Google paid $26 billion in 2021 to become the default search engine on browsers and phones
The number is a more granular look into how much Google pays partners, including Apple, to be the default search engine on their products.
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Microsoft's AI boost helped cloud business outpace rivals Amazon and Google in latest quarter
Large cloud vendors are still helping clients work through necessary cost cuts, but Microsoft Azure has gotten a boost from artificial intelligence.
What China's slow-motion real estate crisis means for the global economy
China's property industry is collapsing in slow motion, with indebted major developers, and the IMF has cut growth forecasts, citing the sector as a big reason.
Spirit Airlines halts new pilot, flight attendant training after difficult quarter, Pratt engine issue
A Spirit Airlines memo said new pilot and flight attendant training would be suspended next month "until further notice."
The Federal Reserve may not hike interest rates next week, but consumers are unlikely to feel any relief
The Federal Reserve is expected to announce no rate hike at the end of its two-day meeting next week. Here's what that means for your wallet.
GM, UAW may be nearing a labor deal after marathon negotiating session
General Motors and the United Auto Workers could be close to a deal to end a weekslong strike, after Ford and the union reached an agreement earlier this week.
Rep. George Santos pleads not guilty to new fraud, identity theft charges
Santos hinted he would plead not guilty to the latest charges, and he repeated his vow not to resign from Congress.
Key Fed inflation gauge rose 0.3% as expected in September; spending tops estimate
The core personal consumption expenditures price index was expected to increase 0.3% in September.
Pharmacy staff from Walgreens, CVS say they’re at a breaking point — here’s what their days look like
Workers are concerned that Walgreens and CVS are placing unreasonable demands on them, without providing enough resources to safely execute tasks.
Global bond rout looks 'tremendously dangerous' for stocks, hedge fund manager warns
An intensifying bond rout is creating a "tremendously dangerous" outlook for global equities, according to Livermore Partners' CIO.
Cruise pauses all driverless operations after collisions with pedestrians, permit suspensions in California
The orders of suspension followed a barrage of incidents since Cruise received approval to conduct around-the-clock robotaxi service in San Francisco.
Sam Bankman-Fried's lawyers reveal his planned testimony in FTX fraud trial
Bankman-Fried faces seven criminal counts, including wire fraud, securities fraud and money laundering, that could land him in prison for more than 100 years.
Amazon's profit margin nears record after CEO Andy Jassy's dramatic cost-cutting efforts
Amazon reported an operating margin of 7.8% in the third quarter, the highest since it reached a record of 8.2% in early 2021.
Intel stock rises on earnings beat and strong revenue guidance
Intel CFO David Zinsner said in a statement that the company's earnings per share benefited from controlling expenses.
Comcast investors focus on lack of broadband growth as shares slump
Comcast has tried to push investors to consider other metrics, but shareholder focus continues to be on lack of broadband growth.
Manhunt underway for suspect in Maine shooting that left at least 18 people dead
The suspect in the shooting, Robert Card, remains at large and is considered armed and dangerous, police said.
Amazon's cloud group becomes more profitable but misses on top line
Amazon Web Services became more profitable than it's been in two years, as its parent company eased up on expense growth across the board.
Amazon reports better-than-expected results, as revenue jumps 13%
Amazon reported earnings after the bell. Here are the results.
Amazon’s advertising revenue tops $12 billion in the third quarter
Amazon's latest financial results on Thursday, the online retail giant said its ad business recorded $12 billion in revenue during the third quarter.
Ford misses Wall Street's Q3 expectations, pulls guidance due to UAW strike, pending deal
Ford Motor reported earnings after the bell. Its EV unit lost more than $1.3 billion in the quarter.
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