Bill Ackman Teases Prospect of Uber, Hertz Partnership 
 

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

 
Netflix, Unscathed by Tariffs, Posts Record Profit 
 

The streamer forecasts stronger revenue growth in the second quarter.

 
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.

 
The Chip Industry Has Too Many Eggs in the AI Basket 
 

TSMC struck an upbeat note after posting strong earnings, but tariffs and the trade war loom large.

 
L'Oreal Sales Rise as Europe Growth Offsets U.S. Weakness 
 

L'Oréal Chief Executive Nicolas Hieronimus told analysts the beauty market is now more likely to grow this year at the lower end of the 4% to 4.5% range he predicted in February.

 
Judge Rules Google Operates Illegal Ad Monopoly 
 

The tech giant faces multiple legal threats related to how it wields market power.

 
American Express customers are 'eating out and enjoying life' as spending grows 6% 
 

Amex's CEO said that recent metrics are "in many cases better than what we saw in 2024."

 
Spirit Airlines Hires New CEO, Plotting Rebound 
 

Longtime airline executive Dave Davis will take leadership as airlines face a tougher travel environment.

 
D.R. Horton Cuts Outlook as Soft Demand, Tariffs Hang Over Spring Selling Season 
 

D.R. Horton reported declines to its top and bottom lines as a combination of cautious demand and weak economic conditions weighed on results, prompting the company to reduce its outlook for the year.

(END) Dow Jones Newswires

April 17, 2025 23:00 ET (03:00 GMT)

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