What's News: Business & Finance -- WSJ
May 01 2019 - 3:02AM
Dow Jones News
This article is being republished as part of our daily
reproduction of WSJ.com articles that also appeared in the U.S.
print edition of The Wall Street Journal (May 1, 2019).
Apple posted its first back-to-back drop in quarterly sales and
profit in more than two years, but reported strength in areas
beyond its struggling iPhone business.
Facebook revamped its core platform as CEO Zuckerberg moves to
address criticism of the social-media giant's influence.
Berkshire Hathaway agreed to inject $10 billion into Occidental
Petroleum's bid to acquire Anadarko and fight off Chevron.
GE swung to a profit in the first quarter and reported stronger
cash production than expected.
Major U.S. stock indexes wrapped up their best four-month start
to a year since at least 1999.
The eurozone economy regained some lost momentum at the start of
2019, GDP data showed.
Massachusetts regulators said Wynn Resorts can retain its
license to open a new casino in the state.
McGraw-Hill and Cengage plan to merge, combining the closely
held companies in an all-stock deal.
GM warned that weaker results from China will continue to weigh
on its bottom line this year.
Ex-Google CEO Schmidt will leave the board of Alphabet, the
search giant's parent company.
A federal judge approved a new deal clarifying how Tesla must
oversee Musk's use of Twitter.
(END) Dow Jones Newswires
May 01, 2019 02:47 ET (06:47 GMT)
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