Costco to Rely on Advancing Orders, Production Shifts to Offset Tariffs
The warehouse-club chain is taking steps to reduce its exposure to tariffs by pulling orders forward and moving sourcing of private-label products to the regions where they are sold.
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SEC Dismisses Lawsuit Against Binance
The regulatory agency has been winding down Biden-era enforcement actions against crypto firms during the Trump administration.
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Dell Technologies Raises Outlook as Sales Rise on AI Demand
The maker of computers and software on Thursday said it now expects adjusted earnings per share of $9.40, up from its previous outlook for $9.30.
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Boeing Stock Jumps on CEO Comments. Here's What He Said.
Boeing CEO Kelly Ortberg has positive news about the production rates, 737 MAX variants, and China. Investors look pleased.
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Microchip Technology Narrows Outlook on Higher Bookings
Microchip is performing better than management expected when it hosted its investor call on May 8, with higher-than-expected bookings, Chief Executive Steve Sanghi said.
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Gap sees sales stalling, and puts a number on the extra cost of tariffs
Gap Inc.'s stock drops after the retailer called for flat current-quarter sales.
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Synopsys and Cadence Confirm China Export Ban. The Stocks Drop.
The chip design software firm says it has received notice from the U.S. Commerce Department restricting its sales in China.
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Meta Fired Palmer Luckey. Now, They're Teaming Up on a Defense Contract.
The Facebook and Instagram parent is partnering with Luckey's Anduril Industries to develop combat VR headsets for the Army.
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Ulta Raises Full-Year Outlook as Consumers Keep Spending on Beauty
Same-store sales increased 2.9%, beating the 0.2% bump Wall Street was anticipating. An increase in average ticket and the number of transactions helped drive same-store-sales growth, Ulta said.
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Ben & Jerry's Calls Gaza Conflict a Genocide, Putting Unilever In A Tough Spot
Ben & Jerry's independent board plans to post a statement expressing solidarity with protesters against deaths of Palestinians in Gaza.
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Newark Airfares Will Be a Steal This Summer, United CEO Says
The airline is slashing fares to coax wary fliers to the airport after flight disruptions and safety fears.
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Retailers, Ducking Trade-War Curveballs, Stick to Their Plans
As legal rulings roll in on Trump's tariff policies, retail executives say they have shifted their supply chains and many price increases already have hit shelves.
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Ex-Goldman Banker Sentenced to Two Years in 1MDB Bribery Scandal
Tim Leissner had pleaded guilty and cooperated with federal prosecutors investigating the looting of billions of dollars from the Malaysian sovereign-wealth fund.
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Marvell Earnings Are Solid but Not Enough for Wall Street
The chip maker is set to report earnings after the close of markets on Thursday. All attention will be on its red-hot data center segment.
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Hormel Foods Trims Guidance, Citing Tariff Impact
Hormel Foods trimmed its earnings outlook for the year, which factors in the impact of tariffs and ongoing momentum of brands such as Planters peanuts and its turkey product.
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Best Buy Cuts Guidance as Tariff Question Looms
Best Buy cut its sales and profit forecast for the year as it works to cushion the blow that looming tariffs could have on customer demand and its margins.
(END) Dow Jones Newswires
May 29, 2025 21:00 ET (01:00 GMT)
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