Philips Cuts Earnings Margin Target On Expected Tariff Hit 
 

The health-technology group lowered its full-year earnings margin target as it aims to navigate U.S. tariffs through an improved supply-chain network and cost discipline.

 
DoorDash Buys Deliveroo for $3.86 Billion 
 

Shareholders in the British food-delivery company will receive 180 pence in cash for each share they hold.

 
Ford's First-Quarter Profit Drops 64%; Suspends Outlook 
 

Tariff-related uncertainty led the company to withdraw its profit forecast for the year.

 
OpenAI Abandons Planned For-Profit Conversion 
 

The maker of ChatGPT said it made the decision to remain under the control of a nonprofit organization.

 
Hacking Group That Wreaked Havoc on Las Vegas Appears to Be Back 
 

Attacks on U.K. retailers appear to mark the comeback of "Scattered Spider," a network of hackers that have disrupted operations at dozens of companies.

 
Pilbara Minerals Wants to Show It Can Weather the Lithium-Price Rout 
 

In an interview, Chief Executive Dale Henderson spoke of how Pilbara Minerals, or PLS, is prioritizing cost savings after ramping up the expansion of its Pilgangoora lithium mine in remote northwest Australia.

 
Palantir Stock Slides Despite Strong Earnings 
 

Palantir said revenue was up 39% in the its latest quarter.

 
Hollywood Wanted Trump to Bring Movie-Making Back to the U.S.-but Not Like This 
 

Actors and executives working on the issue over the years wanted tax incentives, not tariffs.

 
CATL Files Initial Prospectus for Hong Kong Listing 
 

Chinese battery giant Contemporary Amperex Technology has filed a preliminary prospectus with the Hong Kong Exchange for a secondary listing, as it seeks to tap the enthusiasm surrounding the electric-vehicle market.

 
Mattel says zero tariffs on toys are better for a child's development, as it plans price increases and halts forecast 
 

Toy-maker Mattel Inc. on Monday said it plans to raise prices in the U.S. "where necessary" on some toys and take steps to rely less on China for production, while pausing its full-year outlook as it tries to get a handle on the impact of the global trade war.

(END) Dow Jones Newswires

May 06, 2025 03:00 ET (07:00 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.