Martinelli's recalls over 170,000 apple juice bottles in 28 states due to potential patulin contamination risk.

Merck KGaA to acquire U.S. biotech firm SpringWorks for $3.9 billion to expand its cancer and rare disease drug portfolio.

IBM commits $150 billion to boost U.S. tech and manufacturing, focusing on quantum computing over the next five years.

Intel announces job cuts and office changes after reporting a $821 million loss in Q1 2025.

Temu shoppers face surprise import charges doubling item costs amid new U.S. tariffs.

Toyota considers investing in a $42 billion buyout of supplier Toyota Industries amid governance reform pressures.

China warns CK Hutchison and partners not to bypass antitrust review in $23 billion global ports sale to BlackRock-led group.

Grain Millers recalled 63,000 pounds of oats due to plastic contamination risk, according to the FDA.

DOGE's cost-cutting efforts under Elon Musk may end up costing U.S. taxpayers billions, experts warn.

Tariffs threaten the EV industry's growth, but Tesla and Volkswagen may gain an advantage with more American-made vehicles.

Shein and Temu raise prices as the U.S. ends a key tariff loophole for low-cost imports.

Trump signs executive order to fast-track U.S. deep-sea mining, aiming to compete with China's control of critical minerals.

China has quietly rolled back tariffs on some U.S. semiconductors, signaling a shift amid ongoing trade tensions with the US.

Meta lays off staff in Reality Labs as it restructures VR and AR teams to boost efficiency.

Starbucks faces a lawsuit over claims it profited from forced labor on Brazilian coffee farms.

McDonald's brings back McCrispy Strips nationwide on May 5, rejoining the fast-food chicken battle.

Trump's meme coin, $TRUMP, surged by 58% after offering an exclusive dinner with the former president to top coin holders.

A new study links top global companies to $28 trillion in climate damage, tracing pollution back to major fossil fuel producers.

Southwest Airlines cuts flights and suspends its financial outlook as economic uncertainty weakens travel demand.

Apple and Meta fined nearly $800 million by the EU for breaking digital market rules under the Digital Markets Act.

Eli Lilly sues four companies for selling unapproved versions of its weight-loss drug tirzepatide, citing safety concerns and illegal practices.

Big Lots is reopening over 130 stores in May across 14 states after a major retail deal with Variety Wholesalers.

The FDA plans to ban synthetic food dyes like Red 40 and Yellow 5, affecting popular snacks like Skittles and Flamin' Hot Cheetos.

US Treasury Secretary Scott Bessent calls the China trade war "unsustainable" and expects de-escalation despite no formal talks yet.

China urges South Korea to stop exporting rare earth products to U.S. defense firms, raising global trade tensions.

Swiss pharma giant Roche announces a $50 billion U.S. expansion, creating 12,000 jobs and boosting biotech in four states.

The FDA has paused its milk testing program after major staff cuts, raising concerns about national food safety.

Tesla settles a wrongful death lawsuit over a fatal 2021 Ohio crash involving a Model Y, with terms undisclosed.

Walgreens agrees to pay $300 million to settle claims of illegally filling opioid prescriptions over a decade.

Harvard sues Trump administration over $3.2 billion grant freeze, citing threats to research and academic freedom.