HSBC's Mark Tucker to Join AIA as Chairman
Mark Tucker previously served as AIA's group chief executive and president from 2010 to 2017.
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Amazon to Invest Over $5 Billion in Data Centers in Taiwan
Amazon plans to invest over $5 billion in a cluster of data centers in Taiwan. The investment will support the launch of a new cloud services region on the island.
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Tesla Stock Plummets. Musk-Trump Spat and 3 Other Things Slamming Shares.
Tesla stock had a miserable day on Wednesday. There are four reasons why.
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Crypto Firm Circle's Shares Soar in Stock Market Debut
The stablecoin issuer began trading as the Trump administration is boosting the industry.
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Broadcom Sales Climb on Booming AI Demand
The maker of semiconductors and software posted higher profit and sales, thanks to demand for AI networking as hyperscalers continue to invest.
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Nvidia Preparing To Reenter China Market, Supplier Says
Nvidia reportedly plans to reenter the China AI chip market with a processor called the B40, a supplier said Thursday.
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BCG Fires Two Partners Over Gaza Aid Work
The consulting giant terminated North American employees involved in an aid effort marked by violence and disorder.
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Lululemon Athletica Cuts Profit Outlook as Tariffs Threaten to Raise Costs
The maker of yoga pants and other athletic wear said it now expects earnings of $14.58 to $14.78 a share for the fiscal year, down from its prior outlook of $14.95 to $15.15.
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Jack Daniel's Maker Brown-Forman Forecasts Tough Year Ahead
Jack Daniel's maker Brown-Forman expects organic sales to decline this fiscal year as consumer demand softens in the face of shifting tariffs and uncertainty about the U.S. economy.
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Winnebago Cuts Outlook on Weaker Motorhome Demand
Winnebago Industries said it expects to adjust its headcount, shift production plans and post weaker-than-expected results for the spring quarter due to eroding demand for motorhomes.
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Dollar Tree has more than just wealthier customers to handle tariffs, analysts say
Truist analysts say they believe Dollar Tree and other retailers have done a better job staying flexible on where they get products.
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U.K. Fintech Firm Wise Set to Move Main Listing to U.S.
The move deals another blow to European markets that have seen a wave of defections.
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Cracker Barrel Swings to Profit on Slightly Higher Sales
Cracker Barrel Old Country Store swung to a profit and logged higher sales in its fiscal third quarter, buoyed in part by higher menu prices.
(END) Dow Jones Newswires
June 06, 2025 01:00 ET (05:00 GMT)
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