Kohl's fired CEO Ashley Buchanan after 100+ days over deals with a vendor he had personal ties to, involving unusual terms and a costly consulting deal.
Ford April U.S. sales rose 16% on strong truck demand and employee pricing, but EV sales fell 40%. Buyers rush to beat possible Trump tariff hikes.
Shell Q1 profit fell 28% to $5.58B, beating forecasts. It will continue $3.5B share buybacks, marking 14 straight quarters of $3B+ repurchases.
TotalEnergies Q1 profit fell 18% to $4.2B, missing forecasts. Earnings dropped across segments except LNG; shares slid 4% on rising debt concerns.
JetBlue and United are in talks for a partnership after JetBlue's alliance with American Airlines was blocked by a judge in 2023.
Investors shift to emerging market bonds as U.S. tariffs hit Treasury's; yields drop, currencies rise in Mexico, Brazil, and South Africa amid strong real returns.
VW warns profit margins may hit low end of guidance, citing U.S. trade policy as a major challenge to financial forecasting.
Barclays Q1 profit rose 11% to £2.7B, boosted by investment banking. Revenue beat at £7.7B. Shares up 2% as U.S. exposure remains key for investors.
Rising defaults in U.S. office real estate spark concerns about regional banks' balance sheets and tighter credit conditions across lending markets.
Spot Bitcoin ETFs see surging inflows despite high volatility, signaling growing institutional interest and reshaping crypto market sentiment.
Inversions persist, but steepening in long-term yields may signal shifting expectations around inflation, Fed policy, and recession timing.
UPS beat Q1 profit estimates, plans to cut 20K jobs and shut 73 buildings, aiming to save $3.5B in 2025 amid weak demand, especially from Amazon.
Eurostat will release April inflation data, key for assessing ECB policy effectiveness and guiding future rate decisions amid global economic uncertainty.
Deutsche Bank posts 39% profit jump on strong revenue, cost control.
India's Nifty 50 rose 0.28% and Sensex gained 0.29%, boosted by hopes of a U.S. trade deal and strong FPI inflows; broader Asian markets also edged higher.
Bitcoin nears $95K, signaling bullish momentum in crypto markets.
Tech giants lead Q1 earnings season, drawing investor focus amid economic uncertainty.
IBM will invest $150 billion in the U.S. over five years, boosting quantum computer production, joining Nvidia and Apple in supporting local manufacturing.
Nintendo previews Switch 2 near Tokyo; fans fear potential price hikes on consoles and accessories due to rising tariffs under Trump's policies.
Airbus finalizes deal to take Spirit AeroSystems assets, offering $200M credit lines, as Boeing moves to buy back the U.S. supplier for $4.7B.
S&P warns Australia's AAA rating at risk if election pledges widen deficits; strong spending raises fiscal concerns despite low debt and safe-haven status.
Brazil's finance minister sees momentum for Mercosur-EU trade deal ratification as geopolitical tensions rise; deal finalized in December after 25 years of talks.
IMF projects global public debt to top 100% of GDP by 2030 due to rising borrowing costs, slow growth, and increased government spending.
Komatsu forecasts 27% profit drop for FY 2025 due to strong yen, U.S. tariffs; plans 100B yen buyback after FY 2024 profits beat estimates.