Finance

Mazda’s Earnings Plunge 42%

Mazda Motor Corp. says its consolidated net income in April-June plunged to 21.2 billion yen ($208 million) from 36.8 billion yen in the same period last year.

Economics

U.S. Economy Expands 1.2%

Real gross domestic product in the U.S. expanded at an annualized 1.2% from the first to second quarter of 2016, according to an early estimate by the Bureau of Economic Analysis.