Business News

AP News - 2 hours ago

NEW YORK (AP) — Amazon.com Inc.'s fourth-quarter earnings roundly beat analyst expectations, sending the Seattle e-commerce giant's stock soaring 14 percent in aftermarket trading. Here's a closer look at what investors applauded and hope continues.

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AP News - 2 hours ago

ATLANTA (AP) — Southern Co. said the firms building its new nuclear power plant in Georgia estimate the project will be delayed 18 months, potentially costing the power company $720 million in new charges, company officials said Thursday.The lat ...more

AP News - 3 hours ago

HONG KONG (AP) — Asian stock markets were mostly higher Friday after economic data suggested Japan is pulling out of recession while Chinese shares fell ahead of a manufacturing report.KEEPING SCORE: The benchmark Nikkei 225 in Tokyo added 0.6 p ...more

AP News - 6 hours ago

ASUNCION, Paraguay (AP) — A German couple abducted from their cattle farm was found dead Thursday, apparently at the hands of a guerrilla group that earlier this week demanded the owner of an adjoining farm pay $300,000 and give food to the poor.

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AP News - 7 hours ago

SAN FRANCISCO (AP) — Google has gotten into the habit of missing analysts' earnings targets, frustrating investors who believe the online search leader would be more profitable it wasn't pouring so much money into far-flung projects such as Internet-co ...more

AP News - 7 hours ago

NEW YORK (AP) — Investors apparently have a craving for a better burger.Hamburger chain Shake Shack Inc. has priced its initial public stock offering at $21 per share, above its proposed range of $17 to $19 per share.It sold 5 million sha ...more

AP News - 8 hours ago

HUNTSVILLE, Ala. (AP) — Each year around this time, NASA honors fallen astronauts, including the 17 men and women killed in three separate wintertime accidents in the sky and on the earth.For Robert "Hoot" Gibson, it's a time to remember lost fr ...more

AP News - 8 hours ago

NEW YORK (AP) — It was a Prime quarter for Amazon.Amazon surprised investors on Thursday with a fourth-quarter profit that soundly beat expectations, despite a continued increase in spending and a slight sales miss, partly linked to the strong d ...more

AP News - 8 hours ago

NEW YORK (AP) — Visa's quarterly profit rose 11 percent as consumer spending grew on the credit and debit card processor's massive payment network.Visa said Thursday it earned $1.57 billion, or $2.53 per share, in the October-December quarter. T ...more

AP News - 9 hours ago

U.S. financial markets closed sharply higher Thursday as investors welcomed encouraging news on corporate earnings and the job market.The rally ended a two-day losing streak for the major market indexes. Oil prices ended slightly higher.O ...more