BRIGANTINE, N.J. — A group of young entrepreneurs from the Brigantine Farmer’s Market “Dolphin Tank” program presented a donation of $575 to the Marine Mammal … Read more
BYD, China’s top electric vehicle (EV) maker, recorded a substantial increase in profits in its 2023 annual report published on Tuesday. BYD previously dethroned billionaire … Read more
By Siddharth Cavale and Jessica DiNapoli NEW YORK (Reuters) -The U.S. Federal Trade Commission recommended Thursday that policymakers look further into profits at grocery store … Read more
By Nathan Gomes (Reuters) – Several U.S. auto retailers reported dour fourth-quarter profits this week, as price cuts and incentives to lure in buyers in … Read more
By Laura Sanicola (Reuters) – U.S. oil refiners are expected to report another quarter of lower earnings versus year-ago levels due to weaker fuel prices … Read more
(Reuters) – Global equity funds saw significant withdrawals in the week up to Dec. 20 as investor enthusiasm over potential rate cuts waned and profit-taking … Read more
SEOUL (Reuters) – South Korea’s commercial banks will provide 2 trillion won ($1.53 billion) to support small businesses, the organisation representing the lenders said on … Read more
By Pete Schroeder WASHINGTON (Reuters) – U.S. banks reported Wednesday a slowdown in profits in the third quarter of the year, as lower noninterest income … Read more
By Nivedita Balu TORONTO (Reuters) – Canada’s big banks are likely to wrap up a challenging financial year with another quarter of declining profits and … Read more
By Lefteris Papadimas ATHENS (Reuters) – Alpha Bank and Piraeus Bank reported on Friday a jump in profits for the first nine months of 2023 … Read more
MEXICO CITY (Reuters) – Mexican bottler Arca Continental said on Thursday its third-quarter net profit rose 7% as it sold more water and soft drinks … Read more
BERLIN (Reuters) – German defence contractor Rheinmetall said on Wednesday its third-quarter profitability jumped on strong demand for weapons and ammunitions, with operating profit expected … Read more
By Manya Saini and Niket Nishant (Reuters) – U.S. mid-sized banks will likely need to shell out more to retain deposits in the next few … Read more
TOKYO (Reuters) – Japan retained its view of a modest recovery in the world’s third-biggest economy, but upgraded its assessment of corporate earnings for the … Read more
By Himanshi Akhand and John Biju (Reuters) – Australian supermarkets are set to report stronger full-year earnings as decades-high inflation propped shelf prices, but outlook … Read more
Defense Company Profits Leveled Off But Stocks Soared In 2022 Micaela Burrow on August 7, 2023 Defense companies raked in similar profits on weapons sales … Read more
By Tatiana Bautzer and Pete Schroeder NEW YORK (Reuters) – U.S. banking giants may take up to four years to set aside profits to meet … Read more
By Laura Sanicola (Reuters) – U.S. refining profits are expected to fall from last year’s records but remain strong as domestic refining outages and increased … Read more
Largest US Bank Notches Massive Profits Following Government-Assisted Acquisition Will Kessler on July 14, 2023 The biggest bank in America announced huge profits Friday after … Read more
STEPHEN MOORE: Biden Declares War On Profits Stephen Moore on July 11, 2023 White House press secretary Karine Jean-Pierre recently reiterated a point the Biden … Read more
PARIS (Reuters) – Companies in most countries have enough profit to be able to absorb an increase in wages needed for staff to cope with … Read more
By Casey Hall SHANGHAI (Reuters) – When tech giant Apple joined China’s livestreaming frenzy, a major driving force of the e-commerce boom in the world’s … Read more
(Reuters) – New York-based investment management company Brahman Capital Corp is closing one of its equity hedge fund and returning cash to its clients, Bloomberg … Read more
(Reuters) -Chile’s SQM, the world’s second-largest lithium producer, said on Wednesday that its first-quarter net profit slid almost 6% compared to the year-ago period to … Read more
By Tom Sims FRANKFURT (Reuters) -Deutsche Bank investors on Wednesday questioned the sustainability of the lender’s growth plans and called for a shift of resources … Read more
