G. M., the nation’s largest automaker, reported that it earned $2.6 billion on revenue of $41.2 billion in the quarter,<br />compared to profit of slightly under $2 billion on revenue of $37.3 billion in the same period in 2016.<br />Barclays said this month that it was being investigated after Mr. Staley sought last year to uncover the identity of a whistle-blower who sent two anonymous letters about Tim Main, who worked with Mr. Staley at JPMorgan<br />and who was hired by the Barclays chief to join the British bank.<br />The Commerce Department on Friday provided its first statistical snapshot of the<br />American economy in the first quarter, the gross domestic product estimate:<br />• The economy barely grew, expanding at an annual rate of only 0.7 percent.<br />The generally positive momentum for lenders in Europe in the first quarter continued on Friday as the Swiss bank UBS<br />and the Royal Bank of Scotland reported their results.<br />Synchrony, which was spun out of GE Capital in 2014, reported a smaller profit — 61 cents<br />a share — compared with the 74 cents that many Wall Street analysts had expected.<br />But in March, one party, an investor group led by Edgar Bronfman Jr.<br />and the media executive Ynon Kreiz, suddenly dropped out, raising questions about the sale of Time Inc, which had rejected an offer of at least $18 a share from Mr. Bronfman’s group late last year.
