Sales in Thomson Reuters’ media operations were dented, as the group saw top-line operating profit tumble 32 percent to $378 million on four percent lower sales of $3.2 billion. July-to-September sales in the unit, part of its markets division...

In its third round of layoffs this year, Microsoft (NSDQ: MSFT) says it is cutting 800 jobs across the company today. The software giant said in January that it would eliminate up to 5,000 jobs, in response to falling sales and profits. These represe...

A combination of cost savings and an increase in the number of subscribers and monthly bill rates pushed Comcast (NSDQ: CMCSA) past analysts expectations. Profits rose 22 percent to $944 million as revenue was up 3 percent to $8.8 billion, the latter...

Yahoo (NSDQ: YHOO) is testing a “search shortcut” that places real-time results above standard search results for some select queries, the company tells us. In a statement, Yahoo describes the initiative as a “test designed to disco...

Amazon posted big increases in quarterly net income and revenue Thursday; sales were up 28 percent, while net income jumped 68 percent at the e-commerce giant. Both figures easily topped analysts’ forecasts.