Sirius XM Radio reports continued growth for its first quarter and announces that its interim chief executive, James E Meyer, is taking the job permanently; says revenue rose 12 percent to $897 million; net income increased 15 percent to $124 million. Read more..

By BEN SISARIO - The New York Times

Profit rose 0.9 percent to $3.43 billion, though the company sold less beer and other drinks compared with the first quarter of last year. Read more..

By REUTERS - The New York Times

BP reports first-quarter profit of $4.2 billion, beating analysts' forecasts; overall net income for the period was $16.6 billion, including the sale of a 50% stake in its Russian affiliate TNK-BP, compared with $4.8 billion a year earlier. Read more..

By STANLEY REED - The New York Times

For all China’s modern trappings, many experts say mutual wariness between the government and its citizens means the country still prefers to pay for things the old-fashioned way. Read more..

By DAVID BARBOZA - The New York Times

Hotels, airports and airlines are struggling to keep up with customer demand for high-quality Wi-Fi service for their increasingly powerful mobile devices; airlines are still installing Wi-Fi on many aircraft and are already confronting challenges. Read more..

By SUSAN STELLIN - The New York Times

The online video site said it now has four million paid subscribers, up from two million last year, even as two of its owners are weighing whether to sell the company. Read more..

By BRIAN STELTER - The New York Times

Nation's newspapers report that they suffered slight declines in total circulation, but are benefiting from an increase in digital subscriptions; Wall Street Journal has the highest circulation, at 2,378,827; New York Times reports circulation of 1,865,318, a 17.6 percent rise over a year earlier. Read more..

By CHRISTINE HAUGHNEY - The New York Times

President Obama is expected to nominate Tom Wheeler as chairman of the Federal Communications Commission; Wheeler is a lobbyist and venture capitalist who has been a prominent fund-raiser in Obama's presidential campaigns; consumer advocacy groups have raised concerns about his background investing and lobbying for cable and wireless companies. Read more..

By EDWARD WYATT - The New York Times

Food and Drug Administration approves drug Procysbi to treat nephropathic cystinosis, extremely rare inherited disease that, if untreated, typically destroys the kidneys by age 10; to be sold by Raptor Pharmaceutical Corp, drug was developed with early financing from a foundation that shows the important role that determined parents can play in drug development, but also raises questions about whether society can afford to pay for drugs that treat rare illnesses. Read more..

By ANDREW POLLACK - The New York Times

S&P/Case Shiller index of 20 metropolitan areas shows that home prices in February rose 9.3 percent, their fastest rate in almost seven years, another sign of the housing market recovery; Conference Board says its index of consumer attitudes rose to 68.1 from a revised 61.9 the previous month. Read more..

By REUTERS - The New York Times