Satya Nadella, Microsoft's new chief, holding up a Nokia Lumia smartphone featuring the Windows mobile operating system. Credit Robert Galbraith/Reuters.
Heavy spending to repair more than 6 million vehicles in the first quarter triggered an 88% plunge in General Motors Co. earnings for the period, compared to a year earlier.
Amazon.com Inc. said its first-quarter profit rose 18% as shoppers continued to flock to the online mega retailer to buy goods. Results beat expectations and shares rose nearly 2% in after-market trading.
... * 29-year KPMG veteran sentenced in Los Angeles. * Friend was tipped about news involving KPMG clients (Adds details of allegations, background; paragraphs 1-4, 7-9).
Some people would never eat at a Taco Bell. The fast-food chain's executives know this, and they won't bother trying to persuade them otherwise.