Profits

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Tesla profits dropped 55%. Elon Musk is still optimistic : NPR

With his son in one arm, Tesla CEO Elon Musk waves while visiting the Tesla Gigafactory in Germany in March.…

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Business

Slash tax on profits from Russia’s frozen assets, US urges allies

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Business

Netflix profits surge after password-sharing crackdown

Stay informed with free updates Simply sign up to the Media myFT Digest — delivered directly to your inbox. Netflix’s…

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Business

Morgan Stanley buoyed by investment banking rebound as profits rise 14%

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…

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U.S. drugmakers lower U.S. taxes by shifting profits to overseas subsidiaries : Shots

The U.S. is the most lucrative market for drugmakers, but they often pay more in taxes overseas. Jim Watson/AFP via…

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Business

JPMorgan profits rise 6%

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…

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Politics

FTC calls out profits as a driver of grocery prices

A new Biden administration report is raising questions about the cause of rising food prices, which have squeezed U.S. households…

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Business

European bank shares hit six-year high on surging profits and returns

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Business

British Airways owner IAG reports surge in profits

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…

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Business

Diageo suffering inventory hangover as profits decline on Latin American drinks pile-up

Diageo, the group behind Jonnie Walker, Don Julio, and Guinness, knows a thing or two about hangovers. Unfortunately, it’s going…

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