PC Sales Raise Intel's Q2

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PC Sales Raise Intel's Q2

SAN JOSE, Calif. – In the midst of a bull year for semiconductors overall, Intel reported strong results and lifted its forecast, thanks in part to better than expected sales of PC processors.
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BT profits hit by accounting scandal

BT has taken a fresh profit hit in the wake of its Italian accounting scandal after agreeing to pay Deutsche Telekom and Orange £225m to avert
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Wells Fargo to refund $80 million to customers hit by car loan insurance

FILE PHOTO – A man walks by a bank machine at the Wells Fargo & Co. bank in downtown Denver, Colorado, U.S. on April 13, 2016.
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Amazon Plows Ahead With High Sales and Spending; Profit Plunges

(Reuters) – Amazon.com Inc on Thursday reported a jump in retail sales along with a profit slump, as its rapid, costly expansion into new shopping categories and countries showed no sign of slowing.
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Speaker Ryan admits defeat, giving up on border adjustment tax

House Speaker Paul D. Ryan (R-Wis.) has agreed to jettison one of the most controversial aspects of his tax overhaul plan, clearing the way for the White House to move forward on its plans for sweeping tax cuts later this year.
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