New York Daily News |
Amazon Plows Ahead With High Sales and Spending; Profit Plunges
New York Times (Reuters) – Amazon.com Inc on Thursday reported a jump in retail sales along with a profit slump, as its rapid, costly expansion into new shopping categories and countries showed no sign of slowing. The world's largest online retailer posted second … Amazon: Ugly Q3 Guidance Easily PredictedSeeking Alpha Amazon.com Punts on Profits to Scale Up FasterMotley Fool Amazon's Earnings Show That It's Cashing In on Wall Street's GoodwillTheStreet.com Fox Business –Benzinga –New York Post –eWeek all 205 news articles » |
Reuters |
Wells Fargo to refund $80 million to customers hit by car loan insurance
Reuters FILE PHOTO – A man walks by a bank machine at the Wells Fargo & Co. bank in downtown Denver, Colorado, U.S. on April 13, 2016.Rick Wilking/File Photo. (Reuters) – Wells Fargo and Co said it would reimburse about $80 million to 570,000 customers who … Wells Fargo to compensate car loan customers forced to buy auto insuranceCNBC Wells Fargo Forced Unwanted Auto Insurance on BorrowersNew York Times Wells Fargo Returns $80 Million to Car-Loan Customers Charged for Unneeded InsuranceTheStreet.com Business Wire (press release) –Charlotte Observer –Nasdaq –Motley Fool all 291 news articles » |
Recode |
Meg Whitman says she will not be Uber CEO (again)
Recode Meg Whitman will not be CEO of Uber, she said more definitely tonight via, you guessed it, Twitter. Earlier this week, the Hewlett Packard Enterprise CEO released a statement that said she was committed to staying there. But the noise around Whitman … Meg Whitman Says She's Not Heading to UberFortune Uber's Next CEO? Meg Whitman Says It Won't Be HerNew York Times GE's Jeffrey Immelt Is on Uber's CEO ShortlistBloomberg CNBC –TechCrunch –Boston Business Journal –Nasdaq all 104 news articles » |
MarketWatch |
Intel earnings have message for AMD and Nvidia: 'Bring it on'
MarketWatch For all the talk about Intel Corp. facing an onslaught of new competition, the chip giant just answered back with record financial results that carried a message: “Bring it on.” Intel INTC, +0.63% Chief Executive Brian Krzanich delivered that message … Intel Earnings Beat Street, Despite Worldwide Dip in PC SaleseWeek Intel Finds Room to Boost Revenue — 2nd UpdateFox Business Samsung Dethrones Intel As World's Biggest Chip MakerFortune Seeking Alpha –HPCwire (blog) –Markets Daily –Financial Times all 313 news articles » |
New York Times |
SpaceX Is Now One of the World's Most Valuable Privately Held Companies
New York Times A SpaceX Falcon 9 rocket lifted off from Kennedy Space Center in Cape Canaveral, Fla., on July 5. Credit Craig Bailey/Florida Today, via Associated Press. SAN FRANCISCO — SpaceX, the rocket maker founded by billionaire Elon Musk, has raised up to … Why Zuckerberg and Musk Are Fighting About the Robot FutureThe Atlantic Why Elon Musk Is Wrong About AIFortune SpaceX now valued at $21 billionCNNMoney MIT Technology Review –The Verge –The Economist –Fox Business all 60 news articles » |
Forbes |
Starbucks Shutters All 379 Teavana Stores
Forbes Today's announcement that Starbucks would close its Teavana outlets (379 stores, 3,300 employees) marks the second time this year that the Mermaid has announced a course correction. Back in February, Starbucks finally gave up on its five-year-old … Starbucks to own 100% of its China stores after buyout dealBBC News Starbucks puts spotlight on China as US growth coolsNew York Daily News Starbucks closing all 379 Teavana stores, expanding in ChinaOregonLive.com whnt.com –UPI.com –Patch.com –KING5.com all 149 news articles » |
NPR |
Prime Spot On The Billionaire List: Jeff Bezos Was (Briefly) World's Richest Man
NPR Amazon founder and CEO Jeff Bezos became an even richer man on Thursday morning, when a sudden surge in Amazon stock made him $1.5 billion overnight. His fortune grew to over $90 billion. For several hours, Bezos was the richest person on earth … Bezos knocks Gates off perch as richest person in the world — for a few hoursWashington Post Jeff Bezos' brief stint as world's richest human ends with Amazon's second-quarter whiffTechCrunch Amazon's earnings miss means Jeff Bezos is no longer world's richest personThe Verge CNET –WIRED –MarketWatch –Slate Magazine all 375 news articles » |
Washington Post |
Speaker Ryan admits defeat, giving up on border adjustment tax
Washington Post House Speaker Paul D. Ryan (R-Wis.) has agreed to jettison one of the most controversial aspects of his tax overhaul plan, clearing the way for the White House to move forward on its plans for sweeping tax cuts later this year. After months of talks … Tax reform: Is that all there is?Politico Ryan Gives Up on Border-Adjusted Tax on Imports After AttackBloomberg White House and GOP leaders tout deal to cut taxes, but offer no detailsUSA TODAY Roll Call –Forbes –AOL –Pittsburgh Post-Gazette all 145 news articles » |
Business Insider |
McDonald's swift to respond in China after moldy ice cream maker pictures go viral in US
Business Insider SHANGHAI (Reuters) – Viral photos and news reports in the United States allegedly showing a moldy ice cream maker at a U.S. outlet of McDonald's Corp have prompted swift action from the fast-food giant thousands of miles away: in China. The firm's … Twitter – T.coT.co Social Media Policy – McKeough GroupMcKeough Group nick on Twitter: "This came out of McDonald's ice cream machine in case y'all were wondering… https://t.co/DTXXpzE7Ce"Twitter HuffPost all 57 news articles » |
Bloomberg |
Daimler Earnings Miss Estimates as Truck Division Profit Falls
Bloomberg Daimler AG, reeling from allegations of decades-long collusion with other German carmakers, missed second-quarter operating-profit estimates amid a drop at its commercial-vehicle divisions and spending on new automotive technology. Earnings before … Daimler Misses Q2 Earnings Estimate Despite Record Mercedes-Benz SalesTheStreet.com Daimler Q2 EBIT lags despite record Mercedes-Benz salesCNBC Daimler Profit up Slightly as Truck Business LagsU.S. News & World Report Nasdaq –Financial Times –Hong Kong Standard (press release) –BangaloreWeekly all 10 news articles » |