Business Bible Headlines: May 1 @ 5:00PM ET

This is a Business Bible News Headlines for Friday May 1 at 5:05 PM Eastern Time, Business Bible News where Daily News meets Daily Principle. In today's business headlines, President Donald Trump suggests that Spirit Airlines may receive an 'America First' rescue, signaling potential government support for struggling airlines as they navigate the financial challenges posed by the pandemic. Meanwhile, the stock market has experienced its best month since the pandemic's rebound, showcasing resilience as sectors recover. In Japan, traders are on alert following a significant $34.5B intervention aimed at stabilizing the yen, which has faced volatility in recent weeks. Merck faces increased competition in the cancer treatment market as its biggest looming rival experiences setbacks. On a more optimistic note, Apple delivers a strong forecast indicating that the company is weathering supply shortages better than expected. In overseas trading, the Shanghai Composite leads the way with a move of 5 points. Today, global markets are mixed. In US markets, the S&P 500 is up 20 points to 7,229, the Dow Jones Industrial Average is down 155 points to 49,496, and the Nasdaq Composite is up 217 points to 25,109. The 10-year Treasury yield is at 4.38. In the commodities market, Brent Crude is down $2 to $102 per barrel, and gold is up $12 to $4,627 per ounce. Now for sports news, NBC Sports reports that during the groundbreaking ceremony for the new Huntington Bank Field, Browns owner Jimmy Haslam emphasized the commitment to maintain affordable seat prices for fans. The stadium is slated to open in 2029. In entertainment news, Variety reports that former One Direction singer Zayn Malik has canceled all U.S. tour dates after being hospitalized with an unspecified illness last month, causing disappointment among fans eagerly awaiting his return to the stage. Today's Daily Principle is INVESTING, specifically dealing with Participate. This principle is found in 1–9 Corinthians, chapter 9, verse 9. The verse reads: 'We read in the Law of Moses, “Do not muzzle an ox when you are using it to thresh grain.” Now, is God concerned about oxen?' This principle emphasizes the importance of recognizing the value of participation in the business process. Just as an ox must be allowed to eat while it works, businesses must ensure their resources are adequately compensated for their contributions. In modern business, this can translate to fair wages for employees or equitable treatment of partners. The principle encourages active engagement where all parties benefit and thrive in the enterprise. That concludes our Business Bible News Headlines for today. Thank you for joining us, and we look forward to bringing you more insights and updates in our next broadcast. Learn more at businessbible.com where Daily News meets Daily Principle.