Some of Thursday’s top business news stories:
The Associated Press
US economic growth likely slowed in January-March quarter, by Paul Wiseman
Food prices fall on world markets but not on kitchen tables, by Paul Wiseman and Evelyne Musambi
CNN
American living standards are on the line in the debt ceiling drama, by Christine Romans
The Wall Street Journal
Facebook Parent Meta Platforms Sees First Sales Increase in Nearly a Year, by Salvador Rodriguez
What’s Next for Microsoft, Activision After U.K. Rejects Deal, by Sarah E. Needleman
CNBC
Comcast beats estimates despite slowing broadband growth, higher Peacock losses, by Lillian Rizzo
Southwest posts wider-than-expected loss as toll of holiday crisis stretches into 2023, by Leslie Josephs
Reuters
AstraZeneca increases bets on China as COVID vaccine sales fade, by Maggie Fick and Natalie Grover
Companies’ cost inflation is slowing but shoppers may wait for lower prices, by Richa Naidu and Dominique Vidalon
