It's official: Amazon is bigger than Wal-Mart. Amazon shares surged 15 percent on Friday after the e-commerce powerhouse reported a surprise second-quarter profit and a better-than-expected 20 percent jump in revenue.
Fiat Chrysler has decided to recall about 1.4 million cars and trucks in the U.S. just days after two hackers revealed that they took control of a Jeep Cherokee SUV over the Internet.
Drugmaker AbbVie Inc. reported better-than-expected second-quarter profit, but its sales disappointed Wall Street.
Major exporters of information technology on Friday agreed to cut global tariffs on more than 200 products, in the first such deal struck by the World Trade Organization in nearly two decades.
Amazon shares rocketed higher Thursday after the online giant surprised the market by swinging to profit in the second quarter amid surging sales.
Samsung remained the top global smartphone vendor in the second quarter despite slowing sales, while Apple and Chinese manufacturers boosted market share, a survey showed Thursday.
Investors pumped some $32.5 billion into more than 1,800 venture-backed companies around the world in the past quarter, amid feverish interest in tech startups, a survey showed Thursday.
Despite a slowdown in subscriber growth, the Internet is still propelling Comcast.