Amazon.com Inc. posted its lowest quarterly profit in a year as it invested heavily to meet consumer demand for more orders delivered faster.
Qualcomm Inc. and other chip makers are cutting deals furiously as cars turn into self-driving mobile computers. But the jury is out on whether the merger wave will help cars get smarter faster.
Traders work near where Baker Hughes is traded on the floor of the New York Stock Exchange (NYSE) in New York City, U.S. May 2, 2016.
But Amazon shares still fall in after hours trading. For its third quarter, Amazon Web Services reported sales of $3.2 billion, up nearly 55% from $2.08 billion for the year-ago period.
Federal authorities said Thursday they had dismantled a massive call-center scheme perpetrated by individuals in the U.S. and India who bilked thousands of Americans out of hundreds of millions of dollars by posing as Internal Revenue Service and ...