#profit

#profit

Netflix reported a significant increase in customers and profit in Q1 but will stop sharing 'key subscriber numbers' from 2025. [ more ]

Shell reported better profits, but faces criticism over its commitment to climate change and renewable energy. [ more ]

Amazon reported highest Q1 profit, focusing on retail efficiencies and cloud computing growth. [ more ]

Microsoft's value has surpassed $3 trillion, making it the most valuable company on the stock market.

The company's record profits in the second quarter were driven by its cloud services. [ more ]

President Joe Biden criticized millionaires for not paying their fair share but minimized his taxes when making millions.

Special Counsel's report reveals Biden's financial motives, including sharing classified information for profit. [ more ]

Employers want employees back in the office for various legitimate reasons, including avoiding potential insider trading incidents.

Tyler Loudon made a substantial profit by overhearing insider information while his wife worked from home, leading to legal consequences. [ more ]

Law firms are facing criticism for not matching Milbank's $10,000 base compensation increase for associates.

The cost of a match for firms like Cravath and Davis Polk is relatively small compared to their revenue.

Biglaw firms have the financial means to raise associate salaries without significant impact on partner profits. [ more ]

Tui reported a surprise profit and record revenues in the Christmas quarter.

Tui's executive and supervisory board has recommended that shareholders vote in favor of delisting the company from the London Stock Exchange and focusing on a single listing in Germany. [ more ]

Dutch neobank bunq has reported its first full year of profit, making €53.1mn in net profit in 2023.

Bunq has submitted its application for an E-Money Institution (EMI) license in the UK, aiming to relaunch its services in the country. [ more ]

Tesla's profit more than doubled in Q4 of 2023 compared to the previous year, mainly due to a tax benefit.

Profit from car sales slumped as Tesla cut prices to compete with rival automakers. [ more ]

Barcelona, Chelsea, and Arsenal have lost the most money through player transfers in world football over the last decade.

Lille made the most profit among clubs, while six Premier League clubs feature in the top 10 for losses. [ more ]

Chelsea are willing to let Armando Broja leave on loan with a potential permanent sale option.

Broja has interest from Wolves and Fulham, and Chelsea hope to make profit from his sale. [ more ]

The city of Chicago spent at least $3.5 million on the NASCAR race, but only received $620,000 in return.

NASCAR has made a verbal commitment to chip in an extra $2 million payment this year and next to help the city turn a profit. [ more ]

You don't always have to win your bet to make a profit.

Cashing out early can be a way to secure a guaranteed profit even if your bet doesn't win. [ more ]

Businesses that engage with niche markets experience increased profits, sales, and competitiveness.

Finding a niche market with potential for growth requires evaluating market demand and ensuring it is not too small to be profitable. [ more ]

Sage's shares climbed 10.3% after posting strong profit and revenue growth.

Sage's underlying operating profits rose 18% and margins increased by 20.9%.

Sage expects further growth in 2024 by efficiently scaling up their business. [ more ]

David Beckham's business has had a successful year with revenues more than doubling to 72.6m, but pre-tax profits fell due to increased expenses.

Victoria Beckham's fashion and beauty empire continues to require cash injections from shareholders. [ more ]

Negative news is profitable for journalists and media companies.

The assassination of JFK demonstrated the link between negative news and high ratings and profits. [ more ]