Mitsubishi's Volkswagen moment, no upsets in New York, Malaysia Airlines needs a new CEO...

Battles won in New York: As the New York Times points out, "New York’s primary has rarely been more than a footnote in presidential history." But yesterday's races had the potential to buck the trend, as the nation watched the match-up between Brooklynite Bernie Sanders and former New York senator Hillary Clinton. Both sides of the aisle ended up falling in line with expectations, though—Clinton and Trump both came out on top. 

Mitsubishi in the hot seat: It's not on the same scale as the controversy that's rocked VW, but Mitsubishi has admitted to manipulating test data to improve fuel-economy claims. The improperly conducted tests affect 625,000 vehicles, from four mini-vehicle models sold in Japan (two of which are supplied to Nissan). Shares fell 15% on the news, the most in more than a decade.

Malaysia Airlines CEO steps down: CEO Christoph Mueller is exiting before his three-year term is done, for personal reasons. The company is searching both internally and externally for a new chief executive, but I can't imagine it'll be an easy search. Mueller, a veteran of Aer Lingus's successful turnaround, said in February that the company is on track to return to profitability—but others don't share his faith. “This is almost an impossible job,” Shukor Yusof, founder of Endau Analytics, told Bloomberg. “There have been signs of improvement but it’s only signs. The airline may have resolved short-term issues but for the long term it’s still uncertain.”

UnitedHealth's Obamacare losses: UnitedHealth Group says it's still losing hundreds of millions of dollars selling individual policies under Obamacare. It will be pulling out of most states where it offers coverage and will only participate in a handful of public exchanges in 2017. Policy analysts are keeping a close eye on the company, but United may not be the best example for success under Obamacare. New York Times explains: "Just how much of its struggles are because of a lackluster embrace of the market and small presence is unclear. The company has 795,000 people in its plans, a small fraction of the roughly 13 million people who have signed up for 2016." Other companies, especially those supporting low-income customers in Medicaid programs, have been more successful with the healthcare laws.

Intel's pivot: Intel is cutting 12,000 jobs to shift its focus away from the slowing PC market and toward the cloud. "Whatever you think of the cloud moniker, this market is real, and Intel dominates it," writes Wired. Intel controls 99% of the market for chips that power computer servers—meaning they underpin the cloud, data centers, and, well, everything. Intel's data center and IoT businesses drove $2.2 billion in revenue growth last year, according to the company's press release. 

Cover Photo: General atmosphere attends the Fifth Avenue flagship opening at Hublot Boutique on April 19, 2016 in New York City.