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If Amazon is forced to negotiate with the union formed by its subcontractors, that could fundamentally change the company's business model

Amazon Profit And Sales Beat Estimates

The company's cloud business maintained the pace of expansion.

Biden, Australian PM Hail Alliance On Lavish State Visit

US President Joe Biden and Australia's Prime Minister Anthony Albanese held a joint press conference in the Rose Garden of the White House

US President Joe Biden and Australian Prime Minister Anthony Albanese hailed Wednesday their shared stand on Israel, Ukraine and China during a state visit aimed at reinforcing a century-old alliance.

Credit Card Charges Of Interest And Fees Jump To Record $130 Billion

Consumers are facing higher costs on their growing debt while credit card companies increase profits, CFPB said.

A JetBlue aeroplane is seen at JFK International Airport in the Queens borough of New York City, New York, U.S., August 11, 2021.

Airports Will Have To Tap Debt Markets To Pay For Expansion, Fitch Says

The rating agency said in a report that airports are moving ahead with their investment plans as passenger traffic recovers.

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Despite Google parent company Alphabet's massive $16.4 billion in quarterly net income, the figure missed market expectations

Alphabet's Profit Jumps On Advertising; Cloud Business Slows

Profit and sales beat expectations, but sales in the cloud business were below analysts' estimates.

US homebuilders have struggled to keep up with demand, but new home sales have fallen to their lowest since January 2016

PulteGroup Thrives As American Homeownership Dreams Defy Rising Interest Rates

The homebuilder ended the third quarter with a bigger profit despite high interest rates and more expensive homes.

US House Majority Whip Tom Emmer (R-MN) speaks during a news conference in Washington

Tom Emmer Drops Out Of Race For Speaker Of The House

The GOP latest nominee wasn't able to get the party united behind his name before a floor vote.

United Auto Workers President Shawn Fain greets UAW members as they strike the General Motors Lansing Delta Assembly Plant in September 2023

UAW Strike Expands To General Motors' Largest Plant

The unannounced walkout came after GM CEO said in a letter to shareholders that the company has offered a record contract to UAW.

A view shows a plant of Coca-Cola company in Azov

Coca-Cola, Kimberly-Clark Increase Profits After Raising Prices

Both Coca-Cola and Kimberly-Clark improved their forecast for results in 2023.

General Motors Profit Falls On Impact Of Workers Strike

The company abandoned its profit guidance for this year and said it has "work to to" to meet EV targets.

An Alaska Airlines Boeing 737-400 plane is shown on final approach to land in San Diego, California April 4, 2016.

Alaska Airlines Flight Is Diverted After Off-Duty Pilot Tried To Take Control

The plane landed safely and the off-duty pilot is in custody.

Republican-controlled House of Representatives reconvenes on Capitol Hill

Republicans Meet Again To Discuss Candidate For Speaker Of The House

Nine representatives are running for the job after Jim Jordan and Steve Scalise failed to get the GOP conference united behind their candidacies.

Millennials', Gen Z's Restaurant And Travel Spending Energizes Amex's Profit

The credit card company said younger customers keep leading demand for new accounts and are willing to pay annual fees.

A woman carries a bunch of balloons through Times Square in New York, U.S., June 26, 2019.

New York Recovers All Jobs Lost During Covid Pandemic

The number of jobs in the city rose to a record level in September.

Citigroup Fires Employee Who Posted Antisemitic Comment On Social Media

The bank said it condemns antisemitism and all hate speech.

South Korean internet service providers have accused Netflix of free-riding on their networks -- paying the standard rate, despite the significant traffic congestion it has caused

'Suits,' 'One Piece,' International Productions: What's Attracting Viewers To Netflix?

The streaming platform added 9 million subscribers in the third quarter, beating expectations and sending shares higher.

Existing home sales nudged up in May but remain lower than a year ago, according to the National Association of Realtors

Prices Of Homes Will Rise Less Than Estimated, Zillow Says

The U.S. residential real estate market is struggling with a reduced number of units for sale and elevated mortgage rates.

New York's First Soccer Stadium Project Starts Public Review

The stadium is part of the plan to redevelop the Willets Point neighborhood in Queens.

Tide laundry detergent is shown on display in Compton, California

Price Increases For Tide, Charmin And Gillette Boost P&G Profits

The consumer products maker said that profits and sales will be at the higher end of its guidance ranges for the year.

Biden will hold talks in Israel and Jordan on Wednesday

Biden Says 'Terrorist Group In Gaza' Appears To Be Responsible For Hospital Attack

The U.S. president reinforced support for Israel in its fight against Hamas in a speech in Tel Aviv.

Bad weather caused both new housing starts and permits to decline in the United States, but the overall market could be set for moderation in the coming months

Homebuilding Recovers From Lowest Level In Three Years

The number of new construction of homes is still well below levels of a year ago.

Morgan Stanley's New York headquarters are seen at the corner of 48th Street and Broadway in New York

Morgan Stanley's Profit Falls On Fewer M&A And IPO Deals

The bank is the last of the biggest Wall Street giants to report third-quarter results.

US manufacturing orders slipped in July but spending on motor vehicles and parts rose

Industrial Production Rises More Than Expected

Output increased last month despite the ongoing strike of auto workers, showing positive signals for the U.S. economy.

An ATM machine at a Bank of America office is pictured in Burbank

BofA Increases Profits And Warns That Consumer Spending Is Slowing

The second-largest U.S. bank benefited from higher interest rates in the third quarter.

LinkedIn was one of the few US technology companies to successfully operate a social media site in China

Tech Layoffs: LinkedIn Announces 668 Job Cuts

The social network is cutting jobs for the second time this year and said it will continue investing in strategic priorities.

JP Morgan CEO Jamie Dimon delivers a speech during the inauguration the new French headquarters of JP Morgan bank in Paris

Bank Earnings Soar As Jamie Dimon Warns Of 'Most Dangerous Time In Decades'

The CEO of the biggest US bank is concerned about the war in Ukraine and the conflict between Israel and Hamas.

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