Business News Roundup, May 3
SFGate -

IAC agreed to buy consumer-recommendation website Angie’s List, intending to combine the business with its own HomeAdvisor online-review network and create a new publicly traded company.

The new company will be called ANGI Homeservices Inc. At $8.50 a share, the deal values Angie’s List at more than $500 million.

PG&E Corp.’s profit jumped to $576 million ($1.13 per share) in this year’s first quarter, up from $107 million ($0.22 per share) during the same period of 2016, the San Francisco...

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