Eli Lilly CEO says company can help ‘respond’ to national security concerns around essential drugs as tariffs loom
CEO of Eli Lilly and Company David Ricks speaks at the Economic Club of New York on March 12, 2024…
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GM lowers 2025 guidance, citing up to $5 billion in tariff exposure
DETROIT – General Motors on Thursday lowered its 2025 earnings guidance to include a possible $4 billion to $5 billion…
McDonald’s reports largest U.S. same-store sales decline since 2020
The logo of McDonald’s (MCD) is seen in Los Angeles, California.Lucy Nicholson | ReutersMcDonald’s on Thursday reported mixed quarterly results…
Ford CEO says Trump’s tariff reprieve is helpful, but more changes needed
Ford Motor CEO Jim Farley speaks during a launch event for the 2025 Ford Expedition in Louisville, Kentucky, on April…
Trump signs order easing some auto tariffs
Autoworkers at Nissan’s Smyrna Vehicle Assembly Plant in Tennessee, June 6, 2022. The plant employs thousands of people and produces…
Starbucks stock falls as sales disappoint, turnaround pressures earnings
Starbucks on Tuesday reported weaker-than-expected earnings and another quarter of same-store sales declines, but the coffee giant said its turnaround…
Starbucks earnings miss, but coffee chain says it’s seeing ‘momentum’ with turnaround
A pedestrian holds a Starbucks cup in Sacramento, California, on April 28, 2025.David Paul Morris | Bloomberg | Getty ImagesStarbucks…
General Motors beats Wall Street estimates, reassesses full-year guidance amid auto tariffs
DETROIT — General Motors beat Wall Street’s first-quarter expectations but is reassessing its 2025 financial guidance and suspending any additional…
Donald Trump Jr. co-founds new private members club, Executive Branch, with a $500,000 fee
A new private membership club in Washington, D.C., co-founded by Donald Trump Jr., is charging a $500,000 membership fee —…
NFL’s Washington Commanders return to D.C. in $3.7 billion stadium deal
Washington Commanders managing partner Josh Harris (L) signs a Commanders helmet while joined by Washington D.C. Mayor Muriel Bowser (C)…
Temu adds ‘import charges’ of about 145% after Trump tariffs, more than doubling price of many items
Jaque Silva | Nurphoto | Getty ImagesChinese e-tailer Temu has started adding “import charges” of about 145% in response to…
Corporate sponsors are backing away from LGBTQ+ Pride organizations
Revelers attend the annual LGBTQ+ Capital Pride parade in Washington D.C., U.S., June 8, 2024.Leah Millis | ReutersCompanies that were…
Buy now, stock up or delay: Here’s what consumers are snapping up or putting off in the face of tariffs
In an aerial view, Ford Broncos are seen for sale on a lot at a dealership on April 18, 2025…
Plane tickets are getting cheaper as domestic travel demand weakens
Is a recession brewing in row 33?Airline CEOs this month warned Wall Street that passengers’ appetite for domestic trips is…
More Americans are financing groceries with buy now, pay later loans — and more are paying those bills late, survey says
People shop for produce at a Walmart in Rosemead, California, on April 11, 2025. Frederic J. Brown | Afp | Getty…
Novo Nordisk scores major legal win that bars many compounded versions of Wegovy, Ozempic
Flags with the logos of Danish drugmaker Novo Nordisk, maker of the blockbuster diabetes and weight-loss treatments Ozempic and Wegovy…
American Airlines withdraws 2025 forecast on murky economic outlook
American Airlines withdrew its 2025 financial guidance on Thursday, joining other carriers that are grappling with an uncertain outlook on…
PepsiCo cuts earnings forecast as it predicts ‘uncertainty’ in tariffs, consumer spending
Bottles of Pepsi soda are displayed in a store on March 17, 2025 in New York City. Spencer Platt | Getty…
Southwest to cut flights this year, pulls guidance, citing ‘macroeconomic uncertainty’
A Southwest Airlines Boeing 737 airplane departs from Harry Reid International Airport as another airplane taxis in Las Vegas, Nevada,…
Trump considering exemption for automakers on some tariffs, White House says
People work on the production line of auto parts at a carmaker in Qingdao in east China’s Shandong province Saturday,…
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