LOS ANGELES (Reuters) – Starbucks Corp on Thursday reported flat traffic at established U.S. cafes for the second quarter in a row amid intense competition from upscale coffee houses as well as fast-food chains and convenience stores.
(Reuters) – Amazon.com Inc’s march in retail and cloud computing showed no sign of slowing on Thursday, as the company reported a surge in first-quarter sales and profit, both ahead of expectations.
(Reuters) – Microsoft Corp topped Wall Street forecasts for quarterly profit as it signed up more businesses to its Azure cloud computing services and Office 365 productivity suite.
Amazon reported first-quarter earnings after the bell on Thursday, sending …read more […]
LOS ANGELES (Reuters) – Starbucks Corp’s sales at established cafes in its U.S.-dominated Americas region grew slightly more than expected in the latest quarter amid increasing competition from upscale independent cafes, convenience stores and fast-food chains.
NEW YORK (Reuters) – U.S. stocks advanced on Thursday with each of Wall Street’s major indexes ending the session up 1 percent or higher, boosted by solid earnings results and a rebound in technology stocks as U.S. bond yields pulled back.
(Reuters) – Amazon.com Inc reported first-quarter revenue and profit on Thursday that trounced analysts’ estimates, driven by a surge in online shopping and higher demand for its cloud services.
The Latest on Bill Cosby’s sexual assault retrial (all times local): 3:55 p.m. A prosecutor says Bill Cosby showed his true colors when he went on an expletive-laced tirade after his conviction on sexual … …read more […]
(Reuters) – Southwest Airlines Co on Thursday warned the consequences of a mid-air engine explosion last week will weigh on second-quarter bookings, as investigators continued to probe the events that led to the first passenger death in the airline’s history.
Russia ratcheted up its efforts Thursday to try to disprove that a Syrian town was hit by a poison gas attack, bringing a group of Syrians, including an 11-year-old boy, to the global chemical weapons … …read more […]
SAN FRANCISCO (Reuters) – Investors are accustomed to the bold promises of Tesla Inc’s Elon Musk, but his assertion that the electric vehicle maker will not need more funds this year has many scratching their heads. How can the chief executive deliver on his many goals without a fresh infusion of outside cash?
NEW YORK (Reuters) – U.S. stocks rallied on Thursday, buoyed by strong earnings results and a resurgence in technology stocks as U.S. bond yields eased, with each of Wall Street’s major indexes up more than 1 percent.
NEW YORK (Reuters) – A former HSBC Holdings Plc executive was sentenced to two years in prison on Thursday after he was found guilty by a jury of defrauding Cairn Energy Plc in a $3.5 billion currency trade in 2011.
Amazon’s made a slew of acquisitions in the area of smart home services, and …read more […]
RIGA/FRANKFURT (Reuters) – Latvia’s parliament voted on Thursday to scale back domestic banks’ ties with risky shell firms under laws aimed at tackling money laundering, but pressure will remain on the Baltic state to do more.
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