Exxon Mobil Corp. XOM -2.07 % said its quarterly profit dropped 60%, again plumbing a new low since the 1999 merger of Exxon and Mobil, as the oil giant remains racked by low energy prices.
Just two years ago, the sole story of Amazon's second quarter would have been the nearly $900 million in profit that it generated.
NextEra (NEE) stock is advancing this morning as the electric power company announced it would purchase Energy Future Holdings and its stake in Oncor for $18.4 billion.
Alphabet's recent partnership with Fiat Chrysler to build self-driving car technology into a Chrysler mini van will be the first of many such deals, the Google parent company said Thursday.
Ride-hailing companies like Uber have finally become legal in China after attracting billions of dollars in investments and staging a battle to dominate the Chinese market.