- Take off. Revenue at General Dynamics rose 5.2% in the first quarter of this year, but shares dropped 5.5% after CEO Phebe Novakovic announced that Q2 revenue would fall due to investments in the company's new business jet. Geopolitical instability caused by Russia's invasion has contributed to the business growth of the Fortune 500 aerospace and defense company. Reuters

- CEO departure. German engineering company ThyssenKrupp saw shares tank as much as 14.4% after CEO Martina Merz announced that she would be stepping down. Merz joined in 2019 to bring the company back from the brink of collapse and was struggling to shed the company's hydrogen and steel arms. Neither Merz nor the board provided a reason for her departure. Reuters

- 'Free the tamales.' Arizona was slated to pass a bill to allow the sale of home-cooked, perishable goods, but Democratic Gov. Katie Hobbs vetoed the rare bipartisan legislation due to concerns over potential food-borne illnesses. Selling treats like tamales, tres leches cakes, and tacos provides an economic ladder for many Latina women in the state, but many have to do it underground to avoid the penalties currently in place. New York Times

- 'Stand and fight.' Vice President Kamala Harris will join President Joe Biden as his running mate in 2024, and her first speech on the trail made it clear that abortion rights will be a key priority in the campaign. The address at her alma mater Howard University served as a rallying cry. "We are living, I do believe, in a moment in time where so many of our hard-won freedoms are under attack. This is a moment for us to stand and fight," she said. NPR

MOVERS AND SHAKERS: Bon Appétit's editor-in-chief Dawn Davis is stepping down and returning to her previous employer, Simon & Schuster. ChartHop has appointed Kirsten Liranzo as VP of sales. ŌURA is bringing on Dorothy Kilroy as its first chief commercial officer. Tracy Rosecrans will be president at mindbodygreen. Jessica Rawlins Smith is joining Innocence Project as chief development officer. Gerri Elliott is now a senior advisor at BCG. Velocity Global has announced Linda Lee as the next chief people and culture officer.

- Move the needle. U.S. employers could save $1 billion in health insurance costs if the U.S. dropped its rate of childbirth via Cesarean section from 32% to 23.6%, according to Harvard Business Review calculations from IBM Marketscan Research Databases and the U.S. Department of Health and Human Service’s Healthy People 2030. Experts say that corporations have a stake in improving childbirth safety and outcomes. Harvard Business Review

- Gender reckoning. Video game producer Riot Games has invested in diversity and inclusion recruiting efforts since being sued in 2018 for sexual harassment, a case that it settled for $100 million. Back then, just two women were among the company's 23 executives. Today, women make up 25.9% of leadership positions. Fortune

- 'Stained glass ceiling.' Pope Francis has implemented a historic reform that allows women to vote at meetings of the Synod of Bishops. Catholic women's groups that long pushed for women to have more power within the church applauded the move, calling it a "crack in the stained glass ceiling." Associated Press

- Shrinking shares. Viewership for the Women’s National Basketball Association is on the rise, and last year the league broke a record for corporate sponsorship with $75 million in earnings. But the share of players' salaries is shrinking compared to the league's growing revenue. The pay disparity with men players in basketball is already one of the worst in sports. The highest-paid WNBA player earns $234,900, while the top-paid NBA player brings in $48.1 million. Bloomberg