A 2023 Model X sports-utility vehicle sits outside a Tesla dealership Sunday, June 18, 2023, in Englewood, Colo. David Zalubowski/AP hide caption toggle caption David Zalubowski/AP Tesla on Wednesday reported a drop in its profit during the second quarter, as the electric vehicle maker continues to struggle despite CEO Elon Musk’s pivot back to focusing on his companies after his …
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Coca-Cola plans cane-sugar Coke as higher prices boost profits – Reuters
Coca-Cola plans cane-sugar Coke as higher prices boost profits Reuters Coca-Cola is releasing a Trump-approved new version of its soda CNN What Is High-Fructose Corn Syrup The New York Times Here’s how Coke using sugar instead of corn syrup could affect your health Axios Coca-Cola confirms a cane-sugar version of its trademark cola is coming to the US AP News Source link
Read More »For Sale: Trump is leveraging power of his office to reap profits for family businesses
WASHINGTON (AP) — If one theme has emerged in President Donald Trump’s second term, it’s this: He’s leveraged the power of his office for personal gain unlike anyone before in history. From crypto coins to bibles, overseas development deals to an upcoming line of cellphones, Trump family businesses have raked in hundreds of millions of dollars since his election, an …
Read More »Bank of America Posts Better Profits, But Lower Revenue, Than Expected
Bank of America (BAC) on Wednesday reported better second-quarter profits than analysts had projected, while revenue and net interest income fell just short. The firm said Wednesday it earned $0.89 per share in the second quarter, beating estimates by 4 cents, while revenue was up 4% from the same time a year ago to $26.46 billion, slightly below the analyst …
Read More »US companies in China decry overproduction as price war hits profits – Financial Times
US companies in China decry overproduction as price war hits profits Financial TimesView Full Coverage on Google News Source link
Read More »Goldman Sachs profits jump 22% on investment banking revival – Financial Times
Goldman Sachs profits jump 22% on investment banking revival Financial Times Goldman Sachs tops estimates as traders generate $840 million more revenue than expected CNBC Goldman Sachs Profit Surges, Powered by Trading, Investment Banking Revenue The Wall Street Journal Trading and dealmaking boosted Goldman profits as Wall Street overcame Trump tariff chaos Yahoo Finance Goldman’s profit tops estimates as market turbulence powers record equities …
Read More »Bitcoin Stalls as Traders Book Profits Amid Jerome Powell Succession Talks
In brief Bitcoin dropped 4.5% from its all-time high to $117,250 as traders locked in profits and exchange inflows surged. Sticky inflation and Fed uncertainty added pressure, with June CPI rising to 2.7%, dimming hopes of rate cuts. Powell’s potential replacement is becoming a political flashpoint, with Treasury Secretary Bessent confirming a formal succession process is underway. Bitcoin’s dip on …
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