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 SEEQC

CIO Upside

SEEQC Wants to Make Quantum Computing Less Complicated

The startup raised $30 million from Booz Allen Hamilton Ventures, NordicNinja and others.

2 min read
Photo by Amanz via Unsplash

Advisor Upside

Schwab, Blackstone Among Firms Fined By SEC Over Off-Channel Comms

The controversial enforcement actions have been called a “cash cow” by Commissioner Hester Peirce.

2 min read
Photo by Mattbuck via CC BY-SA 2.0

Advisor Upside

JPMorgan, Citi, Wells, Goldman Crush Q4 Earnings

Wall Street ended 2024 on a high note, providing investors with a sigh of relief as we enter the new year.

1 min read

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