Shares in National Express owner jump as it starts sale of US school bus business
Mobico is selling its North American school bus business to reduce £1.2 billion debt, resulting in a share price increase.
Tesla Battery Supplier CATL Sees Positive Q2 Net Income
CATL's profit soared in Q2, leading to a 13.4% increase to $1.7 billion, surpassing expectations.
5 Strategies to Know As You Scale Your Business | Entrepreneur
Scaling is essential for service-based companies to increase profits by working smarter, not just harder.
The Drum's Daily Briefing: Adidas bounces back, Superdry restructure & Meghan in a jam
Adidas profits surged after ending Yeezy collaboration with Kanye West.
In the Face of U.S. Ban Threats, TikTok's Parent Company is More Profitable Than Ever
ByteDance reported a 60% increase in profit to over $40 billion in 2023, driven by TikTok's popularity in the U.S.
ByteDance is expanding its revenue streams through initiatives like TikTok Shop and features in its app Douyin in China.
Salt Bae restaurant charging nearly 700 for a steak cuts heating to save cash
Nusr-Et Steakhouse in London faces heating issues amid soaring energy bills
Despite cost-cutting efforts, Nusr-Et Steakhouse recorded a jump in profits
Milbank Spread The Wealth Through Salary Increases Because 2023 Was A Record Financial Year For The Firm
Milbank raised salaries to $225K baseline after a record-breaking year in 2023, with revenue growing by 17.8% to $1.514 billion and profits per equity partner jumping 18.6% to $5.114 million.
Milbank's success was driven by increased workload across the firm, with practices like private equity, energy and infrastructure, restructuring, and litigation seeing significant gains in 2023.
Workers at Premier Inn owner to protest at AGM against plans to cut 1,500 jobs
Workers plan to protest job cuts at Premier Inn owner's shareholder meeting despite rising profits.