Business

Business Amazon's value surpasses Wal-Mart after surprise profit surge Amazon's value surpasses Wal-Mart after surprise profit surge
It's official: Amazon is bigger than Wal-Mart. Shares of Seattle-based Amazon surged 15 percent on Friday after the e-commerce powerhouse reported a surprise second-quarter profit and a better-than-expected 20 percent jump in revenue.
Business Why airlines keep pushing biofuels: They have no choice Why airlines keep pushing biofuels: They have no choice
The number of global fliers is expected to more than double in the next two decades. In order to carry all those extra passengers, airlines are turning to a technology very few can make work on a large scale: converting trash into fuel.
Business Taxes and more taxes: Greeks grapple with new price hikes Taxes and more taxes: Greeks grapple with new price hikes
In return for getting a bailout request to European creditors off the ground, the government of Prime Minister Alexis Tsipras has had to enact a series of confidence-building measures, the biggest of which was a steep increase in the sales tax from 13 to 23 percent.