Tag: Financial performance

What’s next for newspapers as COVID news cycle fades

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The Press & Journal, a weekly paper covering Middletown, a small town near Pennsylvania's capital, folded in July 2020 because its ad revenue collapsed...

With taxpayers’ help, Delta posts $652 million profit in 2Q

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Delta Air Lines is reporting a $652 million profit in the second quarter, helped by hordes of vacation travelers in the U.S. and money...

Wells Fargo swings to profit in 2Q, revenue rises

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Wells Fargo & Co. swung to a profit of $6 billion in second quarter, after reporting a loss in the same period a year...

Wells Fargo beats expectations with $6 billion profit in 2Q

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SILVER SPRING, Md. — Wells Fargo had its most profitable quarter in two years, easily beating Wall Street estimates as the global economy continues...

Citigroup profits soar due to fewer bad loans

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NEW YORK — Citigroup profits jumped more than five fold from a year earlier, helped by an improving economy that resulted in fewer bad...

Report: Appalachian states face billions in mining cleanup

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LOUISVILLE, Ky. — The cleanup and reclaiming of coal mines in seven Appalachian states will cost billions, and Kentucky and West Virginia have the...

Goldman Sachs 2Q profits beat forecasts; boosts dividend

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NEW YORK — Goldman Sachs had the second-best quarterly profit in the firm's history in the quarter ended in June, helped by a strong...

American Airlines forecasts better-than-expected 2Q results

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FORT WORTH, Texas — American Airlines said Tuesday it expects to report roughly break-even results for the second quarter thanks to $1.4 billion in...

JPMorgan’s 2Q profits more than double, beating expectations

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NEW YORK — JPMorgan Chase said its second quarter profits more than doubled from a year ago — a reflection of the improving global...

This Week: Delta earns, industrial production, retail sales

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A look at some of the key business events and economic indicators upcoming this week: ...