• Greggs shared £200m with staff as ‘thank you’ bonus amid record profits last month

    GREGGS has been sharing its dough with staff, handing out more than £200million over the past 50 years. Britain’s biggest bakery chain has split ten per cent of its profits with workers ever since

  • Netflix: Profits soar after password sharing crackdown

    The streaming giant said it added 9.3 million subscribers in the first three months of the year.

  • Tesla Profits Tumble But Shares Rise On New Vehicle Plan

    Tesla reported a big drop in quarterly profits Tuesday amid an increasingly cutthroat electric vehicle market, but shares rallied as CEO Elon Musk pledged to accelerate plans for a more affordable EV.Tesla reported profits of $1.1 billion, down 55 percent from the year-ago quarter on revenues of $21.3 billion, down nine percent as the company described EV sales as "under pressure."But shares rocketed up more than 11 percent in after-hours trading after Tesla pledged to "accelerate" new more...

  • Tesla profits tumble but shares rise on new vehicle plan

    Tesla reported a big drop in quarterly profits Tuesday, pointing to elevated pressure on the electric vehicle market that has led to deep cost-cutting. But shares of Elon Musk's EV company rallied after Tesla signaled pledged to "accelerate" new more affordable autos -- something Wall Street analysts have been clamoring

  • A Taxing Timeat Tax Time

    Was it as bad for you as it was for me? Sending Washington money we earn, but Washington doesn’t, I mean? It’s not just being part of half the nation that pays taxes while the other half doesn’t that bothers me. It’s the waste and unnecessary programs and agencies that have long outlived whatever usefulness they once had (if they were ever necessary). And still President Biden wants to raise taxes even more without proposing a single dollar be cut to reduce our unsustainable $34 trillion debt. ...

  • A Taxing Timeat Tax Time

    Was it as bad for you as it was for me? Sending Washington money we earn, but Washington doesn’t, I mean? It’s not just being part of half the nation that pays taxes while the other half doesn’t that bothers me. It’s the waste and unnecessary programs and agencies that have long outlived whatever usefulness they once had (if they were ever necessary). And still President Biden wants to raise taxes even more without proposing a single dollar be cut to reduce our unsustainable $34 trillion debt. ...

    • CNBC

    Kering shares sink 9% after profit warning on declining Gucci sales

    Shares of French luxury group Kering sank more than 9% Wednesday after the company warned it expects a sharp downturn in first-half profits as demand for its Gucci brand continues to wane.

    • CNBC

    DJT stock plunges 8% as Trump qualifies for 36 million bonus shares

    Trump will receive an additional 36 million shares, worth about $1.15 billion, if the stock closes above a $17.50 minimum share price.

  • Netflix's password-sharing crackdown is paying off as profits beat Wall Street's forecast

    Netflix's victory lap as the leader in streaming continued Thursday, as the company said it increased its subscriber base by 9.3 million to nearly 270 million in the first quarter. Revenue was up 15% to $9.37 billion in the first quarter, the Los Gatos, Calif., streamer reported. Net income was $2.3 billion, compared with $1.3 billion in the same period in 2023. The company beat Wall Street's estimates on revenue, subscriber additions and net income. Analysts on average had projected that...

  • Government must listen to UK’s fintech stars and scrap the share tax

    The government must listen to the likes of Monzo, Revolut and Oaknorth and scrap stamp duty to help boost the London Stock Exchange.

  • County Schools Superintendent Hits Friction On Request For County To Boost Education Tax Share

    County Schools Supt. Justin Robertson ran into some friction Wednesday when he requested that the county up its percentage of the property tax that goes for schools.

  • City minister dismisses calls to axe the share tax after top fintechs push for action

    The City minister doubled down on the Treasury’s contentious tax on share trading yesterday after a group of the UK’s top fintech firms called for the charge to be dropped.