UPS to Cut 20,000 Jobs After Amazon Breakup
The package giant is shrinking its workforce and closing facilities after a shift away from its biggest customer.
GM Pulls Profit Guidance, Citing 'Significant' Tariff Impact
The Detroit automaker's net income slid 6.6% in the first quarter on weaker sales of highly profitable trucks and SUVs.
Pfizer Expands Cost-Cutting Measures, Reaffirms Outlook
The company expects to save an additional $1.2 billion from automation, AI and other digital tools.
Coca-Cola Sales Decline on Weaker North American Demand, Currency Headwinds
Coca-Cola posted lower sales in its latest quarter as weaker demand in North America and currency headwinds weighed on results, an issue that may be more pronounced depending on tariffs.
Altria Profit, Revenue Down on Falling Cigarette Sales
Altria Group's first-quarter net income and revenue fell amid an e-cigarette patent dispute, and as cigarette sales continued to dwindle.
Merck to Spend $1 Billion on New Factory to Make U.S. Supplies of Blockbuster Drug
The Delaware facility will ensure a domestic supply of biologic drugs including the cancer drug Keytruda.
JetBlue Withdraws Outlook, Expects Soft Demand
JetBlue Airways withdrew its full-year guidance and expects soft demand to continue into the second quarter.
Honeywell Shifts Outlook for Tariffs After Strong Results
Honeywell International tweaked its full-year earnings and sales guidance to reflect uncertainty from the tariff war, although the volatility didn't weigh on its strong first quarter.
Hilton Posts Profit Growth, Boosts 2025 Earnings View on Solid Demand
Hilton Worldwide Holdings posted first-quarter net income growth and boosted its projection for adjusted 2025 earnings as the hotelier shrugged off what it called weaker macroeconomic conditions.
Spotify Subscriber Gains Continue, With Revenue Buoyed by Price Hikes
The audio streamer expects growth to accelerate throughout the year, despite macroeconomic uncertainty.
(END) Dow Jones Newswires
April 29, 2025 09:00 ET (13:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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