Net Income

Ford Projected to Lose $4.5 Billion on Electric Vehicle Line

The company still made a net income of $1.9 billion in the second quarter of 2023.

Largest Big Pharma Companies Made $82 Billion in 2022

An analysis by Accountable.US found that the five largest pharmaceutical companies in the United States made $82 billion in 2022.

Tennessee Gov. Lee Signs Record $400M Tax Cut, Includes Grocery Tax Holiday

This historic legislation aims to support future economic growth in the state and includes a three-month grocery tax holiday beginning on Aug 1.

WEF-Partnered BlackRock Passes $9 Trillion in Assets Under Management

Net inflows of financial asset manager with ownership in virtually every major corporation totaled $110 billion in first quarter.

Oil Giant Saudi Aramco Posts $161 Billion Profit for 2022, Climate Activists Outraged

Climate activists reacted with equal measures of anger and despair Sunday at the news oil giant Saudi Aramco achieved record profits totalling $161.1 billion last year.

U.S. Oil Producers Enjoy Most Profitable Six Months Ever

They reaped a windfall of hundreds of billions of dollars since February, according to the report.

BlackRock – The Fed’s Wall Street Croupier

Central banks have not merely inflated the bejesus out of assets prices. They have also caused the very foundations of financial markets to metastasize, yielding an endless array of new products that have no real economic function except to facilitate new forms of pure wagering.

Here’s what happens when Medicare, Social Security run out of money

Changes 'should be enacted sooner rather than later to minimize the impact on beneficiaries' The Social Security and Medicare trust funds are expected to soon...

TSLA Slides After Beating EPS, But All “Net Income” Comes From Sale Of Reg Credits And Bitcoin

As we previewed earlier, Wall Street expectations from TSLA's earnings today are rather stratospheric, but as Bloomberg notes, even if the company misses big, the S&P 500 likely won’t be in the doldrums tomorrow because of it. Why? Simply put, the electric-vehicle maker matters less than other high-profile stocks in the broad market gauge.

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