Corporate profits

Labor productivity, household incomes and corporate profits: and who is the winner?

By Doug Short Yesterday the Bureau of Labor Statistics released preliminary data for the first quarter Productivity and costs. We learned that the main measure, labor productivity of the non-farm business sector, declined at an annual rate of 1.9% during the first quarter of 2015. Let’s take a look at the full data series of […]

Annual profits

BT posts rising annual profits.

LONDON – British telecommunications and broadcasting company BT, which is buying mobile operator EE, reported higher annual profits on Thursday due to strong demand for its broadband internet services. Underlying profit, or earnings before interest, tax, depreciation and amortization (EBITDA), rose 3% to £6.3 billion ($9.5 billion, €8.4 billion) in the 12 months ending March, […]