IN THE NEWS TODAY
President Donald Trump is widely expected to withdraw the United States from the agreement that lifted sanctions on Iran in exchange for Tehran accepting limits in its nuclear program. Trump has decided the agreement itself is flawed. (CNBC)
* Iran deal opponents hired firm to dig up dirt on Obama aide (NY Times)
* Iran president warns of "problems" as Trump decision looms (AP)
* No matter what Trump says on Iran, China will probably ignore him (CNBC)
Eric Schneiderman, a frequent Trump critic, announced he's resigning as New York's attorney general following allegations published in The New Yorker that he was physically violent with four women with whom he was romantically involved. (CNBC & AP)
* Before his fall, he defended women and took on Trump (NY Times)
* 'Gotcha,' tweets Kellyanne Conway on Schneiderman resignation (Washington Post)
The president has begun questioning whether his lawyer Rudy Giuliani should be sidelined from television interviews, according to the Associated Press, citing sources. Trump has become irritated with Giuliani's off-message media blitz.
Newly obtained documents show that EPA chief Scott Pruitt and his staff tried to maintain strict secrecy about the bulk of Pruitt's daily schedule, driven by a desire to avoid tough questions from the public than concerns about security. (NY Times)
A string of 2018 primary elections take place today, shaping elections that will help to determine which party holds the House and Senate after November's midterms. Voters go to the polls in Indiana, North Carolina, Ohio and West Virginia. (CNBC)
Trump will propose canceling $15 billion in federal spending, and nearly half of those cuts would come from the Children's Health Insurance Program, or CHIP, a safety-net program for low-income families that has bipartisan support. (USA Today)
Saftey regulators are sounding the alarm over the surge of pedestrians struck and killed by vehicles in the U.S. The Insurance Institute for Highway Safety said higher speed limits in many municipalities around the country may be a factor. (CNBC)
Facebook (FB) is defining what it considers "issue ads" that will require authorization and labeling on its platform in the U.S. The initial list includes abortion, civil rights, guns, immigration, poverty, terrorism and more. (Axios)
STOCKS TO WATCH
Snap (SNAP) CFO Andrew Vollero is stepping down, and will be replaced by former Amazon (AMZN) executive Tim Stone. Stone had led Amazon's integration of Whole Foods after the acquisition of the supermarket chain last year.
Activist investor ValueAct has acquired a $1.2 billion stake in Citigroup (C), according to the Wall Street Journal. A letter to investors seen by the Journal said that ValueAct continues to boost its Citi stake "opportunistically" and that it supports CEO Michael Corbat.
Zillow Group (ZG) reported quarterly earnings of 7 cents per share, beating estimates by a penny. The real estate website operator's revenue was also slightly above forecasts. However, Zillow warned on outlook and announced its CFO will step down at the end of the month.
Hertz Global (HTZ) lost $1.58 per share for its latest quarter, wider than the $1.26 per share loss that analysts were anticipating. The car rental company's revenue did beat forecasts, but it said it still "had work to do."
AMC Entertainment (AMC) beat estimates by 5 cents with quarterly profit of 14 cents per share, and the movie theater operator's revenue was above forecasts as well. AMC said it benefited from higher box office revenue and from the acquisition of Nordic Cinema Group.
The 2018 "Heavenly Bodies" costume-themed, Met Gala was last night. Catch all the arrivals, including Rhianna, Katy Perry and even Disney's Black Panther star Chadwick Boseman. (Variety)
It's now red-carpet official: entrepreneur Elon Musk and musician Grimes are an item. The couple confirmed reports as they arrived at the Met Gala together last night. (USA Today)