Profits

Autos

Mercedes-Benz Profits Drop More than 50% in Third Quarter

Photo by Manuel Pappacena via Unsplash

Mercedes-Benz is en route to cut costs after profits in the third quarter more than halved year-over-year due to weaker demand in China.

1 min read

Photo by wombatzaa via iStock

Consumer

Gym Group Finally Profitable Again Post-COVID

The Gym Group announced on Wednesday that in the first six months of this year it swung back to a profit for the first time since 2019.

1 min read

Photo via Connor Lin / The Daily Upside

Media & Entertainment

2024: The Year Streamers Cracked Live Programming

For years, traditional cable had one trump card against the upstart streamers devouring their business: live programming. Not anymore.

2 min read
Photo by Matthew G. Bisanz via CC BY-SA 3.0

Banking

2024: The Year a Rising Star of US Banking Had Its Wings Clipped

TD Bank was fined more than $3 billion by regulators in October in what’s arguably the biggest banking scandal of the year.

2 min read
Photo by Boggy22 via iStock

M&A

2024: The Year Europe’s Bank Merger Dominoes (Maybe) Started to Fall

Europe’s bank M&A scene has been noticeably stagnant for a while, but that could all be about to change next year.

2 min read

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