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Apple removes Nest Labs thermostats from US stores

Last Updated: Saturday, July 25, 2015, 09:31

Apple Inc said it had removed Nest Labs` Internet-connected thermostats from its U.S. online and retail stores, a year after the home automation maker was bought by Google Inc for $3.3 billion.

Amazon surprises with quarterly profit, stock rallies

Last Updated: Friday, July 24, 2015, 09:06

Amazon.com 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.