Luxury carmaker Ferrari warns of U.S. tariff risks after 17% jump in first-quarter profit
Luxury carmaker Ferrari on Tuesday reported a significant upswing in first-quarter profit, citing robust demand for personalized vehicles.
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Mattel CEO says toy manufacturing won't come to America, but price hikes will
Mattel CEO Ynon Kreiz says toy manufacturing won't come to America, but price increases will.
Hispanic shoppers are spending less on groceries, putting pressure on consumer companies
Coca-Cola, Constellation Brands and Colgate-Palmolive reported that Hispanic consumers are spending less, which weighed on their North American sales.
Newark air traffic controllers couldn't see or talk to planes, leading to last week's airport meltdown
The FAA said air traffic controllers took time off to recover from the stress of the event.
Hugo Boss warns U.S. tariffs, immigration uncertainty dampening domestic and tourist spend
Hugo Boss on Tuesday pointed to deteriorating U.S. consumer confidence, with uncertainty around tariffs and immigration policy dampening both domestic and tourist spend in its largest single market.
Palantir shares fall as company reports in-line earnings, lifts full-year guidance
Palantir boosted its guidance for the year on Monday, as net income in the latest quarter more than doubled.
Ford suspends 2025 guidance amid $2.5 billion tariff impact
Ford Motor beat Wall Street's first-quarter expectations, but suspended its 2025 financial guidance amid an expected $2.5 billion impact this year from tariffs.
Trump signs order to boost domestic drug manufacturing as pharma tariffs loom
The order comes ahead of Trump's planned tariffs on pharmaceuticals imported into the U.S.
Hims & Hers gives weak outlook but says more collaborations are coming
Hims & Hers shares fell in extended trading on Monday after the company reported first-quarter earnings that offered soft guidance.
Air traffic controllers couldn't see or talk to planes in equipment failure that led to Newark meltdown
The FAA said air traffic controllers took time off to recover from the stress of the event.