What's News: Business & Finance -- WSJ

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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