Apple Might Be Able to Phone It In Now
A slumping stock price has tempered Apple's valuation, making another weak iPhone report less risky.
Domino's Beats Earnings Expectations on Strong Carryout and Delivery Orders
For the first three months of 2024, the company says it grew earnings by 22% from the year-ago period to $3.58 per share.
Rising Food Prices Send More Shoppers to Aldi
The German grocer keeps prices low with smaller stores, fewer staffers and a slimmer product menu than bigger supermarkets.
Coming to a CVS Near You: A Store Brand Monoclonal Antibody
CVS is getting into the business of making copycat biologic drugs, known as biosimilars, to profit directly from blockbusters going generic.
Musk Wins China's Backing for Tesla's Driver-Assistance Service
Tentative approval for the software feature follows Musk's surprise visit to Beijing and marks a crucial victory in his push to reignite Tesla's growth.
Large Pension Bets Big on AMD, Walmart, Peloton Stock. It Sold GM.
State of Michigan Retirement System bought more AMD stock, quintupled a Peloton stake, tripled its Walmart stake, and sold GM shares.
Ukraine Aid Lifts Defense Industry as Debate Over Profits Reignites
A long-delayed $95 billion package supports shells, missiles and drones for three countries, boosting defense companies, as scrutiny grows on share buybacks.
How TikTok Lost the War in Washington
Coordinated efforts by its critics and missteps by the company led to the law forcing a sale or ban of the popular app.
California Fast-Food Chains Are Now Serving Sticker Shock
A month after a higher state minimum wage for fast-food workers went into effect, consumers picking up burgers and burritos at chains in the Golden State grapple with prices rising at a faster clip than in other states.
Philips Settles U.S. Ventilator Claims
Philips has reached a $1 billion settlement in the U.S. related its Respironics ventilators, and backed its full-year guidance.
(END) Dow Jones Newswires
04-29-24 0715ET