WORLDD.NEWS: Breaking News, World News, US News 09:17, 08/14/2019

Axel Springer revenue, profits fall in Q2 as weaker economy weighs

German publisher Axel Springer reported a decline in revenue and profits in the second quarter, as a weakening economy hit its jobs classifieds business and it invested more in lon...

Axel Springer revenue, profits fall in Q2 as weaker economy weighs

Source: reuters.com

KKR Swoops for Axel Springer Stake Axel Springer reached an agreement with KKR for the private-equity firm to buy out its minority shareholders in a deal valuing the German media company at $7.7 billion....
13:34, 06/12/2019

Axel Springer Shares Surge on KKR Bid Talks Shares in German media giant Axel Springer surged after the company said it was in talks with private-equity firm KKR about a potential strategic investment that could privatize the publisher of some of Europe’s biggest newspapers....
13:17, 05/30/2019

KKR offers 40% premium to buy out Axel Springer minorities Funds controlled by U.S. private equity investor KKR on Wednesday offered 63 euros a share to buy out minority shareholders in Axel Springer in a deal agreed with the German publisher's main shareholders....
10:00, 06/12/2019

KKR to take stake in German publisher Axel Springer BERLIN (AP) — Global investment firm KKR is set to take a stake in Germany’s Axel Springer, the publisher of the mass-circulation Bild daily, in what is described as a strategic partnership. Springer said Wednesday that a holding company owned by KKR-advised funds will launch a cash offer for ...
15:00, 06/12/2019

UPDATE 1-KKR has 6.7% acceptances for Axel Springer buyout offer U.S. private equity investor KKR said on Friday its tender to buy out minority shareholders in Axel Springer had received acceptances on behalf of 6.7% of the shares in the German publisher....
17:17, 07/26/2019

KKR offers 63 euros per share to buy out Axel Springer minorities Funds controlled by U.S. private equity investor KKR on Wednesday offered 63 euros a share to buy out minority shareholders in Axel Springer in a deal agreed with the German publisher's main shareholders....
08:34, 06/12/2019

UPDATE 1-KKR nears 20% target for Axel Springer buyout KKR's tender to buy out minority shareholders in German media group Axel Springer had received 19.2% in acceptances, the U.S. private equity investor said, putting it close to the 20% it needs by the deal's Friday deadline....
13:51, 08/02/2019

KKR buyout at Axel Springer clears minimum acceptance threshold KKR's offer to buy out minority shareholders in Axel Springer has cleared its minimum acceptance threshold of 20%, both firms said on Monday, bringing a plan to take the German publisher private closer to completion....
09:51, 08/05/2019

FCA Q1 profit falls 29% on weaker sales, revenue Fiat Chrysler's adjusted operating profit fell 29 percent in the first quarter as sales slowed in North America and Europe. It still expects adjusted 2019 earnings to total more than 6.7 billion euros, as the Jeep Gladiator pickup and heavy-duty Ram truck boost second-half profits....
14:51, 05/03/2019

Renault cuts revenue goal after weaker first half Renault warned that revenue may decline this year, scrapping a previous goal, after first-half profit was hit by weakening car demand and an earnings collapse at alliance partner Nissan in the wake of the Carlos Ghosn scandal....
10:00, 07/26/2019

Economy could be weaker than expected, and the reason is manufacturing Industrial production was negative for the first quarter since the third quarter of 2017, and that could signal weaker economic growth than some economists expect....
20:00, 04/28/2019

Papa John's swings to a loss as fallout from spat with founder weighs on profits Papa John's reported first-quarter net loss of $3.80 million, or 12 cents per share, down from a net income of $17.4 million, or 52 cents per share, a year earlier....
23:51, 05/07/2019

Goldman Sachs Reports Profits, Revenue Decline Goldman Sachs Group’s quarterly profit slipped 6% as clients, spooked by trade tensions and interest-rate whiplash, kept their money on the sidelines. Revenue also fell....
18:17, 07/16/2019

KAR posts higher revenue in Q1, but TradeRev rollout still weighs on bottom line KAR's TradeRev business showed an operating loss of $16.8 million in the first quarter as the company continues to invest in expanding the online auction service....
20:34, 05/08/2019

Trump Weighs Options to Spur the Economy President Trump said he is considering measures to bolster the economy, including a possible reduction in capital-gains taxes, and continued to press the Fed to cut rates even as he played down warning signs of a possible slowdown....
02:34, 08/21/2019

Boeing's 737 MAX Grounding Spills Over Into Economy, Weighs on GDP The prolonged grounding of the Boeing 737 MAX is rippling through the U.S. economy, hurting the nation’s trade balance and clouding the outlook for airlines, suppliers and their tens of thousands of workers....
23:17, 07/22/2019

BP Profits Fall on Oil Price Volatility BP said its profit dropped by 12% in the first quarter due to a weaker oil price environment at the start of 2019, echoing anemic quarterly results recently reported by other Big Oil companies....
14:17, 04/30/2019

Starbucks UK gross profits fall 21% in 2018 The UK division of Starbucks Corp on Thursday reported a 21% profit decline in the fiscal year ended Sept. 30, 2018, as higher costs more than offset modest revenue growth. * Starbucks UK's gross profits fell to 56 million pounds in the year, the company said in a statement. Revenu...
22:00, 06/27/2019

Vendors get a hard look as dealer profits fall Many dealers say that cutting vendor costs is a priority this year. The reviews follow a year in which the average U.S. light-vehicle dealership reported a loss on operations for the first time in at least a decade....
08:00, 06/01/2019

Shell's Profits Fall After Chemicals, Refining Operations Take Hit Royal Dutch Shell’s first-quarter earnings fell but the performance of its gas trading business helped the company fare better than many of its rivals....
11:34, 05/02/2019

Fall in number of UK deaths hits profits at funeral provider Funeral provider Dignity has warned that its profits could fall short this year after a "significantly lower-than-expected number of deaths" in the first quarter....
15:34, 05/13/2019

China's industrial profits fall in June, add to fears of slowdown Profits earned by China's industrial firms fell 3.1% in June from a year earlier, reversing gains in May, the National Bureau of Statistics said....
07:17, 07/27/2019

Lloyds Bank profits fall after fresh $669 million PPI charge Britain's biggest mortgage lender Lloyds Banking Group posted weaker-than-expected pretax profits on Wednesday, as a further 550 million pound ($668.9 million) provision to meet claims for mis-sold insurance to consumers weighed on earnings....
08:51, 07/31/2019

RPT-UPDATE 1-China's industrial profits fall in June, add to fears of slowdown Profits earned by China's industrial firms contracted in June after a brief gain the previous month, fuelling concern that a slowdown in manufacturing from a bruising trade war will drag on economic growth....
05:51, 07/29/2019

UPDATE 1-China's industrial profits fall in June, add to fears of slowdown Profits earned by China's industrial firms contracted in June after a brief gain the previous month, fuelling concern that a slowdown in manufacturing from a bruising trade war will drag on economic growth....
05:34, 07/27/2019

Amazon profits fall short as company faces protests and government scrutiny Second-quarter earnings lower than expected amid threat of government anti-monopoly actionAmazon reported lower-than-expected profits in its second quarter of 2019, as it faces unprecedented pushback from lawmakers and consumers over its growing power.The company reported second-quarter earnings of ...
23:34, 07/25/2019

Amazon profits fall short as company faces protests and monopoly fears Second-quarter earnings lower than expected amid threat of government actionAmazon reported lower-than-expected profits in its second quarter of 2019, as it faces unprecedented opposition from lawmakers and consumers over its growing power. Related: Shop til they drop: the play that takes us inside ...
14:17, 07/27/2019

Exxon's Profit, Revenue Fall in Latest Quarter Profit and revenue fell at Exxon Mobil in the latest quarter, while upstream liquids production increased, driven by growth in the Permian Basin. Shares rose premarket....
15:51, 08/02/2019

Baidu forecasts quarterly revenue below estimates, shares fall Chinese search engine operator Baidu Inc on Thursday reported lower-than-expected first-quarter earnings and forecast quarterly revenue below estimates, sending its shares down 8% in extended trading....
04:51, 05/17/2019

TCS Shares Fall After Company's Q1 Revenue Misses Street Estimates Tata Consultancy Services (TCS) shares fell nearly per cent on Wednesday, a day after the country's largest IT services exporter kicked off the earnings season by reporting a profit of 8,131 crore in......
12:51, 07/10/2019

Broadcom's quarterly revenue misses estimates, shares fall 6% Broadcom Inc on Thursday reported lower-than-expected quarterly revenue and cautioned of a broad-based slowdown in demand, driven by continued geopolitical uncertainties....
01:17, 06/14/2019

UPDATE 1-Eli Lilly cuts revenue forecast, shares fall U.S. drugmaker Eli Lilly and Co cut its full-year revenue forecast on Tuesday, as it predicted further hits from price declines in the United States and increased generic competition for drugs including erectile dysfunction treatment Cialis....
13:51, 04/30/2019

UPDATE 2-Avon revenue misses on fall in sales representatives Cosmetics maker Avon Products Inc missed first-quarter revenue estimates on Thursday, hit by fewer direct sales representatives in Europe, Middle East & Africa and Brazil, its biggest market....
14:51, 05/02/2019

FireEye revenue, billings forecasts disappoint, shares fall Cyber security company FireEye Inc on Tuesday forecast second-quarter revenue and billings largely below Wall Street expectations as it expects to close fewer large deals than it did a year ago, sending its shares down 5 percent in after-hours trading....
01:51, 05/01/2019

Mylan quarterly revenue misses estimates, shares fall Drugmaker Mylan NV missed Wall Street estimates for quarterly revenue on Tuesday, hurt by restructuring at its Morgantown plant in West Virginia and a stronger dollar, sending its shares down 4.5 percent....
15:34, 05/07/2019

Xerox cuts full-year revenue forecast, shares fall Xerox Corp posted a better-than-expected quarterly profit on Tuesday, but cut its full-year revenue forecast citing organizational changes, primarily in North America....
22:51, 07/30/2019

Apple Posts Declines in Profit, Revenue as iPhone Sales Fall 17% Apple’s earnings will be a contest over where Wall Street should shine its spotlight: The iPhone maker’s core but stalling smartphone sales or its fast-growing business of selling services....
23:00, 04/30/2019

Apple sets sights on services as iPhone revenue continues to fall Enlarge (credit: Andrew / Flickr) Today, Apple shared its fiscal second-quarter results with shareholders. After a tumultuous first quarter that saw CEO Tim Cook revise the company's guidance weeks before the earnings report was made public, investors and analysts were looking for Apple to divulge...
13:00, 05/02/2019

GameStop revenue misses estimates as Xbox, PlayStation sales fall GameStop Corp on Tuesday reported a 13.3% fall in quarterly revenue that missed analysts' estimates, as the world's largest video game retailer wrestles with slowing sales of video games and consoles at its stores....
23:17, 06/04/2019

Mylan revenue misses on Morgantown plant issues, shares fall 8 percent Mylan NV missed first-quarter revenue estimates on Tuesday, hurt by lower demand for its products and manufacturing problems at its Morgantown plant, sending its shares down nearly 8 percent....
16:34, 05/07/2019

Amgen revenue flat for first quarter, Aimovig, Repatha fall short of sales expectations Amgen Inc on Tuesday reported first-quarter revenue that was unchanged from a year ago and net income fell 14 percent as sales of key drugs, including new migraine treatment Aimovig and cholesterol fighter Repatha, face competition and pressure to lower prices....
22:34, 04/30/2019

Crude oil prices fall 1% on fears for global economy Crude oil prices fell on Friday as concerns over the outlook for global economic growth outweighed elevated tensions in the Middle East that could disrupt supply routes and send prices higher....
05:51, 07/05/2019

Crude oil prices fall amid fears about global economy Crude oil prices fell on Friday as concerns over the outlook for global economic growth outweighed elevated tensions in the Middle East that could disrupt supply routes and send prices higher....
07:51, 07/05/2019

Storm 'Axel' causes travel disruption, flooding in Germany, Austria Parts of Germany came to a standstill after storms and torrential rain, especially in the south. One person died and daily life has been disrupted. The worst weather appears to be over, for now....
19:17, 05/21/2019

Springer placed on 10-day IL with left hamstring injury The Houston Astros placed outfielder George Springer on the 10-day injured list Saturday with a left hamstring strain        ...
00:51, 05/26/2019

Springer hits 17th HR, Astros top Red Sox for 9th straight W BOSTON (AP) — George Springer hit his American League-leading 17th home run and the Houston Astros continued their torrid month of May with their ninth straight victory, 3-1 over the Boston Red Sox on Friday night. Springer’s two-run shot in the eighth off Rick Porcello put the Astros up 2-1 a...
04:34, 05/18/2019

MLB notebook: Astros place OF Springer (hamstring) on IL The Houston Astros put star outfielder George Springer on the 10-day injured list on Saturday, a day after he strained his left hamstring while chasing a foul ball....
04:17, 05/26/2019

KKR has 19.2% acceptances for Springer buyout, close to 20% goal KKR said its tender to buy out minority shareholders in Axel Springer had received 19.2% in acceptances, putting it close to the 20% it needs for the deal to succeed ahead of Friday's deadline....
13:51, 08/02/2019

Astros put AL HR leader Springer on injured list Astros right fielder George Springer has been placed on the 10-day injured list with a left hamstring strain after he hurt himself chasing a pop foul during Friday's game....
00:00, 05/26/2019

KKR says investment pact with Springer valid for five years U.S. private equity investor KKR said on Wednesday its investment agreement with the main shareholders in German publisher Axel Springer, under which it is making an offer to buy out minorities, was valid for five years....
12:00, 06/12/2019

MLB notebook: Astros lose Springer to injury Houston Astros All-Star outfielder George Springer will miss Monday's game and is day-to-day with lower back stiffness, manager AJ Hinch said after Sunday's 4-3 loss to the Boston Red Sox....
11:34, 05/20/2019

Germany's economy just shrank, meaning Europe's biggest economy is 'teetering on the edge of recession' Reuters/Hannibal Hanschke Germany's economy shrank 0.1% in the second quarter, driven by a decline in exports due to the US-China trade war. The slowdown is bad news given Germany is Europe's largest economy and a key player in the eurozone. The contraction comes after the UK economy shrunk last we...
01:34, 08/15/2019

Springer, Bregman propel Astros to 6-2 victory over Angels George Springer and Alex Bregman homered, Wade Miley pitched two-run ball into the sixth inning and the Houston Astros beat the Los Angeles Angels 6-2       ...
07:51, 07/19/2019

Astros star George Springer punished for slurring ump Houston Astros star George Springer reportedly faced punishment for a foul-mouthed tirade in which he apparently called an umpire a “f—–g c——-r.” Springer’s meltdown occurred April 23 in a game against the Minnesota Twins. Instead of getting a ball four call, home-plate umpir...
19:00, 05/05/2019

Astros place AL home run leader George Springer on IL HOUSTON — The Houston Astros placed outfielder George Springer on the 10-day injured list Saturday with a left hamstring strain, but could be close to getting star second baseman Jose Altuve back from injury. Houston general manager Jeff Luhnow said Springer suffered a Grade 2 sprain, but would not ...
04:34, 05/26/2019

Springer jobs portal buys Appcast for 70 million euros German publisher Axel Springer said on Monday that its Stepstone jobs portal had bought an 85% stake in Appcast, a U.S. technology company specializing in so-called programmatic advertising, for around 70 million euros ($79 million)....
15:00, 07/01/2019

