Sections
profits
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Bank RegulationFDIC: US Banks See Chargebacks Soar, Profits Tank Due To...
U.S. bank profits took a hit of 69.6 percent in profits in the first...
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CoronavirusAmazon To Use Expected $4B In Q2 Profits On COVID-19...
Amazon.com Inc. said it expects to spend its anticipated $4 billion second-quarter profits on coronavirus-related expenses,...
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RidesharingUber Expects Revenue Plunge As It Retracts 2020 Guidance
The ongoing coronavirus pandemic has caused Uber to withdraw its 2020 guidance as it...
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AppleApple Eases Streaming App Commissions
Apple has announced it will end its practice of taking a cut of streaming...
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EarningsThe RealReal Tops $1B In GMV In 2019
As its gross merchandise volume (GMV) topped $1 billion for 2019, The RealReal Inc. reported...
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Gig EconomyeScooter Startup Lime Exits 12 Markets, Fires 14 Pct. Of...
Lime is striving to reach profitability in 2020 and is laying off about 14...
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SMBsRevenues Grow While Profits Flat For Over Half Of US...
More than half of U.S. small businesses (SMBs) — 57 percent — reported revenue...
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RidesharingBolt CEO: Ride-Hailing Firm Nearing Profitability In Most Markets
The CEO of Bolt, an Estonian-based ride-hailing company, said his company is beginning to...
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InvestmentsSilicon Valley Braces As VCs Pump The Brakes
Profits are being pushed over progress as Silicon Valley investors start reeling in the...
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InvestmentsWeWork’s IPO Flop Triggers Tech Startup Scrutiny By Investors
Following WeWork’s IPO debacle, investors want tech startups to prove profitability before seeking funds...
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RetailMoody’s Predicts Difficult Retail Landscape, Lowers Profit Forecast
A new report by Moody’s Investors Service predicts that growth for retailers will slow...
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B2B PaymentsHSBC Announces U.S., U.K. Restructuring Amid Q3 Losses
Losses at some HSBC businesses are causing the bank — Europe’s largest — to...
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RetailComcast Gains 379K High-Speed Internet Subscribers In Q3
With additions to its internet subscribers but a loss in video users, Comcast Corp. came out...
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InvestmentsDeutsche To Invest Billions In Automation, Analytics
German shipping and logistics company Deutsche Post DHL has investment and expansion plans to...
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DeliveryInvestor Says Grubhub Challenged By Competition, Margin Pressures
Famous investor Jim Chanos, founder of Kynikos Associates, said that Grubhub, a food delivery...
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Digital PaymentsPaytm’s Long Walk To Profitability
Paytm is perhaps the largest and best-known domestic name in mobile payments in India,...
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InternationalIndia’s MobiKwik Turns A Profit
The 10-year-old Gurgaon-headquartered mobile payments firm MobiKwik has hit its profit goals and is...
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EarningsDigital Delivers An Earnings Beat For Macy’s
Today’s news is something of a departure from the more mournful tone of Macy’s...
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AppleNew China Tariffs Can Boost Apple iPhone Costs By 3...
New tariffs imposed by China could cause Apple’s iPhone production costs to rise as...
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LoansCredit Card Losses Top Home, Auto Loans At US Banks
Credit card losses at the biggest banks are outpacing auto and home loans, with...
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EarningsGM Posts Better-Than-Expected Q1 Profits
General Motors reported quarterly profit that was higher than expected on Tuesday (April 30),...
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EarningsBlue Apron Achieves Profitability Under New CEO
Blue Apron continued to shed customers in the first quarter of 2018, but it...
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RetailH&M Reports Narrower Profit Decline Than Expected
H&M, the world's second-largest retailer, reported a smaller than expected decline in profit for...
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IPOLyft Posts $911M In 2018 Losses
Lyft, the ride-hailing startup that’s going public via an initial public offering later this...
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AmazonAnalysts Say Amazon’s Profit Strategy Could Boost Shares 25 Pct
Amazon’s recent moves in pushing groceries, closing pop-up stores and zeroing in on advertising...
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RetailFootfall Worries US Retail Despite Strong Holiday Season
Despite a record-breaking holiday season for retailers in 2018, the strength of the industry’s...
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BitcoinBitcoin Daily: Rising Electric Rates Challenge Bitcoin Mining Profits; Bitwala...
Bitwala is teaming up with Germany-based solarisBank to roll out a blockchain bank account,...
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B2B PaymentsAussie Bank Crackdown Takes Its Toll On ANZ Profits
Profits for Australia and New Zealand Banking Group (ANZ) have taken a hit as...
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B2B PaymentsTesla Wants Money Back From Suppliers To Turn A Profit
Automaker Tesla Inc. is reportedly seeking partial refunds from suppliers it's already paid in...
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EarningsLoan Performance Weighs On SoFi's Q4
Social Finance (SoFi), the FinTech lending company, said late last week that customers are...
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EarningsUber Reports Boost In Bookings, Smaller Losses For Second Quarter
Uber has reported a 16 percent increase in quarterly bookings—and a smaller loss than...
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RetailFedEx Profits Flatten Over Increased Spending
As the holiday shipping (not to be confused with shopping) season kicks into high...
- Earnings
Burberry Fiscal Fabric Weathered By 40 Percent
Burberry’s fiscal fabric is bunching. The London-based fashion company just posted a significant drop...
- International
What's To Blame For Samsung's Sales Slump?
Smartphones may be behind the most recent earnings estimates offered up by South Korea’s...
