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15

U.S. Economic Growth Slows to 1.6%

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U.S. economic growth slowed in the first part of the year, falling short of economists’ expectations.

Mitch McConnell Wants Military-Spending Buildup After Big Win on Ukraine Aid

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The Senate minority leader is pushing to boost defense spending to confront China, Iran, Russia as he prepares to leave his post.

Energy & Utilities Roundup: Market Talk

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Eni, Iberdrola and more in the latest Market Talks covering Energy and Utilities.

Southwest to Exit Four Airports as Boeing's Problems Ripple Through Industry

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Its adjusted quarterly loss was worse than expected despite record operating revenue fueled by strong travel demand.

Peacock Adds 3 Million Paid Subscribers as Comcast Posts Revenue Bump

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The airing of an NFL Wild Card playoff game aided subscriber growth last quarter, and net profit increased 0.6% to nearly $3.9 billion. Both beat expectations.

Tech, Media & Telecom Roundup: Market Talk

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AT&T, Rogers Communications and more in the latest Market Talks covering Technology, Media and Telecom.

Auto & Transport Roundup: Market Talk

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Jet2, Volvo Car and more in the latest Market Talks covering the Auto and Transport sector.

Basic Materials Roundup: Market Talk

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Air Liquide, Hochschild Mining and more in the latest Market Talks covering Basic Materials.

Investors Cheer Sales Growth at Ben & Jerry's Owner Unilever

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Unilever sold more products at higher prices last quarter, a shot in the arm for Chief Executive Hein Schumacher who has been under pressure to deliver stronger growth.

14

Financial Services Roundup: Market Talk

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Deutsche Boerse, Societe Generale and more in the latest Market Talks covering Financial Services.

American Airlines Gives Upbeat Guidance

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The carrier’s shares climbed more than 4% premarket as it swung to a loss in the first three months of the year but provided a positive second-quarter forecast. The airline reduced its total debt by nearly $950 million.

Mining Giants Weigh $39 Billion Megadeal

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Mining giant BHP has offered to buy longtime rival Anglo American in a deal that could reshape the global industry.

Arrests at Universities Pile Up as Pro-Palestinian Protests Spread

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The protests that began at Columbia University have spread to other states from Texas to California, where students have set up encampments on campuses.

The Soaring Dollar Has Put Yen Traders On High Alert

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The yen weakened to nearly 156 per dollar, hitting its lowest level in almost 34 years and putting traders on alert for possible intervention.

JPMorgan CEO Jamie Dimon Gives a Soft Landing Long Odds

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Jamie Dimon says the U.S. consumer is in good shape right now, but a huge fiscal deficit and geopolitical challenges make him cautious about the future. He sits down with our editor in chief.

Oracle's Jump to Nashville Surprises Austin

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The software giant said it is making the leap to get closer to the healthcare industry.

Protesters Are Demanding Colleges Divest From Israel. Here's Why That's Not Happening.

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Endowment chiefs say divesting would set a questionable precedent, prove challenging and raise fiduciary questions.

For Beaten-Down Maker of Alzheimer's Drug, Good Enough Will Do

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In-line sales for Alzheimer’s drug Leqembi and a beat for rare-disease drug Skyclarys has Wall Street giving Biogen another chance.

13

Tokyo Exchange Courts Asian Startups for IPOs

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The Tokyo Stock Exchange aims to attract listings from Asian startups, leveraging the market’s recent gains and positioning itself as a preferred fundraising destination for companies outside Japan.

Nasdaq Futures Fall as Meta Slides

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Stock futures fell, with the Nasdaq-100 posting the biggest losses as Meta dragged down the wider tech sector.

Room & Board Sets Up Employee Stock Ownership Plan, Giving Workers A Stake

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Room & Board, the Minneapolis-based modern furniture retailer, is giving employees a financial stake in the company via a new employee stock ownership plan.

BlackRock-Temasek Venture Amasses $1.4 Billion for Clean-Energy Wagers

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The firms’ Decarbonization Partners raised its first fund to support emissions-reducing technologies.

Project Primus Looks to Teach Family Scions How to Invest

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The investment boot camp, which requires a $1 million commitment, aims to capitalize on the coming multitrillion-dollar generational wealth transfer.

What Marketers Should Know About Ibotta, the Digital Promotions Company That Just Went Public

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The Walmart-backed company provides consumers with cash back and other deals in exchange for their purchase data.

EveryONE Medicines: Designing Drugs for Rare Diseases, One at a Time

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Khosla Ventures, GV, Third Rock Ventures back effort to create medicines for individual patients with rare central nervous system diseases.

Retire at 65? It's More Like 62.

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A new study suggests people are overly optimistic about how much they can work later in life.

12

LG Electronics Posts Profit Turnaround on Steady Revenue Growth

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The South Korean company saw steady revenue growth at its home-appliance and vehicle-component businesses, and forecasts a gradual recovery in global demand for consumer electronics this year.

Cnooc Posts Record Net Profit on Higher Oil Price, Production

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Cnooc reported a record high net profit for the first quarter, supported by increased efforts in oil and gas exploration, and steady growth in net oil and gas production.

Rockford Is Now America's Top Housing Market After an Improbable Turnaround

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The Illinois metro area, west of Chicago, was one of nearly a dozen in the Midwest ranking among the top 20.