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Amazon shares soar on fourth straight profitable quarter

The days of Amazon as the perennial money loser appear to be over. The new, profitable Amazon looks like it's here to stay.

Amazon on Thursday announced its fourth-straight…

Shopping, spending, credit card purchase

John R. Coughlin/CNN

Americans' confidence in economy at 2016 low

Americans' confidence in the economy is sinking.

Obama in Oval Office

Official White House Photo by Pete Souza

Obama: We 'couldn't take victory laps' on economy

President Barack Obama said he regrets he didn't do a better job promoting the country's economic recovery to the American people in an interview with The New York Times Magazine…

Carl Icahn

Neilson Barnard/Getty Images for New York Times

One of Apple's biggest cheerleaders is selling

Apple's terrible week just got worse. Carl Icahn, one of its biggest cheerleaders, has dumped the iPhone maker's stock.

Patrick Soon-Shiong

Kevork Djansezian/Getty Images

$148 million payday for CEO you've never heard of

A little-known cancer-fighting biotech firm with little revenue and no approved drugs has lavished a $148 million pay package on its billionaire CEO.

NantKwest, which last year…

Darren Huston

From Priceline Group

Priceline CEO out over affair with employee

Priceline CEO Darren Huston resigned on Thursday after an investigation found that he had an improper relationship with an employee.

Federal Reserve in Washington

Mark Wilson/Getty Images

Next to nothing: U.S. economy only grows 0.5% in Q1

America nearly ground to a halt at the start of 2016.

The U.S. economy only grew 0.5% in the first quarter of the year. Tepid consumer spending, global headwinds, a struggling…


Justin Sullivan/Getty Images

Why Facebook could one day be worth $1 trillion

If they make a sequel to "The Social Network," Justin Timberlake's Sean Parker should say this to Jesse Eisenberg's Mark Zuckerberg.

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