IBT Staff Reporter

62761-62790 (out of 154953)

Patents take spotlight as Kodak posts losses

Eastman Kodak Co posted another loss as the once-iconic photography company faced high raw material costs and struggled to shift its focus from film toward digital cameras and printers.

Amazon revenue, spending surges

Amazon.com Inc will use its surging revenue to boost growth and drive expansion into areas such as Web content and cloud computing rather than boost its margins.

Walmart Express hits Chicago

Wal-Mart Stores Inc is opening its first small store in Chicago this week in the first true test of a store format the world's largest retailer hopes will let it penetrate urban markets that it so far has had trouble cracking.

New York challenges Defense of Marriage Act

Two days after same-sex marriage became legal in New York, the state's attorney general has taken legal action challenging the constitutionality of the U.S. law which defines marriage as between a man and woman.

EA posts narrower-than-expected loss

Video game publisher Electronic Arts Inc, reported a narrower-than-expected loss and raised its second-quarter earnings forecast, as it sold more copies of the puzzle game Portal 2 than expected and pocketed more money on digital games.

Contador doping case put back to November: CAS

Triple Tour de France champion Alberto Contador's Court of Arbitration for Sport (CAS) hearing over a failed dope test, due to start on August 1, has been postponed until at least November, the Swiss court said on Tuesday.

U.S. likely to lose top rating, economists say

The United States will lose its top-notch AAA credit rating from at least one major rating agency, according to a Reuters poll that also found wrangling over the debt ceiling has already damaged the economy.

Amazon revenue surges and stock jumps

Amazon.com Inc reported a surge in quarterly revenue and said revenue for the current quarter would be better than expected, sending its shares up more than 6 percent.

Amazon revenue surges, stock jumps

Amazon.com Inc reported a surge in quarterly revenue on sales of its kindle electronic reader and other electronics and forecast far better-than-expected revenue for the current quarter, sending its shares up more than 6 percent.

Amazon revenue surges

The largest Internet retailer benefited from growth in e-commerce, though margins continued to be pressured by heavy spending on distribution, technology and digital content.

Steelmakers warn of weak outlooks

Many of the world's leading steelmakers warn that profits in the second half of this year will be hurt because of the slow economic recovery, along with lower steel prices and higher raw material costs.

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