profits

Revenues Grow While Profits Flat For Over Half Of US SMBs
Revenues Grow While Profits Flat For Over Half Of US SMBs
January 06, 2020  |  SMBs

More than half of U.S. small businesses (SMBs) — 57 percent — reported revenue growth in 2018, although profits remained the same as in 2017,...

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Bolt CEO: Ride-Hailing Firm Nearing Profitability In Most Markets
Bolt CEO: Ride-Hailing Firm Nearing Profitability In Most Markets
December 03, 2019  |  Ridesharing

The CEO of Bolt, an Estonian-based ride-hailing company, said his company is beginning to see profitability in most of the markets in which it operates,...

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Silicon Valley Braces As VCs Pump The Brakes
Silicon Valley Braces As VCs Pump The Brakes
November 27, 2019  |  Investments

Profits are being pushed over progress as Silicon Valley investors start reeling in the billions that startups have come to expect, The Wall Street Journal...

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WeWork’s IPO Flop Triggers Tech Startup Scrutiny By Investors
WeWork’s IPO Flop Triggers Tech Startup Scrutiny By Investors
November 08, 2019  |  Investments

Following WeWork’s IPO debacle, investors want tech startups to prove profitability before seeking funds and going public, CNBC reported on Friday (Nov. 8). Over 2,000...

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Moody’s Predicts Difficult Retail Landscape, Lowers Profit Forecast
Moody’s Predicts Difficult Retail Landscape, Lowers Profit Forecast
November 01, 2019  |  Retail

A new report by Moody’s Investors Service predicts that growth for retailers will slow due to the costs of integrating eCommerce with brick-and-mortar operations as...

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HSBC Announces U.S., U.K. Restructuring Amid Q3 Losses
HSBC Announces U.S., U.K. Restructuring Amid Q3 Losses
October 28, 2019  |  B2B Payments

Losses at some HSBC businesses are causing the bank — Europe’s largest — to restructure, CNBC reported Monday (Oct. 28). HSBC posted an 18 percent...

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Comcast Gains 379K High-Speed Internet Subscribers In Q3
Comcast Gains 379K High-Speed Internet Subscribers In Q3
October 24, 2019  |  Retail

With additions to its internet subscribers but a loss in video users, Comcast Corp. came out ahead of Wall Street estimates for third-quarter profits. The firm took...

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Deutsche To Invest Billions In Automation, Analytics
Deutsche To Invest Billions In Automation, Analytics
October 01, 2019  |  Investments

German shipping and logistics company Deutsche Post DHL has investment and expansion plans to capitalize on the growing eCommerce space worldwide, according to a report...

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Investor Says Grubhub Challenged By Competition, Margin Pressures
Investor Says Grubhub Challenged By Competition, Margin Pressures
September 19, 2019  |  Delivery

Famous investor Jim Chanos, founder of Kynikos Associates, said that Grubhub, a food delivery company, makes barely anything per order and that fees will go...

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