Slow growth

US gross domestic product grew at an inflation-adjusted annual rate of 2.2 percent in the first quarter of 2012, the Commerce Dept. said. That marked a slowdown from the 3 percent growth rate of the 2011 fourth quarter.

Fighting back

Jerome Kerviel, found guilty for a $6.5 billion trading loss at Société Générale, plans to file a complaint claiming evidence was tampered with during the probe.

Bezos lassoed

Amazon.com, led by CEO Jeff Bezos, has agreed to begin collecting sales tax from Texas customers beginning July 1. Earlier this week, Amazon agreed to collect a sales tax on items sold in Nevada, beginning in 2014.

KKR rising

KKR, the private-equity firm run by Henry Kravis and George Roberts, said first-quarter profit rose 4.6 percent, beating estimates.

Snake eyes

Resort operator Kerzner International completed a long-awaited restructuring that transferred its massive Atlantis resort in The Bahamas to its creditors and sold its half-interest in the Atlantis in Dubai to partner Istithmar World PJSC.