Business lobbyists are working to kill a tax measure embraced by Republican lawmakers that would punish companies based in countries that try to collect new taxes from American firms.

The profit and loss (P&L) statement is a financial statement that summarizes a company's revenues, costs, and expenses incurred during a specified period.

Superior Industries International Inc.'s stock plunged 72% Monday after the Southfield-based auto supplier reported its first-quarter earnings, the loss of contracts and that it's in talks with ...

Find the best profit-and-loss mortgage lenders for self-employed borrowers and business owners with non-traditional incomes.

A business bank statement tracks transactions, balances, and cash flow. Learn key components and tips for better financial management.

Taiwan Semiconductor Manufacturing Co logged record quarterly profit on Thursday and said it expects robust revenue growth in the first three months of the year as demand surges for chips used in ...

The profit-and-loss statement example from ATBS that follows includes valuable operating information -- percentage of revenue calculations for expenses, for instance.

Businesses adapt their income statements to their needs based upon the industry the business is in; service industry businesses could not use the same income statement template as manufacturing ...

Learn what an income statement is, its key components (revenue, expenses, profit), and why it's important for financial analysis.