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The results were above estimates and demonstrated that Goldman Sachs -- like Morgan Stanley, Bear Stearns and Lehman Brothers, which all reported earnings last week -- would continue to rely on trading gains to sustain broader profitability until the stock market revival gathered more steam and broader commercial business improved.
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Policy makers stopped short of removing the ceiling on deposit rates, which analysts say would have much broader repercussions for the profitability of the country's giant banking industry and for the continued access of politically influential state-owned enterprises to low-cost financing.
The wind energy company, which first signaled its intention to go public way back in 2008, was expected to IPO this week but several analysts and media reports questioned investor demand, citing a heavy debt load, a lack of profitability and broader challenges in the sector.
Sony has been struggling with broad challenges to its profitability as the TV, console and smartphone market see increased competition.
Sony's television business — rebuilt brick by brick, or at least time slot by time slot — is now driving profitability at the broader studio.
Mr. Remnick and David Carey, the publisher of The New Yorker, say they believe that a recovery in the broader ad market will bring profitability.
Under Roger Ames, who has been chairman of Warner Music for four years, the company has undergone a broad restructuring and improved its profitability.
But he should stress that a future with no jobs or lousy jobs for most Americans is not sustainable — not even for American corporations, whose long-term profitability depends on broad-based domestic demand.
The downward trend in profitability was relatively broad: slightly more than half of all insured institutions (50.4percentt) reported year-over-year declines in quarterly earnings.
Following a trend that is spreading across Germany, Volkswagen said that it planned to increase its working week to 35 hours from 28.8 hours without a pay increase as part of a broad revamping program aimed at increasing profitability.
He is also a publisher who is deeply involved in content and comfortable with the arcane details of a manuscript, skills that may be less important in his broader role overseeing Hachette's direction and profitability.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com