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AP Top Business News at 1:50 a.m. EDT

Amazon's already large distribution empire keeps expanding
NEW YORK (AP) -- Online shoppers want their packages - now. And Amazon is spending heavily to make sure that happens....

Alphabet's 2Q earns soar despite rising 'moonshot' losses
SAN FRANCISCO (AP) -- Business is booming at Google's parent company, Alphabet Inc., even as it loses billions of dollars on kooky-sounding projects that may never produce any revenue....

Japan central bank adds modest stimulus, as economy coasts
TOKYO (AP) -- Japan's central bank opted Friday for a modest expansion of its lavish monetary stimulus to help perk up sluggish growth and combat deflation....

UBS posts 14 percent drop in net profit in second quarter
GENEVA (AP) -- Swiss bank UBS has reported a 14-percent drop in net profit in the second quarter, citing "pronounced low client activity" amid economic and geopolitical uncertainties and other market weakness....

Alphabet
MOUNTAIN VIEW, Calif. (AP) -- Alphabet Inc. (GOOGL) on Thursday reported second-quarter earnings of $4.88 billion....

Amazon
SEATTLE (AP) -- Amazon.com Inc. (AMZN) on Thursday reported second-quarter profit of $857 million....

British PM: Immigration control must be part of EU-UK deal
WARSAW, Poland (AP) -- British Prime Minister Theresa May made brief stops in two eastern members of the European Union on Thursday, stressing that her government seeks to remain engaged with them - and even intensify ties - despite its plans to leave the bloc....

Asian markets mixed as BoJ decision on stimulus awaited
MANILA, Philippines (AP) -- Asian markets were mixed early Friday as cautious investors await the Bank of Japan's decision on monetary stimulus. Any indication its stimulus policy is coming to an end is seen to cause nervousness, while an unexpectedly aggressive stimulus would likely be well received by stock markets....

US homeownership rate of 62.9 percent matches a 51-year low
WASHINGTON (AP) -- The proportion of U.S. households that own homes has matched its lowest level in 51 years - evidence that rising property prices, high rents and stagnant pay have made it hard for many to buy....

Forrest Mars Jr., who shaped global candy empire, dies at 84
SEATTLE (AP) -- Forrest E. Mars Jr., who helped shape Mars Inc. into a multi-billion dollar confectionary empire with beloved brands such as M&M's and Snickers bars, has died. He was 84....

Business Video
Multimedia
Captains of industry: Comparing CEO pay and performance
Unemployment by the numbers
Up to the Minute
Japan central bank adds modest stimulus, as economy coasts

Union chief says American pushing pilots to speed up flights

Business Highlights

Railroads might have to let rivals serve their customers

Ford and Whole Foods skid, Alere and Facebook jump

Ford surprises with lower 2Q profit on trouble in US, China

Figures on government spending and debt

Markets Right Now: US stocks end mostly higher

Allegiant pilots OK contract after long fight with airline

Long-term US mortgage rates edge higher this week