|Amazon's Expansion Costs Take a Toll|
Amazon said quarterly profit fell 77% even as sales jumped, a sign of the high cost of its increasing dominance of retail. The company posted $197 million in profit as it spent on new warehouses, delivery capacity and data centers.
|Trump Comments on U.S. Factories Make It Awkward for Apple|
Thanks to comments made by President Donald Trump, Apple suddenly faces new pressure to build factories in the U.S.
|An Electric Maserati? Fiat Chrysler CEO Says It's on the Way|
Fiat Chrysler Chief Executive Sergio Marchionne said his company’s premium Maserati sports cars will begin introducing electric-engine powered models after 2019 and that by early next decade more than half of the brand’s cars will be electrified.
|China's Next Target: U.S. Microchip Hegemony|
The semiconductor industry, a stalwart of the global economy, is succumbing to fierce nationalistic competition, as China aims to dominate the market as it did with steel and solar panels. Washington, in an unusual show of bipartisanship, is fighting back.
|Shell Prepares for 'Lower Forever' Oil Prices|
Royal Dutch Shell laid out a pessimistic vision for the future of oil, even as the company reported success in generating cash during a prolonged downturn.
|Republicans Outline Tax Plan|
Top congressional Republicans and the Trump administration abandoned a controversial House GOP plan to tax imports and exempt exports from taxes, as they announced tax policy principles that resolved few other crucial issues.
|Ex-Convicts Help Companies Fill Need for Skilled Labor|
As the jobless rate falls and skilled labor becomes more scarce, employers in a number of states are scouring the fringes of the labor market for able-bodied workers, including, increasingly, ex-offenders.