Bank of America's Profit Climbs With Consumer Spending Resilient
The bank said its quarterly profit rose 11%, reflecting a resilient economy in the months before President Trump escalated his tariff threats.
Citigroup Reports Jump in Profit, Revenue
Citigroup reported a jump in profit and revenue in the first quarter of 2025 that beat analysts' expectations, thanks in part to market volatility that generated higher fees for its trading business.
J&J Increases Outlook After Beating 1Q Expectations
Johnson & Johnson now expects sales of up to $91.8 billion in 2025, compared with a prior view of up to $90 billion.
Albertsons Sales Grow on Boost From Pharmacy Business
Albertsons saw its top-line figure increase in the latest quarter as its pharmacy business powered identical sales growth.
Boeing Stock Falls. China Suspends Jets Deliveries as Trade War Intensifies, Report Says.
Boeing gets caught up in the trade war between the world's two largest economies.
Blackstone Moves to Extend Its Reach Into Everyday Investors' Portfolios
The firm is joining with Vanguard and Wellington to offer portfolios with public and private assets.
American Airlines to Provide Free Wi-Fi, Joining Race to Court Connected Travelers
The deal with AT&T will provide free in-flight internet to loyalty program members, beginning in January.
Trump Gave Automakers a Tariff Break. It's Causing More Confusion.
Industry executives are stumped on how to claim the U.S.-content deduction, leaving in limbo billions of dollars in potential savings.
Japan Regulator Orders Google to Stop Anticompetitive Practices
Japan's antitrust regulator instructed Alphabet's Google to stop what it said are anticompetitive practices involving mobile search services, its first order against a U.S. technology giant.
Netflix and Spotify Are Resilient, but Not Recession-Proof
Streaming giants are better positioned than rivals for a recession, but pricey stocks also depend on growth from new ventures.
(END) Dow Jones Newswires
April 15, 2025 09:00 ET (13:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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