profits

Business

AmEx profits up 3%, but still sets cash aside for downturn

NEW YORK — American Express profits rose a modest 3% in the third quarter despite a significant rise in spending…

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Tech

Tesla’s chaotic third quarter saw profits climb but revenue falter | Engadget

Tesla faced increasing transportation costs paired with “raw material cost inflation,” continued component shortages and a strengthening dollar in Q3,…

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Business

Global markets mixed after Wall St bounce on strong profits

BEIJING – Global stock markets were mixed Wednesday after Wall Street rose on strong corporate profit reports. Paris,…

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Business

Asia stocks mixed after Wall St rises on corporate profits

BEIJING — Asian stock markets were mixed Wednesday after Wall Street rose on strong corporate profit reports. Tokyo advanced while…

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United Kingdom

Jeremy Hunt lines up raid on bank profits to help fill £40bn UK fiscal hole

Chancellor Jeremy Hunt is preparing to raid the profits of banks and energy companies in an attempt to fill a…

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United Kingdom

UK banks face a sensitive problem: fatter profits from rising rates

Be careful what you wish for. Since the great financial crisis, UK banks have mostly made returns below their cost…

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Business

Citigroup reports 25% decline in third-quarter profits but tops revenue expectations

Jane Fraser speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle…

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Tech

Tiktok profits from livestreams of refugees begging

Refugee families in Syrian camps are begging for donations on TikTok while the company takes up to 70% of the…

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USA News

Newsom calls special legislative session to consider tax on excess oil company profits

SACRAMENTO —  Gov. Gavin Newsom on Friday announced he is calling a special legislative session in December for lawmakers to consider…

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United Kingdom

UK banks set for bumper profits despite mortgage market freeze

The UK’s biggest banks are set to make bumper profits from rocketing interest rates even as they pull mortgage products…

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