder blames ‘insufficient management capability’ and ‘poor divisional culture’ for underestimating costs

Business - Financial Times - November 8

Flattery, profits, peace: Ukraine’s pitch to Trump

Two ideas included in Volodymyr Zelenskyy’s ‘victory plan’ were crafted with the Republican’s presidency in mind

World - Financial Times - November 12

Allianz Narrows Guidance Range After Profit Beat

The insurance giant narrowed its outlook for the year to the upper end of its range after lower natural catastrophe claims drove third-quarter profits above expectations.

Business - The Wall Street Journal - 5 days ago

Tencent Profit Momentum Continues on Gaming Strength

Tencent’s core gaming business delivered strong results as the Chinese technology giant contended with a cooling economy.

Business - The Wall Street Journal - 5 days ago

Foxconn reiterates forecasts after record profits

Taiwanese contract manufacturer Foxconn on Thursday said it was reiterating its outlook but with better visibility after record earnings and profit.

Business - MarketWatch - 4 days ago

JD.com Profit, Revenue Rise as Consumer Sentiment Improves

The Chinese e-commerce giant reported higher profit and revenue in the third quarter despite fierce competition from Alibaba and PDD Holdings.

Business - The Wall Street Journal - 4 days ago

NetEase's Profit Falls on Weaker Gaming Revenue

The Chinese videogame giant’s profit tumbled for a second straight quarter and revenue missed market expectations as the main business delivered a soft performance.

Business - The Wall Street Journal - 4 days ago

Deutsche Telekom Lifts Outlook After Profit Beat

The telecoms group raised its full-year guidance for a key earnings metric after reporting higher net profit in the third quarter, citing continued growth momentum on both sides of the Atlantic.

Business - The Wall Street Journal - 4 days ago

Spectrum Brands’ stock slides as profit lags estimates

“Challenging economic and geopolitical conditions” are impacting consumer demand, according to its CEO.

Business - MarketWatch - 3 days ago

Crackdown launched on child social care profiteering in England

Companies will be forced to disclose finances in bid to curb ‘excessive profits’ bankrupting councils

World - Financial Times - Yesterday

General Motors’ stock jumps after big profit beat, progress on EV profits

GM’s stock rallies toward a multiyear high after profit beat by a wide margin and the full-year outlook was raised.

Business - MarketWatch - October 22

Leading Through Crisis: Building Resilience and Accountability in Tough Moments

Resilience is the ability to bounce back from difficulties, and it’s a trait that can be developed over time.

Business - Inc. - October 20

CrewAI now lets you build fleets of enterprise AI agents

CrewAI is one of the most popular AI agent frameworks, enabling users to quickly and simply build, deploy and iterate multi-agent “crews.”

Tech - VentureBeat - October 22

The conversation: Are the young Rockets and their fascinating team-building exercise ready for liftoff?

Let's preview the 2024-25 Houston Rockets, including their best-case and worst-case scenarios

Sports - CBS Sports - October 22

Images and video show Israeli missile destroying Beirut residental building in seconds

An Israeli airstrike that demolished a residential building in southern Beirut was captured in several videos as Israel's assault on Lebanon's capital goes on.

Israel says it killed a Hezbollah official expected to become the group's next leader

The Israeli military says one of its airstrikes in early October killed a top Hezbollah official who had been widely expected to become the group’s next leader

World - ABC News - October 23

U.S. to Give Ukraine Millions to Build More Long-Range Drones

The move, confirmed by a Pentagon official, is in line with a U.S. policy change aimed at shoring up Ukraine’s ability to fight the war against Russia with its own weapons.

World - The New York Times - October 22

Video shows Beirut residential building leveled by Israeli airstrike

World - Yahoo News - October 22

Beirut residential building collapses after apparent Israeli airstrike

Videos circulating on social media and verified by NBC News show an apparent Israeli airstrike hitting a residential building in southern Beirut before it collapsed.