(Reuters) – Net profit at Grupo SURA, Colombia’s largest investment company, almost doubled in the first quarter compared to the year-ago period, the company said … Read more
By Tom Polansek CHICAGO (Reuters) – U.S. cattle producer Brad Kooima declined multiple, escalating bids from meatpackers seeking to buy his livestock to hold out … Read more
(Reuters) – Short sellers have pocketed $1.2 billion in paper profits betting against U.S. regional lenders in the first two days of May, analytics firm … Read more
Supreme Court To Decide Whether Gov Can Seize 94-Year-Old’s Home, And Keep The Profits Katelynn Richardson on April 25, 2023 The Supreme Court is set … Read more
(Reuters) – Deutsche Bank’s Russian subsidiary’s profits jumped by almost six times in 2022 to 5.4 billion roubles ($66.42 million), Russian audit documents showed, the … Read more
US Allies Snap Up Russian Oil, Sell Their Own To Boost Profits John Hugh DeMastri on April 17, 2023 Saudi Arabia and the United Arab … Read more
(Reuters) – Citigroup equity strategists flagged a likely 5% contraction in global profits this year as turmoil in the banking sector raises the risk of … Read more
MOSCOW (Reuters) – Russian companies made profits of 2.34 trillion roubles ($30.25 billion) in January, data from the federal statistics service showed on Wednesday, down … Read more
California Bill To Cap Oil Profits Approved By State Senate Committee John Hugh DeMastri on March 23, 2023 A California bill sponsored by Governor Gavin … Read more
(Reuters) – Earnings of U.S. auto dealers have eased over the past few months from record levels hit in 2022 as margins came under pressure … Read more
MADRID (Reuters) – Asia was an outlier for Zara owner Inditex last year, the only region where profits fell as China faced COVID-19 lockdowns, while … Read more
Oil CEOs See Massive Bonuses Amid Record Profits John Hugh DeMastri on March 10, 2023 The pay packages for the chief executives of British oil … Read more
By Jessica DiNapoli NEW YORK (Reuters) – Federal Reserve Chair Jerome Powell said this week inflation could fall if companies curbed their profits – but … Read more
By Howard Schneider WASHINGTON (Reuters) – It wasn’t volunteered, but Federal Reserve Chair Jerome Powell on Tuesday made his most extensive comments to date on … Read more
SANTIAGO(Reuters) – Chilean retailer Cencosud posted a 22% rise in its fourth-quarter profit last year, the company said in a statement on Thursday, boosted by … Read more
By John Revill and Richa Naidu ZURICH/LONDON (Reuters) -The world’s biggest food group Nestle will lift prices again this year, Chief Executive Mark Schneider said … Read more
By Alexander Marrow MOSCOW (Reuters) – Russia’s largest lender Sberbank said on Thursday its January net profit rose 9.8% year-on-year to 110.1 billion roubles ($1.51 … Read more
Citing ‘Outrageous’ Big Oil Profits, Biden Calls For Quadrupling Tax On ‘Corporate Stock Buybacks’ John Hugh DeMastri on February 7, 2023 President Joe Biden criticized … Read more
Biden’s Energy Crackdown Ended Up Fueling Big Oil’s Record Profits Mary Lou Masters on February 1, 2023 U.S. oil companies released their record 2022 earnings, … Read more
By Hilary Russ NEW YORK (Reuters) – With the cost of butter plunging nearly 16% in a month and wholesale broiler chickens getting cheaper, some … Read more
By Nandita Bose and Jarrett Renshaw WASHINGTON (Reuters) – The White House on Friday launched a fresh attack against U.S. oil companies, accusing them of … Read more
By Khushi Mandowara and Leroy Leo (Reuters) – Hospital operators in the U.S. are likely to see a dip in fourth-quarter profits as an ongoing … Read more
By Nivedita Balu and Yuvraj Malik (Reuters) – Keen to buttress margins and appease investor concerns at a time of slowing sales growth, big U.S. … Read more
Electric Vehicle Sales Hit Record Levels In 2022 As Automakers Raked In Profits John Hugh DeMastri on January 16, 2023 Sales of electric vehicles increased … Read more
MADRID (Reuters) – Spain wants the EU to allow it to set prices for nuclear and hydroelectric as it seeks to decouple the cost of … Read more