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Earnings Report

Microsoft's fiscal 1Q shines with help from new bright spots

Microsoft Corp.'s expansion beyond its empire in personal computer software paid off again in its fiscal first quarter as it mined new revenue sources in online subscriptions, gaming and its LinkedIn professional networking service.

Visa 4Q results climb 33 percent, beat estimates

Payment processing giant Visa Inc. is saying its fiscal fourth quarter profits rose by 33 percent from a year earlier, helped by a lower tax rate and more payments processed on its signature network.

Business Highlights

___ Tech companies lead another steep sell-off in US stocks NEW YORK (AP) —Another torrent of selling gripped Wall Street Wednesday, sending the Dow Jones Industrial Average plummeting more than 600 points and extending a losing streak for the be nchmark S&P 500 index to a sixth day.

How major US stock indexes fared Wednesday

Stocks closed sharply lower on Wall Street Wednesday, led by a swoon in technology companies that erased the S&P 500 and the Dow Jones Industrial Average's gains for the year.

The Latest: Tesla delivers on Elon Musk's profit pledge

The Latest on Tesla's quarterly results (all times local): 4:57 p.m. Tesla Motors delivered on CEO Elon Musk's promise to make money during its latest quarter after fulfilling his pledge to boost production of its first electric car designed for the mass market.