MLB power rankings: Led by George Springer, red-hot Astros take back the No. 1 spot George Springer and Alex Bregman have been on fire to start the month of May and have the Astros primed to run away with the AL West.        ...
14:34, 05/13/2019

Springer, Daily Mail prod European stocks higher Jumps for two of Europe's biggest newspaper publishers helped European stocks gain early on Thursday, recovering from a more than 3-month closing low a day earlier as trade concerns continued to weigh on stock markets....
10:34, 05/30/2019

Springer 5 hits, 2 homers as Astros romp 15-5, sweep Rangers HOUSTON (AP) — George Springer was 5 for 5 with four RBIs and a pair of home runs that increased total to an AL-high 15, leading the Houston Astros to a 15-5 rout over Texas on Sunday and a four-game sweep of the Rangers. Alex Bregman also homered twice and tied his career high with five RBIs as the...
03:17, 05/13/2019

Astros OF Springer leaves game with lower back stiffness BOSTON (AP) — Astros outfielder George Springer has left Houston’s game against the Boston Red Sox in the fifth inning with lower back stiffness. Springer, who entered Sunday leading the American League with 17 homers, took three big swings in the first and struck out against Chris Sale. On th...
01:51, 05/20/2019

Springer's single in 10th lifts Astros over Angels 11-10 George Springer hit a game-ending, RBI single in the 10th inning and the Houston Astros beat the Angels 11-10 after a violent collision at home plate knocked Los Angeles catcher Jonathan Lucroy out of the game       ...
01:51, 07/08/2019

Springer, Correa, Chirinos homer, Astros beat Royals 6-4 HOUSTON (AP) — It’s no secret that Houston’s lineup has power from top to bottom. The Astros continued to show off that power on Monday night. George Springer, Carlos Correa and Robinson Chirinos each homered to lead the Houston Astros to a 6-4 win over the Kansas City Royals. The Astros...
08:17, 05/07/2019

CORRECTED-UPDATE 1-Springer, Daily Mail lead European stocks recovery Jumps for two of Europe's biggest newspaper publishers helped European stocks gain early on Thursday, recovering from a more than 3-month closing low a day earlier as U.S.-China trade concerns continued to weigh on stock markets....
14:00, 05/30/2019

Watch: George Springer sets Astros' leadoff homer record vs. Tigers Center fielder George Springer set the franchise record for leadoff homers in a single season by belting his 10th game-opening bomb of the year in a win against the Detroit Tigers....
16:34, 08/21/2019

Amazon Gets a Leg-Up From Weaker Rivals Amazon poses a strategic dilemma for Europe’s retailers. They are reluctant to help such a powerful competitor but tempted by partnerships that can make struggling stores more profitable....
14:34, 05/15/2019

Global stocks fall on trade, earnings worry; U.S. Treasury yields fall A gauge of global stocks declined for a second straight session and U.S. Treasury yields fell as trade concerns began to percolate and the pace of the U.S. corporate earnings season picked up....
21:51, 07/17/2019

April Passenger Vehicle Sales Fall 17%, Worst Fall In Nearly 8 Years Sales of passenger vehicles dived to 2,47,541 in April versus 2,98,504 a year earlier, data released by the Society of Indian Automobile Manufacturers showed. Two-wheeler sales dropped 16.4 per cent......
20:00, 05/13/2019

Family of man who killed himself after appearing on ‘The Jerry Springer Show’ files wrongful death lawsuit The family of a Kentucky man who fatally shot himself after appearing on the “The Jerry Springer Show” last year is suing the controversial talk show host and NBC....
13:17, 05/02/2019

MK Stalin Questions SBI's Low Cut-Off For Economically Weaker Sections DMK President MK Stalin on Wednesday said the low cut-off marks for economically weaker sections as against that for SC, ST and other categories in the recruitment examination held by the SBI shows......
17:00, 07/24/2019

J&K Approves 10% Reservation For Economically Weaker Sections The Jammu and Kashmir government Thursday approved the reservation (second amendment) bill incorporating 103rd amendment of the Indian constitution to provide 10 per cent reservation to economically......
22:00, 06/20/2019

Trump wants weaker dollar but it could be a hard sell President Donald Trump wants a cheaper dollar, saying earlier this month the United States should match what he says are efforts by other countries to weaken their own currencies - giving them an unfair trade advantage....
02:00, 07/19/2019

The case for US stimulus just got weaker. Europe's is only getting stronger 1. America vs. Europe: The United States and Europe could both soon turn on the stimulus taps. The events of the past week have bolstered the case in Europe, but undermined it in the United States....
06:34, 07/08/2019

FE 'Gen2.5' car set to get weaker "self-punishing" front end design The Gen2 ABB FIA Formula E car is set to feature a front end designed to 'self-punish' drivers when it gets a "facelift" at the end of the 2019/20 season...
17:17, 08/01/2019

Is President Trump Finally Getting a Weaker Dollar? President Trump has repeatedly bashed the dollar’s strength in recent years, only for the currency to grind higher. Now, analysts say, the U.S. currency may finally be primed for a decline, albeit a slow and steady one....
00:51, 07/09/2019

NOAA: Expect a slightly weaker hurricane season The National Oceanic and Atmospheric Administration on Thursday predicted nine to 15 named storms. It says four to eight of them will become hurricanes and two to four of those major hurricanes with 111 mph winds or higher. (May 23)        ...
23:17, 05/23/2019

Second generation Apple AirPods had weaker than expected sales in Q1 Apple's AirPods continue to dominate the true wireless "hearables" category with a larger than 50% market share. However, the second generation of the extremely popular accessory did not add to Apple's already huge share of this market. According to the information made public by Counterpoint Resear...
23:51, 06/14/2019

JGBs sag on rebounding Tokyo stocks, weaker U.S. Treasuries Japanese government bond prices fell on Friday as Tokyo stocks rebounded, hurting demand for debt, while overnight weakness in U.S. Treasuries also weighed on sentiments....
06:51, 05/17/2019

Fed officials see risks in weaker inflation expectations, trade row A drop in the consumer outlook for inflation and intensifying trade tensions drew caution from Federal Reserve officials on Monday as policymakers faced fresh market volatility and a renewed set of risks....
21:17, 05/13/2019

President Trump Wants a Weaker Dollar. But He Keeps Accidentally Pumping Up the Value President Donald Trump’s intensifying battle with China and other major trading partners is morphing into a global currency war. It will be hard for him to win both. Escalating trade tensions have supported the dollar this year. They’re now fueling a mammoth bond rally as investors seek ...
18:00, 08/08/2019

Why a Weaker Yuan Risks Inflaming the U.S.-China Trade War China’s management of its currency, the yuan, is under fresh scrutiny after recent weakening brought it back into focus in the U.S.-China trade war. The yuan slid closer to 7 to the dollar, a line it hasn’t crossed in more than 10 years, just as the two sides again ratcheted up tariffs with threats ...
17:34, 05/20/2019

Japan stocks edge up, weaker yen offsets Fed disappointment Japan's Nikkei share average recouped early losses and ended marginally higher on Thursday, supported by a weaker yen which helped offset disappointment that the U.S. Federal Reserve is not embarking on a lengthy easing cycle....
09:17, 08/01/2019

Fitbit's Versa Lite sales were 'weaker than expected' Fitbit's smartwatch-fueled recovery just hit a setback. The wearable maker reported that its smartwatch revenue dropped 27 percent year-over-year in the second quarter as a result of "weaker than expected" Versa Lite sales. While it still lost less......
03:51, 08/01/2019

UPDATE 1-Russia's Lukoil says Q1 net profit up 37% y/y, helped by weaker rouble Russia's No.2 oil producer Lukoil posted a 37 percent rise in first quarter profit to 149.2 billion roubles ($2.3 billion), as a weaker rouble and higher foreign gas output offset cheaper oil prices and weak refining margins....
15:51, 05/29/2019

Weaker-than-expected marijuana sales ding California budget LOS ANGELES (AP) — California is paying a price for the shaky rollout of its legal marijuana market. State budget documents released Thursday show the Newsom administration is sharply scaling back what it expects to collect in cannabis tax revenue through June 2020 — in all, a $223 million cut from ...
01:00, 05/10/2019

U.S. Job Growth Weaker Through March Than Earlier Reported, New Data Show The Labor Department lowered its estimate of total U.S. employment in March by 501,000, or 0.3%, as part of an annual report that uses state unemployment records to give a more precise snapshot of the job market....
03:34, 08/22/2019

UPDATE 1-Linde ups 2019 outlook despite weaker economic conditions Linde plc , world's largest industrial gases group, beat forecasts with its second-quarter results and raised its full-year outlook for the second time this year, despite challenging business conditions and economic uncertainties....
13:34, 08/05/2019

Trump says the US needs a 'fair playing field' against China's weaker currency President Donald Trump tells CNBC that China has given itself a "tremendous competitive" advantage by weakening its currency, and the playing field should be made even....
18:34, 06/10/2019

Skoda Auto's May deliveries drop 6.6% on weaker Chinese market Global deliveries for Skoda Auto, part of the Volkswagen group, dropped by 6.6% to 104,900 vehicles in May, pulled down by a weaker overall market in China, its biggest sales destination, the company said on Wednesday....
12:00, 06/12/2019

Global stocks higher, dollar weaker in wake of Fed statement Global equities advanced on Wednesday for a fourth straight day of gains after the U.S. Federal Reserve held rate steady as expected and as Apple's strong results eased concerns about earnings growth....
20:51, 05/01/2019

For Weaker Candidates, Congress Has A Strategy. Priyanka Gandhi Explains Congress's Priyanka Gandhi Vadra today said the party will cut into BJP votes in Uttar Pradesh where its candidates are not strong enough for an outright victory. The BJP would "lose badly" in the......
11:51, 05/01/2019

China car stocks tumble on weaker outlook for 2019 sales Shares in Chinese carmakers skidded lower on Friday after an industry association cut its forecast for vehicle sales this year, citing the US-China trade war and tough new emission standards....
06:00, 07/26/2019

Ford results dented by restructuring, gives weaker-than-expected forecast Ford Motor Co on Wednesday reported a lower-than-expected profit, weighed down by charges to restructure its units in Europe and South America, and the automaker gave a full-year earnings forecast that fell short of analysts' expectations....
05:51, 07/25/2019

Oil falls on weaker oil demand growth, surprise rise in US crude stocks Oil prices declined on Wednesday, weighed down by a weaker oil demand outlook and a rise in U.S. crude inventories despite growing expectations of ongoing OPEC-led supply cuts....
04:17, 06/12/2019

Snacks Drive Gains at Kellogg, Offsetting Weaker Cereal Sales Consumer appetite for snacks drove Kellogg’s results in the second quarter, helping the food maker offset weaker demand for cereals in the U.S. and Canada....
05:51, 08/02/2019

Weaker Yuan Tests China's Ability to Prevent Capital Flight China’s biggest experiment with the yuan since a botched devaluation in 2015 suggests Beijing believes it can stem a flood of money fleeing its borders....
23:34, 08/11/2019

China fixes its daily yuan midpoint at 7.0268 — weaker than expected China's official midpoint reference for the yuan was set at 7.0268 per the U.S. dollar on Thursday — stronger than Wednesday's fixing, but it was weaker than what analysts had forecast....
09:34, 08/15/2019

Snacks Bolster Kellogg, but Weaker Cereal Sales Weigh on Results Kellogg said its snack products boosted results in the second quarter, but cereal brands continued to lag. The company reported sharply lower net income....
18:51, 08/01/2019

METALS-Weaker dollar boosts copper prices to near 1-week high Copper prices rose to near their one-week highs on Wednesday as the U.S. dollar weakened on dovish comments from the Federal Reserve amid rising risks to trade and global growth....
09:51, 06/05/2019

Outokumpu warns of weaker outlook as Asian steel imports jump Finnish stainless steel manufacturer Outokumpu warned of further weakness ahead after second-quarter profit slumped by a third as cheap Asian imports hit European sales....
09:17, 08/01/2019

EMERGING MARKETS-Latam FX, stocks mostly weaker; Argentina peso jumps Most Latin American currencies weakened on Monday against a softer dollar, while the Argentine peso posted its biggest one-day gain in six months after the central bank said it would ease limits on its foreign exchange market interventions. Mexico's peso and Brazil's real both fell over 0.3%, wh...
23:34, 04/29/2019

Exxon quarterly profit to feel pinch of weaker natural gas, chemical earnings Exxon Mobil Corp said on Monday lower natural gas and chemical margins in its second quarter would offset improved crude and refining operations, pointing to flat profits sequentially and down from a year-earlier....
01:17, 07/02/2019

CEE MARKETS-Assets mostly weaker due trade tensions, forint slips on dovish c.bank Emerging European assets were mostly weaker in early trade on Wednesday due to concerns about trade tensions between the United States and China, with the Hungarian forint slipping after the central bank maintained a dovish stance. Tuesday's decision by the National Bank of Hungary (NBH) to keep...
12:00, 05/29/2019

Premier League’s chasing pack can threaten weaker members of ‘big six’ | Jonathan Wilson Everton, Leicester, West Ham and Wolves are building strong identities and deep squads, and could overhaul stragglers among the top flight’s leading half-dozen clubsWhen the Daily Mirror previewed the 1971-72 season with a weary reference to “superclubs”, seemingly the earliest use of the term in En...
20:51, 08/04/2019

UPDATE 2-Exxon quarterly profit to feel pinch of weaker natural gas, chemical earnings Exxon Mobil Corp said on Monday lower natural gas and chemical margins in its second quarter would offset improved crude and refining operations, pointing to flat profits sequentially and down from a year-earlier....
19:51, 07/01/2019

UPDATE 3-GE CEO expects weaker quarters for rest of 2019, higher China tariff costs General Electric Co Chief Executive Larry Culp said on Wednesday that the company will likely have weaker quarters for the rest of the year after a surprisingly good start in the first quarter....
20:00, 05/08/2019

Asia shares mixed as China sets the yuan midpoint slightly weaker than expected Asia Pacific stocks traded mixed on Wednesday as investors kept a close watch on the Chinese yuan amid an escalating trade dispute between the U.S. and China....
10:00, 08/07/2019

UPDATE 1-Continental Resources profit beats as higher production offsets weaker prices Top Bakken producer Continental Resources Inc beat Wall Street estimates for quarterly profit on Monday, fuelled by higher production at its oil-rich North Dakota shale field that helped more than make up for weaker crude and gas prices....
23:34, 04/29/2019

UPDATE 3-Exxon quarterly profit to feel pinch of weaker natural gas, chemical earnings Exxon Mobil Corp said on Monday lower natural gas and chemical margins in its second quarter would offset improved crude and refining operations, pointing to flat profits sequentially and down from a year-earlier....
04:34, 07/02/2019

'The longer the trade war goes on, the weaker China gets': Trump doubles down on tariff threats despite recession concerns NICOLAS ASFOURI/AFP/Getty Images President Donald Trump has appeared increasingly comfortable with prolonged trade tensions. He has maintained a defiant stance even after a key indicator warned this week that the US economy could be headed for a potential recession. If the trade war isn't defused...
21:34, 08/16/2019

Trade tensions and a weaker yuan drive Chinese crypto demand, market players say Trade tensions between the United States and China and a weakening yuan are boosting demand for cryptocurrencies among Chinese investors, market players from Asia to New York said....
19:00, 08/14/2019

EMERGING MARKETS-Latam FX broadly weaker amid thin volumes, Bovespa rises Latin American currencies broadly softened against the dollar on Monday in trade thinned by a U.S. market holiday, while a regional stocks benchmark posted its best day in nearly a week, aided by strong gains in Brazilian equities. Moves in Latin American foreign exchange markets were amplified ...
22:17, 05/27/2019

