Industry

Walmart CFO warns shoppers may see higher prices by late May due to rising import tariffs.

A judge tosses Vanguard's $40M investor settlement, citing overlap with an earlier SEC payout.

Regeneron acquires 23andMe for $256M after bankruptcy, pledging to protect customer genetic data.

Elon Musk partners with Microsoft to host Grok AI on Azure, despite an ongoing lawsuit.

Kroger ends its Kroger Ship service, redirecting customers to pickup and delivery options amid changing online shopping habits.

Nearly 18,000 ice cream containers recalled due to plastic contamination risk, FDA warns.

Tesla drops its robotaxi lease plan and begins selling used cars, as Elon Musk's self-driving promises remain unmet.

Donald Trump criticizes Apple CEO Tim Cook for shifting iPhone production to India, urging a return to U.S. manufacturing.

Waymo recalls 1,212 self-driving cars after 16 minor crashes with roadside objects; issue fixed with software update.

Consumer Reports finds Kroger overcharged shoppers due to expired sale tags, sparking legal concerns and customer frustration.

Novo Nordisk partners with Septerna in a $2.2 billion deal to develop oral treatments for obesity, type 2 diabetes, and other metabolic diseases.

Ford recalls nearly 274,000 Expedition and Navigator SUVs due to a brake line issue that may increase crash risks.

Thousands of Starbucks employees have gone on strike to protest a new dress code, demanding changes and collective bargaining.

Nissan to cut 20,000 jobs and close 7 plants after merger talks with Honda collapse.

Walmart CFO Signals Consumer Price Increases Coming in Late May