Amazon's profit and revenue both grew in the latest quarter but its results fell below what Wall Street was expecting and shares of the world's biggest online retailer declined after-hours.
Zynga Inc. said Thursday it is buying NaturalMotion, the company behind the hit mobile games "CSR Racing" and "Clumsy Ninja," while cutting 15 percent of its workforce in a turnaround effort.
Google's earnings are still rising at an impressive clip even as a long-running slump in its ad prices deepens and management gambles on risky ventures such as its unprofitable purchase of smartphone maker Motorola Mobility.
Stocks rose sharply Thursday, with large parts of the market erasing Wednesday’s losses, as investors cheered a batch of strong earnings and data that showed the U.S. economy grew at a robust annual rate of 3.2 percent in the fourth quarter.
Google is selling Motorola's smartphone business to Lenovo for $2.9 billion, a price that leaves little doubt that Google's biggest acquisition turned out to be an expensive mistake.
Target said Wednesday that investigators have found that hackers stole credentials from a vendor to access the retailer's systems and pilfer about 40 million debit and credit card numbers as well as personal information for another 70 million people.
The nearly 1,000-page compromise farm bill is designed to have something for everyone. There's more money for crop insurance popular in the Midwest, higher peanut and rice subsidies for Southern farmers and the renewal of federal land payments for Western states.
American Airlines reported a $2 billion loss for the fourth quarter because of $2.4 billion in special charges, mostly related to its bankruptcy reorganization and merger with US Airways.
For Jan. 28, 2014
Here are business news highlights for Tuesday, Jan. 28, 2014.
More TV networks want to gain from tobacco companies' mandate to run anti-smoking ads that will cost tens of millions of dollars.
The frigid winter of 2014 is setting the price of natural gas on fire.
Wal-Mart Stores Inc. said it's eliminating 2,300 workers at its Sam's Club division as it reduces the ranks of middle managers in a bid to be more nimble.
Attorney General Eric Holder says the Obama administration is planning to roll out regulations soon that would allow banks to do business with legal marijuana sellers.
Wireless carrier Sprint will lay off an undetermined number of its workers as part of a cost-cutting program announced Thursday.
Outspoken billionaire Carl Icahn has tossed another bushel of Apple stock into his investment portfolio and suggested some new products as he tries to persuade the iPhone maker to do more to lift its market value.