Paul Charron, Campbell Soup Company chairman and former Liz Claiborne CEO, explains the evolving skill set necessary to lead retail in the future. Charron also shares his picks for retail leaders to watch for in 25 years, with CNBC's Courtney Reagan.» Read More
CNBC's Robert Frank reports Mark Zuckerberg is now richer than the Google guys and Amazon's Jeff Bezos.
SEATTLE— An Amazon.com employee from out of town was the operator of a drone that buzzed the Seattle Space Needle this week, police said. Amazon.com Inc. recently asked the Federal Aviation Administration for permission to use drones as part of plans to deliver packages to customers in 30 minutes or less.
European shares ended the day lower, as concerns about the impact of further sanctions against Russia weighed amid ongoing unrest in Ukraine.
*Amazon.com, Visa down after disappointing results. U.S. stocks were lower in early trading, hurt by results from Amazon.com and Visa, the two biggest drags on the S&P 500. Amazon dropped 11.1 percent to $318.79, while Visa was down 4.9 percent at $211.90.
July 25- Amazon.com Inc's heavy investment in content and technology to fight off deep-pocketed rivals is proving to be more costly than many had expected, raising fears that operating earnings will be remain under pressure indefinitely. Amazon's shares fell 12 percent to $314.76 in early trading on Friday, wiping out about $18 billion from its market value.
Kara Swisher, Re/code co-executive editor, and the "Squawk Alley" team, discuss the spending of Jeff Bezos and Amazon's subsequent stock dive after reporting a Q2 loss.
Eric Sheridan, UBS analyst, discusses Amazon's much wider- than-expected second quarter loss and how investors are to gauge their value and growth.
After concerned reports from tourists, police confirmed an American landmark has not, in fact, been hit by a drone strike.
CNBC's Jim Cramer explains why the Street is turning on Amazon.
July 25- Amazon.com Inc's heavy investment in new content and technology to fight off deep-pocketed rivals is proving expensive and analysts fear this will hurt operating earnings for some time.
CNBC's Jim Cramer digs into Amazon's much wider-than-expected Q2 loss as the company continues to spend on new services. Cramer says Amazon doesn't care what people think and Bezos wants world domination.
Facebook's record close on Thursday, fueled by earnings, added $1.6 billion to CEO Mark Zuckerberg's bottom line. USA Today reports.
U.S. stock index futures held to negative figures on Friday despite a rebound in the durable goods report, with focus on unrest in Ukraine and Gaza.
Some of the names on the move ahead of the open.
NEW YORK— Analysts are taking a look at Amazon's investment strategy as the online retailer's stock falls in premarket trading Friday following lackluster second-quarter results. Late Thursday, Amazon.com Inc. reported a bigger-than-anticipated loss for the quarter, while its revenue topped analysts' estimates.
Asian equity markets finished mostly higher on the final trading day of the week following another record close for the S&P 500 overnight.
Ron Josey, JMP Securities, discusses Amazon's worst-than-expected second quarter results and weighs in on how the company's expansion plans are impacting profits.
Jordan Crook, writer at TechCrunch, says shareholders should remain patient with Amazon as it's "making a land-grab" to bring in future yields.
Chinese companies have been pouring money into Silicon Valley, joining a parade of financiers seeking to participate in the latest boom.
SAN FRANCISCO, July 24- Amazon.com Inc's new "Fire" smartphone contains chips from Qualcomm Inc, NXP Semiconductors NV, and Samsung Electronics Co Ltd, according to repair and teardown specialists iFixit, which pried one open on Thursday.