Amazon has promised to cut delivery times worldwide for customers of its Prime service. Amazon Prime is a subscription service offering free delivery and access to Amazon's TV shows.
The US economy grew much faster than expected in the first quarter of the year, helped by a jump in exports and by firms building up stocks of goods. The economy expanded at an annualized pace of 3.2% in the January-to-March period, well above analysts' forecasts.
Microsoft hit the trillion-dollar value mark on Thursday for the first time, becoming the third technology giant to reach the milestone. Shares in Microsoft rallied some 5% in early Wall Street trade after a robust earnings report a day earlier to lift the value briefly above US$1 trillion
A U.S. citizen arrested in Venezuela in 2014 on weapons trafficking and attempted murder charges his family called trumped-up was released this week, his family said in a statement on Friday. Todd Leininger, 37, was arrested in western Tachira state where he and his Venezuelan wife were visiting his sister-in-law.
Supporters of the late Venezuelan president, Hugo Chávez, should have a place at the table in a democratic Venezuela, US Special Representative for Venezuela Elliott Abrams said at the Atlantic Council in Washington this week.
Cuba branded U.S. national security adviser John Bolton a “pathological liar” on Thursday for his allegation that it has troops stationed in ally Venezuela and said the latest U.S. sanctions would further hurt but not vanquish the Cuban people.
Former Vice President Joe Biden formally joined the crowded Democratic presidential contest on Thursday, betting that his working-class appeal and ties to Barack Obama’s presidency will help him overcome questions about his place in today’s increasingly liberal Democratic Party.
A United States nationwide measles outbreak has led health officials to quarantine dozens of people at two Los Angeles universities, officials said on Thursday. The quarantine affects the University of California, Los Angeles (UCLA) and California State University, Los Angeles (Cal State LA) and comes as the United States battles the highest number of measles cases since the country declared the virus eliminated in 2000.
US corn exports are facing increased competition from Brazil and Argentina, the two South American nations that are offering cargoes at competitive prices on the back of high crop output, a trend that could put downward pressure on Chicago corn prices in coming months, analysts said.
Facebook has said it will set aside US$ 3bn to cover the potential costs of an investigation by US authorities into its privacy practices. While it has provided for a heavy toll from the investigation by the US Federal Trade Commission, the final cost could be US$ 5bn, it said.