UPDATE 4-GE CEO expects weaker quarters for rest of 2019, higher China tariff costs General Electric Co Chief Executive Larry Culp said on Wednesday that the company will likely have weaker quarters for the rest of the year after a surprisingly good start in the first quarter....
00:34, 05/09/2019

GE CEO expects weaker quarters after 'good start' to year, higher China tariff costs General Electric Co Chief Executive Larry Culp said on Wednesday the company will likely have weaker quarters the rest of the year after a surprisingly good start in the first quarter....
18:34, 05/08/2019

UPDATE 2-GE CEO expects weaker quarters after 'good start' to year, higher China tariff costs General Electric Co Chief Executive Larry Culp said on Wednesday the company will likely have weaker quarters the rest of the year after a surprisingly good start in the first quarter....
18:51, 05/08/2019

Asia Pacific stocks mixed as China sets the yuan midpoint slightly weaker than expected Asia Pacific stocks traded mixed Wednesday as the People's Bank of China set its daily yuan midpoint at 6.9996 per dollar, which was slightly weaker than expected....
05:00, 08/07/2019

DOJ weighs in on FTC’s case against Qualcomm The U.S. Department of Justice weighed in Thursday in a years-long legal battle between the Federal Trade Commission and Qualcomm, warning that the outcome in the case could hurt the ability of U.S. c......
04:34, 05/03/2019

Gas Glut Weighs on Oil Giants Profit fell at Exxon, mirroring results from European counterparts, including Shell. Chevron net income rose 26%, helped by a breakup fee from a scuttled deal to buy Anadarko, but the natural-gas prices it fetches have plunged....
19:51, 08/02/2019

UniCredit profits up 25 percent, best 1Q in a decade Italy's largest bank by assets, UniCredit, posted its best quarter in a decade, with a 25% boost in first-quarter profits as the bank pushes ahead with a reorganization plan that includes deep cost-cutting....
13:51, 05/09/2019

Samsung expects another big slump in profits Samsung isn't about to leave the doldrums any time soon. The company warned that its profits were likely to slump in the second quarter, dropping about 56 percent year-over-year to roughly 6.5 trillion won (just short of $5.6 billion). That doesn't......
14:34, 07/05/2019

Group 1 F&I upgrades improve profits The retailing giant has revamped its finance and insurance operations with new technology and training to help sustain consistently high performance....
15:34, 07/08/2019

BMW Q1 profits slump on $1.6B antitrust provision BMW's first-quarter profit slumped after car sales in key markets slowed and the automaker revised a provision for a potential fine for alleged collusion to $1.6 billion....
16:17, 05/07/2019

EU weighs costs of punishing Poland The EU has given Warsaw two months to show it takes its own judicial independence seriously or risk possible funding cuts in the new EU budget. But would Brussels dare cook a goose that lays the bloc's few golden eggs? ...
12:34, 07/19/2019

Netflix weighs in on Georgia abortion law So far actors and production companies have been the most vocal about a controversial Georgia anti-abortion law, but now Netflix has entered the conversation....
23:17, 05/28/2019

Atkins weighs in after Guerrero rest day Everything seemed to be set up nicely on Victoria Day for Blue Jays fans eager to celebrate the team's star attraction on a holiday matinee against a top-flight opponent....
03:00, 05/22/2019

EQT weighs bid to derail £1.5bn Trainline float The owner of one of Britain’s biggest veterinary care groups is exploring a potential bid to derail the £1.5bn flotation of Trainline, the rail booking app....
18:51, 06/06/2019

Former US negotiator weighs in on Trump diplomacy A former U.S. ambassador to South Korea is skeptical of President Donald Trump's recent diplomatic moves, including his meeting with North Korea's Kim Jong Un at the border between North and South Korea. (July 2)        ...
15:00, 07/03/2019

SEC Weighs Whether to Regulate Facebook's Libra U.S. securities regulators are examining whether Facebook Inc.’s planned cryptocurrency should fall under their oversight, a development that could further complicate the project....
14:17, 07/13/2019

Roy Moore weighs AL Senate re-run despite GOP opposition Conservative lightning rod Roy Moore of Alabama, narrow loser of a turbulent special election for Senate in 2017, is considering a fresh run next year....
13:34, 05/17/2019

GM weighs $1B plant expansion in Missouri General Motors is considering a $1 billion investment at its Missouri assembly plant where it builds large vans and midsize pickup trucks, state officials said....
19:34, 05/03/2019

Dr Martens' profits up 70% with success of new 'vegan' range Equity investor Permira weighs up sale or flotation to realise profits on £300m investmentProfits at Dr Martens surged by 70% in the year to the end of March, boosted by the success of designs such as its “vegan” range of boots.Online sales also rose by two-thirds to £72.7m, accounting for 16% of to...
23:17, 08/12/2019

Take-Two profits soar thanks to 'GTA' and 'Red Dead' online spending Need further proof that Rockstar's online games are the cornerstone of its business these days? You just got it. Publisher Take-Two has reported that its profit jumped 39 percent year-over-year in the spring quarter to a hefty $540.5 million, and t......
03:00, 08/06/2019

Taiwan profits from America’s trade war with China President Donald Trump’s threatened 25% tariff is prompting Taiwanese companies that opened factories in China to make PCs, smartphones, and tablets for America’s tech giants to move some production back to Taiwan. They’re also looking for cheaper labour in other Asian countries and in India....
04:34, 06/01/2019

Macy’s stock surges on better-than-expected profits Macy’s topped Wall Street estimates for quarterly same-store sales and profit on Wednesday, benefiting from increased online sales and higher demand for items sold at its off-price stores. Macy’s shares, which have so far lost more than a quarter of their value this year, rose about 3% to $22.46 in ...
20:00, 05/15/2019

Macy’s shares plunge as discounts eat into profits Macy’s cut its full-year earnings forecast after missing Wall Street estimates for quarterly profit for the first time in two years, as the department store operator discounted heavily to clear spring inventory, sending its shares down 13 percent. The company said Wednesday that inventory became a c...
05:34, 08/15/2019

RBS to hand taxpayer £1bn dividend as profits surge The Royal Bank of Scotland is to hand the Government a windfall of more than £1 billion next month after its strongest financial performance since being rescued by the taxpayer at the height of the financial crisis....
12:17, 08/02/2019

RBS hands Treasury £1bn in dividends as profits surge Royal Bank of Scotland (RBS), still majority-owned by the taxpayer after its 2008 bailout, is handing the Treasury around £1bn in dividend payouts following a surge in profits....
13:51, 08/02/2019

9 research-based strategies to maximize your profits What do Alan Scott, the inventor of Botox, Snuggie-creator Scott Boilen and Alexander Graham Bell have in common? Two things: They are/were all successful businessmen They didn’t particularly care for the product they sold* There’s a persistent myth that in order to be a great salesperson, you have ...
19:00, 06/17/2019

Cost of equity is the new answer to banks' low profits Debate around the UniCredit-Commerzbank merger will centre on its impact on European banks’ share prices as Eurosceptic populism makes cost cutting more difficult....
20:51, 04/28/2019

Auto workers want bigger slice of profits Contract talks between the United Auto Workers union and Detroit’s three automakers are kicking off with the union taking a far less conciliatory stance than past years (July 15)       ...
21:17, 07/15/2019

Top Emirates airline executive resigns after dip in profits DUBAI, United Arab Emirates (AP) — The chief commercial officer at Emirates, the Middle East’s largest airline, has resigned after profits dipped to their lowest level in years. Emirates on Sunday confirmed Thierry Antinori’s resignation. It says Adnan Kazim, who currently oversees a div...
18:00, 05/12/2019

Nissan CEO expects profits to hit 'rock bottom' Nissan CEO Hiroto Saikawa’s dour outlook came as Japan’s No. 2 automaker reported a 45 percent plunge in operating profit in the fiscal year ended March 31. Net income dropped 57 percent....
17:00, 05/14/2019

UAW head wants union to share in profits of U.S. automakers The head of the labor union representing most hourly workers at the U.S. automakers struck an adversarial tone on Monday, vowing in likely contentious talks for new four-year deals that they want to share in the companies' profits....
23:17, 07/15/2019

Even Half a World Away, Trump Weighs In on Debates Spoiler alert: The president was not impressed with the Democratic candidates vying to run against him in 2020. “They definitely have plenty of candidates, that’s about it,” he said....
12:51, 06/28/2019

Will the iPhone 11 boost sales? Bloomberg weighs in Apple is widely expected to launch three new iPhones this fall, the direct successors of the iPhone XS, iPhone XS Max, and iPhone XR. These new iPhone 11 handsets will be unveiled at some point in early September, with sales likely to begin by the end of the month, as is the case with every new iPho...
09:17, 07/26/2019

Russia's MTS weighs possible impact from U.S. move against Huawei Russia's biggest mobile phone operator MTS is evaluating the possible impact of U.S. sanctions against China's Huawei Technologies Co Ltd, Chief Executive Officer Alexei Kornya said on Thursday....
15:00, 05/23/2019

San Francisco Weighs 'IPO Tax' to Spread Tech Wealth The city’s leaders are proposing to more than triple a tax on stock compensation in a bid to use revenue from a wave of public offerings by tech companies to address concerns about growing wealth disparity....
14:34, 05/10/2019

‘Miracle Man’ weighs in for Canelo Alvarez clash Tempers fray as Canelo Alvarez and Danny Jacobs take to the scales for middleweight unification in Las Vegas The post ‘Miracle Man’ weighs in for Canelo Alvarez clash appeared first on Boxing News....
02:00, 05/04/2019

Sparks fly as Co-op Energy‎ weighs sale The mutual behind the Co-op Energy‎ brand is exploring a sale of parts of its domestic power supply business as reforms to the market prompt a growing squeeze on profits....
19:34, 05/20/2019

Opec weighs up the risks if Russia goes it alone on prices Vladimir Putin may relish his place at the table in Vienna but he will be tempted to cash in on rising pricesThe Organisation of Petroleum Exporting Countries (Opec) will meet this week in Vienna under a familiar pretext: to act as stewards of oil market stability. In practice, oil ministers from th...
21:34, 06/30/2019

Oru’s new foldable kayak weighs under 20 lbs and assembles in just 2 minutes California-based kayak maker Oru has built a great brand on the strength of its origami-inspired folding kayaks, and now it’s launching its lightest and most portable model yet with a new Kickstarter project. The Oru Inlet miraculously packs up to the size of a suitcase, weights less than 20 p...
01:00, 08/15/2019

Finally a black 'Bachelor'? ABC's president weighs in ABC's "The Bachelor" and "The Bachelorette" reality shows continue to be ratings gold for the broadcast network. But critics say they don't succeed when it comes to diversity....
14:00, 08/06/2019

U.S. Congress weighs response after 2 mass shootings Democrats demanded quick approval of gun-control legislation — some of it already passed by the House — while Republicans looked elsewhere for answers, focusing on mental health and violent video games....
07:34, 08/06/2019

GOP braces for fight as Roy Moore weighs AL Senate re-run Conservative lightning rod Roy Moore of Alabama, narrow loser of a turbulent special election for Senate in 2017, is considering a fresh run next year....
10:51, 05/17/2019

San Francisco weighs 1st US city ban on e-cigarette sales SAN FRANCISCO (AP) — San Francisco supervisors are considering whether to move the city toward becoming the first in the United States to ban all sales of electronic cigarettes. It’s part of an effort to crack down on youth vaping. The supervisors will vote Tuesday on measures to ban the sale ...
07:51, 06/18/2019

U.S. Commander Weighs an Expanded Mideast Force The commander of U.S. forces in the Middle East said he may recommend a return to a larger U.S. military presence in the area after concluding that a recent build up there helped curtail Iranian threats....
06:00, 06/10/2019

New £450,000 Volvo XC90 Armoured weighs in at 4.5 tonnes Attack-ready version of flagship SUV boasts all-round ballistic protection and upgraded underpinnings Volvo has unveiled a £450,000 armoured edition of its flagship XC90 SUV for “individuals who require a heightened level of protection”.  The XC90 Armoured is visually identical to the standard Insc...
12:34, 06/26/2019

After Oil, U.S. Weighs Sanctions on Iran's Other Dollar Sources The Trump administration is considering a more aggressive enforcement of its economic sanctions on Iran—targeting more companies and financial institutions that do business with the Islamic Republic in an attempt to cut off lucrative sources of U.S. dollar-denominated hard currency, U.S. officials s...
20:00, 05/02/2019

What’s on the table as Congress weighs action on guns The latest wave of mass shootings is fueling a new push to curb gun violence — but it’s not clear what, if anything, can get passed by a divided Congress and signed into law by President Donald Trump.Here are some of the main proposals up for debate.Background checksSTATUSTrump has spoken positively...
18:57, 08/12/2019

Missing Spending Stimulus Weighs On U.S. Growth The U.S. economy was supposed to get a lift this year from higher government spending enacted in 2018, but so far much of that stimulus hasn’t shown up, puzzling economists....
00:17, 07/10/2019

Would the Big Little Lies Women Actually Go to Jail? A Lawyer Weighs In Did the women of Big Little Lies go through all that anxiety in season two for nothing? After being tormented by the mostly accidental death of Perry for all of the second season of the......
06:00, 07/24/2019

Philippines weighs re-use of controversial dengue vaccine The Philippines is considering re-introducing a dengue vaccine whose use it halted because of links to the deaths of several children, as authorities battle to contain a dengue outbreak that has killed more than 450 people this year....
15:51, 08/02/2019

OPEC weighs nine more months of oil production cuts The Organization of the Petroleum Exporting Countries, also known as OPEC, is expected to keep oil production cuts in place for another nine months in an effort to balance the market with demand and keep prices on the high side....
21:51, 07/01/2019

Apple Reports Declining Profits and Slowing Growth, Again The Silicon Valley behemoth said that its revenue rose slightly in the most recent quarter, but profits still fell as iPhone sales continued to decline....
23:51, 07/30/2019

Australian shoppers are spending less – and Qantas and Coles see their profits dip Consumer demand weakens in face of stagnant wage growth and economic uncertaintyAustralian shoppers have become increasingly careful in their spending habits as a slew of consumer-facing companies reported tougher conditions and a closely watched survey showed the entire service sector shrank in Jul...
14:00, 08/22/2019

Firms must document climate impact on profits, Treasury says Companies will be asked to reveal how extreme weather could jeopardise financesBritain’s leading companies, investment funds and pension schemes must show by 2022 how the climate emergency could jeopardise their finances, under government plans to boost the UK’s green credentials.Firms must document...
09:34, 07/02/2019

Grubhub’s profits plunge 96% as it grapples with fake-fee outcry Grubhub scrambled to fend off allegations that it’s been charging bogus fees to restaurants and setting up fake Web sites to take orders, even as it reported a 96-percent profit plunge. On a Tuesday conference call with analysts, Chief Executive Matt Maloney pushed back on criticism of Grubhub’s tre...
03:51, 07/31/2019

Most health care industry profits go to drug companies Big Pharma eats up a lion’s share of health care industry profits, according to new first-quarter financial reports — and its dominance has implications for Americans struggling to pay for prescription drugs. More than half of total industry profits during that period went to the top 10 companies on...
00:17, 05/14/2019

Congress to question TransDigm over defense profits exceeding 1,000% Executives for TransDigm Group Inc will testify before a Congressional committee on Wednesday after a Pentagon-endorsed investigation found the aircraft parts supplier made profits exceeding 1,000% on some spare parts and equipment....
22:00, 05/15/2019

