Kohl's Terminates CEO for Cause After Investigation 
 

The department-store chain said the investigation found Ashley Buchanan violated company policies related to conflicts of interests with certain vendors.

 
CVS Beats Wall Street Expectations, Plans to Withdraw From ACA Business 
 

The healthcare company also struck a deal with Novo Nordisk to sell Wegovy at a reduced price for cash-paying customers through its pharmacies.

 
Harley-Davidson Sales Slowed by Tariffs, Economic Jitters 
 

The motorcycle maker pulled its guidance for the year, blaming uncertainty over tariffs and the broader economy.

 
GM Expects Tariffs to Cost Up to $5 Billion in 2025, Slashes Outlook 
 

The automaker said earlier this week that it was shelving its profit guidance and would provide an update when executives had more clarity on the levies situation.

 
Chef Boyardee, Iconic Pasta Brand, Sold to Private Equity for $600 Million 
 

Conagra Brands has agreed to sell the nearly century-old brand to private-equity firm Brynwood Partners.

 
Tesla Board Opened Search for a CEO to Succeed Elon Musk 
 

With profits and the stock price sinking, board members told Musk he needed to spend more time at the company.

 
Eli Lilly Revenue Up on Demand for Mounjaro, Other Weight-Loss Meds 
 

Eli Lilly revenue surged in the latest quarter on steady sales of Mounjaro and other weight-loss treatments in its portfolio.

 
McDonald's U.S. Sales Decline in Shaky Economy 
 

The fast-food giant's patrons are "grappling with uncertainty" as spending slows at several restaurant chains.

 
Estee Lauder Earnings Drop as Layoffs Continue 
 

Estee Lauder confirmed it will lay off thousands more employees as the beauty-products maker logged a sharp decline in its fiscal third quarter net income due to ongoing weakness in the once-hot Asian market.

 
Hershey Expects Tariffs to Cost Up to $20 Million in 2Q 
 

Hershey first-quarter earnings fell and the company expects to take a hit from tariffs of up to $20 million this quarter.

(END) Dow Jones Newswires

May 01, 2025 11:00 ET (15:00 GMT)

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