Amazon More Than Doubles Its Profit 
 

The online retail firm more than doubled its quarterly profits despite spending heavily on building more warehouses and devices, as well as bulking up on assets for its delivery network and video content.

 
Cloud Business Boosts Microsoft's Earnings 
 

Microsoft extended its streak of wins in the latest quarter as it moves into an era where its Windows franchise plays a supporting role to its burgeoning cloud-computing operations.

 
Wells Fargo's 401(k) Practices Probed by Labor Department 
 

The Labor Department is examining whether Wells Fargo has been pushing participants in low-cost corporate 401(k) plans to roll their holdings into more expensive individual retirement accounts at the bank.

 
Intel's Higher Profit Shows Firm Shaking Off Chip Flaws 
 

Intel's quarterly profit rose as the chip giant showed no impact from revelations earlier this year of critical security flaws in its processors.

 
Starbucks Chief Vows to Learn From Philadelphia Arrests 
 

Starbucks CEO Kevin Johnson promised to prevent an incident like the arrest of two black men at one of its coffee shops in Philadelphia this month from happening again.

 
China's HNA in Talks to Sell European Transportation Business 
 

Chinese conglomerate HNA Group Co., under pressure to cut its debt load, is in exclusive talks to sell its European and Canadian transportation and logistics business to infrastructure investor I Squared Capital for north of 1 billion euros ($1.21 billion).

 
AT&T's Tab Awaiting Time Warner Takeover Hits $1.4 Billion 
 

Even if a federal judge sides with AT&T Inc. in its fight to take over Time Warner Inc. for $85 billion, victory won't have come cheap.

 
Chipotle CEO Says No to Breakfast, Yes to Longer Hours 
 

Chipotle Mexican Grill's new chief executive said his recipe for reviving the burrito maker is simple: focus on improving the fast service and relatively simple menu that made the chain so popular to begin with.

 
Southwest Bookings Fall After Fatal Accident 
 

Southwest Airlines said bookings have dropped since last week's fatal accident as the company and rival carriers also face a sharp jump in fuel prices, prompting some to raise fares.

 
GM's Profit Sinks on Restructuring, Other Costs 
 

GM's first-quarter net income sank 60% amid hefty restructuring costs in South Korea and lost production in the U.S. from planned factory downtime.

(END) Dow Jones Newswires

April 26, 2018 19:15 ET (23:15 GMT)