Dow Jones Top Company Headlines at 7 AM ET: Why U.S. Apparel Brands Are Becoming Tough Customers | Apple's ...

Dow Jones
06-06

Why U.S. Apparel Brands Are Becoming Tough Customers

Brands want overseas fabric and garment makers to share tariff pain; some suppliers say they can't afford it.

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Apple's Growing List of Problems Clouds AI Reboot

Artificial-intelligence troubles, as well as tariffs, Google payments and App Store fees, weigh down the stock ahead of the WWDC.

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Despite Trade War, U.S. Drug Companies Turn to China for Key Cancer Treatments

U.S. drug companies are increasingly licensing experimental medicines invented by Chinese firms. The recent deals could be worth up to $25 billion.

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HSBC's Mark Tucker to Join AIA as Chairman

Mark Tucker previously served as AIA's group chief executive and president from 2010 to 2017.

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Here Come the Berkshire Hathaway Wannabes

These companies are seeking to replicate Warren Buffett's formula as he prepares to retire. The odds are steep.

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Amazon to Invest Over $5 Billion in Data Centers in Taiwan

Amazon plans to invest over $5 billion in a cluster of data centers in Taiwan. The investment will support the launch of a new cloud services region on the island.

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Broadcom Sales Climb on Booming AI Demand

The maker of semiconductors and software posted higher profit and sales, thanks to demand for AI networking as hyperscalers continue to invest.

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Tesla Stock Plummets. Musk-Trump Spat and 3 Other Things Slamming Shares.

Tesla stock had a miserable day on Wednesday. There are four reasons why.

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Lululemon Athletica Cuts Profit Outlook as Tariffs Threaten to Raise Costs

The maker of yoga pants and other athletic wear said it now expects earnings of $14.58 to $14.78 a share for the fiscal year, down from its prior outlook of $14.95 to $15.15.

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Crypto Firm Circle's Shares Soar in Stock Market Debut

The stablecoin issuer began trading as the Trump administration is boosting the industry.

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BCG Fires Two Partners Over Gaza Aid Work

The consulting giant terminated North American employees involved in an aid effort marked by violence and disorder.

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Dollar Tree has more than just wealthier customers to handle tariffs, analysts say

Truist analysts say they believe Dollar Tree and other retailers have done a better job staying flexible on where they get products.

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Cracker Barrel Swings to Profit on Slightly Higher Sales

Cracker Barrel Old Country Store swung to a profit and logged higher sales in its fiscal third quarter, buoyed in part by higher menu prices.

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Jack Daniel's Maker Brown-Forman Forecasts Tough Year Ahead

Jack Daniel's maker Brown-Forman expects organic sales to decline this fiscal year as consumer demand softens in the face of shifting tariffs and uncertainty about the U.S. economy.

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Winnebago Cuts Outlook on Weaker Motorhome Demand

Winnebago Industries said it expects to adjust its headcount, shift production plans and post weaker-than-expected results for the spring quarter due to eroding demand for motorhomes.

 

(END) Dow Jones Newswires

June 06, 2025 07:00 ET (11:00 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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