Jason Alexander’s ‘Fiddler on the Roof’ became profitable before opening night
“Am I still capable of this?” Jason Alexander has been asking himself this very question while preparing to star in “Fiddler on the Roof” at…
Victoria Beckham, 50, wows in lace as she celebrates her fashion brand’s first profit in 15 years
VICTORIA Beckham is basking in the glow of her fashion brand — though it could easily have gone up in smoke.The former Spice Girl, 50,…
LG Energy Profit Tumbles 40% on Slow Battery-Power Car Sales
Breadcrumb Trail LinksPMN BusinessSluggish demand for electric vehicles haunted South Korean battery maker LG Energy Solution Ltd., dragging its profits down by almost 40% from…
Tesla reports better than expected profit, sending shares higher | Business and Economy
Texas-based company reports $2.2bn profit for July to September, after back-to-back disappointing quarters.Tesla has posted a forecasting-beating profit in the third quarter, breaking a recent…
Netflix adds 5 million subscribers and beats Wall Street’s profit expectations
Streaming giant Netflix has proved there are still legs left in its membership growth, reporting 5 million new subscribers in its third quarter for a…
Reliance Misses Profit Estimate on Poor Show by Energy Units
Breadcrumb Trail LinksPMN BusinessReliance Industries Ltd., controlled by billionaire Mukesh Ambani, reported profit that again missed analysts’ estimates, as weak margins from its core oil…
Wall Street’s next big test is looming with Nvidia’s profit report
How much hype is left in Nvidia's stock? Anyone with an S&P 500 index fund is hoping to get an answer to that weighty question…
San Diego Comic-Con at center of human-trafficking sting
A team of federal, state and county investigators rescued 10 people and arrested 14 during an undercover human-trafficking sting at San Diego’s Comic-Con International, which…
Meta shares surge after tech giant reports $13.5bn profit | Financial Markets
CEO Mark Zuckerberg says Meta AI is on track to be the most used AI assistant worldwide by the year’s end.Meta, the parent company of…
BBC Flog It! guest left gobsmacked after item with Royal connection makes huge profit
A BBC Flog It! guest was gobsmacked after her item sold for an impressive profit.Wednesday's episode of the antiques programme saw the team visit Ushaw…
Demand for luxury declining? LVMH half-year net profit drops 14%
Shares in LVMH Moet Hennessy Louis Vuitton SE fell nearly 5% on Wednesday morning after the luxury goods company failed to cheer investors with its…
Brakes on Porsche profit outlook due to alloy supply shortage
Shares in Porsche fell nearly 5% on Tuesday morning after the German sports car maker cut its sales and profitability outlook for 2024. ADVERTISEMENTPorsche AG…
Earnings preview: US big banks may see profit decline in the second quarter
The US earnings season will kick off with big banks reporting their second-quarter performance on Friday. Analysts expect these banks' profits to be negatively impacted…
Samsung expects more than 1,400% profit jump in Q2 on demand for AI chips
Samsung Electronics estimated Friday that its second-quarter profits increased nearly 15-fold from a year earlier, thanks to demand for memory chips to power artificial intelligence…
Paramount leaders address ‘simply unacceptable’ profit declines
Two weeks after the sale talks collapsed between Paramount Global and Skydance Media, the company’s co-chief executives tried to rally employees for the future in…
Supreme Court upholds tax on corporate wealth held overseas
WASHINGTON — The Supreme Court on Thursday refused to put new limits on the taxing of corporate wealth. In a setback for anti-tax conservatives, the justices…
Spotify raises prices on premium plans to boost profits
Spotify, the world’s largest music streaming subscription company, is raising its prices again for U.S. premium accounts. The price of ad-free individual plans is going…
Big Pharma’s focus on profit is behind medicine shortages, superbug threat | Health
What happens when we run out of medicines? Medical authorities around the world are pondering this question as they struggle with shortages of a range…
Woolworths contributes little to food waste but rejects bananas that are ‘too big’, SA committee hears
In short: Woolworths CCO Paul Harker told a South Australian parliamentary committee food could be discarded because of poor eating quality or how long it'd…
Japan’s Toyota posts record profit as bet on hybrids pays dividends | Automotive Industry
Japanese car giant says net profit reached 4.94 trillion yen ($31.9bn) in the year to March. Toyota has reported record profit and sales figures on…