Facebook Posts Surge in Revenue as It Tackles User-Data Crisis

Facebook, in its first earnings report after touching off widespread data-privacy concerns, posted soaring revenue and profit that highlighted the company’s central place in the digital economy....

GM's Profit Sinks on Restructuring, Other Costs

GM’s first-quarter net income sank 60% amid hefty restructuring costs in South Korea and lost production in the U.S. from planned factory downtime....

Southwest Forecasts Weaker Bookings After Fatal Accident

Southwest Airlines warned of weaker revenue ahead as the company continues to deal with the fallout of last week’s fatal accident following an engine blowout on a flight from New York to Dallas....

The Million Dollar Cancer Treatment: Who Will Pay?

A new wave of genetic-based therapies for treating cancer are creating sticker shock, as the drugs and related care for a single patient can run up close to a million dollars. ...

Is Big Oil Back? Investors Aren't So Sure

Rising crude prices are supercharging earnings at the world’s major oil firms, but investors may need more convincing that Big Oil is back....

ECB Signals Faith in Economy as It Maintains Policy Mix

European Central Bank President Mario Draghi said he expects economic growth in the eurozone to remain solid, indicating that signs of a slowdown haven’t prompted policy makers to reassess their stimulus policies....

U.S. Jobless Claims Drop to Lowest Level Since 1969

The number of Americans applying for unemployment benefits fell to the lowest level since 1969, the latest sign the labor market is firming after years of steady job growth....

U.S. Durable-Goods Orders Rose 2.6% in March

Demand for long-lasting U.S. factory goods rose in March due to increased aircraft orders, but an underlying proxy for business investment fell....

Beijing Ready to Hit Back if U.S. Curbs Chinese Investments

The U.S. threat of investment restrictions is already damping the enthusiasm of Chinese businesses, with some canceling or slowing plans to invest in the American market....

U.S. New Home Sales Rose in March

U.S. new-home sales surged in March, capping off a strong first quarter in a segment of the housing market characterized by solid buyer demand....