- Exxon sees smallest profit in 16 years, Chevron posts loss
DALLAS (AP) — Motorists are saving billions on cheaper gasoline, but the long slump in oil prices is taking a heavy toll on companies that find and produce crude.
- US stocks hit by health care woes but avoid bigger losses
NEW YORK (AP) — U.S. stocks fell Friday as health care and technology companies continued to report weak first-quarter results, but thanks to some late buying, they managed to avoid major losses.
- Oculus Rift delays flatten virtual-reality fan fervor
LOS ANGELES (AP) — Virtual reality, oddly enough, isn't immune to the problems that arise in practical reality. Just ask would-be fans of the Oculus Rift headset, many — possibly most — of whom are still waiting for their $600 gadgets more than four weeks after they started shipping .
- US places 5 countries on trade monitoring list
WASHINGTON (AP) — The Treasury Department has placed five countries — China, Japan, Germany, South Korea and Taiwan — on a new monitoring list designed to pressure foreign governments to tackle large trade imbalances with the United States.
- Yahoo CEO could get $55M in severance pay in potential sale
SAN FRANCISCO (AP) — Yahoo CEO Marissa Mayer will walk away with a $55 million severance package if the company's auction of its Internet operations culminates in a sale that ousts her from her job.
- Eurozone economy regains size of 2008 but remains shaky
LONDON (AP) — It's been a long and tortuous journey, but the eurozone economy is finally back to the size it was before the global financial crisis.
- Valeant files overdue financial report, ending debt default
Valeant Pharmaceuticals resolved its default on some of its $30 billion in debt by finally filing its long-overdue U.S. financial report for 2015 on Friday. The badly tarnished Canadian drugmaker also announced a slate of mostly new nominees for elections to its board in June.
- First widely available Zika test OK'd for emergency use
WASHINGTON (AP) — The first commercial test for the Zika virus has been cleared for emergency use in the U.S. and could be available by next week.
- Whole Foods exec: No tattoo shops planned for new chain yet
NEW YORK (AP) — Whole Foods is prepping for the launch of its hipster new grocery chain. But shoppers won't be able to get a tattoo with their cheese just yet.
- Proposed rule would delay questions about criminal history
WASHINGTON (AP) — The Obama administration wants federal agencies to stop asking early questions about some job applicants' criminal history, part of an effort to help ex-convicts enter the job market and decrease the number of those who end up back in prison.
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