Trump Threatens Apple With 25% Tariff on Foreign-Made iPhones
President Trump stepped up pressure on Apple and Chief Executive Tim Cook to make iPhones in the U.S., saying that iPhones manufactured abroad could face import taxes.
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Big Banks Explore Venturing Into Crypto World Together With Joint Stablecoin
Discussions involve companies co-owned by JPMorgan and others, as lenders brace for the possibility that stablecoins could siphon away deposits and transactions.
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Booz Allen Hamilton Revenue, Outlook Below Estimates
Booz Allen Hamilton posted revenue growth that came in below expectations in its latest quarter while its guidance for the current fiscal year also underwhelmed, sending its stock lower before the bell.
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RedBird Strikes $670 Million Deal for Britain's Telegraph Newspaper
The deal ends lengthy saga to find a new owner of the London-based media group.
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What the Era of ‘Sovereign AI' Means for Chip Makers
As Nvidia and others strike deals with sovereign nations, their business will become politicized as never before.
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America's Sports Betting Boom Is About to Backfire
For every dollar in gambling tax revenue, U.S. states spend under a penny on problem gambling. The gaming industry spends even less. Millions of gamblers are at their mercy.
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Oaktree in Takeover Talks With Superior Industries
The top lender, advised by law firm Paul Weiss, is in discussions to take over the aluminum wheel maker struggling with auto parts tariffs.
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Longer-term tariff predictions have proven too tough for these footwear and clothing companies. It's derailing their stocks.
Executives at Ross Stores and Deckers say they will not provide full-year guidance
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Chinese Drugmaker's Shares Jump in Strong Hong Kong Debut
Shares of Jiangsu Hengrui Pharmaceuticals soared Friday morning, as more companies seek to tap Hong Kong's capital markets.
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Hinge Health Goes Public, Delivering Much-Needed Win for Digital-Health Startups
The NYSE debut is the first major IPO for a venture-backed digital-health company since the pandemic-era boom.
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Rooftop Solar Takes Gut Punch in House Tax Bill
The bill sunsets renewable energy credits, as expected, but includes more stringent provisions and rollback dates that were seen as especially bleak for rooftop solar.
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Federal Trade Commission Drops Pricing Lawsuit Against PepsiCo
The lawsuit alleged the beverage company provided promotional pricing deals to a single big-box customer but didn't give the same incentives to other retailers.
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China's BYD Outsells Tesla in Europe for First Time
The development was a setback for Elon Musk's EV maker as it faces growing competition overseas.
(END) Dow Jones Newswires
May 23, 2025 09:00 ET (13:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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