Author: Reuters

(Reuters) – Amazon.com Inc reported on Thursday a 77 percent slump in quarterly income and forecast a potential operating loss in the current quarter, as the company invests heavily in video content and in fast-growing...

LOS ANGELES (Reuters) – Starbucks Corp on Thursday reported quarterly profit that matched analysts’ estimates, tempered expectations for the current quarter amid softness in the U.S. retail and restaurant industries,...

(Reuters) – U.S. stocks added to their record levels at the open on Thursday, helped by a flurry of strong corporate earnings reports that boosted sentiment. Powered by...

CHICAGO (Reuters) – 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...

(Reuters) – Twitter Inc failed to add users on a monthly basis in the second quarter, compared with the first quarter, amid fierce competition from Facebook Inc and Snap Inc’s fast-growing messaging app Snapchat....