NEW YORK (AP) - Verizon Communications Inc., parent of the country's largest cellphone carrier, on Thursday said its net income rose 13 percent in the second quarter as its wireless arm pulled in record profits.
MOUNTAIN VIEW (AP) - Google is getting even better at showing online ads to the right people at the right time. That enabled the Internet search leader to hit analysts' earnings target for the second quarter and reassure investors about the company's moneymaking prowess.
LOS ANGELES (AP) - Microsoft posted its first quarterly loss in its 26 years as a public company on Thursday as it declared a struggling online ad business a bust and prepared for one of the biggest product updates in its history.
PLEASANTON (AP) - Safeway Inc. said Thursday that its net income fell 16 percent in the second quarter, as the grocery store operator spent more on advertising and rolled out a new loyalty program to stave off growing competition.
NEW YORK (AP) - The Walgreen pharmacy chain will begin filling prescriptions from customers in the Express Scripts network again starting in September under a new multiyear contract that ends a costly impasse between the companies.
DENVER (AP) - Chipotle Mexican Grill Inc.'s earnings soared more than 61 percent in the second quarter but its shares plunged in Thursday after-hours trading after the popular restaurant chain's revenue growth missed expectations.
SUNNYVALE (AP) - Trouble in the global economy dragged Advanced Micro Devices Inc.'s net income down 40 percent in the second quarter, and the world's second-biggest chipmaker warned that revenue will continue to be hurt through the rest of the summer.
WASHINGTON, D.C. (AP) - Dozens of health insurers say higher-than-expected care costs and other expenses blindsided them this year, and they're going to have to hike premiums for individual policies well-beyond 10 percent for 2016.
TOKYO (AP) - Godzillas galore, including last year's Hollywood version, stomp on buildings, thrashing about and breathing fire, in a video game going on sale globally mid-July. But don't expect any references to radiation, the mutant reptile's trademark affliction.
MOUNTAIN VIEW (AP) - Google is making its privacy controls easier to find and understand in an attempt to make the more than 1 billion users of its digital services more comfortable about the personal information that they give the Internet's most powerful company.
MENLO PARK (AP) - Several dozen people gathered at Facebook's headquarters to protest a company policy of asking users to authenticate their identities if questions have been raised about the names on their accounts.