Brexit and subsidy row cloud strong Airbus profits Airbus urged European governments to step up plans for a "likely" no-deal Brexit and settle a long-running subsidy dispute with the United States to help limit trade risks for Europe's largest planemaker....
16:17, 07/31/2019

Amazon's push for one-day delivery dents profits, costs up 21% Amazon.com Inc on Thursday reported its first profit miss in two years and said income would slump in the current quarter, as the online retailer ramps up spending to deliver goods faster and spark sales growth....
23:34, 07/25/2019

Trade War to Hurt Corporate Profits, Growth and Consumers The escalating trade war between the world's two largest economies would raise US consumer prices and cut corporate profits, while slowing growth in China....
08:00, 08/09/2019

WestJet profits up despite lingering concerns over 737 Max grounding and Swoop WestJet Airlines Ltd. topped expectations in its latest quarter, but chief executive Ed Sims said Tuesday the airline continues to face challenges from the grounding of its Boeing 737 Max aircraft and lagging demand at its discount subsidiary....
05:17, 05/08/2019

Macy's tumbles as tourism slump hurts profits Shares in US department store chain Macy's have plunged after a decline in tourist shoppers helped dent sales and profits while it also grapples with the prospect of new tariffs on Chinese goods....
22:34, 08/14/2019

Tesla proved it can hit production targets. Now investors want to see profits The company's second-quarter production and delivery numbers, released late Tuesday, eased investors' concerns about demand for its electric cars and SUVs with the company delivering a record 95,200 vehicles in the last quarter....
20:00, 07/03/2019

Samsung, Stung by Trade War, Expects a Big Plunge in Profits The technology giant predicted a 56 percent drop in quarterly operating profit, as the trade war between the United States and China caused havoc in the computer chip and smartphone markets....
21:34, 07/05/2019

Google Posts Strong Profits as Hazards Mount Google became the latest technology titan to shake off new threats, posting strong earnings as an impending antitrust investigation threatens to choke the search giant’s online-advertising spigot....
12:34, 07/26/2019

Cargill's profits in Brazil grow 15 pct to 680 million reais Grains trader Cargill Inc grew its profits in Brazil by 14.6 percent to 680 million reais ($173 million) in 2018, the company said on Monday, as it prepares to invest 500 million reais in the country throughout 2019....
15:34, 04/29/2019

Philly bar seeks profits from 'Play Gloria' merch A South Philadelphia bar claiming that it helped create and foster the Blues' "Play Gloria" rallying cry has filed a trademark for use of the phrase on an assortment of items....
03:51, 07/13/2019

Volkswagen increases profits, sales in shrinking markets Volkswagen says after-tax profit rose by 24 percent in the second quarter as the company managed to increase its share in contracting markets and as more-profitable vehicles took a bigger role in the sales mix...
09:34, 07/25/2019

FedEx Profits Pressured by Express Unit's Woes FedEx said profits were squeezed in its most recent quarter as a global slowdown in trade and a shift by customers to slower and cheaper delivery options continued to weigh on the shipping giant’s core Express business....
08:17, 06/26/2019

Continental delays powertrain IPO to 2020 as profits drop 17% Continental will push back the spinoff of its powertrain division until next year after the supplier reported a 17 percent drop in first-quarter operating profit, hit by a downturn in car demand and higher investments....
22:34, 04/28/2019

Samsung Q1 profits plummet from lowered chip demand Samsung has posted operating profits of 6.23 trillion won for the first quarter of 2019, its lowest since the 2016 Galaxy Note 7 recall, with the company attributing the decline to lowered demand for memory chips....
06:17, 04/30/2019

Apparel Companies Fear Tariffs Could Squash Profits Apparel companies in the U.S. are bracing for squeezed profits and potential store closures as a result of the Trump administration’s pledge to extend tariffs on Chinese imports....
22:00, 08/20/2019

Record-high used sales drive Q2 profits at Sonic Net income from continuing operations jumped 57 percent to $26.8 million for the nation's fifth-largest U.S. dealership group, while revenue rose 4.3 percent to $2.6 billion....
20:17, 07/25/2019

KPN core profits gain despite network outage, CEO exit KPN reported a 3.6% gain in core profits for the second quarter, despite suffering a major network outage that coincided with news that CEO Executive Maximo Ibarra would be leaving the Dutch telecoms firm in September....
10:00, 07/24/2019

Germany's Lufthansa airline slumps after weak profits German airline Lufthansa has reported sliding profits in the second quarter. Stiff competition from budget European carriers and rising operating costs are eating into the company's earnings....
06:51, 07/31/2019

Deere Says Trouble on the Farm Will Drag on Profits, Sales Deere & Co. lowered its profit and sales forecasts to reflect slackening demand for its tractors and planters, as trade disputes and bad weather weigh on U.S. farm incomes....
23:00, 05/17/2019

UPDATE 1-GE's Baker Hughes profits from foreign focus Oilfield services company Baker Hughes on Tuesday reported a quarterly profit that topped analysts' average estimate as demand for the company's services from its international customers rose....
13:51, 04/30/2019

Maserati won't see profits until after product offensive starts in 2020 FCA CEO Mike Manley called Maserati's sales volume "disappointing" and said the third and fourth quarters also will be difficult for the brand before business improves next year....
19:34, 08/06/2019

Crest Nicholson profits down as build inflation bites Crest Nicholson has reported an 11% drop in pre-tax profits to £64.4m for the six months to April 30 as the housebuilder came faced stagnant prices and rising build costs....
14:34, 06/11/2019

Volvo will cut costs by $214M as trade war dents profits Volvo said the new cost measures will start in the second half and run to the first half of 2020. Part of China's Geely, Volvo has reworked its production plans and cut jobs to reduce the impact of tariffs....
17:51, 07/18/2019

Volvo Cars to cut costs as trade war dents profits Volvo plans to cut fixed costs by 2 billion Swedish crowns ($214 million), it said on Thursday, becoming the latest carmaker to warn that pricing pressure and tariffs arising from the China-U.S. trade war were denting profitability....
18:00, 07/18/2019

Asian stocks off four-month lows, but Huawei row weighs Asian shares won some respite on Tuesday after Washington temporarily eased trade restrictions imposed last week on China's Huawei, although fears of a further escalation in tensions kept investors on edge....
09:00, 05/21/2019

Trump weighs ousting Commerce Secretary Ross: NBC U.S. President Donald Trump has told aides and allies that he is considering removing Commerce Secretary Wilbur Ross after a Supreme Court defeat on adding a citizenship question to the census, NBC News reported (https://nbcnews.to/2XPQJ4B) on Monday....
15:34, 07/15/2019

Trade-sensitive stocks on ropes as uncertainty weighs A week of worsening fears on Wall Street leading up to Washington's increase on tariffs on Chinese goods has taken a toll on stocks that rely heavily on global trade....
14:00, 05/11/2019

Oil little changed as U.S.-Iran dispute supports, trade war weighs Oil futures were steady on Tuesday as the prospect of mounting U.S.-Iran tensions disrupting supply was offset by concerns that a lengthy trade war between Washington and Beijing would limit crude demand....
04:00, 05/22/2019

Billy Joe Saunders weighs in for his bid to become two-weight world champion Billy Joe Saunders looks in good condition as he makes weight for his first super-middleweight world title fight The post Billy Joe Saunders weighs in for his bid to become two-weight world champion appeared first on Boxing News....
17:51, 05/17/2019

MMA legend Randy Couture weighs in on Bieber vs. Cruise UFC Hall of Famer Randy Couture stopped by the USA TODAY studios to give his opinion on a potential fight between Tom Cruise and Justin Bieber. He also speaks about his acting career and his role with the Professional Fighting League.       ...
18:00, 07/10/2019

Maximum Security owner weighs options after disqualification Maximum Security co-owner weighs options, including possible appeal, after colt's disqualification from Kentucky Derby; Trump tweets that best horse did not win        ...
18:51, 05/05/2019

Airbnb CEO weighs in on the hotel push and plans to go public Airbnb CEO and co-founder Brian Chesky and RXR Realty CEO Scott Rechler join "Squawk Alley" to discuss the two companies partnering to change hotel properties in New York City into apartment-style suites....
02:17, 04/30/2019

UniQure NV weighs options including sale -Bloomberg Gene therapy company UniQure NV is exploring options including a sale amid interest from other pharmaceutical companies looking to expand in gene therapy, Bloomberg reported on Sunday citing people with knowledge of the matter....
19:17, 06/16/2019

Market weighs risk of negative U.S. Treasury yields Traders and analysts are considering whether U.S. bond yields would fall below zero as a record amount around the world sank into negative territory this week....
07:51, 08/10/2019

Mueller says he could not charge Trump as Congress weighs impeachment U.S. Special Counsel Robert Mueller said on Wednesday his probe into Russian interference in the 2016 election was never going to end with criminal charges against President Donald Trump but he did not clear him and indicated it was up to Congress to decide whether he should be impeached....
02:00, 05/30/2019

Antifa and Far-Right Groups Face Off in Portland as Trump Weighs In Conservative groups are urging the United States to label Antifa a domestic terrorist group. President Trump said the city was “being watched very closely.”...
04:51, 08/19/2019

Jim Cramer weighs in on whistleblower allegations against General Electric Shares of General Electric fell in the pre-market Thursday after Madoff whistleblower Harry Markopolos released a report alleging that GE has masked the depths of its financial problems, resulting in inaccurate and what he's calling fraudulent financial filings with regulators. GE responded by ...
21:34, 08/15/2019

Trump Weighs Action on Gun Control. But It’s Still a Theoretical Discussion. The president is facing pushback from gun rights advocates and some of his advisers. But he could follow his pattern of abruptly dropping the idea of doing something after talking about it for weeks....
07:00, 08/15/2019

General Electric analyst weighs in on the fraud allegations Shares of GE suffered its biggest decline since 2009 on Thursday after it was accused of accounting fraud. Bernie Madoff whistleblower Harry Markopolos told CNBC has a $38 billion problem. GE CEO Lawrence Culp issued a response to the claims saying, "GE will always take an allegation of financial mi...
17:34, 08/16/2019

Nicole Kidman Weighs in on Possible Big Little Lies Season 3 Renewal Big Little Lies fans are itching for a third season of the Emmy-winning HBO show, but there is a tall order involved for a renewal to happen. Cast member Nicole Kidman weighed in on the......
02:17, 07/22/2019

Courtney Robertson Weighs In on Hannah Brown Having Sex on The Bachelorette Courtney Robertson has a few thoughts on Hannah Brown's season of The Bachelorette. The season 16 star called into The Ben & Ashley I Almost Famous podcast on Wednesday and......
20:34, 07/17/2019

"Might Be On Wine...": Trump Weighs Retaliation To France's Digital Tax US President Donald Trump vowed "substantial" retaliation against France on Friday for a tax targeting US tech giants, threatening to slap tariffs on French wine and blasting President Emmanuel......
13:17, 07/27/2019

TUI losses widen to £261m as Brexit weighs on demand Travel operator TUI has reported widening half-year losses and a fall in summer bookings as it counts the cost of weak consumer confidence and Brexit uncertainty....
13:00, 05/15/2019

Horse racing weighs changes to compete with sports gambling Horse racing is considering adding fixed-odds wagering and other changes to offset legalized sports gambling in the US, which threatens the industry's very existence        ...
15:00, 05/01/2019

Oil oversupply weighs on prices in worst week of 2019 Barbara Doran of BD8 Capital Partners and CNBC's Hadley Gamble join "Closing Bell" to discuss the state of the oil market following its worst week of the year....
00:00, 05/25/2019

Karen Millen's Icelandic owner weighs sale The owner of Karen Millen, one of the high street's best-known fashion chains, is to explore a sale after receiving ‎a string of takeover approaches....
18:00, 06/01/2019

Mexico weighs retaliatory tariff against U.S. over border slowdowns Mexico is considering a retaliatory tariff against the United States over delays at the border that it is blaming on the reassignment of agents from customs inspections to dealing with the dramatic rise in migrants seeking political asylum....
20:51, 04/30/2019

BNP Paribas' second-quarter profits buoyed by corporate and investment banking arm BNP Paribas on Wednesday reported a net income of 2.47 billion euros ($2.76 billion) for the second quarter of the year, beating the 2.18 billion euros expected by analysts polled by Reuters....
16:17, 07/31/2019

Ford cutting 7,000 white-collar jobs despite healthy profits Ford is cutting about 7,000 white-collar jobs, which would make up 10 percent of its global workforce. The company has said it was undertaking a major restructuring, and on Monday said that it will have trimmed thousands of jobs by August. The company said that the plan will save about $600 million ...
22:00, 05/20/2019

Fashion house Chanel parades its independence as profits rise Luxury fashion group Chanel, whose star designer Karl Lagerfeld passed away in February, on Monday reaffirmed commitment to its independence after reporting higher annual sales and profits....
20:17, 06/17/2019

Air Italy expects profits 'very soon' despite pilots idled by Boeing crisis An Air Italy executive has joined a chorus of global airlines hurt by grounded Boeing 737 MAX jets but expects the airline to be profitable "very soon" and carrying five times as many passengers by 2022....
00:00, 05/09/2019

Grubhub’s profits plunge 96 percent as it grapples with fake-fee outcry Grubhub scrambled to fend off allegations that it has been charging bogus fees to restaurants and setting up fake websites to take orders, even as it reported a 96 percent profit plunge. Shares of the Chicago-based food-ordering company — which also owns Seamless — were off more than 12 percent at $...
18:51, 07/30/2019

Samsung to fight falling profits with midrange phones, 'mainstream' 8K As Samsung expected, its Q2 profit is off from last year's by about 56 percent. An operating profit of $5.6 billion (6.6 trillion Korean won) is no small figure, but obviously not up to par for the electronics giant, and follow a similar result in Q1......
12:17, 07/31/2019

‘Car Wars' study finds ongoing CUV push will squeeze profits Product saturation within automakers' current and future crossover offerings is leading to increased competition and profitability levels at or below those of sedans, while also leaving dealers short of entry-level new vehicles to sell, according to the annual "Cars Wars" study....
13:34, 06/13/2019

Thomas Cook slumps 17% as it says challenging summer will hinder profits Travel group Thomas Cook said economic and political uncertainty would affect profits this summer after it reported higher first-half losses on Thursday....
09:34, 05/16/2019

Nissan has hit 'rock bottom' as profits slump, says car maker's boss Nissan boss Hiroto Saikawa says the car maker has hit "rock bottom" as it reported a sharp fall in annual profits and continued to grapple with the fall-out from the arrest of former chairman Carlos Ghosn....
16:51, 05/14/2019

Geek Squad, online shopping lift Best Buy’s second-quarter profits Best Buy forecast second-quarter sales and profit above estimates on Thursday, as more people signed up for the consumer electronics retailer’s subscription-based tech support services and shopped on its website and app. The company reported a better-than-expected profit in the first quarter, but di...
18:34, 05/23/2019

UPDATE 6-Amazon's push for one-day delivery dents profits, costs up 21% Amazon.com Inc on Thursday reported its first profit miss in two years and said income would slump in the current quarter, as the online retailer ramps up spending on one-day delivery to spark sales growth....
04:00, 07/26/2019

Even the Galaxy S10 couldn’t save Samsung from a 60% drop in profits last quarter When Samsung issued its guidance earlier this month, it predicted a decline in operating income by a whopping 60 percent, the company’s biggest decline since a similar drop in the third quarter of 2014. Now that the Q1 2019 earnings are out, the financials aren’t looking all that rosy. Citing declin...
09:17, 04/30/2019

