In Latest EV Pullback, Ford to Share Battery Plant With Nissan

Part of Ford's flagship battery plant remains inactive as EV demand has slowed. Nissan will now use the factory to help defer tariff costs.

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Wolfspeed Prepares to File for Bankruptcy Within Weeks

The troubled semiconductor supplier is pursuing a prepackaged chapter 11 plan after it rebuffed multiple attempts by creditors to restructure its debt out of court.

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Kraft Heinz Is Evaluating Strategic Transactions

The food company also said two directors representing Berkshire Hathaway would step down from its board.

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Palo Alto Networks Posts Higher Sales, But Profit Slips

The Santa Clara, Calif., cybersecurity company logged higher revenue in its fiscal third quarter, though profit slipped as expenses increased.

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It Moved the ‘Eras' Tour's Equipment. Now It's Worth Over $1 Billion

Private-equity firm Providence is near a deal to buy live-event logistics company GCL.

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FAA Tells Airlines to Decrease Newark Airport Flights

The regulator said the cutbacks were needed to help reduce delays stemming from staffing challenges, technology outages and construction.

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Toll Brothers Backs Full-Year Outlook

The home-construction company reiterated its outlook for the year despite soft demand in its latest quarter, and its chief executive said long-term trends for its luxury homes remain positive.

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Google Partners With Warby Parker, Kering to Develop AI Glasses

Google has committed up to $75 million for Warby Parker's product development and commercialization costs, as well as an equity investment of up to $75 million.

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Google Takes Aim at AI Firms Challenging Its Search Dominance

The company is rolling out a feature that will answer search queries in a chatbot-style conversation without the classic blue links.

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Senators Question Shari Redstone Over Efforts to Reach CBS Settlement With Trump

Lawmakers raise concerns that CBS News parent Paramount risks violating bribery laws in pursuit of potential Trump settlement.

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Carter's Slashes Dividend, Cites Threat of Higher Costs From Tariffs

The children's clothing company cut its quarterly dividend by more than two-thirds, but said its cash position and liquidity are expected to remain strong. Shares fell in after-hours trading.

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Home Depot Plans to Keep Prices Steady Despite Tariffs

Retailer pushed suppliers to source outside China and keep prices low; big-ticket home projects on hold

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Elon Musk to Cut Back Political Spending

After making huge bets on the 2024 election, the Tesla CEO said he is now focused on winning more control of the company.

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Victoria's Secret moves to block activist investor from amassing controlling stake

Underwear company adopts so-called poison pill after Australian activist shareholder Blundy switches stock-holding classification to active from passive.

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BMW Announces $2.25 Billion Buyback Program

The luxury-car maker said the buyback is scheduled to start this month and will last no later than April 30, 2027.

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UnitedHealth Built a Giant. Now Its Model Is Faltering.

Growing public scrutiny and tighter regulation are testing a long successful vertical-integration strategy.

(END) Dow Jones Newswires

May 20, 2025 21:00 ET (01:00 GMT)

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