Automaker BMW Names Production Chief Zipse as New CEO
BMW has named its top production manager, Oliver Zipse, as its next CEO to lead the luxury automaker.
BMW has named its top production manager, Oliver Zipse, as its next CEO to lead the luxury automaker.
Microsoft on Thursday reported quarterly profit of $13.2 billion, powered in large part by a steadily growing cloud computing business that the company says now accounts for 30% of its total revenue.
US home construction slides 0.9% to 1.25 million in June on big drop in apartment buiding.
Netflix’s subscriber growth slows dramatically in second quarter with stiffer video streaming competition on the way.
Latest Fed survey finds economy growing modestly despite widespread concerns over Trump trade policies.
Bank of America 2Q profits rise, beating expectations, helped by higher interest rates and under control costs.
JPMorgan Chase profits grow by 16%, helped by a lower tax rate and the ability to charge businesses and consumers more to borrow money.
CSX second-quarter profit slipped 1%, falling short of what Wall Street expected as the railroad hauled 4% less freight.
US retail sales rise a solid 0.4% in June, suggesting healthy consumer spending will boost economy.
Goldman Sachs 2Q profit declines 6%, but tops estimates.