Profit
- Money
With new tariffs in effect, economists see profit dips and price hikes up ahead
President Trump’s tariffs have officially gone into effect, and the impact on businesses and consumers is expected to be significant.…
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Warner Bros. Discovery Swings to Q2 Profit, Boosted by HBO Max Expansion, ‘Minecraft’
Warner Bros. Discovery is undergoing a transformation that is dividing the company into two distinct entities. The company, known for…
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SoftBank Vision Fund posts $4.8 billion gain to drive quarterly profit
Masayoshi Son, chairman and chief executive officer of SoftBank Group Corp., speaks at the SoftBank World event in Tokyo, Japan,…
Read More » - Business
Ford shares slide as automaker takes $800M hit from tariffs, cuts profit forecast
Ford Motor Faces Increased Tariff Costs On Wednesday, Ford Motor revealed that US tariffs on imported vehicles and materials such…
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Tesla profit slumped in second quarter, a sign Musk is hurting the brand
Elon Musk’s foray into politics a year ago continues to have a significant impact on Tesla, as the electric vehicle-maker…
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United Airlines warns profit still suffering from Newark chaos — but travel demand picking up
United Airlines announced on Wednesday that travel demand has shown an increase since the start of July, attributed to reduced…
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Lululemon shares plummet as tariff costs, rivals threaten profit outlook
Lululemon has revised its profit forecast for the year downwards due to increased costs to offset US tariffs and lackluster…
Read More » - Finance
Goldman-backed Starling Bank profit drops amid Covid loan issue
Starling Bank, a British online lender known for its fee-free current accounts and lending services through a mobile app, recently…
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Most US stocks fall following mixed profit reports from Target, Lowe’s
By STAN CHOE, AP Business Writer NEW YORK (AP) — The U.S. stock market experienced a decline on Wednesday as…
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Saudi oil giant Aramco posts 5% dip in first-quarter profit
Members of media chat before the start of a press conference by Aramco at the Plaza Conference Center in Dhahran,…
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