Amazon.com Inc. AMZN 2.16 % on Thursday reported in its third consecutive record profit, nearly doubling its prior high-water mark, and its fifth straight quarter in the black.
Lifting a cloud of regulatory uncertainty hanging over the future of Uber and its competitors in China, the government on Thursday legalized app-based ride-hailing services, but announced new licensing requirements and other rules.
Chief executive Leslie Moonves said Thursday during a conference call that All Access and Showtime OTT have more than 2 million subscribers between them.
Most economies are stuck in neutral while threats such as the debt crisis in Europe and deflation in Japan keep growing. Central bankers seem to think free money to all our checking accounts is the answer.
Amazon.com reported Thursday a big profit for the three months ending in June, its fifth straight quarter of gains, a pattern that suggests the e-commerce giant is starting to see a more consistent payoff from its long-term strategy of pouring money ...