Annie Palmer / CNBC:
Amazon reports Q2 ad revenue up 23% YoY to $15.7B, vs. $14.9B est., and subscription services revenue up 12% YoY to $12.2B  —  Amazon shares slid more than 3% in extended trading on Thursday after the company reported second-quarter results that exceeded expectations, but it gave light operating income guidance for the current period.

Amazon:
Amazon reports Q2 revenue up 13% YoY to $167.7B, vs. $162.09B est., forecasts Q3 operating income of $15.5B-$20.5B, vs. $19.48B est.; AMZN drops 6%+ after hours  —  Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its second quarter ended June 30, 2025.

Subway stations flooded. Cars got stuck on a Queens parkway. Park staircases became waterwalls in Brooklyn. But, overall, New York City mostly avoided the worst possible outcome from Thursday evening’s torrential rain storm. New York City was under a flood watch Thursday afternoon, bracing for potentially dangerous and disruptive flooding in streets, basement apartments and […]

The post Heavy Rain Again Scrambles Commute for NYC, But City Escapes Forecast’s Worst appeared first on THE CITY - NYC News.

This story is part of Summer & THE CITY, our weekly newsletter made to help you enjoy — and survive — the hottest time in the five boroughs. Sign up here. By day, Brad Reid is an attorney in the legislative division of the City Council, reviewing bill drafts and talking about policy with lawmakers. […]

The post Your Government at Play: On the Field With NYC’s Municipal Softball League appeared first on THE CITY - NYC News.

Bloomberg:
Sources: Salesforce and ServiceNow are in talks to invest ~$750M each in Genesys, which uses AI to automate customer service functions, valuing Genesys at ~$15B  —  Salesforce Inc. and ServiceNow Inc. are each in advanced talks to invest about $750 million apiece in Genesys Cloud Services Inc. …