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Category : Business (Archive for 2018-07-27) News by Google
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Wall Street Journal
Amazon's Profit Soars to Record
Wall Street Journal
Amazon.com Inc.'s AMZN -2.98% profit topped $2 billion for the first time, powered by the company's newer services businesses that are ushering the online retail giant into an era of swelling profitability. Fast-growing areas including the company's ...

Washington Post
How years of privacy controversies finally caught up with Facebook
Washington Post
The cost of years of privacy missteps finally caught up with Facebook this week, sending its market value down more than $100 billion Thursday in the largest single-day drop in value in Wall Street history. Worries about the rising costs of privacy ...

NPR
Facial Recognition Software Wrongly Identifies 28 Lawmakers As Crime Suspects
NPR
Facial recognition software sold by Amazon mistakenly identified 28 members of Congress as people who had been arrested for crimes, the American Civil Liberties Union announced on Thursday. Amazon Rekognition has been marketed as tool that ...

Fox News
McDonald's worker, customer get into vicious brawl over soda
Fox News
A McDonald's employee and a customer were caught on camera in a brutal fight that allegedly started over a free soda. The fight, which was filmed by Nevada resident Marie Dayag, supposedly broke out when the customer asked for a water cup and then ...

CNNMoney
Papa John sues Papa John's
CNNMoney
In a lawsuit filed in Delaware Chancery Court on Thursday, Schnatter's lawyers say he is seeking to inspect company documents "because of the unexplained and heavy-handed way in which the company has treated him since the publication of a story that ...

Reuters
China says still open to talks on scrapped Qualcomm-NXP takeover
Reuters
SHANGHAI (Reuters) - China's market regulator said it still hoped to find a solution to antitrust concerns that doomed Qualcomm Inc's (QCOM.O) $44 billion (£33.57 billion) takeover of NXP Semiconductors (NXPI.O), after finding that proposals to address ...

Bloomberg
Inspections Reveal More Flaws in Jet Engines Linked to Fatality
Bloomberg
Flaws in jet engine fan blades like one that cracked and broke loose in April, killing a Southwest Airlines Co. passenger, have been discovered on planes operated by several carriers, and the manufacturer is moving to further tighten inspections ...

Wall Street Journal
Facebook Suffers Worst-Ever Drop in Market Value
Wall Street Journal
Facebook Inc. FB -18.96% suffered the biggest-ever one-day loss in market value for a U.S.-listed company, a punishing reversal for a company that has led a yearslong tech-stock surge. Facebook shares fell 19% to $176.26, erasing about $119.1 billion ...

CNNMoney
Has Elon Musk lost control of his hype machine?
CNNMoney
Elon Musk is hard at work disrupting industries, such as transportation and energy, and plans to go to Mars to save humanity from extinction. But even with these ambitions, the billionaire entrepreneur still found time to silence an anonymous blogger.

Space.com
Virgin Galactic's VSS Unity Space Plane Aces Test Flight, Reaching Mesosphere for the 1st Time
Space.com
Virgin Galactic's newest space plane took to the skies again today (July 26) for its third rocket-powered test flight, reaching higher in the atmosphere than the company had previously. The VSS Unity is a SpaceShipTwo vehicle designed to carry six ...

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