Lockheed Martin Speeds Up European Defense Tie-Up Talks

The U.S. defense contractor is trying to expand its production and supply chains in Europe, a senior executive said.

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America’s Love Affair With Posh British Cars Is Under Threat Despite Trade Deal

The U.S.-U.K. trade pact spares the British auto industry from the worst of President Trump’s sweeping tariffs while casting doubt over its prospects in a key growth market.

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Walmart’s Price Hikes Open Door to Increases From ‘Everybody Else’

President Trump’s trade war has yet to make a real dent in the American economy. That is about to change.

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Meta Battles an ‘Epidemic of Scams’ as Criminals Flood Instagram and Facebook

Fake puppies and phony offers of mouthwatering bargains are often seeded by overseas crime networks; employees say company is reluctant to impede its advertising juggernaut

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Richemont Posts Higher Sales on Jewelry Boost

The Cartier owner reported an increase in sales, driven by its core jewelry division, despite a demand slowdown that is plaguing the luxury sector.

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GlobalWafers Plans Additional $4 Billion Investment in U.S.

The Taiwanese chip-materials maker plans to further grow its U.S. presence, in line with the Trump administration’s efforts to boost manufacturing.

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Trump Presses Apple to Make iPhones in America. Wall Street Shrugs.

The president made remarks that took aim at Apple CEO Tim Cook’s plans to shift some production from China to India.

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Bayer Seeks New Roundup Settlement While Exploring Monsanto Bankruptcy

The agricultural giant is preparing to place its U.S. subsidiary Monsanto in bankruptcy if a settlement with tort plaintiffs fails.

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Take-Two Interactive’s Outlook Misses Estimates After ‘Grand Theft Auto VI’ Delay

The lowered fiscal-year outlook came as the videogame developer widened its net loss in the recent quarter and posted higher sales. Shares fell in post-market trading.

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Applied Materials Results Show Customer Demand Remains Unchanged

Applied Materials reported higher profit and revenue in the latest quarter as demand for its semiconductor equipment remains stable.

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New Allegations About Timing of Pfizer Covid Vaccine Passed to House Panel

A former Pfizer scientist said the timing of the 2020 vaccine results “wasn’t a coincidence,” according to allegations provided by a rival drugmaker.

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Coinbase Says Cybercriminals Stole Customer Data, Sought Ransom

The cryptocurrency exchange estimated preliminary expenses of $180 million to $400 million for remediation costs and voluntary customer reimbursements.

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Meta Is Delaying the Rollout of Its Flagship AI Model

The company’s struggle to improve the capabilities of latest AI model mirrors issues at some top AI companies.

(END) Dow Jones Newswires

May 16, 2025 07:00 ET (11:00 GMT)

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