Earnings

Earnings are the net benefits of a corporation's operation. Earnings is also the amount on which corporate tax is due.
JetBlue Reports ‘Exceptional Growth and Engagement’ for Loyalty Program
JetBlue Reports ‘Exceptional Growth and Engagement’ for Loyalty Program
January 30, 2024  |  Earnings

JetBlue’s newly expanded loyalty program saw “exceptional growth and engagement” during its first months. The program, TrueBlue, was expanded during the fourth quarter and has seen...

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Mondelez Looks to Healthier Snacks to Whet Consumers’ Appetites
Mondelez Looks to Healthier Snacks to Whet Consumers’ Appetites
January 30, 2024  |  Earnings

Global snack and candy giant Mondelez International is pivoting its focus to healthier chocolate.  Reporting on the fourth quarter of 2023, Mondelez, which owns brands like Oreo,...

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AI Helps Lift YouTube and Google Cloud Subscriptions 5x Higher Than 2019’s Levels
AI Helps Lift YouTube and Google Cloud Subscriptions 5x Higher Than 2019’s Levels
January 30, 2024  |  Earnings

For Alphabet, the artificial intelligence (AI) boon has helped boost subscriptions. But advertising sales for the parent company of Google, having fallen just short of...

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Starbucks Uses AI-Powered Personalized Rewards to Boost Frequency and Spend
Starbucks Uses AI-Powered Personalized Rewards to Boost Frequency and Spend
January 30, 2024  |  Loyalty & Rewards

Starbucks is seeing its artificial intelligence data efforts boost its rewards program effectiveness, incentivizing consumers to spend more and visit more often. On a conference...

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UPS Package Volume Drops 7.4% in ‘Difficult and Disappointing’ 2023
UPS Package Volume Drops 7.4% in ‘Difficult and Disappointing’ 2023
January 30, 2024  |  Earnings

UPS is cutting jobs and considering selling one of its businesses as shipping volumes decline. The shipping giant will eliminate 12,000 positions — chiefly full-time and part-time...

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Delivery Hero Sells $97 Million Stake in Deliveroo
Delivery Hero Sells $97 Million Stake in Deliveroo
January 30, 2024  |  Delivery

Delivery Hero has sold its 4.5% stake in British food ordering platform Deliveroo. The Berlin-based company announced the $97 million sale of its 68 million shares in...

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SoFi New Member Additions Soared 44% Amid Strong ‘Cross-Buy’ Opportunities
SoFi New Member Additions Soared 44% Amid Strong ‘Cross-Buy’ Opportunities
January 29, 2024  |  Earnings

SoFi Technologies said in its latest earnings report that it had seen significant growth in cross-selling activity, and noted that the vast majority of its...

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CE 100 Index Advances 1.5% as Netflix Surges on Subscriber Gains
CE 100 Index Advances 1.5% as Netflix Surges on Subscriber Gains
January 29, 2024  |  Connected Economy

The earnings roll in, and the stocks gyrate — a roller coaster that happens every three months. The CE 100 Stock Index gained 1.5%, as...

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Amex: Millennial and Gen Z Spending Surges 15%, Delinquencies Up Slightly
Amex: Millennial and Gen Z Spending Surges 15%, Delinquencies Up Slightly
January 26, 2024  |  Earnings

The enthusiasm to tap into credit lines and to spend on experiences continues unabated — and has been illuminated in stark relief by the latest...

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