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Stories published on Jun 18
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  • Stories published on Jun 18

Tuesday, Jun 18

22

Boeing’s stock falls as lawmakers blast CEO Calhoun for ‘strip mining’ company for profits

www.marketwatch.com

Boeing employee Sam Mohawk is alleging that the company is improperly tracking airplane parts that for safety reasons should not be installed on airplanes.

PayPal Faces Decline in Active Users Despite Profit Growth

newsghana.com.gh

News Ghana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://newsghana.com.gh/paypal-faces-decline-in-active-users-despite-profit-growth/PayPal, the fintech giant, has faced a notable decline in its active user base,…

AICrete Launches Sustainable Concrete Mobile App. Customers can now cut CO2 by up to 20% and double profit margins anytime, anywhere.

www.prweb.com

AICrete customers can now cut CO2 by up to 20% and double profit with AICreteOS for mobile, a fully functioning quality control and concrete optimization platform. RICHMOND, Calif., June 18, 2024 /PRNewswire-PRWeb/ -- AICrete, the leader…

21

Boeing CEO admits mistakes as senator rips planemaker: ‘Culture continues to prioritize profits’

nypost.com

It is the first time Calhoun has faced lawmakers' questions and puts the spotlight on Boeing's souring safety reputation and the departing CEO who is expected to leave by year's end following a management shakeup.

UK media firm owned by Ireland legend Denis Irwin reports profits of €1.8 million

www.irishmirror.ie

The former Manchester United defender is a director of JDI Promotions Limited, which boosted its cash pile by almost €310,000 last year, according to newly-filed accounts

20

Russian banks’ profit forecast reconsidered — Central Bank

tass.com

"Considering business growth, slightly declined margin and historically low deductions to provisions, we increased the profit forecast for 2024 to 3.1-3.6 trillion rubles," the regulator informed

19

BUSINESS LIVE: Ashtead posts record profits; Whitbread's UK sales flatline; SThree hit by challenging market

www.dailymail.co.uk

The FTSE 100 closed up 49.14 points at 8191.29. Among the companies with updates today are Ashtead, Whitbread, SThree, AstraZeneca, Woodside Energy and Melrose.

CMOs Discuss How Customer Service Drives Franchisee Profits

www.franchising.com

By offering high-quality products and services, franchisors provide profitable revenue streams for franchisees

18

Geregu Power targets N9.874bn Q3 profit amid financial forecast

dailytimesng.com

Cash-rich Geregu Power Plc has estimated a total profit of N9.87 billion for the third quarter of 2024, according to the company’s regulatory filing submitted to the Nigerian Exchange, NGX. Its profit target is projected for a total…

Leading privacy firm launches foundation and goes non-profit

www.tomsguide.com

Proton, an industry leader in digital privacy, and creator of one the best VPNs, has announced a big change in the way that it operates. It's going the non-profit route.

Australia’s biggest companies made nearly $100bn in ‘crisis profits’ amid Covid and Ukraine war

www.theguardian.com

Oxfam analysis finds Woolworths, Hancock Prospecting and NAB among companies to rake in much higher profits off the back of crisis conditions

16

Boeing bosses accused of ‘strip mining’ company for profit in Senate hearing

www.theguardian.com

Senators also say executives ‘sticking it to your employees’ as another whistleblower comes forward

Premier Inn owner faces protests over job cuts despite profits boom

news.sky.com

Premier Inn owner Whitbread is facing protests at its annual general meeting over plans to cut 1,500 UK jobs.

SU Group Set to Expands Market Reach and Profit Margins with Exclusive Distribution Agreement

www.benzinga.com

HONG KONG, June 18, 2024 /PRNewswire/ -- SU Group Holdings Limited (NASDAQ:SUGP) ("SU Group" or the "Company"), an integrated security-related engineering services company in Hong Kong, today announced it has expanded its security products…

14

Bitcoin Miners Face 8.4% Profit Decline Amid Falling Hashprice and Market Pressures

news.bitcoin.com

In the last three days, bitcoin miners have experienced an 8.4% drop in profits, echoing a decrease in bitcoin prices. Since then, the network’s hashrate has fallen below the 600 exahash per second (EH/s) mark. Price Drop Squeezes Bitcoin…

Atom bank slams major banks 'indifferent' service as it posts record profits

www.mirror.co.uk

The app-based bank has introduced a four-day working week for its 500 employees, without altering their salaries. The firm stated this change resulted in an increase in job applications

Ashtead sees profits drop and cuts outlook amid talk of possible US listing

www.mirror.co.uk

The firm posted a 2% fall in underlying pre-tax profits to $2.23 billion (£1.76 billion) for the year

How billionaires are racing to profit from space

inews.co.uk

From Moon mining to spy satellites - inside the billionaires' race for dominance in space

Adobe Slapped With New FTC Lawsuit For Prioritizing Profits Over Customer Service And Charging Users Hidden Fees

A new lawsuit from the FTC is being rolled out in tech giant Adobe’s direction. The company is being accused of prioritizing profits over customer service and charging hidden fees that users had no clue about when signing up. The FTC…