Ryanair blames string of woes as first quarter profits sink 21% Ryanair has warned investors there is no end on the horizon to the string of challenges facing the company, with "weak fares" continuing to hit profitability....
12:17, 07/29/2019

The Gates Foundation Is Filling Its Coffers With Profits From Private Prisons For soulless ghouls who view the bottom line as superior to basic human rights, for-profit prisons are an apt investment, one that the investment arm of the Bill and Melinda Gates Foundation just increased its stake in.Read more......
22:51, 07/23/2019

2020 Dems use debate to launch broadsides against corporations, profits Self-proclaimed democratic socialist Sen. Bernie Sanders, I-Vt., made a name for himself in 2016 by demonizing wealth and corporations, and now several of his Democratic rivals are taking his cue -- launching their own attacks against big business and targeting the "1 percent." ...
19:00, 06/27/2019

Alphabet: Google parent's profits hit $9bn amid increased scrutiny Company’s earnings rebound even as justice department announces antitrust review of major tech firmsGoogle’s parent company Alphabet rebounded from a difficult start to the year on Thursday, when it reported higher than expected revenue and earnings.The digital advertising behemoth continues to amas...
22:51, 07/25/2019

Goldman Sachs profits see boost from equity training and lending Goldman Sachs reported a better-than-expected quarterly profit on Tuesday as the Wall Street investment bank benefited from higher equity trading and an increase in lending to its wealthy clients and companies. The bank, like its rivals, is facing several challenges in growing its revenue in the fac...
17:00, 07/16/2019

China could hurt Apple profits by 29% if it avenged the Huawei ban, says analyst Trump’s Huawei ban was bad news for China, as it effectively crippled the world’s second-largest smartphone maker from its largest source of income. But China is also very much in a position to retaliate, and Apple – the world’s third-largest smartphone maker – could be among the ones to suffer. Gol...
02:17, 05/24/2019

Carrefour first-half profits rise, says strategic overhaul on track French supermarket retailer Carrefour on Thursday reported higher first-half profits and said it was on track with a strategic overhaul aimed at boosting earnings and tackling competition from the likes of Amazon....
19:17, 07/25/2019

FCA sees U.S. pickup trucks hauling profits in rest of 2019 Fiat Chrysler Automobiles NV (FCA) said on Friday that new U.S. pickup truck models would help the automaker achieve its 2019 profit targets and offset a weak performance in the first quarter....
17:34, 05/03/2019

You Can Donate Your Airbnb Profits to Help Displaced People Find Housing Airbnb hosts who want to give back can now donate a portion—or all—of their profits to help people affected by disasters, conflict or critical illness....
23:51, 05/02/2019

UPDATE 5-Amazon's push for one-day delivery dents profits, costs up 21% Amazon.com Inc on Thursday reported its first profit miss in two years and said income would slump in the current quarter, as the online retailer ramps up spending on one-day delivery to spark sales growth....
01:17, 07/26/2019

UPDATE 1-Mexico's Banorte profits boosted by government lending Mexico's Grupo Financiero Banorte, which owns the country's second-largest bank and largest pension fund, reported on Thursday a 21% increase in second-quarter net profit versus the same quarter a year earlier....
01:17, 07/26/2019

RBS shares slide as it warns Brexit uncertainty will likely hurt profits The Royal Bank of Scotland reported a net profit of £707 million ($912.2 million) for its first quarter on Friday, down 11% from £792 million over the same period last year....
18:34, 04/28/2019

Trump Weighs New Stance on Guns as Pressure Mounts After Shootings The president is consulting allies about supporting expanded background checks. Mitch McConnell said the idea would be “front and center” when the Senate reconvenes....
09:00, 08/09/2019

As Fiat Chrysler Pursues Renault Tie-Up, Nissan Weighs Stakes A proposed merger between Renault and Fiat Chrysler poses risks for Japan’s Nissan: It could lose influence in or even be spat out of its two-decade alliance with Renault....
18:51, 05/28/2019

Manny Pacquiao weighs NBA ownership when boxing career ends Manny Pacquiao is considering buying an NBA team when his boxing career is over, the welterweight champion said in a new interview. Pacquiao — who is among the top 100 highest-paid athletes in the world — is “thinking about” investing in a basketball team, he said, noting he has the righ...
15:51, 07/20/2019

Jury weighs discrimination case of renowned California chef SAN FRANCISCO (AP) — A three-week pregnancy discrimination trial against celebrity chef Thomas Keller and his acclaimed New York and Napa Valley restaurants is coming to a close. The San Francisco Chronicle reports that lawyers finished closing arguments Monday in Napa County Superio...
02:34, 06/26/2019

Congress Weighs Whether to Allow Guantánamo Prisoners to Travel to the U.S. for Medical Care The Pentagon has been putting a new focus on the health care needs of aging detainees, but there is still considerable political opposition to allowing them on American soil....
19:00, 06/01/2019

Spain's Sanchez weighs options after election win, outlook murky Spain's ruling Socialists were weighing options for forming a new government on Monday after they won a national election but fell short of a majority in a deeply fragmented parliament that could spell prolonged political uncertainty....
16:17, 04/29/2019

Jury weighs fate of Illinois man in slaying of student from China A U.S. court jury on Wednesday began deliberating whether life in prison or the death penalty should be imposed on an Illinois man convicted of the abduction and decapitation murder of a Chinese graduate student two years ago....
03:00, 07/18/2019

Bridgewater Co-CEO Weighs Leaving World's Largest Hedge Fund Bridgewater co-CEO Eileen Murray has held repeated conversations, including with representatives of Wells Fargo, about leaving the world’s largest hedge fund....
02:17, 05/07/2019

Oil edges up as recession fears ease but OPEC outlook weighs Crude oil prices rose on Friday, recovering from two days of declines, after data showing a rise in U.S. retail sales helped to ease recession concerns, although a bearish outlook from OPEC capped gains....
16:34, 08/16/2019

U.S. Weighs Letting Companies Seek New Penalties Over Currency Manipulation U.S. companies would be able to seek penalties against foreign competitors they say benefit from artificially weak currencies, under a new rule proposed by the Trump administration....
00:00, 05/25/2019

Portland Protests: Far-Right Groups and Antifa Face Off as Trump Weighs In Conservative groups are urging the United States to label Antifa a domestic terrorist group. President Trump said the city was “being watched very closely.”...
03:51, 08/18/2019

Dow slides more than 300 points as global trade war weighs on Wall Street U.S. stocks fell broadly Wednesday on Wall Street as investors shifted more money into the safety of bonds. The Dow was down more than 300 points        ...
18:51, 05/29/2019

Daimler profit warning weighs on European shares, eyes on G20 A profit warning from Mercedes-Benz maker Daimler dampened European stock markets early on Monday, as investors looked for direction to a keenly awaited G20 summit this week that brings U.S. and Chinese leaders together after a long lull in talks....
10:17, 06/24/2019

Oil flat as U.S.-Iran tensions support prices, trade war weighs Oil futures held steady on Tuesday, supported by U.S.-Iran tensions and expectations of ongoing OPEC supply cuts but under pressure from concerns about a drawn-out trade war between Washington and Beijing....
19:51, 05/21/2019

Dante de Blasio weighs his future in politics after Yale graduation Recent Yale University graduate Dante de Blasio, 21, said in a radio interview Wednesday that he’s interested in a job in politics and supports his mayor dad Bill de Blasio’s presidential bid — but didn’t promise to join the fledgling campaign. “I mean maybe. We’ve talked a b...
20:51, 05/22/2019

NATO weighs options to deter new Russian missile threat NATO defense ministers considered on Wednesday how to deter Russia from launching a missile attack at short notice on Europe if a landmark treaty against land-based nuclear warheads collapses next month....
22:00, 06/26/2019

Lurching left in toss-up Wisconsin, a Democrat weighs her choices Kim Mahoney listened from her reclining living room couch as Democratic presidential candidates debated economic, trade and environmental policies this week, needing only to look to her backyard to see how lofty political pledges can really play out....
06:17, 08/02/2019

White House weighs legislation to ban one of the best features of WhatsApp and Telegram After badmouthing Apple over the last few years and throwing a scare into Huawei (a nightmare that is not yet over), the Trump administration's next target could be the use of end-to-end-encryption in the U.S. Used on apps like Telegram and WhatsApp, end-to-end encryption means that messages sent fr...
03:00, 07/01/2019

Elon Musk weighs in on porn filmed in Tesla on autopilot A Los Angeles adult film performer and her boyfriend found a perhaps predictable way to use their time while riding in a Tesla on autopilot mode last week — and their online post drew the attention of Tesla CEO Elon Musk. The couple was on a road trip when they talked about having sex while......
17:34, 05/10/2019

Trump weighs labeling Muslim Brotherhood a terrorist group President Donald Trump is working to designate the Muslim Brotherhood a foreign terrorist organization (FTO), the White House said on Tuesday, which would bring sanctions against Egypt's oldest Islamist movement....
23:51, 04/30/2019

Iraq weighs captives' rights against fear of new Islamic State Iraqi farmer Shaker Salih says he feared Islamic State, but feared its defeat even more. His problem is persuading people to believe that he did not support the jihadists....
12:51, 05/23/2019

House panel weighs Mueller testimony delay to July 24 The Democratic-led U.S. House Judiciary Committee is considering a one-week delay in former U.S. Special Counsel Robert Mueller's congressional testimony to allow more time for lawmakers to ask questions, according to two sources knowledgeable about the matter....
18:34, 07/12/2019

Obamacare's future in play as U.S. appeals court weighs its constitutionality The future of Obamacare could be at stake on Tuesday when a group of Democratic-led states and the House of Representatives urge a federal appeals court to overturn a Texas judge's ruling that the U.S. healthcare reform law is unconstitutional....
21:00, 07/09/2019

Mark Sanford, Once Targeted by Trump, Weighs Primary Challenge Against Him Mr. Sanford, the former congressman and governor from South Carolina who infamously lied about hiking the Appalachian Trail, is considering taking on the president....
22:34, 07/16/2019

Judge weighs request to dismiss lawsuits over church attack SAN ANTONIO (AP) — A federal judge says he’ll rule soon on whether to dismiss claims filed in several lawsuits against the U.S. Air Force in connection with a 2017 massacre at a Texas church that killed more than two dozen people. Relatives of those killed or injured at the First Baptist Churc...
15:51, 05/15/2019

Judge weighs court’s role in dispute over border wall WASHINGTON (AP) — A federal judge is weighing whether courts should intervene in a political dispute between Congress and President Donald Trump over funding the border wall. Judge Trevor McFadden on Thursday questioned attorneys for the House of Representatives, which brought the lawsuit last month...
20:51, 05/23/2019

Read this: A former Manson family member weighs in on Once Upon A Time… In Hollywood A significant portion of the new Quentin Tarantino film Once Upon A Time… In Hollywood deals with the Manson family. At one point, stuntman Cliff Booth gives a member of the family a ride home to the Spahn ranch, where he meets other Manson family members like Squeaky Fromme (Dakota Fanning), Gypsy ...
10:00, 08/16/2019

Chuck Schumer weighs in on Dominican Republic deaths, says ATF should also investigate The Senate Minority Leader, Chuck Schumer, D-NY., says the U.S. government needs additional support from the Bureau of Alcohol,Tobacco, Firearms and Explosives (ATF) to determine what caused the deaths of over 10 Americans who vacationed to the Dominican Republic since June 2018....
18:00, 06/30/2019

Wall Street opens mixed; Alphabet weighs on S&P 500, Nasdaq U.S. stocks opened mixed on Tuesday, as investors parsed a barrage of earnings reports, while a slump in shares of Google-parent Alphabet weighed on the S&P 500 and Nasdaq....
15:51, 04/30/2019

UPDATE 2-NYSE-owner ICE cool with crypto "winter" as profits climb The collapse in value of cryptocurrencies came at on opportune time for Intercontinental Exchange Inc , allowing the exchange operator to buy assets at a discount for its long-awaited crypto-trading platform affiliate Bakkt, the head of the company said on Thursday....
18:34, 05/02/2019

Investors book profits from U.S.-based equity funds ahead of Fed meeting U.S.-based equity funds posted more than $8.4 billion of cash withdrawals in the week ended Wednesday, following two weeks of inflows, according to Refinitiv's Lipper....
01:17, 07/26/2019

News Corp posts surprise profit as HarperCollins profits grow Wall Street Journal-owner News Corp reported a surprise quarterly profit on Thursday, driven by strong growth in earnings at its book publishing and subscription video services units....
00:00, 05/10/2019

Ford to shed 12,000 jobs in Europe as part of restructuring to improve profits FRANKFURT, Germany (AP) — Ford to shed 12,000 jobs in Europe as part of restructuring to improve profits....
16:00, 06/27/2019

Metro Bank shares plunge after half-year profits slump 84% Shares in embattled lender Metro Bank have slumped after it reported an 84% plunge in profits during a torrid first half which saw customers withdraw £2bn....
12:17, 07/25/2019

Lawmaker accuses doctor of backing vaccine ‘mandates’ to boost profits A Texas lawmaker and a pro-vaccine doctor got into a Twitter spat on Tuesday when the Republican representative accused the pediatrician of peddling “sorcery” and accused those defending science of being “typical leftist(s) trying to take credit for something only The Lord God Almighty is in c...
23:17, 05/08/2019

Samsung faces 60 percent drop in profits, still plans foldable phones A few weeks ago, Samsung warned investors that its Q1 profit would drop about 60 percent from the same period in 2018. Now the detailed report has arrived, confirming that projection with an operating profit of $5.4 billion that reflected a 23 percen......
05:51, 04/30/2019

Actually Ford Needs More Layoffs Despite Surging Truck Profits, Wall Street Analyst Says A Wall Street analyst says Ford needs more cuts despite making billions off F-Series truck sales, Daimler’s Zetsche says auf wiedersehen, and Michigan gives a big tax break to Jeep for its Detroit plant and more for The Morning Shift of Wednesday, May 22, 2019....
02:00, 05/23/2019

UPDATE 1-Retailer Carrefour says strategic overhaul on track as H1 profits rise French supermarket retailer Carrefour reported higher first-half profits and said it was on track with a strategic overhaul aimed at boosting earnings and tackling competition from the likes of Amazon ....
19:17, 07/25/2019

French bank Credit Agricole targets net profits of 5 bln euros in 2022 French bank Credit Agricole unveiled a new set of higher profit targets for 2022 after it had met its 2019 targets a year ahead of schedule, and said it now expected annual net profits above 5 billion euros ($5.6 billion) in 2022....
08:00, 06/06/2019

TurboTax Found a Depraved Way to Bump Profits After Tax Filing Process Was Simplified In the aftermath of Trump’s major changes to the tax code, some of TurboTax’s customers no longer had to pay for many of its services, instead finding that the company’s free product would suffice. To offset this loss, the online tax service made changes that reportedly had an adverse impact on elde...
23:17, 07/16/2019

AB InBev profits as beer sales growth hits five-year high Anheuser-Busch InBev , the world's largest brewer, beat earnings expectations after beer sales grew at their fastest pace in over five years, helped by increases in Latin America, Europe and Africa and a later Easter....
12:34, 07/25/2019

After a great start to earnings season, overall profits are no longer expected to decline Corporate earnings forecasts for the second quarter were lowered so much that companies are easily beating them, and expectations for negative profit growth are expected to turn positive....
19:34, 07/17/2019

Mia Khalifa is among the world’s most-watched women. Yet the porn industry is keeping the profits. The adult film industry created an endless loop of content from popular stars, even as they are often shut out of a cut or trying to outrun their former lives....
20:00, 08/16/2019

