Today's business news headlines

Here are some of the top business news headlines from around the world:

Global Economy

• US GDP growth slows to 2.1% in Q1, missing expectations (Bloomberg)
• China's economy grows 6.4% in Q1, beating expectations (Reuters)
• Global trade tensions weigh on economic growth, IMF warns (Financial Times)

Technology

• Apple's services segment grows 16% to $11.5 billion in Q1 (CNBC)
• Amazon's Alexa-powered Echo devices dominate smart speaker market (The Verge)
• Facebook's WhatsApp faces $500 million fine in India over data breach (The Hindu)

Finance

• US stocks fall as trade tensions escalate, Dow drops 200 points (CNBC)
• Oil prices surge 3% as US sanctions on Iran take effect (Bloomberg)
• European Central Bank keeps interest rates unchanged, signals no rate hike (Reuters)

Business

• McDonald's to launch plant-based burgers in US and Canada (Bloomberg)
• Coca-Cola to acquire Costa Coffee from UK's Whitbread for $5.1 billion (The Guardian)
• Walmart to acquire majority stake in Indian e-commerce firm Flipkart (Economic Times)

Healthcare

• Johnson & Johnson to pay $1 billion to settle opioid lawsuits (The New York Times)
• Pfizer to acquire Array Biopharma for $11.4 billion (CNBC)
• CVS Health to acquire Aetna for $69 billion (The Wall Street Journal)

Automotive

• Tesla's Model 3 becomes best-selling electric car in US (Electrek)
• Volkswagen to invest $50 billion in electric vehicles and autonomous driving (Bloomberg)
• General Motors to cut 8,000 jobs in North America (The Detroit News)

These are just a few of the top business news headlines from around the world. Stay tuned for more updates throughout the day!