Ford is raising prices up to $2,000 on Mexico-made models like the Mach-E, Maverick, and Bronco Sport after U.S. tariffs, starting May 2.
Renault's €155K electric R5 Turbo 3E drew 850 orders in a week. Limited to 1,980 units, the 555hp EV hits 0–100 km/h in 3.5s, echoing its 1980s rally roots.
U.S. and China to hold key trade talks in Geneva this weekend, boosting hopes of easing tensions; global markets rose on news of the planned meeting.
BMW kept its 2025 outlook but warned U.S. tariffs will hit Q2 results, though some may ease by July. CFO cites rare levels of geopolitical uncertainty.
Japan's service sector grew in April with PMI rising to 52.4 from 50.0 in March, boosted by stronger orders, contrasting continued weakness in manufacturing.
Strong hybrid demand may boost Toyota's earnings, but investors eye U.S. tariffs' impact on future profits as the automaker reports annual results Thursday.
Novo Nordisk cut its 2025 outlook despite Q1 profit beat, citing weak U.S. prescriptions. CEO highlights 18% sales growth and wider GLP-1 treatment reach.
The U.S. trade deficit hit a record $140.5B in March as imports surged ahead of tariffs, dragging Q1 GDP into negative territory for the first time in 3 years.
Ferrari's Q1 core earnings rose 15% on strong demand and richer models, but the company warned U.S. tariffs could impact profitability later this year.
Ford halted its annual outlook, citing $1.5B in costs from Trump's tariffs. CEO says U.S.-based automakers may gain an edge in the changing trade landscape.
IBM aims to boost AI sales with tools to help businesses manage and build AI agents, integrating platforms like Salesforce, Workday, and Adobe, CEO says.
Trump plans 100% tariffs on foreign-made films, calling them a national security threat as he claims U.S. movie industry is dying due to overseas incentives.
Oil prices hit multi-year lows as OPEC+ plans major output hike in June, adding to surplus fears amid weak demand from US-China trade tensions.
At the Milken Conference, Wall St. leaders urged calm despite fears Trump's trade tariffs may slow the economy, hurt U.S. assets, and stall investments.
Warren Buffett will remain chairman of Berkshire Hathaway as Greg Abel becomes CEO, ending Buffett's 60-year run as chief, the company announced Monday.
Shell launches a $3.5B buyback to fight weaker oil demand and falling crude prices.
TikTok was fined €530M by Ireland for violating EU GDPR by sending user data to China without proper safeguards. It has six months to comply or face suspension.
McDonald's Q1 U.S. same-store sales fell 3.6%, its biggest drop since 2020, as bad weather and cautious consumers hurt traffic. Global sales dropped 1%.
BOJ's rate-hike plans face pressure as Trump's tariffs shrink the window for further increases, posing the biggest test under Governor Ueda's two-year term.
Nvidia CEO Jensen Huang got his first raise in 10 years, with 2025 pay rising to $49.9M amid a company boom. His 3.5% stake is now worth about $94B.
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.