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Amazon’s dominance comes at a high cost

History has repeated itself for Amazon. Following a series of strong quarterly results, the company has yet again shrugged off Wall Street’s expectations and posted an unexpectedly low profit. The clear culprit was — yet again — Amazon’s penchant for shoveling billions more dollars into its businesses to amp up their growth. In its earnings report Thursday, the company said …

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Low LG G6 sales dent LG’s earnings. Can its next phone save it?

LG is disappointed. Sales for its flagship G6 smartphone are less than stellar. The electronics company announced its second-quarter earnings Thursday, saying the quarter was a “challenging” one for its mobile business. LG said that even though mobile had revenues of $2.39 billion, it had an operating loss of $117 million. That means growth for mobile has stayed stagnant over …

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