revenue

BlackRock profit beats as assets grow to a record $9.5 trillion

BlackRock Inc (BLK.N), the world's largest asset manager, reported a better-than-expected quarterly profit on Wednesday as investors poured more money…

4 years ago

JPMorgan profit soars on recovery but questions linger over lending outlook, competition

JPMorgan Chase & Co (JPM.N) second-quarter profits jumped 155% as the U.S. economy continued to rebound, but executives warned on…

4 years ago

S&P 500 and Nasdaq end lower after hitting record highs

The S&P 500 and Nasdaq ended lower on Tuesday after hitting record highs earlier in the session, with investors digesting…

4 years ago

After COVID revenue collapse, Canadian municipalities face insurance premium spike

Canadian municipalities reeling from a pandemic-driven hit to revenues are facing an added blow from surging liability insurance costs, forcing…

4 years ago

Factbox: The challenges facing Amazon’s new CEO, Andy Jassy

Amazon.com Inc (AMZN.O) on Monday got a new chief executive: Andy Jassy, the mastermind behind its lucrative cloud computing division,…

4 years ago

Robinhood reveals breakneck growth, legal pitfalls in IPO filing

Robinhood Markets Inc on Thursday set the stage for its hotly anticipated IPO as it revealed rapid growth in users…

4 years ago

130 countries back global minimum corporate tax of 15%

Most of the countries negotiating a global overhaul of cross-border taxation of multinationals have backed plans for new rules on…

4 years ago

Krispy Kreme raises $500 mln after pricing U.S. IPO below range

Doughnut chain Krispy Kreme priced its initial public offering well below the planned range to raise $500 million, indicating a…

4 years ago

EXCLUSIVE Energy trader Mercuria posts record profit for volatile 2020

Mercuria Energy Group had a boom year in 2020, buoyed by the extreme volatility seen in oil markets caused by…

4 years ago

Musk set to tout Starlink progress as cost, demand hurdles linger

Don Joyce, a Nokia director working from home at a remote lake cottage in Canada, recently abandoned his painfully slow…

4 years ago