As the Alibaba IPO nears, Cramer expects a slew of stocks to selloff. He's naming names.» Read More
Microsoft unveiled its Windows Phone 8.1-based Lumia 730 and Lumia 830 that aim to give budget consumers high-end camera features. Re/code reports.
Take a look at some of Wednesday's midday movers:
Sept 3- Amazon.com Inc's finance chief plans to step down next summer after more than a dozen years at the post, the e-commerce company said on Wednesday, at a time when more investors have been complaining about skimpy profits and high spending.
NEW YORK— Like millions of parents, Aaron Sacharow welcomes those moments when his son— 7- year-old Tyler— takes a break from video games and picks up a book instead. "I don't want to say it tricks them into reading," says Sacharow, an IT project manager based in Miramar, Florida.
Sept 3- Amazon.com Inc said its chief financial officer, Thomas Szkutak, will retire in June 2015 amid growing investor ire over the company's increased spending and lack of profit.
NEW YORK— Amazon.com says its chief financial officer, Thomas Szkutak, will retire after 12 years on the job in June 2015. Szkutak and Olsavsky joined Amazon in 2002, Szkutak as CFO and Olsavsky vice president of finance.
Amazon.com said on Wednesday its chief financial officer, Thomas Szkutak, will retire in June 2015.
Sept 3- Amazon.com Inc said on Wednesday its chief financial officer, Thomas Szkutak, will retire in June 2015. Brian Olsavsky, vice president of finance for the company's global consumer business, will succeed Szkutak and report to founder and Chief Executive Jeffrey Bezos, the online retailer said. Szkutak, 53, joined the company as CFO in October 2002.
September is a wildcard month for investors, but these 17 stocks make this month one to remember, reports USA Today.
WASHINGTON, Sept 2- The Washington Post's owner, Amazon.com Inc founder Jeff Bezos, has named a former executive from rival Politico as publisher of the 137- year-old newspaper, replacing Katharine Weymouth. Frederick J. Ryan Jr. will lead the paper, the Washington Post said in a statement on Tuesday.
Jeff Bezos' hiring of Fred Ryan as Washington Post publisher ends more than eight decades of Graham family leadership.
WASHINGTON— The Washington Post is ending 80 years of being led by the Graham family with the departure of Publisher Katharine Weymouth. The newspaper said Tuesday that Weymouth, the granddaughter of longtime Washington Post Co. CEO Katharine Graham, is stepping down.
Kevin Roose, New York Magazine business writer, provides insight to what kind of competition in mobile and books could "kill" Amazon.
NEWTON, Mass.— Select Income REIT will spend about $2.7 billion in cash and stock to buy Cole Corporate Income Trust in a deal that adds 64 office and industrial properties to the real estate investment trust's portfolio.
Have industry types been too quick to write off much-loved CD shops? Figures for HMV show that its new owners are battling back and trying to take Amazon's crown.
Stocks rose Friday, with Wall Street headed to a fourth week of gains ahead of the long holiday weekend.
Lou Basenese, Disruptive Tech Research, discusses Google's push into the drone delivery space.
CNBC's Jon Fortt reports Google has announced "Project Wing" aiming to develop its drone delivery system, and Eamon Javers spoke with the FAA about unmanned vehicle regulations.
Some of Friday's midday movers:
The $7 billion market for tutoring services is in the midst of a transformation, driven by new technology.