Amazon earning

Amazon surprises with quarterly profit, stock rallies Inc swung to an unexpected quarterly profit on higher sales in North America, its popular Prime subscription service and growing demand for its Web services, sending the online retailer`s shares up more than 17 percent.

Jul 24, 2015, 09:06 AM IST

Bezos defends Amazon's lack of profits, stance on publishers

Jeff Bezos, the chief executive of Inc, was unapologetic about his twenty-year-old company`s lack of profit during a rare public appearance on Tuesday, noting he spends just six hours a year on investor relations.

Dec 03, 2014, 09:02 AM IST