Pepsi and Mountain Dew Depend on Imports. PepsiCo Says Tariffs Will Hurt Earnings.
The maker of Doritos and Cheetos also cited a drop in consumer confidence caused by inflation and the global trade war.
Comcast Loses Broadband Customers, Takes Theme-Park Hit From L.A. Fires
The company posted lower quarterly earnings, but found bright spots with its mobile-phone plans and Peacock streaming service.
Gold Bull Kaplan Lands 'Holy Grail' Deposit as Precious Metal Hits Records
Billionaire investor Thomas Kaplan is nearing a long-held ambition: control of a big gold deposit in Alaska.
Procter & Gamble Cuts Fiscal-Year Guidance
Procter & Gamble lowered its fiscal-year outlook after posting lower sales in the third quarter amid a challenging consumer environment.
American Airlines Pulls Full-Year Outlook on Concerns Over Travel Demand
American Chief Executive Robert Isom says he is confident the airline can withstand uncertainty in the economy.
Jersey Mike's Hires New CEO After $8 Billion Sale
Charlie Morrison, former Wingstop CEO, will lead the sandwich chain after its sale to Blackstone. Founder Peter Cancro remains board chairman.
UPS to Buy Canada's Andlauer Healthcare for $1.6 Billion
United Parcel Service agreed to buy Canada's Andlauer Healthcare Group for roughly $1.6 billion in an effort to grow in healthcare transportation and logistics.
Nissan Expects Roughly $5 Billion Net Loss From Impairments, Restructuring Costs
Nissan Motor estimated billions of dollars in net loss for the fiscal year ended March due to impairments and restructuring expenses.
Merck Cuts 2025 Outlook on Tariffs, Charges
Merck's first-quarter net income increased as sales of its Keytruda cancer drug rose, but the Big Pharma company cut its 2025 adjusted earnings projection, partly to account for recently imposed tariffs.
Bristol Myers Squibb Shares Sink Despite Better-Than-Expected Earnings. The Future Is Cloudy.
Bristol Myers sees revenue decline in its legacy drug portfolio due to competition and Medicare headwinds.
(END) Dow Jones Newswires
April 24, 2025 15:00 ET (19:00 GMT)
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