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Category : Business (Archive for 2017-07-28) News by Google
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New York Times
Amazon Profits Fall Far Short of Expectations, but Investors Shrug
New York Times
Jeff Bezos, the chief executive of Amazon, was by one estimate the world's wealthiest person for a brief time on Thursday. Credit Ted S. Warren/Associated Press. SEATTLE — Investors gave Amazon's stock a bump early Thursday in anticipation of a strong ...

Washington Post
Bezos knocks Gates off perch as richest person in the world — for a few hours
Washington Post
Amazon.com founder and The Washington Post owner Jeffrey P. Bezos on Thursday briefly became the richest person in the world, displacing Microsoft founder Bill Gates. Bezos's rise to No. 1 followed a surge in Amazon.com shares Thursday ahead of the ...

New York Daily News
Starbucks puts spotlight on China as US growth cools
New York Daily News
A Starbucks store is seen inside the Tom Bradley terminal at LAX airport in Los Angeles, California, United States, October 27, 2015. REUTERS/Lucy Nicholson. (Reuters). Reuters. REUTERS. Thursday, July 27, 2017, 6:23 PM. By Lisa Baertlein.

Charlotte Observer
Intel Posts Increase In Profit, Revenue -- WSJ
Fox Business
This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (July 28, 2017). Continue Reading Below. Intel Corp. reported a surge in quarterly profit ...

Slate Magazine
Mark Zuckerberg and Elon Musk Are Both Wrong About AI
Slate Magazine
Photo illustration by Slate. Photos by Paul Marotta/Getty Images and Kevork Djansezian/Getty Images. If Mark Zuckerberg and Elon Musk went to the same elementary school, I can practically imagine them firing “Your algorithm is so slow …” insults back ...

New York Times
Wisconsin's Lavish Lure for Foxconn: $3 Billion in Tax Subsidies
New York Times
Terry Gou, Foxconn's chairman, at the White House on Wednesday. Foxconn plans to build a $10 billion factory in Wisconsin. Credit Justin Gilliland/The New York Times. Foxconn's plan for a $10 billion factory in Wisconsin is certainly good news for ...

Recode
Meg Whitman says she will not be Uber CEO (again)
Recode
Meg Whitman will not be CEO of Uber, she said more definitely tonight via, you guessed it, Twitter. Earlier this week, the Hewlett Packard Enterprise CEO released a statement that said she was committed to staying there. But the noise around Whitman ...

Politico
Tax reform: Is that all there is?
Politico
The White House, the Treasury Department and congressional leaders issued a six-paragraph statement Thursday that tried to show off their commitment to pursuing tax reform without delving into any policy specifics. The only problem? Tax overhauls live ...

Business Insider
McDonald's swift to respond in China after moldy ice cream maker pictures go viral in US
Business Insider
SHANGHAI (Reuters) - Viral photos and news reports in the United States allegedly showing a moldy ice cream maker at a U.S. outlet of McDonald's Corp have prompted swift action from the fast-food giant thousands of miles away: in China. The firm's ...

MarketWatch
Mainstream Model 3 holds promise _ and peril _ for Tesla
ABC News
This undated image provided by Tesla Motors shows the Tesla Model 3 sedan. The electric car company's newest vehicle, the Model 3, which set to go to its first 30 customers Friday, July 28, 2017, is half the cost of previous models. Its $35,000 ...

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