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Amazon Forecast Shows E-Commerce Giant Growing Profitably

Amazon.com Inc. forecast second-quarter profit that topped analysts’ forecasts, buoyed by swelling ranks of Prime subscribers and a profitable cloud-computing division that’s winning more corporate customers. The world’s largest online retailer projected operating income in the current quarter of $1.1 billion to $1.9 billion on revenue of $51 billion to …

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Facebook just shredded Wall Street's Cambridge Analytica worries with a giant Q1

Facebook CEO Mark Zuckerberg. Photo by Chip Somodevilla/Getty Images Facebook handily beat analysts’ expectations on both the top and bottom line for its first quarter of 2017 — sending its stock jumping more than 5% in after-hours trading on Wednesday. The social network’s quarterly revenues grew 49% year-on-year to $11.9 …

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Analysis

Republican Debbie Lesko, right, celebrates her victory in Arizona’s special congressional election with former Arizona governor Jan Brewer. (AP Photo/Matt York) President Trump’s post-special-election bravado used to have a consistent form. He’d reject the idea that his party was in trouble by noting that, in the special elections held after the …

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Rise and fall of Asaram Bapu: Godman made millions and acquired political connections, then fell afoul of the law – Firstpost

From the high pedestal of a preacher having crores of followers, many of whom were politicians and powerful businessmen, self-styled godman Asaram’s fall from grace was complete on Wednesday, after he was convicted of raping a minor girl. Asaram’s conviction came in a five-year-old rape case, but immediately after charges …

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