GM's profit plunges, Wal-Mart ousts U.S. CEO, Facebook's stunning quarter

THE FORTUNE DAILY Thursday, July 24, 2014

GM's profit plunges 83% on recall costs Top U.S. automaker hit by the cost of numerous recalls and the expected cost of a compensation fund for those killed or injured by a faulty ignition switch.

Will icy reviews extinguish the Amazon Fire? Tech writers have spoken, saying Amazon's Fire Phone fails to please despite its differentiating features like Dynamic Perspective and Firefly.

Wal-Mart ousts CEO of U.S. business Bill Simon Simon will be succeeded by Greg Foran, a 35-year retail veteran.

Facebook's mobile ads fuel big profits The social media giant has steadily increased mobile ad sales in recent years and is reaping the rewards.

Whistleblower unmasked as partners battle over $14.7 million award A new lawsuit has unveiled the identity of a man whose tip halted a $147 million fraud involving a controversial citizenship scam.

By Laura Lorenzetti Bill Ackman's crusade against Herbalife is running out of time Is Bill Ackman hoping to get sued by Herbalife? That may be his next best step.

By Geoffrey Smith From the eurozone's periphery, some good news at last Spain's legions of unemployed are slowly returning to work, while a Portuguese bank's capital raising shows that markets are can tell the difference between the wheat and the chaff.

By Michal Lev-Ram Can Jack Dorsey help close the gender gap in tech? Fortune sits down with the Twitter and Square founder to discuss his companies' role in facilitating a more diverse employee base in technology.

Bristol-Myers profits beat estimates as it readies new immuno-harnessing cancer drug

Is there a legal case for work-life balance?

GM expects to pay up to $600 million to victims of faulty ignition switches

3M posts broad second-quarter sales growth; profit up 5.8%

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