• In this Thursday, April 28, 2016, file photo, trader David O'Day works on the floor of the New York Stock Exchange. U.S. companies are on track for their third straight decline in quarterly earnings, the worst streak since the financial crisis, a result of low oil prices and weak economic growth. (AP Photo/Richard Drew, File)

    Corporate earnings keep falling, but there are signs of life

    NEW YORK (AP) — Are we there yet? It’s another weak quarter on Wall Street, but there are some signs corporate America will come out of its recent funk.

    Updated: 5:17 pm

  • In this April 6, 2016, photo, a newly completed Titan rolls off the line at the Nissan Canton Vehicle Assembly Plant in Canton, Miss. America’s love of trucks and SUVs helped push most automakers to healthy sales gains in April 2016 as Honda and Nissan reported best-ever April sales. Ford posted record SUV sales, while Toyota broke a record for SUV and truck sales. (AP Photo/Rogelio V. Solis)

    Honda, Nissan break records as auto sales stay hot in April

    DETROIT (AP) — America’s love of trucks and SUVs helped push the auto industry to its best April ever, with most automakers reporting healthy increases.

  • Correction: Buffett arrives for Berkshire Hathaway meeting

    OMAHA, Neb. (AP) — In a story April 30 about Berkshire Hathaway’s annual shareholders meeting, The Associated Press reported erroneously that Fabio Rivera is a student at the University of Arkansas. He attends Harding University in Searcy, Arkansas.

  • Ferrari driver Kimi Raikkonen of Finland steers his car during the Formula One Russian Grand Prix at the Sochi Autodrom racetrack in Sochi, Russia, Sunday, May 1, 2016.(AP Photo/Ivan Sekretarev)

    Marchionne named Ferrari’s new CEO

    MILAN (AP) — Sergio Marchionne has been named CEO of Ferrari, while retaining his position as chairman, the super sports carmaker announced Monday.

  • Berkshire Hathaway Chairman and CEO Warren Buffett tours the exhibit floor before presiding over the annual shareholders meeting Saturday, April 30, 2016, in Omaha, Neb. (AP Photo/Charlie Riedel)

    Berkshire Hathaway event celebrates what makes firm special

    OMAHA, Neb. (AP) — Berkshire Hathaway’s peculiarities were on display again this weekend with tens of thousands of people filling an arena to listen to Warren Buffett and Charlie Munger talk business for hours at the conglomerate’s annual meeting.

  • In this Monday, Feb. 8, 2016, file photo, gas prices are displayed at a Chevron gas station in Sacramento, Calif. Chevron reports financial results Friday, April 29, 2016. (AP Photo/Rich Pedroncelli, File)

    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.

  • This May 11, 2007 file photo shows a Wall Street sign in front of the flag-draped facade of the New York Stock Exchange. Global stock markets mostly fell Friday, April 29, 2016,  after Wall Street slid and Japan's central bank surprised markets by putting off possible additional stimulus. (AP Photo/Richard Drew, File)

    US stocks skid on weak health care results; Europe slumps

    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.

  • This Jan. 30, 2012, file photo, shows the sign for the Exxon Mobil Torrance Refinery in Torrance, Calif. Exxon Mobil Corp. reports financial results Friday, April 29, 2016. (AP Photo/Reed Saxon, File)

    Exxon’s 1Q profit plunges 63 percent on lower oil prices

    DALLAS (AP) — Exxon Mobil produced its weakest quarter in more than 16 years as lower oil prices pushed its profit down by 63 percent.

  • Correction: Earns-Dr Pepper Snapple Group story

    PLANO, Texas (AP) — In a story April 27 about Dr Pepper Snapple Group’s first-quarter earnings, The Associated Press reported erroneously that the company makes Fiji Water. Dr Pepper distributes Fiji Water.

  • Trader Tommy Kalikas, center, works on the floor of the New York Stock Exchange, Thursday, April 28, 2016. Stocks are opening broadly lower on Wall Street as traders look over the latest batch of earnings and deal news. (AP Photo/Richard Drew)

    Despite wave of deals, stocks slip as economic growth slows

    BEIJING (AP) — Asian stocks were mixed Friday after Wall Street slid and Japan’s central bank surprised markets by putting off possible additional stimulus.