“First-quarter U.S. GDP better but still weak. Growth raised to 0.8% from 0.5%; economy looking better in spring.”— Jeffry Bartash, marketwatch.com
“The biggest elephant in the room is Uber, valued at $62.5 billion. The company claims it is profitable by some measures in North America, but it is spending huge amounts of money to capture markets in China and elsewhere.If the world’s most valuable startup must curtail its ambitions, it would send…”— Christopher Mims, wsj.com