Financial Performance

Wall Street bonuses fall over $30K despite profit upturn

Mar 26, 2019

New York state's comptroller says the average bonus paid to Wall Street security industry employees dipped by more than $30,000 despite an 11 percent increase in securities industry profits in 2018

FedEx profit falls, CEO calls the results disappointing

Mar 19, 2019

FedEx shares fall in late trading after the company reports a drop in profit and cuts its full-year outlook again

Ford shifting 550 jobs to boost SUV production in Kentucky

Mar 19, 2019

Ford Motor Co. says it will shift 550 jobs to its Kentucky Truck Plant in Louisville to boost production of its Expedition and Lincoln Navigator to meet growing demand for its SUVs

Prada's revenues buoyed by refined digital strategy

Mar 15, 2019

The Prada fashion group says revenues grew by 6 percent last year as the company honed its social media strategy to draw in customers

European car sales sink for 5th straight month

Mar 15, 2019

European car sales have fallen for the sixth straight month, amid modest increases in three key markets

Markets Right Now: After a slow start, stocks turn higher

Mar 14, 2019

Stocks shook off a wobbly start and were moving slightly higher in midday trading on Wall Street.

Dubai-based port firm DP World reports $1.29B profit in 2018

Mar 14, 2019

Global port operator DP World says its profit rose 10 percent in 2018 despite worldwide tensions over trade, Brexit fears

Etihad Airways loses $1.28B in 2018 in third year of losses

Mar 14, 2019

Abu Dhabi-based long-haul carrier Etihad Airways says it lost $1.28 billion in 2018, third consecutive year of losses

With lawsuits looming, OxyContin maker considers bankruptcy

Mar 13, 2019

The company that made billions selling OxyContin says it is considering bankruptcy protection as trial dates for opioid lawsuits get closer

US retail sales up just 0.2 pct. as consumers stay cautious

Mar 11, 2019

US retail sales rise a slight 0.2 percent in January as consumers stay cautious

The Budget Report seeks to provide comprehensive coverage and analysis on the current economic, financial issues around the world. First hand finance and economic news all day, every day.

Contact us: