• Starbucks to Beef up Store Staffing, Slow Automation
  
  Starbucks will invest more in staffing and less on equipment, including an automation system that it previously touted, CEO Brian Niccol said, breaking with a wider industry trend to rely more on technology for store operations.
• FDA Approves J&J's Immune Disorder Drug
  
  The U.S. Food and Drug Administration has approved Johnson & Johnson's drug to treat some patients aged 12 years and older with an immune-mediated disorder, the drugmaker said on Wednesday. The drug, which will be sold under the brand name Imaavy, was approved for patients...
• Shein Weighs US Restructuring as Tariffs Cloud IPO
  
  Fast fashion retailer Shein is weighing a restructuring of its U.S. operations as U.S. President Donald Trump's tariffs on Chinese imports threaten to jeopardize its London IPO, The Financial Times reported Wednesday.
• Caterpillar Q1 Misses, Flags Tariff Hit to Annual Sales
  
  Caterpillar reported a lower first-quarter profit Wednesday, hurt by softer demand due to economic uncertainty.
• Samsung Says Trade Turmoil Raises Chip Volatilities
  
  South Korean technology giant Samsung Electronics warned on Wednesday U.S. tariffs could cut demand for products such as smartphones, making it difficult to predict future performance.
• France: Treasury's Bessent Receptive to Zero Reciprocal Tariffs
  
  Treasury Secretary Scott Bessent is receptive to the idea of cutting tariffs on industrial goods trade between the European Union and the United States, French Finance Minister Eric Lombard said Wednesday.
• Trump Says He Had a Good Call With Amazon's Bezos
  
  President Donald Trump on Tuesday said he had a good call with Amazon chairman Jeff Bezos.The call follows media reports that the Republican president complained to Bezos about a report that the e-commerce giant planned to display prices that showed the impact of tariffs,...
• Meta Launches Standalone AI Assistant App
  
  Facebook parent Meta Platforms Tuesday launched a separate app for its Meta AI assistant, similar to those offered by Microsoft-backed OpenAI and Alphabet's Google.
• Amazon Denies Report on Tariff Pricing Display
  
  Amazon on Thursday denied a report it is planning to display the added cost of tariffs on products.
• Saks Fifth Avenue Launches Amazon Storefront
  
  Saks Fifth Avenue is launching a storefront on Amazon.com where it will sell high-end, designer products from Dolce&Gabana and Balmain in the e-commerce giant's latest foray into selling luxury goods, the companies said Tuesday.
• UPS to Cut 20,000 Jobs, Close 73 Facilities
  
  UPS is looking to slash about 20,000 jobs and close more than 70 facilities as it drastically reduces the amount of Amazon shipments it handles.
• WH: Amazon Tariff Price Announcement Is Hostile
  
  White House Press Secretary Karoline Leavitt said on Tuesday that Amazon's announcement that it will include the price of tariffs on the pricetag for products is a hostile act.
• Novo Nordisk Expands Wegovy Access Via 3 Telehealth Firms
  
  Novo Nordisk said Tuesday it was partnering with telehealth firms Hims & Hers , Ro and LifeMD to sell branded versions of Wegovy, ahead of potential restrictions on selling compounded versions of the obesity drug.
• GM Recalling 600K Vehicles Over Engine Issue
  
  GM is recalling nearly 600,000 SUVs and trucks in the United States due to engine issues, it announced Tuesday.
• Pfizer Beats Profit Estimates on Cost Cuts, Heart Drug Sales
  
  U.S. drugmaker Pfizer reported first-quarter profit above Wall Street estimates Tuesday, helped by cost cuts and better-than-expected sales of its heart disease drug, Vyndaqel.
• DOJ Official: 'America First' Antitrust Enforcement Is Not Regulation
  
  The head of the U.S. Department of Justice's antitrust division laid out a vision for "America First" antitrust in her first public speech Monday, calling it a way to prevent corporate regulation.
• Coca-Cola Reports Better-Than-Expected Q1 Profit
  
  Coca-Cola reported better-than-expected earnings in the first quarter and said the impact of tariffs on its business are likely to be "manageable."
• American Airlines Sues JetBlue as Alliance Talks Collapse
  
  American Airlines has ended partnership talks with carrier JetBlue Airways and filed a lawsuit seeking damages after the collapse of the Northeast Alliance (NEA), Vice Chair Steve Johnson said in a letter to employees.
• GM Pulls Annual Forecast, Q1 Revenue Rises 2.3%
  
  General Motors has pulled its forecast for the year, reflecting the uncertain effects of U.S. President Donald Trump's global trade war on the industry, even as it reported strong quarterly results.
• Trump to Tout Nvidia, J&J, Hyundai, Toyota US Investments
  
  CEOs and other executives from Nvidia, Johnson & Johnson, Toyota Motor, Eli Lilly and SoftBank Group are among the more than two-dozen senior business leaders slated to visit the White House Wednesday as part of an event highlighting U.S. investments, officials told...
• Amazon Launches First Internet Satellite to Compete With SpaceX
  
  Amazon's first batch of internet satellites rocketed into orbit, the latest entry in the mega constellation market currently dominated by SpaceX's thousands of Starlinks.
• Wall Street Banks Sell Last Tranche of Musk's X Debt
  
  A group of banks including Morgan Stanley, Bank of America, Barclays and Mitsubishi sold the final piece of debt tied to billionaire Elon Musk's $44 billion buyout of social media platform Twitter, now called X, a source familiar with the matter told Reuters.
• Nike Takes Heat for 'Never Again' Ad at London Marathon
  
  Nike is facing backlash after an advertisement was displayed Sunday along the route of the London Marathon, one of the world's most prominent long-distance races.
• Levi Strauss Shareholders Nix Ending DEI Programs
  
  Levi Strauss disclosed in a filing Monday that its shareholders voted against a proposal for the company to end its diversity, equity and inclusion efforts.
• Teledyne CEO Retires, Insider Bobb to Take Over
  
  U.S. defense firm Teledyne Technologies said Monday its CEO Edwin Roks has retired from his position, and the board has appointed insider George Bobb as its new chief executive, effective immediately.

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