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Uber finally makes a profit off ride-sharing

Aug 1, 2023
Investors stuck with the company even when it was losing money, because they knew it had wormed its way into our everyday lives.
Uber became a verb before it became profitable.
Mario Tama/Getty Images

In the midst of inflation, companies continue to hike prices — and reap major profits

Apr 27, 2023
So far, price increases have not driven customers away. But there’s evidence that is starting to change.
While consumers are frustrated about continued price hikes, they still seem willing to spend.
Joe Raedle/Getty Image
One route to avoiding layoffs? "If businesses accept lower profit margins," said Wells Fargo economist Sarah House.
Andrew Caballero-Reynolds/AFP via Getty Images

How shareholders jumped to first in line for profits

Apr 25, 2022
A business theory helped put profits for shareholders ahead of other corporate interests.
Milton Friedman, one of the most influential economists of the 20th century.
PBS

Companies' costs are up, but for many, so are profits

Feb 3, 2022
That’s because for certain things …customers are just willing to pay more.
welcomia / Getty Images

Amazon sacrifices profits for faster shipping

Oct 25, 2019
The company's spending a lot of money to make sure you get your meat thermometer the same day you order it.
Two-day shipping used to be Amazon's signature. Now, its competitors offer the same.
Justin Sullivan/Getty Images

For public good, not for profit.

Banks count their blessings in recovery

Oct 12, 2018
Three big banks posted their quarterly results Friday. And they were good. When you hear that profits at a bank like JPMorgan Chase were up almost 25 percent, you have to wonder: Why? Well, one reason is banks are making a lot more from you and me. Click the audio player above to hear the […]
Andrew Burton/Getty Images

German bombing suspect tried to manipulate stock, officials say

Apr 21, 2017
He bought put options for the publicly traded Borussia Dortmund soccer team.
Police reconstruct the scene of the Dortmund bus bombing.
Lukas Schulze/Getty Images