SAN FRANCISCO - Amazon.com Inc posted a much larger-than-expected loss in the second quarter as its rapid pace of investment in businesses such as digital content and consumer electronics offset a 23 percent jump in revenue.
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NEW YORK - In the days after its infamously mishandled initial public offering in May 2012, it looked as if Facebook would struggle to become a must-own for fund managers.
NEW YORK - The federal judge who oversaw the trial of five associates of imprisoned swindler Bernard Madoff on Thursday refused to overturn their convictions for helping their former boss run one of the world's biggest Ponzi schemes.
The two giants of the beverage empire reported earnings this week, with PepsiCo outperforming estimates and Coca-Cola missing them.