"Profits doubled to a record $5.2 billion, far exceeding analyst expectations," Sebastian Herrera reports for "The Wall Street Journal."

Shopify, which enables mom-and-pop retailers, ecommerce entrepreneurs and established brands to market wares online, saw its revenues nearly double over the same period last year.

The new direction is definitely a reversal of fortunes for the company, which has been disassembling for decades.

Tomorrow's the day for the hearing, which some expect will find the industry "has skirted federal competition laws because the protections haven't kept pace with the digital age."

Qualtrics gathers real-time feedback from customers to help analyze how a company's products or services are performing.

Google Shopping yesterday announced it was eliminating commission fees for retailers and is opening its platform to third-party providers such as PayPal and Shopify.

"So far, the United States has put money into more than a half dozen efforts, hoping to build manufacturing ability for an eventual breakthrough," reports NYT.

"I suspect Walmart Inc. has just killed a holiday shopping tradition that was badly in need of rethinking," writes 'Bloomberg' columnist.

The studio canceled Aug. 12 debut. No major new films are likely to be released in the U.S. until at least September.

TJ said labeling Chinese food "Trader Ming's" was "rooted in a lighthearted attempt at inclusiveness," but now recognizes it may "have the opposite effect."