Amazon Expanding One-Day Prime Shipping as Sales Growth Slows

By Karen Weise SEATTLE — Amazon grew into a giant by selling everything under the sun. Its strongest growth lately has been in the cloud. The company on Thursday topped analyst forecasts for the first quarter, notching $3.6 billion in profit on almost $60 billion in sales. That compares with a $1.6 billion profit on $51 billion […]

Magic Leap Raises $280 Million From NTT DoCoMo

By Michael J. de la Merced Magic Leap, the maker of augmented-reality goggles, has already raised $2.3 billion, an extraordinary amount for a start-up. Now it has secured yet another investment — and could raise still more cash. The company said Friday that it had garnered $280 million from NTT DoCoMo, Japan’s biggest cellphone service provider, […]

Chasing Growth, a Women’s Health Start-Up Cut Corners

By Tess Riski, Natasha Singer and Katie Thomas When Matt Cronin worked in customer service at Nurx, a San Francisco start-up that sells prescription drugs online, one of his jobs was to manage the office’s inventory of birth control pills. The pills were kept in the pockets of a shoe organizer hanging inside a closet, Mr. Cronin said. They […]

Facebook Opens a Command Post to Thwart Election Meddling in Europe

The social network took the wraps off a special operations center in Dublin ahead of this month’s European Union voting. By Adam Satariano DUBLIN — Inside a large room in Facebook’s European headquarters in Ireland’s capital, about 40 employees sit at rows of desks, many with two computer screens and a sign representing a country in […]

Facebook Faces a Big Penalty, but Regulators Are Split Over How Big

The F.T.C. chairman seems to have the votes to approve a settlement. One of the biggest issues has been whether to hold Mark Zuckerberg liable for future violations. By Cecilia Kang WASHINGTON — Facebook’s announcement in late April that it had set aside $3 billion to $5 billion to settle claims that it mishandled users’ personal data suggested […]

Billionaire Carl Icahn Discloses Subpoena Over Stock Trading

By Matthew Goldstein Carl C. Icahn, the billionaire investor who was a close confidant of President Trump, has received a second subpoena from federal prosecutors in Manhattan, this one related to a series of stock trades last year. Icahn Enterprises, one of Mr. Icahn’s main investment companies, disclosed in a regulatory filing on Thursday that it […]

DealBook Special: Berkshire Hathaway Annual Meeting

By Stephen Grocer and Peter Eavis Greetings from Omaha where the Berkshire Hathaway annual meeting just wrapped up. I questioned Warren Buffett and Charlie Mungeralong with other journalists, analysts and shareholders. Here’s a cheat sheet to the day’s highlights. (Was this email forwarded to you? Sign up here.) Welcome to the ‘Woodstock for Capitalists’ It’s that time of year again […]

Boeing Believed a 737 Max Warning Light Was Standard. It Wasn’t.

By David Gelles and Natalie Kitroeff When Boeing began delivering its 737 Max to customers in 2017, the company believed that a key cockpit warning light was a standard feature in all of the new jets. But months after the planes were flying, company engineers realized that the warning light worked only on planes whose customers had bought […]

Hunt for Operators of Illicit Marketplace Leads to Arrests in Germany

By Jack Ewing WIESBADEN, Germany — A team of international investigators said Friday that they had shut down an online marketplace for illegal drugs, weapons, stolen data and other contraband with more than one million customer accounts, illustrating how crime fighting has increasingly become a battle in cyberspace. Investigators from the F.B.I., I.R.S. and Drug Enforcement […]