DoorDash Swings to Profit, Plans to Buy Deliveroo and SevenRooms
DoorDash swung to a first-quarter profit as demand continued to grow for online restaurant and grocery-store orders, and the company also struck deals to acquire British food-delivery company Deliveroo and software concern SevenRooms.
WK Kellogg Cuts Outlook Over Tariffs, Softening Sales
The cereal maker now forecasts sales to decline 2% to 3% for the year instead of 1%, as previously projected.
U.S. Urges Breakup of Google Ad Businesses
Google said in a court filing that divestiture isn't warranted in this case, and wouldn't be technically feasible.
United Bets on Photosynthesis and Limestone to Fuel Net-Zero Flight Path
The Chicago-based carrier has partnered with a number of clean-tech startups in recent months in an effort to meet its climate goals
Apple Won't Be Able to Avoid Price Hikes for Long
The iPhone maker is absorbing $900 million in tariff costs this quarter, but the hit to profit margins could still get worse.
Energizer cut its earnings outlook because of the consumer, not tariffs
Because of consumers' worries about the economy, the company expects lower revenue.
UBS to Pay $511 Million to Settle Credit Suisse U.S. Tax Case
The Swiss bank, which acquired Credit Suisse in 2023, settled the probe into violations of an agreement with the DOJ over American clients who evaded taxes.
Ferrari Backs Guidance as Earnings Beat Forecasts
More car deliveries and customization requests from customers helped the company deliver forecasting-beating earnings in the first quarter of the year.
DHL Unit Acquires IDS Fulfillment, Eyeing Smaller E-Commerce Customers
The deal was in place before President Trump's new tariffs, but might bring opportunities as companies wrestle with higher costs.
Marathon Petroleum Swings to Loss on Lower Refining Margins
Marathon Petroleum swung to a first-quarter loss of of $74 million as refining profit margins fell sharply alongside oil and gasoline prices.
(END) Dow Jones Newswires
May 06, 2025 13:00 ET (17:00 GMT)
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