How Tim Cook convinced Trump to drop made-in-USA iPhone — for now
Apple CEO Tim Cook went to the White House to announce plans to spend about $600 billion over four years…
Economy
Firefly Aerospace prices shares at $45, above the expected range
Firefly will be the next space technology company to go public, following Voyager Technology and Karman Holdings this year. ...
DoorDash shares rise on earnings, revenue beat
DoorDash reported better-than-expected results and said total orders increased 20%. ...
E.l.f. Beauty’s profits fall 30% as China tariffs weigh on bottom line
E.l.f. Beauty sources about 75% of its products from China and the cost of new tariffs is weighing on its…
Airbnb beats on top and bottom lines for second quarter
Airbnb's revenue increased 13% from a year earlier, topping estimates. ...
Trump vows 100% tariff on chips, unless companies are building in the U.S.
President Donald Trump said he will impose a 100% tariff on imports of semiconductors and chips, but not for companies…
Yum Brands earnings miss estimates as Pizza Hut, KFC struggle in the U.S.
Yum Brands on Tuesday reported quarterly earnings and revenue that missed analysts' expectations as Pizza Hut and KFC reported U.S. same-store sales…
Russia weighs into U.S.-India tariff spat, saying New Delhi can choose its own trade partners
The Kremlin commented on Tuesday that Trump's comments were "attempts to force countries to stop trade relations with Russia." ...
Pfizer hikes 2025 profit outlook on cost cuts, strong quarterly results
The results come as Pfizer and other drugmakers grapple with Trump's calls to lower U.S. drug prices and brace for…