Discover how gross profit and operating income differ and why both are crucial in assessing a company’s financial health. Get ...

To increase profits, businesses must do to things: boost revenue and reduce costs. The act of reducing costs can be painful, as it often means doing without something you would prefer to have. However ...

Small-business owners must keep a close eye on cash reserves and both fixed and variable expenses. Even if you don't have a vision of expanding into a multinational corporation with thousands of ...

t doesn't take a rocket scientist to figure out why most of the major U.S. airlines are gung-ho about cutting costs and will continue to be until they find a way to increase revenue. But it might take ...

Mini excavators have become ubiquitous in the last decade and therefore are a good test case for examining some of the tools available to managers to help keep operating costs down. There is no ...

The cost of operating cargo ships rose marginally in 2017 following two consecutive years of falls, but ship owners should prepare for higher costs led by a spike in insurance premiums, according to ...

Vessel operating cost inflation has accelerated in 2022 on mounting worldwide macroeconomic price pressures, despite some receding of Covid-19 related costs, according to the latest Ship Operating ...

Pilot skill helped a packed Air France A380 survive an engine explosion and emergency landing last week. But that may not be enough to ensure the survival of the superjumbo species, as millions of ...

Lockheed Martin is confident the F-35 stealth fighter’s operating cost will be cut to $25,000 per hour by 2025 if the Joint Program Office that manages the aircraft agrees to a performance-based ...

The U.S. military is not only the world’s most advanced force, but it is also the busiest and most widely deployed. The Defense Department’s constant commitments leave it caught in a metaphoric ...