Amazon pulls in a record $2.9 billion in quarterly profit

Amazon pulls in a record $2.9 billion in quarterly profit

Amazon.com sales climbed nearly 30 percent, to $56.6 billion, in the third quarter, the technology giant announced Thursday, but missed expectations despite its broadly popular discount event, Prime Day.
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Amazon's profit soars, but revenue disappoints

NEW YORK – Amazon reported another quarter of record profit Thursday, fueled by the growth of online shopping and its cloud-computing service.
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Target is doubling down on a key advantage as it gears up for a holiday-shopping battle with Amazon

Target has its sights set on Amazon this holiday season. Reuters reported that the company plans to fulfill 90% of all orders through its store inventory this year.
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Michael Bloomberg, Exxon and the ethical pollution of buying justice

Michael Bloomberg, the billionaire and perhaps soon-to-be presidential candidate, suggested earlier this year that reluctant corporations needed to be
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Facebook's 50 million account breach is already its biggest ever — and may get even worse

SAN FRANCISCO – Facebook says the accounts of nearly 50 million users were breached in what was the largest-ever security incident of its kind at the giant social network, delivering another blow to public confidence in the embattled company.
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