Business

Used vehicle prices last month eased from a recent high in April as consumers who needed a vehicle but feared price hikes due to tariffs purchased one quickly.

Lululemon beat Wall Street expectations for fiscal first-quarter earnings, but cut its full-year earnings guidance, citing a "dynamic macroenvironment."

Many companies lumped layoffs in with larger cost-cutting strategies. Some have cited artificial intelligence as a factor in layoffs.

The big-box retailer has already tested drone deliveries in Arkansas and expanded them in the Dallas-Forth Worth area.

Stellantis said it's resurrecting its well-known V-8 Hemi engine for its Ram 1500 full-size pickup trucks beginning this summer.

CFO Andre Schulten said more details about the job cuts will be shared on the company's fiscal fourth-quarter earnings call in July.

Key topics include billions of dollars in expected EV write-downs, a retrench to "core" businesses for automakers and a collapse of the auto industry in China.

Disney's economic impact report arrives on the heels of its announcement of a new theme park in Abu Dhabi and the opening of rival Universal's Epic Universe.

Sales for Brown-Forman's whiskey products — Jack Daniel's and Woodford Reserve — were flat, while the company's tequila and ready-to-drink portfolios declined.

Growth in sponsorships comes on the heels of the NBA's landmark $77 billion media rights deal, which begins next season.