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GM Quarterly Profit Surges

General Motors Co. said today its first-quarter profit rose sharply compared with a year earlier despite having to deal with a global shortage of computer chips.

Boeing Extends Retirement Age for CEO

Boeing said its Board of Directors has extended the company's age-65 standard retirement to age 70 for CEO David L. Calhoun. Calhoun, 64, has been the company's chief since January 2020.

Durable Goods Orders Rise in March

Durable goods orders increased in March, with various industries contributing to the gain, the U.S. Commerce Department said today.