Amazon Tries Its Own Deliveries

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Amazon is testing its own delivery network for the final leg of a package's journey to consumers, putting it closer to same-day shipping.

FCC Chairman Makes the Call, Takes the Flak

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Tom Wheeler has been FCC chairman for less than six months but his mode of operation is already clear: He often unilaterally stakes out positions on issues facing the agency, even when they are sure to be unpopular.

German Team Urged to Shun Moscow

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The Schalke soccer club is one of a number of German companies trying to take a business-as-usual stance with Russia as they come under political pressure to avoid appearing to part of Moscow's propaganda efforts.

Amazon Again Reports Thin Profits

Related Link: Inc. reported another quarter of skimpy profits, despite better-than-expected revenue growth, as the Web-commerce giant spent heavily on shipping, cloud computing and other initiatives.

Starbucks Profit Rises as Sales Increase

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Starbucks reported higher earnings for its fiscal second quarter as customers continued to indulge in specialty coffees and baked goods.

Volkswagen Temporarily Laying Off 900 in Brazil

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Volkswagen is temporarily laying off about 900 workers at its Anchieta plant near São Paulo, Brazil, due to slow sales, according to the local workers union.

GE in Talks to Buy Alstom Unit

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GE is in talks to buy the energy operations of France's Alstom, a move that would help the U.S. company reduce its reliance on its finance business.

Ex-KPMG Partner Gets 14 Months in Prison

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Former KPMG partner Scott London, who pleaded guilty to an insider-trading scheme, was sentenced to 14 months in prison.

FDA Approves HPV Test That Could Be Used Instead of Pap Smear

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The Food and Drug Administration on Thursday approved the first DNA test for human papillomavirus, or HPV, that could be used instead of the Pap test in a cervical-cancer screening program.

Newmont Earnings Fall 68%

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Newmont Mining said its first-quarter earnings slid 68% to $100 million as the gold and copper producer reported weaker commodity prices, though production grew.

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