Kohl's second-quarter profits beat expectations, but sales miss the mark Kohl's said Tuesday that a strong start to the back-to-school season and new partnership with Amazon helped the retailer beat Wall Street earnings expectations during the second quarter....
14:34, 08/20/2019

Metro Bank shares tumble after weak Q1 profits, deposit outflows Shares in Britain's Metro Bank fell by a fifth on Thursday morning, a day after it said its first quarter profits had halved and some depositors had withdrawn funds following a major accounting error disclosed in January....
09:51, 05/02/2019

UPDATE 2-Chilean miner SQM profits plunge alongside lithium price SQM, the world's No. 2 producer of lithium, saw its profits plunge along with lithium prices in the second quarter, even as the Chile-based miner said it had sold more of the ultralight battery metal....
21:34, 08/22/2019

‘Car Wars' study finds concentration of coming CUVs will squeeze profits Product saturation within automakers' current and future crossover offerings is leading to increased competition and profitability levels at or below those of sedans, while also leaving dealers short of entry-level new vehicles to sell, according to Bank of America Merrill Lynch's annual "Cars Wars"...
21:00, 06/12/2019

Danske Bank cuts outlook as money laundering scandal weighs Danske Bank lowered its outlook for 2019 after a disappointing first quarter, due in part to the effects of a massive money laundering scandal at its Estonian branch that has sent ripples across the Nordic banking sector....
12:00, 04/30/2019

Mitsubishi weighs new Canadian engineering design center in Montreal: source Mitsubishi Heavy Industries Ltd, is weighing the creation of a new engineering design center in Montreal, a source familiar with the matter told Reuters, in a move fueled by the company's planned acquisition of Bombardier's CRJ regional jet business....
23:00, 06/27/2019

Retired Justice John Paul Stevens weighs in on Supreme Court While talking about his new autobiography Tuesday, former U.S. Supreme Court Justice John Paul Stevens spoke about the justices now sitting on the high court and proposals to add more....
23:17, 05/14/2019

Alabama Republican Roy Moore weighs 2020 Senate bid despite party opposition Alabama Republican Roy Moore, whose 2017 U.S. Senate bid was derailed by allegations of decades-old sexual misconduct involving teenage girls, is expected to announce on Thursday whether he will run again for the seat next year....
18:51, 06/20/2019

UPDATE 2-CN Rail profit misses as harsh weather weighs on expenses Canadian National Railway Co on Monday became the latest railroad operator to blame higher operating expenses due to prolonged extreme cold weather for a lower-than-expected quarterly profit....
03:17, 04/30/2019

Trump Administration Weighs Allowing Drug Imports for Cheaper Prescriptions The proposal was announced between two Democratic debates, seemingly timed to show that President Trump was also trying to tackle the highly populist issue of soaring drug prices....
01:51, 08/01/2019

Judge weighs fate of Missouri's only abortion clinic after court hearing A St. Louis judge said on Tuesday he will work quickly to decide whether Missouri's only abortion clinic can remain open after a hearing on a lawsuit aimed at forcing state health officials to renew the facility's license to perform the procedure....
23:17, 06/04/2019

House Democrat weighs subpoena or court case for Trump's taxes U.S. House tax committee Chairman Richard Neal said on Thursday that he will decide by the end of the week whether to subpoena President Donald Trump's tax returns or go to court to obtain the documents, which the administration refuses to hand over....
21:17, 05/09/2019

Spain's PM Pedro Sanchez Weighs Options After Election Win, Outlook Murky Spain's ruling Socialists were weighing options for forming a new government on Monday after they won a national election but fell short of a majority in a deeply fragmented parliament that could......
04:17, 04/30/2019

Labour weighs up delisting UK firms if they fail to fight climate change John McDonnell’s tough message likely to trip City alarm bells as party puts climate battle at heart of agendaUK companies failing to tackle climate change would be delisted from the London Stock Exchange under radical plans for greening the economy being drawn up by Labour.John McDonnell, the shado...
18:17, 05/10/2019

Miami Dolphins' Kenny Stills weighs in on Jay-Z's NFL partnership: could have been handled 'in better fashion' Miami Dolphins wide receiver Kenny Stills said Monday he was willing to take a wait-and-see approach with Jay-Z’s partnership with the NFL but admitted the deal didn’t sit right with him....
21:00, 08/20/2019

Joseph Stiglitz weighs in on Universal Basic Income and the future of work Joseph Stiglitz talks about Universal Basic Income, inequality, and the future of work. Stiglitz says he is "not a big UBI person". But he still "understands there are some advantages" to the idea....
22:00, 05/06/2019

Trump's joint chiefs nominee weighs in on Pentagon leadership crisis President Trump's nominee for chairman of the Joint Chiefs of Staff weighed in on the Pentagon's leadership woes, telling the Senate that the military needs confirmed civilian leaders to stay effective....
19:34, 07/11/2019

Court weighs Trump plan to fund border wall build A federal judge in Oakland heard arguments Friday in two lawsuits seeking to block the White House from building a wall on the Mexico border with billions of dollars secured under President Trump's declaration of a national emergency. (May 17)        ...
11:34, 05/18/2019

U.S. weighs delaying Mexico tariffs as time for deal runs short Mexico is pushing for more time to negotiate over concerns the two sides won’t be able to reach agreement on all the steps Mexico would have to take to avert the tariffs, one person told Bloomberg. Trump has said the tariffs will be enacted on Monday....
00:17, 06/07/2019

Judge in war crimes case against Navy SEAL weighs dismissal motion The judge in the court-martial of a Navy SEAL platoon leader accused of war crimes in Iraq was expected to hear arguments on Thursday on defense motions to dismiss the charges or otherwise remove the lead prosecutor and the judge himself from the case....
11:17, 05/29/2019

As U.S. college admission process opens, scandal weighs on low-income students Christine Bascombe, a New York City high school student who dreams of attending Cornell University, says she was devastated last spring to hear that dozens of rich parents had committed fraud to get their children into elite colleges....
14:34, 08/07/2019

Mark Consuelos Weighs in on Lili Reinhart and Cole Sprouse's Split Mark Consuelos has "no idea" what's going on with his Riverdale co-stars, Cole Sprouse and Lili Reinhart. Earlier this week, it was revealed that the couple had called it......
20:17, 07/24/2019

Britain weighs response to Iran Gulf crisis with few good options Britain was weighing its next moves in the Gulf tanker crisis on Sunday, with few good options apparent as a recording emerged showing that the Iranian military defied a British warship when it boarded and seized a ship three days ago....
20:17, 07/21/2019

Jessica Biel Weighs In on Vaccine Fight, Drawing Fierce Pushback The entry of Ms. Biel, the Hollywood actress, into the conversation broadened the scope of the national debate, but also provoked a furious response....
04:34, 06/14/2019

Bachelor Nation Weighs In on Jed Wyatt's Betrayal to Hannah Brown on The Bachelorette Every rose has its thorn! The Bachelorette's Hannah Brown gave her final rose to Jed Wyatt on Tuesday night's two-part finale. The country singer got down on one knee and proposed......
06:51, 07/31/2019

Yara Shahidi Weighs in on Halle Bailey's The Little Mermaid Casting Controversy R&B singer Halle Bailey already has a number one fan when it comes to her upcoming role as Ariel in Disney's live-action remake of The Little Mermaid. Speaking to E! News during......
05:00, 07/22/2019

Family-run Latin food giant Goya weighs possible $3 billion sale Goya, one of the most iconic names in Latin American cuisine, has hired investment bank Goldman Sachs to weigh options that could include a sale of the 83-year-old company, people familiar with the matter tell CNBC....
19:00, 05/29/2019

Women Are Dying in Car Accidents Because The Only Female Crash Test Dummy Weighs 110 Lbs. For years, it has been reported that women are significantly more likely to be injured in car crashes than men—Jezebel wrote about the phenomenon back in 2011, when it appeared that seat belts were to blame. Most of the women harmed were, to quote USA Today nearly a decade ago, of “relatively short ...
21:17, 07/19/2019

As bank profits soar, Wall Street’s political spending hits new high Banks and financial institutions dramatically increased their political spending as Congress debated, and then passed, legislation last year that rolled back several key industry regulations....
17:00, 04/30/2019

RPT-Free-spending consumers lift company profits, but Trump tariffs now loom U.S. President Donald Trump's plan to slap new tariffs on Chinese imports comes on the heels of unexpectedly strong second-quarter results for automakers, consumer products companies and restaurant chains, boosted by spending on high-end products...
13:51, 08/02/2019

With potential to boost profits by up to 20 per cent, a woman’s place is at work, says UN labour agency Businesses perform better – sometimes by as much as 20 per cent – when they employ more women in top positions, UN labour experts said on Wednesday, warning nonetheless that most still pay lip-service to the idea of gender equality in the boardroom. ...
19:51, 05/22/2019

Free-spending consumers lift company profits, but Trump tariffs now loom U.S. President Donald Trump's plan to slap new tariffs on Chinese imports comes on the heels of unexpectedly strong second-quarter results for automakers, consumer products companies and restaurant chains, boosted by spending on high-end products...
03:17, 08/02/2019

Home Depot stock rises on better-than-expected profits even as the company lowers outlook Home Depot's CEO says the retailer cut its outlook partly due to "the potential impacts to the U.S. consumer arising from recently announced tariffs."...
19:00, 08/20/2019

Australian ‘influencer’ Belle Gibson faked cancer and used profits to trade cryptocurrency Authorities are investigating an Australian social media influencer‘s bank accounts after she defrauded her followers with fake cancer claims and used the money to trade cryptocurrency. Annabelle “Belle” Gibson has been systematically lying to her followers and using her company’s profits to trade c...
12:00, 05/14/2019

Warren singles out Amazon while explaining how she'll tax corporate profits for 'green' jobs plan Sen. Elizabeth Warren, D-Mass., reportedly took aim at the retail giant Amazon on Tuesday, singling out the company as one of the corporations whose profits she'd tax in order to pay for her newly-unveiled jobs plan....
01:17, 06/05/2019

Mother Sues Private Prison Company That Profits From ICE Detentions Over Her Baby’s Death Yazmin Juárez is suing private prison company CoreCivic over the death of her 1-year-old daughter Mariee. The complaint filed in federal court in San Antonio, Texas, on Wednesday demands $40 million from private prison company CoreCivic....
04:51, 08/01/2019

UPDATE 2-Investors book profits from U.S.-based equity funds ahead of Fed meeting U.S.-based equity funds posted more than $8.4 billion of cash withdrawals in the week ended Wednesday, following two weeks of inflows, according to Refinitiv's Lipper. The withdrawals came ahead of next week's Federal Reserve meeting. In the same week, U.S.-based money-market funds attracted $26...
01:17, 07/26/2019

Thomas profits from Alaphilippe’s late struggle as Simon Yates wins stage 15 • Simon Yates breaks clear to win second stage in four days • Thomas happy to gain time back on Alaphilippe on final climbThibaut Pinot exploded the status quo in the Tour de France, blowing both Geraint Thomas and Julian Alaphilippe off his back wheel in the Pyrenean mist, as Simon Yates took his s...
20:00, 07/21/2019

Group of top CEOs says maximizing shareholder profits no longer can be the primary goal of corporations The new statement, released Monday by the Business Roundtable -- whose members are CEOs of America’s largest companies -- suggests balancing the needs of a company’s various constituencies and comes at a time of widening income inequality, rising expectations for corporate behavior and proposals fro...
08:17, 08/20/2019

Tariffs from US-China trade war force small businesses to strategize to preserve profits The 25% tariffs President Trump has imposed on many Chinese-made products have small business owners trying to limit damage from import duties.        ...
16:34, 05/16/2019

Morgan Stanley predicts 'maximum nicotine' policy could cut tobacco profits in half Profits for major U.S. tobacco companies could be cut in half if the FDA adopts a "maximum nicotine" rule within the next 15 years, according to analysts at Morgan Stanley....
19:17, 06/17/2019

UPDATE 1-Brazil airline Azul's profits drop 20%, weighed by higher expenses Higher operational costs weighed on Brazil's No. 3 airline, Azul SA, sending profits in the first quarter down 20% to 137.7 million reais ($35.06 million), despite significantly higher revenue compared to the same period last year....
15:00, 05/09/2019

Mazda's profits tumble 43% on foreign exchange, lower sales, dealer outlays In announcing the lower earnings results, CEO Akira Marumoto outlined a new mid-term business plan that targets lifting operating profit margin to a sustainable 5 percent by the fiscal year ending March 31, 2025....
12:51, 05/09/2019

Justice Dept. Seeks to Halt Democrats’ Suit Over Trump’s Profits in Office The department asked an appeals court for an emergency order halting the emoluments lawsuit as congressional Democrats issued subpoenas to the president’s businesses....
01:17, 07/09/2019

Texas lawmaker accuses doctor of backing vaccine 'mandates' to boost profits A Texas lawmaker and a pro-vaccine doctor got into a Twitter spat on Tuesday when the Republican representative accused the pediatrician of peddling “sorcery” and accused those defending science of being "typical leftist(s) trying to take credit for something only The Lord God Almighty is in control...
11:17, 05/08/2019

UPDATE 2-Exchange operator Cboe plans new data platform as profits rise Cboe Global Markets Inc plans to build a research and data platform that will provide its customers with trading insights and spur new financial products, the exchange operator said after posting better-than-expected earnings on Friday....
20:17, 08/02/2019

Ford cutting 7,000 salaried jobs under pressure to boost profits, reduce bureaucracy Ford workers opened their email Monday to find a letter from CEO Jim Hackett with details on how many salaried workers would be leaving the automaker.        ...
17:34, 05/20/2019

Trump weighs pardons for servicemembers accused of war crimes, as families await decision President Trump is considering potential pardons for military members and contractors accused of war crimes as Memorial Day approaches -- deliberations that have prompted warnings from critics that the move could undermine the rule of law but also raised the hopes of their families who say the servi...
20:51, 05/24/2019

In Love and War: Jiréh Breon Holder's Too Heavy for Your Pocket Weighs the Price of Freedom It’s funny how the more things change, the more they say the same. Friday, May 17 marked 65 years to the day that the Brown vs. the Board of Education ruling—a bittersweet anniversary, as civil and human rights continue to be rolled back across America, and deep inequities for black and brown people...
23:34, 05/18/2019

Exclusive: Wells Fargo board weighs keeping interim CEO in place - sources Wells Fargo & Co board members are considering keeping interim Chief Executive Allen Parker in the job permanently even after saying they would seek an outsider to fill the role, according to two sources familiar with the board's thinking....
01:34, 06/06/2019

House panel weighs holding Trump Cabinet members in contempt over census The U.S. House Oversight Committee plans to vote next week on holding Attorney General William Barr and Commerce Secretary Wilbur Ross in contempt of Congress for stonewalling a probe into an alleged scheme to politicize the 2020 U.S. Census....
22:51, 06/07/2019

'He looked frail to me': Obama's former doctor weighs in on Biden and the aging presidential field Barack Obama's former doctor is worried about the advancing age of Joe Biden, whom he said looked "frail" during the Democratic debates when confronted by Kamala Harris about his history with race relations....
20:17, 07/26/2019

| WATCH: Protests as court weighs fate of Missouri's sole abortion clinic A US court has weighed the fate of the last abortion clinic in Missouri, which risks becoming the first state in 45 years without access to the procedure amid a nationwide push to curtail reproductive rights....
12:00, 06/01/2019

Alibaba Weighs a Hong Kong Listing as Trade Hawks Turn Up the Temperature The U.S.-traded Chinese company has long discussed such a move, but the news fuels debate as some inside and outside the White House call for weakening China’s links to Wall Street....
20:00, 05/28/2019

