Paramount Has Offered $15 Million to Settle CBS Lawsuit. Trump Wants More.
The president’s team threatened another lawsuit amid settlement talks.
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Nvidia’s Business Is Booming Despite Being Shut Out of China
The AI chip maker’s shares rose more than 5% after hours as quarterly revenue surged to a record $44 billion.
The company’s fiscal first-quarter earnings and revenue beat expectations.
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HP to Raise Prices, Shift More Production Out of China Amid Tariff Pressure
The computer and printer maker lowered its outlook for the year, citing higher-than-expected tariff costs.
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Elon Musk Tried to Block Sam Altman’s Big AI Deal in the Middle East
Musk warned those involved that President Trump wouldn’t bless the OpenAI data-center project in Abu Dhabi unless his xAI company was included in the deal, according to people familiar with the matter.
Mary Barra says tariffs can help even the playing field with foreign competitors.
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E.l.f. Buys Hailey Bieber’s Rhode Cosmetics Brand in $1 Billion Deal
The agreement unites two brands that are popular with Gen Z and helps the buyer diversify its supply chain outside of China.
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Controversial New York Pipeline Project Is About to Be Revived
Pipeline operator Williams will seek to build two natural-gas supply lines to New York following talks between President Trump and Gov. Kathy Hochul.
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Macy’s to Tackle Tariffs With Some Price Raises, Supply Chain Changes
The department-store chain cut its full-year profit outlook to account for the tariff war and some moderation in consumer spending.
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Dick’s Sporting Goods Maintains Outlook as Quarterly Sales Increase
Dick’s Sporting Goods said sustained consumer interest in an active lifestyle drove first-quarter sales higher, leading the retailer to maintain its outlook for the rest of the fiscal year.
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Honeywell Adds Elliott Executive to Its Board Ahead of Breakup
The activist investor revealed a more than $5 billion stake in the conglomerate late last year.
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GameStop makes its first bitcoin buy. Here’s why the stock is pulling back.
GameStop’s purchase of 4,710 bitcoin marks its first cryptocurrency purchase since the videogame retailer announced earlier this year that it would make bitcoin a treasury-reserve asset.
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Capri Holdings Cuts Guidance Over Trade Uncertainty
The luxury retailer downgraded its revenue forecast for fiscal 2026, warning that tariff-related uncertainty and currency headwinds were likely to weigh on demand.
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Chevron Gets Narrow License to Preserve Oil Assets in Venezuela
The company can maintain key infrastructure but is barred from importing oil from the South American country.
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Tinder’s New Chief Is Out to Change Its Hookup-App Reputation
Spencer Rascoff is rethinking Match Group’s biggest app as younger online daters grow tired of swiping.
