Pfizer Posts Better-Than-Expected Revenue, Profit
Higher sales of cancer treatments helped fuel better-than-expected first-quarter sales and profit for the drugmaker.
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Coinbase to Slash 14% of Workforce as Part of Restructuring
The crypto exchange said it was laying off 700 employees as part of a restructuring effort to trim costs and streamline operations.
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HSBC Takes $400 Million Hit From Private-Credit Alleged Fraud
The provision is connected to Market Financial Solutions, a British mortgage lender that collapsed this year, according to people familiar with the matter.
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DuPont Lifts Outlook, Plans $275 Million Buyback
DuPont de Nemours lifted its outlook and plans to buy back $275 million of stock after swinging to a profit in the first quarter.
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Crypto Exchange Bullish Strikes $4.2 Billion Deal for Transfer Agent in Tokenization Push
Equiniti is one of the world's biggest transfer agents, offering shareholder services to companies including Berkshire Hathaway and Moody's.
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Archer-Daniels-Midland Raises Outlook After New U.S. Biofuels Policy
Archer-Daniels-Midland raised its full-year earnings outlook after the Trump administration issued new rules requiring gas and diesel to contain more biofuels.
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KKR Swings to a Profit as Revenue Climbs on Insurance Growth
KKR swung to a first-quarter profit with revenue from its insurance division more than doubling.
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Bud Brewer AB InBev Says Sales Are Rebounding, Eyes Fresh Lift From Summer's World Cup
The world's largest brewer booked a 0.8% organic increase in total volumes over the first three months of the year, ending a period of sliding volumes.
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PayPal to Cut Costs After Profit Falls
PayPal will accelerate its adoption of artificial intelligence to cut costs after reporting lower profit in the first quarter.
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Harley-Davidson's New Boss Wants to Sell You a Bike You Can Actually Afford
The motorcycle company's new chief executive, Artie Starrs, hopes to increase sales with lower-priced bikes.
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Rockwell Automation Raises Outlook on Higher Sales
Rockwell Automation has boosted its full-year outlook after posting higher profit and sales in its fiscal second quarter.
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Shopify Loss Narrows as Revenue Climbs on Subscription
Shopify posted a narrowed loss as rising subscription revenue and stronger merchant activity lifted sales.
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BioNTech to Close Sites, Cut Quarter of Workforce in Savings Push
The company said it would exit operations at some manufacturing plants in Germany and Singapore, and cut 1,860 positions in total.
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Grab Expects Another Strong Year Ahead Despite Headwinds
The Uber-backed superapp expects strong consumer demand for its ride-hailing and delivery services to fuel another strong year of earnings.
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Ferrari Maintains Guidance as New Models Help Boost Demand
The sports-car maker also echoed other European automakers in saying they have seen little to no impact from the war in Iran.
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Morgan Stanley's Investment Banking Program in Budapest Hit by U.S. Probe
Finra has launched an inquiry asking about unlicensed junior investment bankers in Hungary working on deals for clients in the U.S. and Europe.
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UnitedHealth to Make It Easier for Patients to Get a Range of Procedures
Insurer will reduce required authorizations by 30%, easing access to some tests, surgeries and therapy.
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Berkshire Picks Gen Re Chairman as Insurance Star Ajit Jain's Successor
Charlie Shamieh, an insurance-industry veteran, is slated to succeed Jain whenever he is ready to retire.
(END) Dow Jones Newswires
May 05, 2026 09:00 ET (13:00 GMT)
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