News Highlights: Top Company News of the Day - Friday at 9 AM ET

Dow Jones
18 Apr
 
Amazon Is Better Prepared for the Trade War Than Investors Think 
 

The company's size and global reach give it muscles to flex even in a sour economy.

 
Lazard Hires Former Chair of Powerful House Financial Services Committee 
 

Patrick McHenry was known as a crypto industry ally in Congress.

 
Johnson & Johnson Pivots Its AI Strategy 
 

The company is making a shift to focus on only the highest-value GenAI use cases and shut down pilots that were redundant or underdelivering.

 
Now Streaming on Netflix: A Show Where Profits Trump the Trade War 
 

The streaming giant sticks by its full-year forecast in a rare show of resilience in a tumultuous market.

 
Value Retailers Have Been Waiting for the Higher-Income Consumer. They've Arrived. 
 

As financial stress mounts, chains like Dollar Tree and Academy that cater to the budget-conscious are seeing more of a new class of shoppers.

 
U.S. House Committee Urges Two U.S. Banks to Withdraw From CATL's Listing 
 

A U.S. congressional committee has urged two U.S. banks to pull out of working on Chinese battery giant Contemporary Amperex Technology's planned listing in Hong Kong, expressing "significant concerns" over their involvement in the process.

 
Bill Ackman Teases Prospect of Uber, Hertz Partnership 
 

Billionaire investor discloses nearly 20% stake in Hertz, lays out path to greater profitability

 
Apple Loses Ground in China's Smartphone Market as Local Rivals Gain 
 

Apple lost its top spot in China's smartphone market, dethroned by local rival Xiaomi as Beijing's consumption-boosting subsidies help buoy demand for cheaper products.

 
The Week Google and Meta Faced an Antitrust Reckoning 
 

The two titans of digital advertising are facing unprecedented legal threats over tactics they used to reach dominance.

 
It looks like Intel may have to go it alone. Can CEO Lip-Bu Tan fix the company solo? 
 

Another rumored partner has dismissed the prospect of an arrangement with Intel, suggesting the company won't get outside help with its turnaround.

 
 

(END) Dow Jones Newswires

April 18, 2025 09:00 ET (13:00 GMT)

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