UPS Stands by Call to Scale Back Amazon Business Despite New Tariff Challenges
Cutting more than half of its Amazon deliveries is good for UPS's business in the long run, its CFO says.
AI's Threat to Google Just Got Real
A drop in search traffic is a reminder that technological advancement can displace long-established tech giants.
Disney Makes It Official: The Middle East Is the New Theme-Park Hot Spot
The entertainment company joins SeaWorld, Legoland and Six Flags with its planned park in Abu Dhabi.
Toyota Expects U.S. Tariffs, Higher Material Costs to Dent Profit
The Japanese carmaker projected lower annual profit after reporting a drop in fourth-quarter earnings, with U.S. tariffs and higher material costs expected to cut into its bottom line.
AB InBev Profit Soars Ahead of Expectations
The world's largest brewer said net profit for the quarter was $2.15 billion compared with $1.09 billion a year earlier.
Apple's Existential Crisis: Can It Build a Future Around AI?
The iPhone maker has an uncertain path ahead: shiny but less smart hardware or a smarter Siri that turbocharges everything.
Nintendo Bets That Switch 2 Sales Can Lift Annual Profit
The Japanese videogame maker is betting that solid demand for the long-awaited Switch 2 console will boost earnings when it goes on sale next month.
Maersk Backs Guidance Despite Cautioning on Container Demand
The shipping giant confirmed its full-year outlook even as it moderated expectations around container demand as macroeconomic and geopolitical uncertainty increase.
Rheinmetall Backs 2025 Guidance But Leaves Door Open to Upgrade
Germany's biggest arms manufacturer continues to expect an increase of 35% to 40% in sales, but said guidance could be upgraded if an expected surge in demand for military equipment was confirmed.
Zurich Posts Increase in Premiums After Growth Across Divisions
The insurer's gross written premiums for its property and casualty division rose 5% supported by rate increases, profitability in its commercial line and better margins in retail.
(END) Dow Jones Newswires
May 08, 2025 07:00 ET (11:00 GMT)
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