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Amazon's operating income nearly hit $2 billion in Q1 — almost double what ...
Amazon's first-quarter profits blew through analysts' expectations, thanks to surging sales in its North American retail, cloud-computing, and advertising businesses.
Being Jeff Bezos Means Never Apologizing About Profits  Bloomberg
Amazon Has the Nerve to Hike Prime to $119 on the Same Day It Announces ...  Inc.com
Washington Post  
Ford is basically giving up on US car business, and GM is not far behind
Ford's plan to reduce its passenger car lineup to just two models, and GM's difficulty selling passenger cars in the U.S. show how much tastes are drifting toward trucks, SUVs and crossovers.
Ford kills the Taurus, Fiesta and Fusion: What we loved and hated about the cars  USA TODAY
Ford's sedan-killing move is a bet on the future of driving  MarketWatch
Exclusive: T-Mobile, Sprint make progress in talks, aim for deal next week ...
(Reuters) - U.S. wireless carriers T-Mobile US Inc (TMUS.O) and Sprint Corp (S.N) have made progress in negotiating merger terms and are aiming to successfully complete deal talks as early as next week, people familiar with the matter said on Thursday ...
Sprint, T-Mobile reportedly may wrap up deal talks by next week  CNET
Report: T-Mobile and Sprint may agree to merger as soon as next week  Android Police
'It's just not what people want anymore': Subway to close hundreds of US stores
Subway Restaurants, home of the ubiquitous $5 footlong, plans to shutter hundreds of U.S. stores as consumers lose their appetite for lunch meats.
Here's why Subway could close another 500 restaurants  CNNMoney
Subway to close about 500 US restaurants, while opening 1000-plus overseas  USA TODAY
Microsoft Rides Cloud Strength and Signals More to Come
Microsoft Corp. MSFT 2.11% extended its streak of wins in the latest quarter and signaled further strength in the months ahead as the software giant moves into an era where its venerable Windows franchise plays a supporting role to its burgeoning cloud ...
Microsoft stock up after strong guidance  CNBC
Microsoft Sales Top Estimates, Fueled by Strong Cloud Demand  Bloomberg
Southwest Airlines expects bookings to drop after deadly explosion
(Reuters) - Southwest Airlines Co (LUV.N) on Thursday warned the consequences of a mid-air engine explosion last week will weigh on second-quarter bookings, as investigators continued to probe the events that led to the first passenger death in the ...
Southwest Airlines forecasts drop in revenue as bookings decline after first ...  Los Angeles Times
Southwest Airlines: Bookings fell after fatal accident  USA TODAY
Amazon now has a multibillion-dollar advertising business
Amazon's advertising business is growing fast - now adding billions of dollars to Amazon's quarterly sales. On Thursday, Amazon disclosed that its "other" sales, mostly comprised of its advertising revenue, jumped 139 percent $2.03 billion for the ...
Amazon's advertising play pays off with $2 billion quarter  AdAge.com
Amazon Crushed Q1 Earnings  PYMNTS.com
Intel Forecast Tops Estimates on Data Center Chips; Shares Surge
Intel Corp. gave a better-than-projected second-quarter sales forecast, proving that for now the computer industry just can't quit its products.
Intel forecast tops estimates on data chips; shares surge  SFGate
Intel (INTC) Stock Soars on Earnings Beat, Strong Guidance  Nasdaq
Pepsi vs. Coke -- the new cola wars are here
Pepsi reported its latest results Thursday. And even though it acknowledged "challenges" in its US soda business, Pepsi posted solid sales growth in North America from Lipton and Pure Leaf, LifeWTR and Kevita kombucha and probiotic cleansing drinks ...
Pepsi and Coke Are Fighting to Get You to Drink Soda Again  Bloomberg
PepsiCo Plans Ad Blitz to Buoy Its Soda Business  Wall Street Journal
Intel's Higher Profit Shows Firm Shaking Off Chip Flaws
Intel Corp.'s quarterly profit surged as the chip giant showed no impact of revelations earlier this year of critical security flaws in its processors.
Tesla Autopilot crisis deepens with loss of third Autopilot boss in 18 months  Ars Technica
Is Tesla Still Racing Against Nvidia in Autonomous Driving?  TheStreet.com