Trump and Musk break up, a tariff truce teeters, and Disney layoffs: Business news roundupA collection of our best posts of the week in business news
Tesla stock rebounds 5%. Wedbush says shares were 'way oversold' on the Trump-Musk breakupThe EV-maker's stock clawed back some losses after a $150 billion selloff
Trade war backlash is now shutting down car factories in EuropeChina's export curbs on critical rare earth minerals are slowing or halting production lines across the continent
Tesla EV sales had a rough month of MayThe company saw major year-over-year sales declines across Europe and China.
Ford gets a sales bump on employee pricing despite tariffsThe strong sales came despite tariffs and a decline in EV purchases
FAA isn't considering removing the production cap of Boeing 737 MAX planesThe policy was put in place following at 2024 Alaska Airlines incident where a door plug flew off a Boeing plane mid-air
Alaska Airlines will soon offer direct flights to EuropeThe airline's flights to Rome will begin in May 2026
United Airlines tries to lure customers back to Newark with lower prices as a shuttered runway reopensThe troubled airport is hoping to solve its woes ahead of the summer travel rush
United Airlines is flying back to JFK thanks to a JetBlue partnershipJetBlue hopes to steer clear of the legal problems that plagued its previous partnership with American Airlines
Walmart is about to fly delivery drones over more citiesFive more states can get small items delivered by drone in less than 30 minutes
Lululemon delivers a solid quarter — and the stock still sinks 20% on tariff fearsAs tariff concerns eclipse strong sales growth and expanding margins, investors are set to erase $8 billion off the athleisure retailer's market cap
Amazon isn't slowing down on AI with a $10 billion data center in North CarolinaThe company cited demand for generative AI as a driving force behind the investment
The maker of Oreos is suing Aldi for copying its packagingThe lawsuit by Mondelez International underscores the price wars between name brands and in-store generic products
Aldi cuts grocery prices on more than 400 items for the summerThe supermarket chain claims it will save shoppers $100 million during its seasonal discount campaign
Tomato, water, and beef: Here's what's been recalled this weekPork lard, beef tallow, and pills for urinary tract infections are also on the list
McDonald's is bringing back the Snack Wrap to fans' delightThe iconic and deeply missed menu item will return in July
McDonald's is killing its Starbucks and Dunkin' competitor CosMcThe fast food giant was trying to make a play for more coffee customers
Hims & Hers makes a big Europe push with an acquisition. Knockoff weight loss drugs could be nextThe telehealth company’s overseas expansion could accelerate access to personalized obesity treatments beyond the U.S.
Noom wants to be 'the Duolingo of health'Could gamification and psychology be the secrets to sticking with weight loss in the Ozempic era?
CVS and Express Scripts sued to block a new law restricting drug middlemenArkansas says the law will prevent corporate greed and save consumers money, but the two pharmacy giant say it will force them to cease operations in the state
How Ozempic maker Novo Nordisk fell behind Eli Lilly in the weight loss drug raceNovo Nordisk stock plunged more than 50% and its CEO was ousted. But the transformation of the market that the Danish pharma giant defined has only just begun.
Trump says the U.S. and China will resume trade talks Monday in LondonTensions seem to cool as Commerce Secretary Howard Lutnick and others head to the U.K. to negotiate with Beijing
Trump calls Elon Musk 'the man who lost his mind'The president said he's "not particularly" interested in speaking to the Tesla CEO after attacks on Trump's domestic policy bill turned personal
Trump says he's 'disappointed' in Elon Musk as their feud explodes in public viewThe Tesla CEO claimed credit for Trump's re-election. The president responded with a threat to cut Musk's federal contracts
Trump says he had a 'very good' call with China's Xi Jinping and that more trade talks are comingTrump and Xi held their first known phone call of the American president's term as trade tensions reached a boiling point
Anthropic's CEO has a problem with the GOP's push to stop states from regulating AIByJoseph Zeballos-RoigPublishedJune 5, 2025
How stock-based pay minted millionaires and fueled America's wealth gapByCatherine Baab-MuguiraPublishedJune 5, 2025
Elon Musk says Republicans should torch their megabill and start overByJoseph Zeballos-RoigPublishedJune 4, 2025
Trump hiring freeze is hurting inflation data collection: ReportByMichael BarclayPublishedJune 4, 2025