Tag Archives: Profits

Beaten-down carmakers smell fatter profits under Trump  Axios How carmakers are becoming the biggest losers in Trump’s trade war  Financial Times Tariffs are bad policy – and Trump keeps making disastrous trade deals because of it | Opinion  USA Today How long can Ford and carmakers hold off on bigger price hikes due to tariffs?  Detroit Free Press Automakers are starting to reveal how …

Warren Buffett’s company reported less than half as much profit in the second quarter as it took a $3.76 billion writedown on the value of its stake in Kraft Heinz, as that iconic food producer considers largely undoing the merger that Berkshire Hathaway helped bankroll. Berkshire said it earned $12.37 billion, or $8,601 per Class A share, during the quarter. That’s down …

Berkshire Operating Profits Fall 4% in 2nd Quarter. Company Takes Write-Down of Kraft Equity Stake.  Barron’sView Full Coverage on Google News Source link

By Pritam Biswas and Arasu Kannagi Basil (Reuters) -Visa and Mastercard are expected to report higher quarterly profits this week on steady consumer spending, and analysts will scrutinize how demand for travel and discretionary purchases is shaping up in the face of tariff uncertainty. The results from the world’s biggest payment processors will help flesh out the broader financial outlook …

Customers line up in front of the Laopu Gold Store in Shanghai, China, February 27, 2025. Cfoto | Future Publishing | Getty Images Shares of Laopu Gold fell to their lowest levels since May 20 after the Chinese jewelry upstart forecasted its net profit for the first half of 2025 would increase between 279% and 288% year over year, or between RMB 2.23 …

China’s Industrial Profits Drop for Second Month Amid Price Wars  Bloomberg.com China’s industrial profits fall further in June  Yahoo Finance China’s Industrial Profit Slump: Navigating Overcapacity and Policy-Driven Opportunities in Resilient Sectors  AInvest China’s industrial profits down 1.8% in H1  China Daily – Global Edition China’s industrial business revenue up 2.5 pct in H1  bastillepost.com Source link

China’s industrial profits fall further in June  Reuters China’s Industrial Profits Drop for Second Month Amid Price Wars  Bloomberg.com China’s Industrial Profit Slump: Navigating Overcapacity and Policy-Driven Opportunities in Resilient Sectors  AInvest China’s industrial profits down 1.8% in H1  China Daily – Global Edition Profit decline of China’s major industrial firms narrows in June, with faster growth in emerging sectors led by equipment manufacturing: …

Japan says profits from US investments in trade deal to be shared according to contributions  Reuters Trump Commerce Secretary Lutnick says U.S. auto CEOs are ‘cool with’ higher tariffs than Japan  CNBC Fact Sheet: President Donald J. Trump Secures Unprecedented U.S.–Japan Strategic Trade and Investment Agreement  The White House (.gov) Deals, but no details: Trump’s trade negotiations are big on numbers, light on …

In new memo, Microsoft CEO addresses ‘enigma’ of layoffs amid record profits and AI investments  GeekWire Microsoft’s Satya Nadella says job cuts have been ‘weighing heavily’ on him  CNBC Read Microsoft CEO’s memo to staff explaining why the tech giant is laying off workers while making huge profits  Business Insider Satya Nadella seeks to reassure Microsoft employees in layoffs memo  The Verge Satya Nadella …

Microsoft CEO Satya Nadella sent a note to employees on Thursday explaining why the company has cut thousands of jobs while generating huge profits and spending billions on AI. “This is the enigma of success in an industry that has no franchise value,” Nadella wrote. “Progress isn’t linear. It’s dynamic, sometimes dissonant, and always demanding. But it’s also a new …