In Latest EV Pullback, Ford to Share Battery Plant With Nissan
A Kentucky battery factory will help the Japanese automaker defer tariff costs.
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Kraft Heinz Evaluating Strategic Transactions, Berkshire Hathaway Steps Away from Board
The maker of ketchup and sliced cheese didn't say what potential transactions it is considering, and it hasn't set a timeline for its review.
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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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FAA Tells Airlines to Cut Back on Newark Airport Flights
The regulator said the reductions 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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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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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 19:00 ET (23:00 GMT)
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