On Muslim Brotherhood, Trump Weighs Siding With Autocrats and Roiling Middle East Backed by American and Mideast hard-liners, President Trump is considering a terrorist designation for the Islamist movement that other allies consider a legitimate political force....
12:51, 05/06/2019

Planned Parenthood’s Acting President Weighs in on 2020 Endorsements, Voting and Activism Planned Parenthood’s new acting president, Alexis McGill Johnson, sat down with TIME on Monday in one of her first interviews since she was elected to the role by the organization’s board July 16. It was just her second day in her new office in Planned Parenthood’s D.C. headquarter...
08:17, 07/31/2019

Indiana city where Buttigieg is mayor weighs buying more body cameras for police Lawmakers in the city where Democratic presidential hopeful Pete Buttigieg precedes as mayor will consider purchasing 75 additional body cameras for its police force, weeks the fatal shooting of a black man by a white police officer led to civil unrest. ...
02:17, 07/06/2019

'Femtech' startups on the rise as investors scent profits in women's health | Gene Marks Venture capital firms – mostly male-led – are starting to overcome their wariness over women-orientated productsWhat if a woman’s monthly menstrual cycle could be turned into a diagnostic tool that warned of potential medical problems or even fatal diseases? That’s what one young company is trying t...
05:34, 06/07/2019

Betsy DeVos and family see profits soar after Trump tax reform bill and deregulation efforts Secretary of Education Betsy DeVos and her family have seen their investments skyrocket since President Donald Trump started enacting pro-business policies. Meanwhile, DeVos has been calling for cuts to funding public education....
00:51, 07/23/2019

Chipmaker's profits warning as Huawei ban hurts global supply chains - business live Rolling coverage of the latest economic and financial news, as Cardiff-based IQE slashes its profit and revenue forecastsIQE: Huawei ban has “far-reaching and long-lasting impacts on global supply chains”IQE cuts revenue and profit forecasts 8.42am BST Here’s Connor Campbell of City firm SpreadEx on...
10:17, 06/21/2019

Tesla earnings day: Elon Musk is in the driver's seat steering the company's path to profits Tesla CEO Elon Musk has been known for rash and sometimes reckless decisions. Some have punished Tesla shares. But the EV company has risen ahead of its latest earnings, and Musk's drive and bold vision remain key to the future of the auto sector....
21:00, 07/24/2019

Lowe's lays off thousands of store employees amid pressure to boost profits Lowe's is laying store workers who handle maintenance and product assembly as the home-improvement chain continues to cut costs to boost profits.       ...
15:17, 08/02/2019

US-China trade war blamed as BASF issues hefty profits warning - business live Rolling coverage of the latest economic and financial news, as chemicals giant BASF hits investors with a profits warningIntroduction: BASF hurt by trade war 9.52am BST Every European stock market is down this morning.European shares are extending yesterday’s losses, following a mixed trading sessio...
11:17, 07/09/2019

Edmunds warns of a tough 2019 for US auto industry as sales slide and profits get squeezed Edmunds anticipates sales for all of 2019 will drop to 16.9 million from 17.3 million last year. AlixPartners sees a further dip to 16.3 million in 2020 and just 15.1 million in new car sales in 2021....
19:00, 06/26/2019

MIDEAST STOCKS-Tanker incident weighs on Saudi, profit taking hurts Kuwait Saudi Arabia's stock index declined on Sunday, as political concerns weighed on investors after Iran's seizure of a British-flagged tanker in the Gulf. Britain called Iran's action against the Stena Impero in the Strait of Hormuz on Friday a...
16:51, 07/21/2019

Olympiakos midfielder Mady Camara keen on Watford move as Javi Gracia weighs up £12m bid Olympiakos midfielder Mady Camara is interested in a move to Watford but is unlikely to make a decision over his future until after this summer's Africa Cup of Nations....
16:17, 05/09/2019

''Is There Ever a Good Time to Send Nudes?'' The LADYGANG Weighs In During Wildly Funny ASMR Video Not your average sensory triggers, that's for sure! As usual, Keltie Knight, Becca Tobin and Jac Vanek are doing things their own way in this absurdly entertaining video mediated by......
18:17, 05/09/2019

MIDEAST STOCKS-Positive earnings end Saudi losing streak, COMI weighs on Egypt Strong corporate earnings helped Saudi Arabia's stock market snap five days of losses, while top lender Commercial International Bank weighed on the Egyptian bourse. In Saudi Arabia, the index bounced back 0.4%,...
16:00, 07/25/2019

CBOE ANNOUNCES RECORD FINANCIAL RESULTS FOR 2008; FOURTH QUARTER REVENUES UP 12%, PRE-TAX PROFITS UP 5%, NET INCOME DOWN 2% Chicago, February 6, 2009 - The Chicago Board Options Exchange (CBOE) today reported that its unaudited pre-tax profits totaled $38.2 million in fourth-quarter 2008, a five-percent increase over the same period in 2007. Net income for the fourth quarter totaled $22.1 million, a two-percent decrease ...
08:51, 05/03/2019

Danske Bank profits hit by higher costs as it sets aside cash for a potential money laundering fine Danske Bank's second-quarter pre-tax profit came in below expectations on Thursday, with the Danish lender citing low interest rates and higher regulatory costs following a money-laundering scandal at its Estonian branch....
10:51, 07/18/2019

Knocking inequality at Disney, Bernie Sanders suggests ‘Avengers’ profits should fund workers’ raises The presidential candidate said $1.2 billion that came in for the film's opening could help guarantee a "middle class wage" to everyone at Disney, where workers have said they are struggling to make ends meet....
20:00, 04/30/2019

Mike Pence weighs in on Federal Reserve policy after Stephen Moore, Herman Cain withdraw The vice president's comments come as the White House is scrambling to fill two vacancies on the Fed's board after the withdrawal of two of nominees.        ...
20:00, 05/04/2019

Trump admin weighs letting states, cities deny entry to refugees approved for resettlement in U.S. WASHINGTON — The Trump administration is considering a new policy that would allow state and local jurisdictions to deny entry to refugees who have been approved for resettlement in the United States, according to a draft of an executive order obtained by NBC News. According to the draft, “the...
03:00, 08/22/2019

Anti-Defamation League weighs in on Betsy Ross flag debate after Nike pulls shoe The Anti-Defamation League on Tuesday weighed into the Betsy Ross flag debate after Colin Kaepernick reportedly raised concerns to Nike officials about putting the flag on a sneaker....
00:51, 07/05/2019

Restrictive abortion bill weighs on Alabama Republicans, who struggle with lack of exceptions for rape, incest Vote scheduled for Tuesday could secure an almost all-out ban on abortion amid hopes the U.S. Supreme Court will hear the case and overturn Roe v. Wade....
04:00, 05/14/2019

Criminal gang facing jail after laundering profits of £8 million drugs supply operation through sham companies Members of a criminal gang who ran an £8 million drugs supply operation across the UK while laundering profits through a web of 'front' companies are facing jail....
18:17, 06/12/2019

USWNT star Megan Rapinoe rips into 'disgusting' Trump tweets, weighs in on candidates she's interested in for 2020 REUTERS/Eduardo Munoz FIFA Women's World Cup winner and US Women's National Team star Megan Rapinoe called President Donald Trump's tweets criticizing four congresswomen of color "disgusting," in an interview with CNN's Van Jones on Saturday. Rapinoe, who is an outspoken critic of Trump, told Jones...
09:51, 07/21/2019

U.S. weighs plan to block cocoa imports produced with child labor. Ivory Coast calls ban unfair. Ivory Coast first lady Dominique Ouattara said a cocoa embargo by the U.S. would harm Ivorian farmers and set back the country’s efforts to eradicate child labor, which she leads....
00:00, 08/08/2019

Beekeepers estimate the hive found in a Midland, Texas yard weighs 90 pounds and is home to thousands of bees (KWES)  If you’re driving down Princeton Avenue in Midland, Texas you might see a giant wooden box hanging about 15 feet off the ground in a tree. If you take a closer look you will notice a beehive with thousands of European honey bees buzzing around it. But this is not your average beehive. ...
11:34, 08/17/2019

Disney discouraged 'Star Wars' fans from visiting its new Galaxy's Edge area, and domestic park visits and profits dropped Reuters Disney actively discouraged people from visiting the new Star Wars: Galaxy's Edge area in Disneyland last quarter, pushing domestic park attendance down 3%. "Helped in part by some of our efforts, there was tremendous concern in the marketplace that there was going to be huge crowding," CEO...
13:34, 08/08/2019

Uber reports $5.2B net loss in Q2, revenue up 14% The ride-hailing company said the large net loss reflected $3.9 billion of stock-based compensation expenses related to its initial public offering. ...
05:34, 08/09/2019

Colorado surpasses $1B in pot tax revenue since legalization DENVER — Colorado has surpassed $1 billion in tax revenue from marijuana sales since recreational use of the drug was legalized in 2014. The Colorado Department of Revenue says sales since legalization have topped $6.5 billion, generating $1.02 billion from taxes, licenses and fees. The state has mo...
08:17, 06/13/2019

How recurring revenue can increase the value of your business The subscription model is in vogue, and this is no fleeting craze. Global research and advisory firm Gartner estimates that three in four organizations selling direct to consumers will offer subscription services by 2023. And it’s not just B2C —B2B companies are also driving the change...
12:34, 06/03/2019

Huawei first-half revenue up about 30% despite U.S. ban: Bloomberg Huawei Technologies Co Ltd's revenue grew roughly 30% in the first half after select teams secured critical supplies to keep production going despite U.S. technology export restrictions, Bloomberg reported on Tuesday, citing people familiar with the matter....
14:00, 07/23/2019

Mexico's Femsa reports 2nd-qtr revenue up 9.4% Mexican bottler and retailer Femsa on Thursday reported that its second quarter revenue rose 9.4% over the year-earlier period, while income from operations rose 8.3%....
01:17, 07/26/2019

Uber loses $1B in Q1 as revenue rises 20% Uber’s loss in its first quarterly report as a public company affirmed the challenges the company faces while spending heavily to fend off ride-hailing and delivery rivals. Uber's CFO said the company also had begun to see "less aggressive pricing" by competitors....
23:34, 05/30/2019

Dell Revenue Growth Slows Dell Technologies swung to a profit in its first quarter, but revenue growth lagged behind expectations, as softer demand from China and some corporate clients weighed on its digital infrastructure division....
03:00, 05/31/2019

Pakistan Needs To Mobilize Tax Revenue, Cut Debt, Says IMF Pakistan needs to mobilize domestic tax revenue to ensure funds for social and development programs, while reducing debt, the acting director of the International Monetary Fund said on Sunday after a......
08:00, 07/22/2019

News Corp Revenue Up Sharply News Corp reported a sharp increase in revenue for its most recent fiscal quarter, driven by the consolidation of Australian pay-television company Foxtel and continued gains at its book-publishing arm....
04:34, 05/10/2019

Etsy Q1 revenue misses expectations Nonetheless, the company's net income increased to $31.6 million, or a 26 cents a share, compared to net loss of $12.9 million, or a penny a share, the year prior....
00:00, 05/09/2019

Millions of Business Listings on Google Maps Are Fake---and Google Profits Millions of pushpins on Google Maps point to false business addresses created by firms pretending to be nearby. Some are fibbing to get your business. Others are posted by predators seeing what they can take....
19:51, 06/20/2019

Kris Jenner Weighs In Again on Kylie Jenner's "Self-Made" Billionaire Title Kris Jenner reiterates that Kylie Jenner is indeed a "self-made" billionaire, despite what skeptics say. In March, Forbes magazine estimated again that the Keeping Up With the......
02:51, 05/06/2019

World's largest hot dog weighs 75 pounds and set a Guinness World Record. A piece costs $10 The New York eatery Feltman's is widely credited with creating the hot dog. It just earned a Guinness World Record for making the world's biggest one.        ...
23:51, 06/27/2019

Giuliani weighs in on Hunter Biden's dealings in Ukraine emerging as 2020 issue for Joe Biden Rudy Giuliani, President Trump's personal attorney, said on “Hannity” Tuesday that former Vice President Joe Biden’s son Hunter’s dealings in Ukraine represent “a case that is crying out to be investigated,” adding, “If it doesn't get investigated, we just don't have equal justice in this country.” ...
09:00, 05/15/2019

Democrats insist on 'substantial' new revenue for U.S. infrastructure Top Democrats in Congress told U.S. President Donald Trump on Monday that the United States has "massive" infrastructure needs and must be met with "substantial, new and real revenue."...
18:34, 04/29/2019

Huawei H1 Revenue Grows 30 Percent Despite US Ban: Report Huawei revenue grew roughly 30 percent in the first half after select teams secured critical supplies to keep production going despite US technology export restrictions, Bloomberg reported on Tuesday....
05:51, 07/24/2019

Sinclair Revenue Rises as It Bets Big on Sports Sinclair Broadcast Group posted stronger revenue in the latest quarter as the television station owner looks to its purchase of a suite of sports networks to bolster its business....
20:17, 05/08/2019

Huawei’s Q1 revenue grows 39% despite company controversy Chinese tech giant Huawei said Monday its revenue rose 39 per cent over a year earlier in the latest quarter despite U.S. pressure on allies to shun its telecom technology as a security risk....
14:09, 05/01/2019

Revenue Rises at All Wynn Resorts Properties Wynn Resorts said revenue increased at all of its properties in the latest quarter, with the high-end hotel and casino operator reporting a nearly 10% rise in the money it makes per room in Las Vegas....
01:00, 08/07/2019

Viacom beats quarterly revenue estimates Viacom, the owner of MTV, Comedy Central, and Nickelodeon, beat estimates for quarterly revenue on Thursday, helped by a rare growth in domestic advertising revenue....
01:34, 08/09/2019

Illumina plunges after slashing revenue expectations Illumina said it now expects revenue to grow about 6% this fiscal year. That's far below its previous projection for about 13% to 14% revenue growth in fiscal 2019....
01:34, 07/12/2019

Viacom Revenue Falls as It Looks Beyond TV Sets for Growth Revenue at Viacom declined in its latest quarter, as the media company grapples with shrinking distribution fees and moving its content and advertising beyond traditional television platforms....
16:17, 05/10/2019

News Corp Revenue Falls 8% in Quarter News Corp reported an 8% decline in revenue for the June quarter, reflecting lower sales at its book-publishing unit, lower ad revenue at its news and information-services business and the negative impact of foreign-currency fluctuations....
04:00, 08/09/2019

EBay beats second-quarter revenue estimates EBay Inc beat Wall Street estimates for quarterly revenue on Wednesday, as a multi-year effort to make its platforms easier to use attracted more customers....
23:00, 07/17/2019

Fox Profit, Revenue Rise in First Quarter Since Spinoff Fox Corp. said its profit rose in its first quarterly earnings since the company’s spinoff from 21st Century Fox, driven by stronger performances in its cable network and broadcast TV segments....
02:34, 05/09/2019

Maxim turns a profit but revenue is still stumbling It was a case of good news and bad news at Maxim. The magazine of beer and babes turned a profit in 2018, its first since Sardar Biglari took over in 2014. But the mag has not turned the corner for good, unfortunately, as numbers filed with the Securities and Exchange Commission earlier this month.....
05:00, 05/22/2019

Huawei CEO says underestimated impact of U.S. ban, sees revenue dip Huawei Technologies Co Ltd's founder and CEO Ren Zhengfei said the impact of a U.S. ban on the Chinese company was more severe than expected and warned that revenue would dip to around $100 billion this year and the next....
12:00, 06/17/2019

