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Facebook Posts Surge in Revenue as It Tackles User-Data CrisisFacebook 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 CostsGM'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 AccidentSouthwest Forecasts Weaker Bookings After Fatal Accident

Southwest Airlines said bookings have dropped since last week’s fatal accident on a flight from New York to Dallas as the company and rival carriers are also facing a sharp jump in fuel prices, prompting some to raise fares.

The Million-Dollar Cancer Treatment: Who Will Pay?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.

Oil Giants Reap Gains of Higher Prices, but Investors Are WaryOil Giants Reap Gains of Higher Prices, but Investors Are Wary

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

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

ECB Seeks Clarity on Economy Before Next MoveECB Seeks Clarity on Economy Before Next Move

European Central Bank President Mario Draghi put off a decision on the future of the bank’s giant bond-buying program, saying officials want to better understand a recent slowdown in the eurozone before taking fresh steps to phase out easy money.