The World’s 20 Most Profitable Companies
by visualcapitalist The biggest chunk of the earnings pie is increasingly split by fewer and fewer companies. In the U.S. for example, about 50% of all profit generated by public companies goes to … Read more
profitable
The most profitable business in the world
by Simon Black More than 5,000 years ago on a hilltop located in modern-day Georgia (the country, not the state), a group of people from the prehistoric Kura-Araxes civilization gathered their … Read more
60 Profitable Fortune 500 Companies Avoided All Federal Income Taxes in 2018.
via @IvoValkenburg: itep.org/notadime/
60 Profitable Fortune 500 Companies Avoided All Federal Income Taxes in 2018
For decades, profitable Fortune 500 companies have manipulated the tax system to avoid paying even a dime in tax on billions of dollars in U.S. profits. This ITEP report provides … Read more
With net income of $111.1 Billion, Saudi Aramco Confirmed as World’s most Profitable company
via FT: Saudi Aramco has for the first time disclosed the financial performance it has kept secret for three-quarters of a century, revealing that the kingdom’s state oil company generated … Read more
Is Lyft profitable?
Of course not. Neither are most other overhyped #IPOs in the pipeline. Last yr had the highest percentage of $$-losing cos. selling shares ever in fact. Yet many investors either … Read more
Vice Media cuts 10 percent of its staff in push to become profitable
via washingtonexaminer: Vice Media is laying off 10 percent of its staff as part of a plan to become profitable. The company will cut about 250 people of its 2,500-person staff, … Read more
Peak Bubble? Blue Apron Claims To Be “Profitable” When You Ignore Most Costs And Declining Sales
via MarketWatch: Stock rockets 38% after company says it can be profitable based on a non-GAAP metric that ignores losses and falling sales Meal-kit provider Blue Apron Holdings Inc.‘s shares … Read more
The Most Profitable Industry in Every U.S. State
via visualcapitalist: A glance the leading industries in the U.S. reveals a few surprises – and less diversity than you might think. Today’s graphic from HowMuch.net uses data from GO Banking Rates and the U.S. … Read more
Mapping the Most Profitable Industry in Each U.S. State
by howmuch Diversification is a broadly accepted investment strategy designed to hedge against risk. If you invest all your money in one company or one industry, you flirt with disaster … Read more
The USPS profitable if it was required to run like any other private OR public business.
The lie that the USPS is taking billion dollar losses every year because the business model isn’t sustainable is Bullshit. The reason USPS is in the red every year is … Read more
How Profitable Are the World’s Top Crypto Exchanges?
by howmuch According to estimates, calculated by Bloomberg, the top ten cryptocurrency exchanges are bringing in as much as $3 million per day in profit. Considering that cryptocurrency did not even … Read more
The Equifax data breach – which affected literally half of America – will probably turn out to be profitable for Equifax.
Why? Thanks to a last-minute change, an amendment to the bill (meant to punish Equifax) offered by its author, Senate Banking Committee Chairman Mike Crapo. That’s the basic gist of … Read more
Aaron Clarey – Lies Are More Profitable Than Truth
from Financial Survival Network Aaron Clarey, a/k/a Captain Capitalism joined us today. While it might be more personally satisfying and will always strengthen your integrity, let’s face the facts, lying is more … Read more
Why the US bombed Syria: "It was just for show and to keep the military industrial complex going. This is a perpetual war, and it's a profitable thing for certain people."
NSA whistleblower William Binney doesn’t mince words here…he’s quite confident that the military industrial complex is in full control of US foreign policy. Trump is proving to be the perfect … Read more
The Big Pharma Family that Brought Us the Opioid Crisis — We’re not talking El Chapo or any of his drug-running buddies. We’re talking about the mega-billionaire family behind one of America’s most profitable drug-industry empires, the privately held Purdue Pharma.
The Sackler family are the founders of Purdue Pharmaceuticals, the Big Pharma giant that is one of the biggest purveyors of the ultra-addictive Oxycontin drug. They have profited immensely … Read more