Amazon Posts Record Profits as Consumers Continue Shopping Online Amid COVID-19 Crisis

Amazon on Thursday reported its biggest profit ever as consumers turned to the online retailer for their shopping needs and businesses paid it more to warehouse and advertise their products. Shares rose 4 percent in after-hours trade. Since the start of the US coronavirus outbreak, shoppers have relied increasingly on Amazon for delivery of home […]

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California Democrats sharpen messaging against Gavin Newsom recall

Republican voters angry at Newsom’s liberal policies on immigration, criminal justice reform and more launched the longshot recall effort last year. AP Photo SACRAMENTO: California Democrats sharpened their anti-recall messaging Saturday during the state party’s annual convention, arguing removing Gov. Gavin Newsom from office early would roll back immigrant rights and criminal justice reforms, stall […]

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Top Leader Ayatollah Ali Khamenei

Supreme leader Ayatollah Ali Khamenei did not explicitly cite the leaked audio or Zarif’s name (File) Tehran: Supreme leader Ayatollah Ali Khamenei Sunday slammed as a “big mistake” remarks by Iran’s foreign minister, a week after audio emerged of the latter bemoaning the military’s influence on diplomacy. Top diplomat Mohammad Javad Zarif, a long-standing key […]


Verizon Near Deal to Sell Yahoo and AOL

The private equity firm has been on a buying spree in the past few months, announcing deals to acquire the crafts retailer Michaels and the Venetian resort in Las Vegas. It has also had a shake-up in its senior ranks, with its co-founder, Leon Black, announcing in late March that he was stepping down as […]