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Biz News
Amazon reports record $3.6 billion quarterly profit as sales growth slows
The company’s lucrative advertising and cloud computing businesses notched the bulk of its profits and helped boost margins. But overall first-quarter sales growth dropped to 17 percent, compared to 46 percent last year.
If you’re in debt, you don’t deserve a vacation
A personal finance columnist is not impressed with people who “save up†for a trip while neglecting college funds and credit-card balances.
White House implores GOP lawmakers to move quickly to raise debt ceiling
Other budget discussions have broken down, leaving lawmakers struggling to avoid a pileup for dangerous deadlines in September. Financial experts believe an economic crisis would occur if the debt ceiling isn’t raised.
Huawei reportedly gets the green light to participate in Britain’s 5G rollout, a would-be setback for the U.S.
Top British officials have decided to let the Chinese technology giant Huawei help develop an ultra-fast 5G wireless network in the United Kingdom, according to reports, in spite of pressure by U.S. officials to freeze out the company on security grounds.
Southwest, American warn investors of fallout from Boeing 737 Max grounding
The grounding as well as other factors cost the airline more than $200 million in revenue in its most recent quarter.
Amazon pulls in $3.6 billion profit and says it will offer free one-day shipping
The company’s lucrative advertising and cloud computing businesses notched the bulk of its profits and helped boost margins even as sales growth slowed.
Trump administration pushes for quick action to raise debt limit
Push comes as fiscal deadlines loom later this year for a gridlocked Congress and Democrats at war with Trump
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Featured Weekend Shows
The Celebrity Perspective - Saturdays at 2pm ET
Popular radio host Ashley Berges give you a unique perspective on some of your favorite celebrities.
C-Suite TV - Sundays at 6pm ET
C-Suite TV is your go-to resource to find out the inside track on trends and discussions taking place in businesses today.
Biz1on1.TV - Sundays at 10pm ET
Biz 1 on 1 with Randy Lennon is a one on one interview show that tells the compelling stories of the most interesting executives and companies in North America.