Amazon moves beyond retail get Wall Street thumbs up, for now Amazon.com Inc's ventures far beyond online retail, from cloud computing to movie making, are raising questions among corporate strategy experts about its focus. The Seattle-based company wowed Wall Street again this week with a 23 percent jump in sales, […]
U.S. gasoline demand falls for second straight month: EIA U.S. gasoline demand fell 2.4 percent in February from a year earlier, the second straight monthly decline, according to data released on Friday by the U.S. Energy Information Administration that suggested the market may have trouble repeating last year's record volumes. […]
Weekahead: Hot earnings to keep fire under growth-stock rally Don't look for the outperformance of growth stocks to fade any time soon, as long as corporate earnings continue to improve and hopes remain for stronger economic growth. The Russell 1000 Growth index .RLG, which tracks such shares, is up 10.9 […]
Shaw Communications explores selling ViaWest: sources Shaw Communications (SJRb.TO) is looking for a buyer for ViaWest, the U.S. data center company it bought three years ago, according to people familiar with the matter, as the Canadian cable company continues to shed assets it considers non-core. The sale of ViaWest would […]
U.S. spy agency abandons controversial surveillance technique The U.S. National Security Agency said on Friday it had stopped a form of surveillance that allowed it to collect without a warrant the digital communications of Americans who mentioned a foreign intelligence target in their messages, marking an unexpected triumph for privacy […]
U.S. regulator shuts First NBC Bank, Whitney Bank to reopen branches A top U.S. financial regulator said on Friday that it closed the banking unit of First NBC Bank Holding Co (FNBC.O), three days after the lender reported accounting issues dating back to at least 2015. The New Orleans-based lender […]
Trump to order a study on abuses of U.S. trade agreements President Donald Trump will sign an executive order on Saturday seeking to identify any problems caused by the nation's existing trade agreements, including an examination of U.S. involvement in the World Trade Organization, a top trade official said. Commerce […]
North Korea test-fires ballistic missile in defiance of world pressure North Korea test-fired a ballistic missile on Saturday, the South Korean and U.S. militaries said, defying warnings from the United States and the reclusive state's main ally, China, which have tried for years to rein in its arms programs. The […]
Senator Responds to Trump N.R.A. Speech With Photos of Shooting Victims As President Trump took the stage to champion the Second Amendment at a National Rifle Association convention on Friday, a United States senator sought to counter his message by unleashing a Twitter storm using the names, ages and pictures […]
Congress settles for stopgap to avoid government shutdown Congress took the easy way out to keep the government open on the eve of Donald Trump’s 100th day in office, passing a weeklong stopgap spending bill Friday that amounted to more of a defeat for the president than a victory. Lawmakers […]
