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Tag Archives: profitable

Spotify, the leading music streaming app, is finally profitable

Spotify is trying to become a podcast giant with two new acquisitions – and we've got some suggestions – but first, it's an important milestone in its music streaming business. Today, the company reports for the first time that it has brought profit. Correct: After about 13 years and 96 million paid subscribers, Spotify finally earns money. If you did …

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Tesla's profitable quarter was not translated for Panasonic

Enlarge / Visitors inspect a Tesla Co., Panasonic-branded, electric car equipped with Panasonic batteries at the Panasonic Corp. booth. at IFA Consumer Electronics in Berlin, Germany, on Friday, September 1, 2017. In the third quarter of 2018, Panasonic lost $ 65 million in the branch that produces battery cells for use with Tesla's electric vehicles. so The Wall Street (19459015) …

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Deutsche Bank expects to be profitable in 2018

Deutsche Bank AG DB -0.19% announced a profit decline of 65% to 229 million euros ($ 263 million) in the third quarter, as a slump in trading volumes under German lenders threatened to cut costs and stabilize earnings According to analysts, European banks are likely to lag behind their US counterparts. Expectations for Deutsche Bank are among the lowest as …

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Thomas Markle proves how profitable a Royal Relative can be

Maybe everything that interests Meghan Markle's annoying father is money. So why are not the royals trying to pay him? It's not like they did not do that before. In his interview with the Sun on Sunday Thomas Markle showed an ingenious understanding of the cause of the problems between him and his daughter and the British royal family; his …

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American banks had their most profitable quarter ever

American banks are making record profits just as Congress is preparing to cut back on regulations. Bank profits rose 28% to $ 56 billion in the first three months of 2018. according to statistics published by the FDIC on Tuesday. The blockbuster earnings report, backed by President Donald Trump's tax cuts and the healthy economy, surpassed the previous record only …

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