Former President Donald Trump announced that he would impose a 25% tariff on automobiles imported from the European Union, escalating trade tensions between the US and Europe. This move comes after the Supreme Court previously...

The U.S. government will open its tariff refund claims portal on Monday, potentially providing billions of dollars in reimbursements to major importers like Walmart and Target. These retailers, which have been paying tariffs on...

Starbucks reported a 6.2% increase in global same-store sales for its latest quarter, driven by higher customer traffic. The coffee chain raised its full-year earnings forecast, signaling that its turnaround strategy is gaining...

The Federal Communications Commission has initiated an early review of Disney’s broadcast license renewals, citing concerns over the company’s diversity, equity, and inclusion policies. The FCC’s decision,...

U.S. airlines are raising ticket prices, and passengers continue to purchase flights despite significant increases. Executives report that demand remains robust as carriers attempt to offset higher fuel costs. The industry has...

Nvidia shares experienced a slight decline on Tuesday following a Wall Street Journal report that cast doubt on OpenAI’s growth projections, raising concerns across the broader artificial intelligence sector. The report...

Domino’s Pizza shares declined after the company reported quarterly sales that fell short of expectations, with CEO Russell Weiner attributing the weakness to harsh winter weather and subdued consumer spending. Weiner...

Major pharmaceutical companies including Novartis, Amgen, and Eli Lilly are focusing on a lesser-known type of cholesterol as a potential target for the next generation of blockbuster heart disease treatments. These firms are...

General Motors is scheduled to release its quarterly earnings before the market opens today. Analysts are closely watching the results, as well as any updates to the company’s 2026 financial guidance. Beyond the earnings...

Saba Capital Management’s effort to offer shareholders of Blue Owl Capital and Starwood Capital Group’s private credit funds a chance to sell their stakes at a discount has met with limited interest. The tender...

It’s part of Customers Bank CEO Sam Sidhu’s effort to get ahead in the industry’s race to transform itself using AI agents as a new digital workforceSource: CNBC Business

America’s largest automakers are set to report first-quarter earnings results this week.Source: CNBC Business