American Airlines Raises Revenue Expectations American Airlines raised its unit revenue expectations for the second quarter due to fuller flights and said it will take a roughly $185 million profit hit related to the grounding of its Boeing 737 MAX fleet....
20:51, 07/10/2019

Huawei H1 Revenue Growth Accelerates Despite US Sanctions Huawei revenue in the first half of the year grew 23.2 percent - faster than a year ago - despite an intense US campaign against it that ultimately became a trade ban from mid-May....
11:17, 07/30/2019

Alphabet first-quarter revenue misses estimates Alphabet Inc's Google failed to reap the benefits of a strong economy that bolstered rivals in the first quarter, leaving the search giant's revenue below Wall Street targets on Monday....
22:34, 04/29/2019

Huawei founder says revenue will be billions below forecast SHENZHEN, China — Huawei’s founder likened his company to a badly damaged plane Monday and said revenues will be $30 billion less than forecast over the next two years. The Chinese telecom giant will reduce capacity but U.S. moves to restrict its business “will not stop us,” Ren Zh...
10:51, 06/17/2019

Marijuana industry could surpass NFL in revenue by 2020 Cannabis has been extending its reach through legalization over the past several years. Starting with early adopter Colorado, 37 states have passed legislation allowing adult consumption for medical and, in some cases, recreational purposes. So how high can revenues go for this budding industry? For...
08:17, 06/09/2019

Alibaba quarterly revenue beats estimates China's Alibaba Group Holding Ltd beat analysts' estimates for fourth-quarter revenue on Wednesday, boosted by growth in its core e-commerce and cloud computing businesses....
13:34, 05/15/2019

Merck revenue up 8 pct on higher Keytruda sales U.S. drugmaker Merck & Co Inc reported an 8 percent increase in quarterly sales on Tuesday, as sales of its blockbuster lung cancer immunotherapy Keytruda rose....
13:51, 04/30/2019

Microsoft keeps hiding Azure revenue numbers, but why? CIOs want to know that they're betting on a winner, but they might already have enough data for Microsoft Azure without getting revenue numbers, too....
20:00, 04/28/2019

GoDaddy revenue rises 12.1 percent in first quarter GoDaddy Inc reported first-quarter revenue on Thursday that rose 12.1 percent, as the web hosting company added more customers and earned more on average from each of its users....
22:51, 05/02/2019

PepsiCo quarterly revenue beats estimates PepsiCo Inc beat analysts' estimates for quarterly revenue on Tuesday, as the beverage and snack maker benefited from adding healthier snacks, sparkling waters and juices to cater to consumers looking beyond sodas and chips....
13:17, 07/09/2019

Morgan Stanley's Q2 trading revenue unlikely to beat Q1 – CEO Morgan Stanley's second quarter trading revenue is unlikely to beat results of the first three months of the year, as the last two weeks have been "quite hard", the bank's Chief Executive James Gorman said on Tuesday....
19:00, 06/11/2019

Lyft Reports Strong Revenue Growth Lyft posted strong growth in its first quarterly report as a public company, with revenue nearly doubling from the year before, even as losses continued to mount....
00:34, 05/08/2019

American Express Revenue, Profit Rise Revenue at American Express was lifted in the latest quarter by higher card-member spending, loans and card fees, though expenses from rewards programs also increased....
02:00, 07/20/2019

Huawei Expects $30 Billion Revenue Hit From U.S. Clampdown The U.S. campaign against Huawei is taking a toll, with the company’s founder forecasting a hit to revenue of about $30 billion over the next two years....
15:51, 06/17/2019

Revenue from pot could grow higher than that of the NFL by 2020: Report As the budding marijuana industry continues to flourish, total revenue generated from it could surpass that of the NFL by 2020 and America’s total spending on gym memberships by 2023....
00:00, 06/12/2019

Huawei says it got over $1.4 billion in licensing revenue since 2015 Huawei Technologies said it has received over $1.4 billion in licensing revenue since 2015 and paid more than $6 billion in royalties to legally implement intellectual property of other companies....
05:51, 06/27/2019

Fortune to Add Paywall in Bid to Diversify Revenue Stream Fortune magazine is raising its cover price, launching a digital paywall and boosting its conference business, in its first decisive steps as an independent publisher....
15:51, 05/29/2019

Top banks' commodities revenue up 6 pct in first quarter - report Commodities-related revenue at the 12 biggest investment banks was 6% higher in the first three months of this year than in the same period in 2018 thanks to increased earnings from oil, consultancy Coalition said on Thursday....
14:00, 05/30/2019

SecureWorks posts 5% rise in first-quarter revenue SecureWorks Corp on Wednesday reported a 5.3% rise in first-quarter revenue, as the cybersecurity provider benefited from higher spending by companies to fend off cyber attacks....
15:00, 06/05/2019

Texas Instruments quarterly revenue falls 9 pct Texas Instruments Inc reported an 8.7% drop in quarterly revenue on Tuesday, as it grappled with slowing demand for microchips that started late last year....
22:51, 07/23/2019

Costco quarterly revenue beats estimates Warehouse club operator Costco Wholesale Corp reported quarterly revenue above Wall Street estimates on Thursday, helped by its online business and a rise in membership fees....
22:34, 05/30/2019

Uber reports $1B loss as revenue rises Car sharing giant Uber has met its first quarter forecast, with a loss of $1 billion but increasing revenue and users. The losses were the result of big spending in the lead-up to its IPO earlier in May....
10:51, 05/31/2019

GoPro tops quarterly revenue estimates GoPro Inc topped Wall Street estimates for quarterly revenue on Thursday, driven by strong demand for its new range of cheaper action cameras from flagship brand HERO....
22:34, 05/09/2019

Aurora Cannabis third-quarter revenue jumps 20% Aurora Cannabis Inc reported a 20% jump in quarterly net revenue on Tuesday, as Canada's legalization of recreational cannabis late last year boosted demand....
03:17, 05/15/2019

Pokemon Go News: Shadow Pokemon, Shiny Spinda, July Community Day, Huge Niantic profits Niantic has launched a new game this week, but that's not slowing down the progress of Pokemon Go - in fact, there's a lot of new features coming to the game soon...
08:17, 06/24/2019

Twitter reports small user growth and small profits If you ever needed proof that Twitter has reached a natural ceiling for its user figures, then its second quarter numbers are perfect. In the last three months, the company added just five million new daily active users, and coined a net profit of $3......
15:51, 07/26/2019

Baby born on 7-Eleven Day at 7:11 p.m., weighs 7 lbs., 11 oz., gets 7-Eleven college fund It's stranger than fiction: A baby girl in St. Louis was born on 7-Eleven Day at 7:11 p.m., weighing 7 pounds and 11 ounces.       ...
20:51, 07/19/2019

Illumina Stock Falls as Revenue Outlook Reduced Shares of Illumina drop after the maker of gene-sequencing machines lowers its revenue expectations over problems with its direct-to-consumer business....
09:00, 07/12/2019

U.S. Clampdown to Cost Huawei $30 Billion in Revenue, Founder Says The U.S. campaign against Huawei Technologies is taking a toll, with the company’s founder forecasting a hit to revenue of about $30 billion over the next two years....
12:34, 06/17/2019

Huawei says U.S. ban hurting more than expected, to wipe $30 billion off revenue China's Huawei Technologies Co Ltd has taken a harder-than-expected hit from a U.S. ban, the company's founder and CEO Ren Zhengfei said, and slashed revenue expectations for the year....
17:00, 06/17/2019

Stitch Fix spikes 21% after beating earnings and revenue expectations Shares of Stitch Fix soared 21% in after-market trading Wednesday after the online personal styling company reported it beat earnings and sales expectations in the fiscal third quarter of 2019....
22:34, 06/05/2019

Amazon reports $63.4 billion in Q2 2019 revenue: AWS up 37%, subscriptions up 37%, and ‘other’ up 37% Amazon today reported fiscal Q2 2019 earnings, including revenue of $63.4 billion, net income of $2.6 billion, and earnings per share of $8.34.Read More...
22:17, 07/25/2019

Google's Q1 means cloud revenue run rate still AWOL Google's parent company delivered mixed first quarter financial results due in part to the recent $1.7 billion antitrust fine​ by the European Commission...
00:51, 04/30/2019

CORRECTED-Teck Resources quarterly revenue rises 4% Canadian miner Teck Resources Ltd reported a 4% increase in second-quarter revenue on Thursday powered by its steelmaking coal and energy businesses....
21:00, 07/25/2019

Apple posts Q3 earnings: Revenue hits $53.8 billion As far as Apple’s earnings are concerned, the June quarter isn’t necessarily exciting in and of itself. After all, the quarter doesn’t encapsulate the always-busy holiday shopping season or the back-to-school rush where students shell out cash for new iPads and Macs. Still, as one ...
03:17, 07/31/2019

Spotify revenue jumps 33 pct on higher subscriber addition Spotify Technology SA reported a better-than-expected 33 percent rise in first-quarter revenue, as the music streaming company racked up 100 million paid subscribers for its premium service....
12:34, 04/29/2019

UPDATE 3-Slack sees FY 2020 revenue rising by as much as 50% Slack Technologies Inc said on Monday it expects fiscal 2020 revenue to grow as much as 50% but the owner of the workplace instant messaging app anticipates a loss for the year, ahead of its listing this month....
01:51, 06/11/2019

UPDATE 1-Slack sees FY 2020 revenue rising by as much as 50% Slack Technologies Inc said on Monday it expects fiscal 2020 revenue to grow as much as 50% but the owner of the workplace instant messaging app anticipates a loss for the year, ahead of its listing this month....
23:51, 06/10/2019

REFILE-Wendy's quarterly revenue beats estimates Burger chain Wendy's Co reported better-than-expected quarterly revenue on Wednesday, as it collected more royalties from its franchises and its line of premium burgers that come with avocado, bacon and barbecue chicken attracted more diners....
13:34, 05/08/2019

REFILE-Coty's quarterly revenue misses expectations Cosmetics maker Coty Inc reported quarterly revenue that missed Wall Street expectations on Wednesday, hit by supply chain disruptions and lower demand for its consumer beauty products that includes Cover Girl and Rimmel brands....
13:34, 05/08/2019

Livent cuts 2019 profit, revenue forecast U.S. lithium producer Livent Corp on Tuesday cut its full-year profit and revenue forecast, citing lower delivered volumes of lithium hydroxide to some of its main customers....
23:34, 05/07/2019

Teamwork will help unlock revenue potential of vehicle data Teamwork allows each industry to harness and exchange data sets with multiple stakeholders to run their businesses more efficiently and improve the customer experience....
09:17, 06/10/2019

Colorado passes $1 billion in marijuana state revenue Colorado just reached $1 billion in total marijuana state revenue. Total marijuana sales have surpassed $6.5 billion since the state legalized cannabis in 2014....
23:00, 06/12/2019

Baidu receives Q2 revenue jolt from AI and streaming services The company's artificial intelligence segment also experienced increased uptake, with its AI Open Platform growing 37% year on year to having 1.3 million developer accounts....
12:17, 08/20/2019

Israel's Wix.com Q2 profit up, raises 2019 revenue outlook Wix.com, which helps small businesses build and operate websites, reported higher profit in the second quarter and raised its revenue forecast for 2019....
10:00, 07/24/2019

Wendy's quarterly revenue falls short of estimates Burger chain Wendy's Co reported quarterly revenue on Wednesday that fell short of analysts' estimates, hit by tough competition in a crowded U.S. restaurant market....
17:00, 08/07/2019

Disney’s 2Q beats estimates despite soft theatrical revenue NEW YORK (AP) — Disney’s adjusted second-quarter net income declined as higher revenue from its parks was not enough to offset lower theatrical revenue. However, the entertainment giant’s results still beat Wall Street expectations. Net income for the quarter ended March 30 jumped 85% to...
00:51, 05/09/2019

Huawei's first-half revenue growth accelerates despite U.S. sanctions China's Huawei Technologies said on Tuesday revenue in the first half of the year grew 23.2% - faster than a year ago - despite an intense U.S. campaign against it that ultimately became a trade ban from mid-May....
11:51, 07/30/2019

Apple beats Q3 estimates with record Services revenue CEO Tim Cook also said a "significant improvement in iPhone trends" contributed to Apple's best June quarter ever, though iPhone revenues were down from a year prior....
14:17, 07/31/2019

Apple's Revenue Rises Despite Continued iPhone Slump Apple countered another quarter of weak iPhone sales with strong revenue growth from its supporting businesses, the latest in a series of positive results from Silicon Valley’s tech titans....
01:51, 07/31/2019

Wall Street cheers Twitter revenue surge Shares in Twitter have risen sharply after it reported better than expected quarterly revenues and user numbers while at the same time recording a big drop in "spammy or malicious behaviour"....
18:34, 07/26/2019

UPDATE 2-Dow forecasts third-quarter revenue below estimates, shares dip Dow Inc forecast current-quarter revenue below analyst expectations on Thursday and said it would cut 2019 spending as chemical companies grappled with the prolonged U.S-China trade dispute and an oversupply of chemicals used to make plastics....
16:00, 07/25/2019

Growth in number of users boosts Twitter revenue by a fifth Tweaks to user experience help company to better-than-expected profitability of $76m Twitter’s revenue rose by almost a fifth year on year, the company reported on Friday, leading to “better-than-expected profitability” of $76m (£61m) in the second quarter of 2019, although this was down from $80m i...
17:00, 07/26/2019

Microsoft beats revenue estimates on cloud boost Microsoft Corp beat analysts' estimates for fourth-quarter revenue and profit on Thursday, lifted by growth in its flagship cloud product Azure and Office software....
22:34, 07/18/2019

Does revenue explain the USWNT's World Cup bonus shortfall? As the US women’s soccer team’s wage discrimination lawsuit heads toward mediation, here’s everything you need to know about the pressing questionsWhen the Guardian reported the exclusive details of how small the World Cup bonuses for the US women’s national team are compared to their male counterpa...
04:17, 07/25/2019

Israeli foodmaker Strauss net profit up 9.5%, revenue slips Israeli food producer Strauss Group said second-quarter net profit rose 9.5% as strength in its home market, water division and Pepsico joint venture outweighed the impact of a firmer shekel on overseas sales....
10:51, 08/13/2019

Funding Circle shares slump on revenue warning Shares in peer-to-peer lender Funding Circle have hit record lows after the firm issued a revenue warning and said it was tightening lending criteria....
13:17, 07/02/2019

Macau casino revenue hits 5-month high in May Gambling revenue in the Chinese territory of Macau hit a five-month high in May, although softer demand from high rollers amid a slowdown in the world's No.2 economy and a Sino-U.S. trade war continued to keep a lid on gains....
09:00, 06/01/2019

Alibaba beats revenue expectations on cloud boost Chinese e-commerce giant Alibaba Group Holding Ltd beat fourth-quarter revenue forecasts on Wednesday, thanks to growth in its core business and its diversification into cloud computing and other services....
23:00, 05/15/2019

'Toy Story 4' delivers surprise revenue rise for Mattel Mattel Inc reported a surprise rise in quarterly revenue on Thursday, as the success of the latest "Toy Story" movie boosted demand for its action figures and a makeover of Barbie lifted sales of the iconic dolls, sending its shares up 5%....
23:34, 07/25/2019

CBS Misses Revenue Estimates Despite Jolt From Super Bowl CBS said the Super Bowl bolstered its advertising results, helping push up profit in the latest quarter, but the media company missed revenue expectations amid a weaker performance in its cable networks business....
08:51, 05/03/2019