Is It Over for Tablet Computers?

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As smartphone screens grow larger and laptop computers grow thinner and lighter, sales of the iPad are declining and growth slowing for rival Android tablets.

Caterpillar's Revenue Disappoints

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Caterpillar said its profit rose 4.1% as the machinery maker benefited from lower operating costs and strong construction results, while its mining-related business continued to post weak results.

Southwest Airlines Profit Surges, Beats Expectations

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Southwest Airlines Co. said its second-quarter earnings more than doubled as the carrier reported higher passenger revenue and lower fuel costs.

Meal-Delivery Startups Look for Winning Recipe

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Meal-delivery startups such as Plated and Blue Apron, along with their investors are hoping to avoid the fate of dot.com era food industry failures.

Boston Scientific Profit Slips

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Boston Scientific Corp. said second-quarter earnings fell as higher costs, including a $267 million litigation-related expense, masked an increase in revenue.

GM's Profit, Hit by Recalls, Tumbles 80%

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GM reported an 80% drop its second-quarter net profit, with earnings hit by $1.5 billion in charges related to vehicle recalls and money set aside to fund a compensation plan for victims of accidents linked to defective ignition-switches.

Supervalu Profit Falls 49%

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Supervalu said its fiscal first-quarter earnings fell 49% as the supermarket operator was hit by weaker margins and a modest sales decline, while the year-earlier period included a tax benefit.

United Continental Profit Rises 68%

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United Continental Holdings said its second-quarter profit surged 68% as passenger revenue climbed.

Scholastic Profit, Revenue Rise

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Scholastic Corp. said its fiscal fourth-quarter profit rose 31% as revenue increased in four of the company's five operating segments.

Wipro's Profit Climbs 30%

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Indian software exporter Wipro said net profit rose 30% in the first quarter, helped by a revival in orders from the U.S. and Europe.

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