Facebook earnings beat despite backlash, shares surge

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Facebook earnings beat despite backlash, shares surge

Facebook continues to add users amid campaign to delete the app, beleaguered stock rebounds in late trading. Getty Images. Facebook reported its first-quarter earnings Wednesday.
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VW Q1 profit drops nearly 4% on accounting, currency, tech-cost factors

BERLIN — Volkswagen Group posted a surprise drop in first-quarter operating profit as accounting changes, currency headwinds and technology costs weighed on results. Group earnings before interest and taxes declined 3.6 percent to 4.21 billion euros ($5.13 billion), VW said in a statement on
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Police: Unhappy client punches, threatens to kill accounting firm employee

TWIN FALLS — Police say an unhappy client punched an employee at an accounting firm and threatened to kill him “if it was the last thing he does.” Joshua Sidney Wright, 19, of Twin Falls was arrested Tuesday and arraigned on one count of battery the next day. He was released from custody on his
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Stocks stage late-day rally as Boeing results help Dow end lengthy losing streak

The Dow and S&P 500 ended a volatile session slightly higher Wednesday, with the two market gauges erasing early losses to turn positive in afternoon trading as strong corporate earnings appeared to overshadow an ongoing rise in bond yields.
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Facebook Finds It Harder to Get More People to Log On

Let's get this out of the way: No, Facebook Inc. hasn't felt an immediate financial sting from the latest controversies over how it collects and protects people's information. But that doesn't mean the company is free from danger. Facebook's first-quarter revenue rose 49 percent, an acceleration of the
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