Merck (MRK) earnings report Q1 2025
Nurphoto | Nurphoto | Getty Images Merck on Thursday lowered its full-year profit guidance, citing $200 million in estimated costs for tariffs and a charge tied to a recent deal. The company now expects its 2025 adjusted earnings to come in between $8.82 and $8.97, down slightly from a previous outlook of 8.88 to $9.03 […]
Eli Lilly sues compounded Mounjaro, Zepbound providers
An injection pen of Zepbound, Eli Lilly’s weight loss drug, is displayed in New York City on Dec. 11, 2023. Brendan McDermid | Reuters Eli Lilly is suing four telehealth companies selling compounded versions of the pharmaceutical giant’s weight loss drug Zepbound and its diabetes treatment Mounjaro, the company’s latest attempt to crack down on […]
Chipotle is latest to raise the alarm about spending slowdown
Chipotle’s same-restaurant sales headed south in the first quarter, dashing Wall Street hopes of growth above 1%.
China stopped taking aircraft amid Trump’s trade war
China has ordered its airlines not to take any further deliveries of Boeing Co. jets as part of the tit-for-tat trade war that’s seen US President Donald Trump levy tariffs of as high as 145% on Chinese goods. Bloomberg | Bloomberg | Getty Images Boeing could hand over some of its aircraft that were destined […]
Why Apple investors might be too optimistic about what’s ahead
UBS analysts worry that the next iPhone launch will be lackluster, meaning Wall Street’s expectations for next year are too high.
Trump considering some exemption for automakers
People work on the production line of auto parts at a carmaker in Qingdao in east China’s Shandong province Saturday, March 1, 2025. Yu Fangping | Feature China | Future Publishing | Getty Images President Donald Trump is considering exemptions for automakers from some tariffs announced by his administration, the White House confirmed Wednesday to […]
Recession ‘inevitable’? Markets say don’t be so sure.
Markets are signaling doubt about whether the U.S. economy will end up in recession, despite investors’ fears over President Donald Trump’s ‘liberation day’ tariffs.
Chipotle Mexican Grill (CMG) Q1 2025 earnings
The Chipotle logo is seen in New York City on July 16, 2024. Jakub Porzycki | Nurphoto | Getty Images Chipotle Mexican Grill on Wednesday reported weaker-than-expected quarterly revenue after its same-store sales declined for the first time since 2020. Executives cited both a slowdown in consumer spending and adverse weather as two of the […]
Trump inauguration donors include Meta, Amazon, Target, Delta, Ford
U.S. President Donald Trump delivers remarks at the Business Roundtable’s quarterly meeting at the Business Roundtable headquarters on March 11, 2025 in Washington, DC. Andrew Harnik | Getty Images America’s richest and most powerful companies shelled out millions to fund President Donald Trump’s inauguration festivities. Three months later, some may be asking whether the famously […]
International travelers are skipping the U.S. That could cost America’s economy $90 billion.
Travel and tourism is a huge part of the U.S. services economy, supporting some 9.5 million American jobs.
