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RTX, GE Aerospace expect more than $1 billion tariff impact

RTX and GE Aerospace expect a more than $1 billion impact combined from President Donald Trump’s tariffs on imported goods and materials, the latest sign of higher…
Stock

Chipotle to expand to Mexico amid Trump trade war with U.S. neighbor

Chipotle Mexican Grill will open its first location in Mexico early next year as the latest stage in its international expansion. The company…
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Netflix maintained its 2025 guidance. That may not be the sign of confidence it seems.

Netflix executives messaged Thursday that all is well with the business in the face of economic turbulence. But its full-year outlook tells a…
Stock

Nintendo Switch 2 retail preorder to begin April 24 following tariff delays

Nintendo on Friday announced that retail preorder for its Nintendo Switch 2 gaming system will begin on April 24 starting at $449.99….
Stock

Capital One and Discover merger approved by Federal Reserve

Capital One Financial’s application to acquire Discover Financial Services in a $35.3 billion all-stock deal has officially been approved by the Federal Reserve and the Office of the Comptroller…
Stock

U.S. judge finds Google holds illegal online ad tech monopolies

Alphabet’s Google illegally dominated two markets for online advertising technology, a judge ruled Thursday, dealing another blow to the tech giant and…
Stock

Harvard’s battle with the Trump administration is creating a thorny financial situation

Harvard’s brewing conflict with the Trump administration could come at a steep cost — even for the nation’s richest university. On April…
Stock

Target CEO to meet with Rev. Al Sharpton as civil rights groups threaten boycotts over DEI

Target CEO Brian Cornell will meet with the Rev. Al Sharpton this week in New York as the retailer faces calls for a…
Stock

Hermès to hike U.S. prices for iconic bags and scarves in response to Trump tariffs

French luxury group Hermès will raise its U.S. prices from the start of May in order to offset the impact of President Donald Trump’s…
Stock

OpenAI in talks to pay about $3 billion to acquire AI coding startup Windsurf

OpenAI is in talks to pay about $3 billion to acquire Windsurf, an artificial intelligence tool for coding help, CNBC has confirmed….
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