Amazon.com reported a 77 percent slump in quarterly profit as the company invests heavily in areas such as video content and in fast-growing economies such as India.
Business & Financial News, U.S & International Breaking News
Honda says Florida crash death could be linked to Takata inflator
Honda Motor Co said on Thursday that a Takata airbag inflator ruptured in car crash last week in Florida, in what could be the 19th death worldwide linked to faulty airbags recalled as part of the largest automotive safety campaign in history.
Republicans kill border tax, focus on corporate rate cuts
A proposed border tax in the House of Representatives was killed on Thursday, bringing relief to retailers and other large importers whose profits faced threats and removing a hurdle that had kept negotiations on the long-promised Republican overhaul of the U.S. tax code from advancing.
Exclusive: Not Made in America - Wal-Mart looks overseas for online vendors
Walmart.com, trailing Amazon.com Inc in the number of goods for sale on its website, is recruiting vendors in China and other countries to boost its online offerings in a pivot away from Wal-Mart's Made-in-America campaign.
Qatar seeks options at United Nations to overcome Gulf rift
Qatar's foreign minister on Thursday accused Arab states of violating international law in their boycott of the country and described the United Nations as the "right place" for Doha to seek options to overcome measures imposed against it.
Jury urged to convict 'pharma bro' Martin Shkreli on fraud charges
A U.S. prosecutor on Thursday urged jurors to convict former drug company executive Martin Shkreli of defrauding investors in his hedge funds and stealing from his old company to repay them.
Stephen Colbert brings animated satire of Donald Trump to Showtime
President Donald Trump is returning to television - this time as a cartoon character in a Showtime series produced by television talk show host Stephen Colbert.
Exp: Jul 17
Exp: Jul 17
Exp: Aug 17