LinkedIn Was Downgraded 10 Times After Last Earnings Report and other top stories.

• LinkedIn Was Downgraded 10 Times After Last Earnings Report

  LinkedIn Corp (NYSE: LNKD) is set to release its Q1 results on April 28 after market close and is expected to deliver upside in both top and bottom line. Wall Street expects the online professional network to earn $0.60 a share on revenue of $828.47 million. In the same quarter last year, the company earned $0.57 a share on revenue of $637.69 million. The stock saw 13 downgrades after its fourth quarter results on February 4, with 10 of them coming the day after. The downgrades were drive..

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• EPA Paying $1 Million in Response Costs After Mine Spill

  The Environmental Protection Agency said Thursday it is reimbursing states, tribes and local governments about $1 million for their costs after the agency accidentally triggered a massive wastewater spill from a Colorado mine. The EPA said the money is being paid to Colorado, New Mexico and Utah state governments, the Navajo Nation and Southern Ute Indian Tribe, and Colorado counties and towns. Most of the money is for the cost of responding to the spill from the inactive Gold King Mine in ..

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• Uber's Tipping Point

  

  By Karen Webster Has Uber (Private:UBER) reached its tipping point? Or, more appropriately, is it tipping the future upon which Uber's business might hinge? At the crux of this discussion is last week's settlement brought about by litigation over the status of Uber drivers based on the court's interpretation of existing labor laws. Uber drivers would like to be classified as employees, instead of the "ride-sharing, gig-economy-driven, work when I want to" employees they are now. Uber entered int..

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• Viacom's Revenue Drops 3% as Media Business Struggles

  

  Photo A scene from “10 Cloverfield Lane” featuring, from left, John Gallagher Jr., Mary Elizabeth Winstead and John Goodman. Revenue from Viacom’s film division fell 1 percent last quarter. Credit Michele K. Short/Paramount Pictures Viacom isn’t out of the woods yet.Viacom, the media group that includes the MTV, Comedy Central and Nickelodeon cable television networks and the Paramount Pictures film and television studio, reported a 3 percent drop in revenue during the ..

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• Priceline CEO's Resignation Could Be a Buying Opportunity

  

  The abrupt exit of Priceline's (PCLN - Get Report) CEO should be no cause for alarm for investors. In fact, a quick pullback may be a buying opportunity, analysts said. The Norwalk, Connecticut-based online travel company announced Thursday that its chief executive since January 2014, Darren Huston, had resigned following an in-house investigation into a personal relationship he had with a fellow employee. He will be replaced by former CEO and current Chairman Jeffery Boyd as interim CEO of ..

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• Suit accuses Jessica Alba's Honest Co. of falsely labeling infant formula

  

  Honest Co., a Santa Monica start-up co-founded by actress Jessica Alba that sells more than 100 consumer products touted as healthy and nontoxic, has been hit with another lawsuit challenging its product claims.This time the product is Honest's organic infant formula, which the Organic Consumers Assn. alleged is falsely labeled because it “contains 11 substances prohibited by federal law from organics.” But Honest said Thursday that the formula was cleared by the Food and Drug Administration an..

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• Amazon profit crushes estimates as cloud-service revenue soars

  

  Amazon.com Inc (AMZN.O) on Thursday reported profit and revenue that blew past analysts' expectations, sending its shares soaring in after-hours trading and demonstrating the growing market power of its core retail business and new cloud services division.The results draw a sharp contrast to the disappointing fourth quarter Amazon reported in January, which renewed worries among some shareholders about the company's comparatively thin profit margins. Shares of the world's biggest online retail..

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