Oracle Corp (ORCL.N) said on Thursday it would buy NetSuite Inc (N.N) for about $9.3 billion, a deal that gives it a bigger share in the fast-growing cloud computing business and also means a big payday for billionaire Larry Ellison.
Amazon.com Inc. AMZN 2.16 % reported another record profit and its fifth-straight quarter in the black as it continued to reap new sales from Prime memberships and its relentless push to deliver goods ever faster.
Chief executive Leslie Moonves said Thursday during a conference call that All Access and Showtime OTT have more than 2 million subscribers between them.
The number of Americans who filed for unemployment benefits last week rose from a three-month low, consistent with the Federal Reserve's view of a stronger job market.
The No. 2 U.S. auto maker warned on Thursday of a growing list of global risks and suggested the previously-roaring American market may have peaked.