Microsoft’s Q1 strong as commercial cloud hits $34 billion annual revenue run rate

Microsoft’s first quarter was strong across the board as its commercial cloud, which now includes LinkedIn’s enterprise sales, continued its momentum and hit a $34 billion annual revenue run rate. Microsoft reported net income of $8.8 billion, or $1.14 a share, on revenue of $29.1 billion, up 19 percent from a year ago. Wall Street…

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‘Strong odor’ forces New Orleans-bound flight to divert to Los Angeles

An Alaska Airlines flight that left San Francisco for New Orleans with 136 people aboard has been diverted to Los Angeles International Airport after the flight crew detected what the airline described as a “strong odor” in the cabin. The San Francisco Chronicle reports the plane was diverted to Los Angeles on Sunday afternoon. The newspaper says…

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US Stocks Rise on Strong Earnings, Shaking Off Trade Gloom

U.S. stocks climbed Tuesday, with strong corporate earnings reports lifting major indexes as tariff tensions simmer. The Dow Jones Industrial Average added 126.73 points, or 0.5%, to 25628.91. The S&P 500 gained 8.05 points, or 0.3%, to 2858.45, its second-highest close in history and just 0.5% away from its January record. The technology-heavy Nasdaq Composite…

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US Hiring Strong in June; Unemployment Rate Rises as More Enter Labor Force

WASHINGTON—Americans are flocking to the job market as the already robust economy revs up. Hundreds of thousands of Americans started looking for jobs and employers added 213,000 to their payrolls last month, the Labor Department said Friday. Many of those job seekers were snapped up by employers while some were counted as unemployed while they…

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