Canadian Pacific Railway Ltd.'s profit fell in the first quarter while beating analysts' expectations, as the North American economy halted to fight the coronavirus pandemic. The company posted net income of C$409 million Canadian dollars ($288 million), or C$2.98 a share, compared with C$434 million in the same quarter last year. Adjusted earnings were C$4.42 a share, up from C$2.79 a year earlier. Analysts polled by FactSet were expecting earnings of C$4.07 a share, or C$4.08 a share on an...

Norfolk Southern Corp. said Wednesday its first-quarter net profit fell as the coronavirus pandemic drastically reduced railroad and intermodal traffic. The company reported a profit of $381 million, or $1.47 a share, compared with a profit of $677 million, or $2.51 a share, in the same quarter a year ago. The result included a $385 million charge related to an ongoing reduction of locomotives the company deems unnecessary for the future as it streamlines its operations. Without the charges,...

Teladoc Health Inc. said Wednesday that its first-quarter net loss narrowed as demand for its online healthcare services surged during the coronavirus pandemic. The company reported a loss of $29.6 million, or 40 cents a share, compared with a loss of $30.2 million, or 43 cents a share, in the same quarter a year ago. Analysts had expected a loss of 36 cents a share. Teladoc said total visits grew 92% in the quarter over a year ago, to 2 million. Revenue increased 41%, to $180.8...

BRASÍLIA—At 8 a.m. nearly every day, as he leaves his residence, President Jair Bolsonaro of Brazil stops to shake hands with followers, pose for selfies and share a laugh in the shade of a sprawling mango tree. He then spars with the political reporters who tail him, telling them to shut up, insulting them or accusing them of publishing lies. The...

Speaking for six minutes in an austere tone over a somber soundtrack and with a cross to his left, Mr. Alvim presented the competition as a first step in a new era for Brazilian art that would bring about “a new and prosperous Brazilian civilization” He was attempting to reflect Mr. Bolsonaro’s pledge to reform his leftist predecessors’ cultural policies. The secretary sparked outrage with the phrase “the Brazilian art in the next decade will be heroic, romantic, objective and free from...