Lenovo Well-Placed to Tackle Tariff Risks, CEO Says

U.S. tariffs on China caught Lenovo off-guard but the company will be faster and better at adjusting to tariff shifts than its competitors, Yang Yuanqing said.

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Honeywell to Buy Johnson Matthey's Catalyst Unit For $2.4 Billion

The U.S. industrials conglomerate agreed to buy Johnson Matthey's catalysts unit, lifting shares in the British platinum refiner.

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Tesla Stock Is Rising. Why Investors Should Watch a Key Senate Vote Thursday.

A controversial senate vote on Thursday could impact Tesla's ability to generate hundreds of millions of dollars per quarter by selling zero emission vehicle credits.

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Rio Tinto CEO Jakob Stausholm to Step Down

During his nearly five-year stint at the helm of the world's second-biggest miner, Rio Tinto has sought to repair its reputation with investors and communities.

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Generali's Profit Beats Views on Property-and-Casualty Strength

The Italian insurer reported better-than-expected profit for the first quarter, driven by the performance of its property-and-casualty division.

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What Sam Altman Told OpenAI About the Secret Device He's Making With Jony Ive

The idea is a "chance to do the biggest thing we've ever done as a company here," Altman told OpenAI employees Wednesday.

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Walmart to Cut 1,500 Corporate Jobs in Restructuring

The retailer is planning layoffs in a reorganization aimed at trimming its expenses and speeding up decision-making.

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Sanofi to Buy Vigil Neuroscience for About $470 Million

Sanofi has entered an agreement to acquire Vigil Neuroscience for approximately $470 million, adding a new investigational treatment for Alzheimer's disease to the French pharmaceutical company's pipeline.

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Nike to Sell Products on Amazon Following Five-Year Absence

A spokesperson for Amazon said the move will expand its selection for U.S. consumers beyond Nike inventory offered by independent sellers in the last several years.

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Urban Outfitters Sales, Earnings Jump on Strength Across Retail Banners

Urban Outfitters posted double-digit sales growth in the first quarter with revenue growing at each of its main brands, an upbeat sign as other retailers said macroeconomic uncertainty was dampening demand.

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NBCUniversal Bids for MLB Rights That Were Dropped by ESPN

The company aims to air games on NBC and the Peacock streaming service.

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Publicis Deepens Influencer Marketing Push With Deal for Captiv8

The acquisition is said to be valued at $150 million.

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Snowflake's stock has been on fire, and earnings are fueling the rally further

The data-warehousing company hit a revenue milestone and issued an upbeat outlook.

(END) Dow Jones Newswires

May 22, 2025 07:00 ET (11:00 GMT)

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