Amazon Posts Another Blockbuster Profit

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Amazon reported another record profit and its fifth-straight quarter in the black as it continued to reap new sales from Prime memberships and its relentless push to deliver goods ever faster.

Microsoft to Shed 2,850 Additional Jobs

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Microsoft Corp. plans to lay off 2,850 employees, adding to previously announced job cuts as it retools its sales operations and dismantles its mobile phone hardware business.

U.S. Employment Costs Up 0.6% in Second Quarter

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Employers’ personnel costs rose modestly during the spring, the latest reminder of slow income growth during the recovery.

Sony Gets to Next Level With PlayStation Help

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Sony’s videogame segment reported its best quarter ever. That could get another boost with the introduction of a virtual-reality gadget in October.

Why Bank of Japan Dipped Into Bag of Small Tricks

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The Bank of Japan underwhelmed overexcited expectations for yet another big bang of monetary stimulus. But the BOJ did promise some needed introspection.

Judge Dismisses $24 Billion Lawsuit Against Credit Suisse

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A federal judge has dismissed a lawsuit accusing Credit Suisse of running a predatory loan-to-own scheme that plaintiffs claimed loaded four luxury ski and golf resorts with debt so it could foreclose on their assets.

Past Mistakes Still Haunt Lender CIT

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Midsize lender CIT is struggling to find the right size and business mix, even as it divests a profitable air leasing business.

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Jeff Kuhner will be broadcasting live from 12p - 3p at the Boston Marriott Quincy on Thursday, August 6th for the WRKO Red Cross Blood Drive. The Blood Drive will start at noon and go to 6pm.

 

Thursday, August 6th, 12p - 6p
Boston Marriott Quincy
The Kuhner Report will broadcast live 12p - 3p

WRKO Town Hall with Jeff Kuhner

On Thursday, Nov. 5, Jeff Kuhner hosted a WRKO Town Hall at the Arsenal Center for the Arts to discuss the problems with the DCF. Massachusetts State Representatives Shaunna O'Connell and Jim Lyons talked about the political battle they've faced in their efforts to fix child care in Massachusetts, and Jennifer Pelletier discussed her sister, Justina, and her family's fight against the DCF.

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