U.S. First-Quarter GDP Growth Revised Higher to 0.8%

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The U.S. economy’s first-quarter slowdown was less pronounced than initially thought, and recent data have pointed to a pickup for growth this spring.

Activist Ackman Tries Life as an Inside Man

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After firing Valeant’s CEO, investor William Ackman has been defending the embattled drug company from outside critics.

Delay for Boeing's New Aerial Tanker

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Boeing Co. said that first deliveries of its KC-46 tankers to the U.S. Air Force will be delayed by five months.

Williams and Energy Transfer: No Rhyme or Reason

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Energy Transfer Equity’s counterclaims in a suit against Williams Cos are hard to swallow.

Yellen Says Fed Could Raise Rates 'in Coming Months'

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Federal Reserve Chairwoman Janet Yellen said a rate increase would be appropriate “probably in the coming months” if the economy and labor market continue to strengthen.

Cellphone-Cancer Link Found in Government Study

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A major U.S. government study on rats has found a link between cellphones and cancer, an explosive finding in the long-running debate about whether mobile phones cause health effects.

Verizon, Unions Reach Labor Pact

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Verizon Communications and its labor unions have reached an agreement in principle that would end a weekslong labor strike.

Silicon Valley Driverless-Car Startup Raises Fresh Capital

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The backer of a Silicon Valley autonomous car developer called Zoox said the secretive startup raised a fresh round of capital valuing it at more than $1 billion, roughly equal to a similar company General Motors Co. acquired earlier this month.

Terex-Zoomlion: Another Chinese Deal Bites the Dust

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After Zoomlion abruptly pulled the plug on buying U.S. equipment maker Terex, other potential takeover targets might want to grill their Chinese suitors on whether they have the cash, or are truly willing to pay the price.

Hulk Hogan Case Stirs Funding-Disclosure Debate

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Tech entrepreneur Peter Thiel’s financial backing of Hulk Hogan’s suit against Gawker is rekindling a debate about disclosing such arrangements.

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