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1 Article
Source: Reuters

Amazon more than doubles profit but signals more spending ahead

Today 07:00 GMT

Inc on Thursday trounced first-quarter profit estimates as demand for its cloud and ad services soared, but the company indicated that bigger spending was in store that might limit its windfall.

The company forecast net sales of between $59.5 billion and $63.5 billion for the second quarter, the midpoint of which was below analysts’ average estimate of $62.37 billion, according to IBES data from Refinitiv.

1 Article
Source: Fox News

Arrest made in double homicide of ex-pro hockey player, community advocate, police say

Today 07:00 GMT

Police said suspect Jamon Rayon Buggs, 44, of Huntington Beach, was being held at the Orange County Jail on suspicion of breaking into two homes in Irvine on April 20-21 when police charged him in the double homicide case, FOX 11 of Los Angeles reported.

A man who was already in custody on suspicion of burglarizing two homes in Irvine, Calif. was arrested Thursday in connection with the slayings of a former professional hockey player and a mother of two in Newport Beach, Calif.

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