As part of the plan, Amazon has agreed to purchase 100,000 electric delivery vans from vehicle manufacturer Rivian.Technologyread more
At least in terms of monetary policy, Pence says should be taking after other regions who keep their benchmark interest rates near zero.Delivering Alpharead more
The plan will allow Medicare to negotiate lower prices on as many as 250 drugs and apply those discounts to private health plans.Health and Scienceread more
Hedge fund titan Leon Cooperman said he's concerned about a shift to the left in the political landscape, which could harm the economy and the stock market.Delivering Alpharead more
The pilot program will deliver food and beverage, over-the-counter medications and other items within minutes, the company said. Prescription deliveries will not be available.Health and Scienceread more
Investor Jim Chanos is betting against GrubHub, and said the food delivery company makes almost nothing per order.Delivering Alpharead more
Billionaire investor Leon Cooperman on Thursday said he believes that the Federal Reserve is "screwing the savers."Delivering Alpharead more
"We sell the most mission-critical identity security to the largest global enterprises around the world," says Ping Identity CEO Andre Durand.Marketsread more
More than half of the patients have been younger than 25 and 16% are younger than 18, CDC principal deputy director Anne Schuchat said.Health and Scienceread more
Here's a look inside Apple's flagship Fifth Avenue store, known as the "cube," in New York. It reopens on Friday after being closed since 2017 for renovations.Technologyread more
Microsoft has new services that can provide gaming revenue on top of console sales.Technologyread more
Time Warner reported a better-than-expected quarterly profit, helped by higher subscription fees for channels offered by its Turner Broadcasting and Home Box Office (HBO) businesses.
The company's shares rose 1.2 percent to $81.75 in premarket trading on Wednesday. (Get the latest quote here.)
Revenue from Turner Broadcasting, which operates channels such as CNN, TNT and Cartoon Network, rose 2.3 percent to $2.6 billion in the fourth quarter ended Dec. 31.
The business, which accounts for 34.6 percent of total revenue, was boosted by higher domestic rates and growth in international markets.
Revenue from HBO, which contributes about 18 percent to total revenue, rose 6.2 percent to $1.3 billion. The business is home to popular programs such as "Game of Thrones" and "True Detective".
However a 4.5 percent decline in revenue in its Warner Bros movie studio business pulled Time Warner's total revenue down 1 percent to $7.53 billion. That was lower than analysts average estimate of $7.55 billion, according to Thomson Reuters I/B/E/S.
The decline in revenue at the studio, which contributes half of total revenue, was due to the home entertainment releases of "Edge of Tomorrow" and "Tammy" not matching up to the success of movies such as "Man of Steel," "Pacific Rim" and "The Hangover Part III" a year earlier.
Time Warner is also foraying into video-streaming, with a standalone product for HBO that will make the channel available to people without cable subscriptions this year.
Net income attributable to Time Warner shareholders fell 27 percent to $718 million, or 84 cents per share, in the quarter.
Excluding items, the company earned 98 cents, topping the average analyst estimate of 93 cents.
Time Warner, which rebuffed a takeover bid from Rupert Murdoch's Twenty-First Century Fox in 2014, is in the midst of a plan to boost earnings and growth. The plan includes cutting jobs and reducing costs.
Time Warner forecast 2015 adjusted profit from continuing operations of $4.60 to $4.70 per share. Analysts were expecting a profit of $4.66 per share.
Shares of the company moved higher in premarket trading following the report.