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Amazon quickens push into tough local services market

Seattle audio and video technician Todd Mueller showed up last year for what might have been a routine job except for one thing: Amazon.com Inc was taking...

European stock markets diverge at open

European stocks diverged at the start of trading on Thursday, amid geopolitical jitters over Ukraine, as investors digested company results on the eve of...

Apple to lay off about 200 people at Beats - report

Apple Inc intends to lay off about 200 people at Beats Electronics LLC following its $3 billion acquisition of the headphone and music streaming services...

Sony warns smartphone weakness will brake profit progress

Japan's Sony Corp warned it doesn't now expect to make money on smartphones this year, citing weak demand, as the consumer electronics maker said...

Chrysler recalls Fiat 500L on knee air bag issue

Chrysler Group LLC will recall about 29,500 Fiat 500L compact cars because knee air bags may not work properly if a driver is not wearing a seat belt, the...

Shell's profits triple to $5.307 billion

Anglo‑Dutch oil giant Royal Dutch Shell said Thursday that net profits more than tripled in the second quarter, boosted by asset sales and higher oil...

Sony CEO pressured by investors, and a legacy

Sony CEO Kazuo Hirai has picked new executives and strategies to cement the tech giant's turnaround, but some say he shouldn't be too quick to...

Bank of America ordered to pay $1.27b for 'Hustle' fraud

A federal judge on Wednesday ordered Bank of America Corp to pay a $1.27 billion (£750.75 million) penalty for fraud over shoddy mortgages sold by...