The eurozone will slip deeper into recession in 2013, according to a report by the European Commission.
General Motors posts a 14% drop in net income in the first quarter, yet still reports stronger-than-expected quarterly earnings on Thursday.
Struggling department store chain J.C. Penney says it received a $1.75 billion term loan commitment from Goldman Sachs.
UPS reports first-quarter profit that beats analysts' expectations on strong ground and export shipments in the post-holiday season.
General Electric reports a first-quarter profit jump of 16%, coming in line with analysts' expectations.
Morgan Stanley reports a first-quarter profit of $1 billion, or 50 cents a share, including charges, a swing from a year-earlier loss.
Dell strikes a deal with billionaire activist investor Carl Icahn limiting his investment in the company.
Dish Network offers to buy Sprint Nextel for $25.5 billion, beating a current bid of $20 billion for the company from Japan's Softbank.
Data from the Commerce Department show a bigger-than-expected drop in retail sales for March.
J.C. Penney's board ousts CEO Ron Johnson, replacing him with his predecessor, Mike Ullman.