Smucker Profit Outlook Falls Short Amid Tariff, Cost Pressures
J.M. Smucker issued a warning on Tuesday about its annual profit performance which would fall short of Wall Street expectations...
Business
Drug Giants Offer No Commitments in Pricing Talks with US
Pfizer CEO Albert Bourla confirmed that his company together with other drugmakers has met with the Trump administration about lowering...
BlackRock Pushes Back on Antitrust Case by Republican States
BlackRock together with Vanguard and State Street filed a motion at the federal court to dismiss the antitrust lawsuit which...
Qualcomm to Acquire Alphawave in $2.4 Billion AI Play
Qualcomm announced a deal to buy British semiconductor company Alphawave for about $2.4 billion on Monday, marking its latest push...
Trump and Musk’s Public Feud Reaches New Heights
The former close bond between President Donald Trump and Elon Musk has ended in a spectacular fashion through their public...
Nintendo Switch 2 Launch Sparks Long Queues in Tokyo
Tokyo residents waited in long lines to purchase the Nintendo Switch 2 console because they wanted to experience Nintendo's upcoming...
Suzuki Halts Swift Production Amid China’s Rare Earth Curbs
Suzuki Motor has suspended the production of its popular Swift subcompact car because of parts shortages that were triggered by...
Wells Fargo Cleared to Grow as Fed Lifts Asset Cap
The Federal Reserve removed its $1.95 trillion asset limit which allows Wells Fargo to conduct business expansion without restrictions for...
China Eyes Major Airbus Order During EU Visit
Bloomberg News reports Chinese airlines are negotiating to purchase between 300 and 500 Airbus jets which might be announced during...
Brookfield to Build $10 Billion AI Hub in Sweden
The Canadian asset manager Brookfield Asset Management announced plans to invest $10 billion for building a significant artificial intelligence data...
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