China has set its Gross Domestic Product growth target at "around 7 percent" for 2015, the lowest in 11 years, focusing on quality over quantity as it overhauls its growth model. (CNBC)
As the landscape of media, especially TV viewing evolves two leaders may be teaming up. Apple and HBO are closing in on a deal to include HBO's streaming service on Apple TV. (WSJ)
Employers cut fewer jobs, 50,579, in February than in the previous month, but total layoffs remained high compared to a year ago as the energy sector continues to slash employment, according to a report by Challenger, Gray & Christmas.
The Reinhart family is doing their part. Costco reported quarterly profits up over 29%, boosted by a tax benefit related to its special cash dividend. Overall sales rose 4.8% and same-store sales rose a better-than-expected 8%. (Reuters)
Mining equipment manufacturer Joy Global reported first-quarter profits of $23.6 million on sales of $704 million. The results missed Wall Street expectations. Joy Global shares have dropped slightly more than 9% since the beginning of the year and are down 23% in the last 12 months. (Associated Press)