LOS ANGELES (Reuters) - Online retailer Amazon.com (AMZN.O) posted a sharp rise in third-quarter net profit on Tuesday, helped by robust domestic and international sales and the latest Harry Potter book.
Wal-Mart Stores Inc. will cut back on spending to build newstores and tighten cost controls as sales growth slows over thenext three years, Chief Financial Officer Tom Schoewe toldinvestors and analysts at a conference Tuesday.
CALABASAS, Calif. (AP) - Countrywide Financial Corp., thenation's largest mortgage lender, said Tuesday it will begincalling borrowers to offer refinancing or modifications on $16billion in loans whose interest rate is set to adjust by the end of2008.
NEW YORK (AP) - Shares of Research in Motion Ltd. surged Tuesdayafter the BlackBerry maker and French telecommunications companyAlcatel-Lucent announced plans to sell the popular gadget in China.
SAN FRANCISCO (Oct. 23) - The son of Italian immigrants who turned an Armenian recipe into Rice-A-Roni, the popular dish known to Americans since the 1960s as "The San Francisco Treat,"has died, his family said on Monday.
