AirAsia is nearing a record order for 150 Airbus A220 jets: The deal would be the largest single order for the A220, a money-losing program Airbus has struggled to scale up

White House says drug pricing deals could save $529 billion over 10 years: The Trump administration's "most favored nation" framework covers 17 pharma companies and applies across all U.S. markets, including private insurance

Smoothie King is planning 200-plus new stores as wellness trends boost sales: The chain, which claims to have coined the word "smoothie" in 1973, is also adding flatbreads and rolling out ovens to franchisees at no cost

SEC is proposing to let public companies swap quarterly earnings reports for twice-a-year filings: The proposal would end a 55-year-old requirement, letting companies file one semiannual and one annual report instead of three quarterly reports

ICYMI: Oil surges back to $115 and stocks fall as the market is back on a war footing: Iranian attacks against the UAE compounded tensions that had been building over conflicting reports of military encounters in the Strait of Hormuz

ICYMI: American Express Global Business Travel is being taken private in a $6.3 billion deal: Long Lake Management, backed by General Catalyst and Alpha Wave, will pay shareholders $9.50 per share — a 60% premium to Friday's close

Anthropic is launching 10 AI agents targeting Wall Street banks and insurers: The Claude maker says the tools can handle pitchbooks, credit memos, KYC screening, and month-end close tasks out of the box

HSBC misses profit estimates as U.K. fraud charge and Middle East provisions weigh on results: The bank set aside $1.3 billion in credit losses, including $400 million tied to the collapse of U.K. mortgage lender Market Financial Solutions

Nuveen's Brian Griggs says portfolio construction 'must evolve holistically'

ICYMI: IAC pulled the plug on Ask.com, ending nearly 30 years of web search: The site, formerly known as Ask Jeeves, officially closed on May 1 after parent company IAC decided to exit the search business

ICYMI: Sierra is raising $950 million at a $15.8 billion valuation: The customer service AI startup reached $150 million in annual recurring revenue in its first eight quarters

ICYMI: USDA is warning shoppers to toss frozen pizzas and pork rinds sold at Aldi and Walmart: Contaminated dry milk powder prompted the recall of at least 6 products, with more expected to be added

HSBC misses profit estimates as U.K. fraud charge and Middle East provisions weigh on results: The bank set aside $1.3 billion in credit losses, including $400 million tied to the collapse of U.K. mortgage lender Market Financial Solutions

James Murdoch's Lupa Systems is in talks to buy New York Magazine and Vox Media's podcast unit: The deal would hand Murdoch control of one of the most recognizable U.S. magazine brands and a sizable podcast business

DuPont is raising prices to offset war-driven cost spikes — and lifted its full-year outlook: The chemical maker posted adjusted EPS of $0.55, topping estimates, and now expects about 1% of organic growth to come from pricing actions

Major publishers sued Meta for pirating millions of books to train its AI: Five major publishing houses and novelist Scott Turow allege Meta used pirated books and journal articles without permission to build its Llama AI models

Cytokinetics stock hits 52-week high after heart drug passes expanded Phase 3 trial: The ACACIA-HCM trial met both primary endpoints, potentially opening treatment to a new population of heart disease patients

Pinterest stock surged after the company beat earnings and posted record users: The social media company beat earnings and revenue estimates and projected Q2 revenue above Wall Street expectations

ICYMI: Amgen is pouring another $300 million into its Puerto Rico drug factory: The additional investment builds on $650 million Amgen committed to its Juncos facility last year, which supplies medicines to more than 60 countries

ICYMI: Amazon is opening its logistics network to all businesses in an AWS-like expansion: Procter & Gamble, 3M, Lands' End, and American Eagle Outfitters are among the first companies to sign up

ICYMI: KKR-backed ambulance giant GMR Solutions is targeting a $5 billion valuation in its IPO: The emergency medical services company is offering about 32 million shares at $22 to $25 each, seeking to raise as much as $797.9 million

ICYMI: Amy's Kitchen is bringing its organic frozen meals to more than 150 Costco warehouses: The rollout begins in Los Angeles on May 1, with the Bay Area and Texas markets to follow through July

ICYMI: Anthropic is launching a $1.5 billion enterprise AI company with Blackstone and Goldman Sachs: The new standalone company will embed Claude into midsize businesses, backed by a consortium including Apollo, General Atlantic, and Sequoia Capital

Pinterest stock surged after the company beat earnings and posted record users: The social media company beat earnings and revenue estimates and projected Q2 revenue above Wall Street expectations

Ford opens $30,000 electric pickup lab as EV losses mount: The automaker invited press into its Long Beach development center as it targets a 2027 launch for an affordable electric truck built to rival Chinese EVs

Bullish is acquiring transfer agent Equiniti in a $4.2 billion blockchain markets push: The crypto exchange is paying about $2.35 billion in stock and assuming $1.85 billion in debt to create what it calls a transfer agent for tokenized securities

Audi's profit slid as deliveries fell and tariff uncertainty clouded its outlook: Net profit slid 11% to €559 million as U.S. tariffs cut into results by a triple-digit million-euro figure

Most negotiations fail before they start: The best negotiators are the most prepared in the room. Here's a three-step framework for being the most prepared

ICYMI: Tyson Foods beats profit expectations as chicken offsets a wider beef loss: The company raised its full-year chicken income forecast to as much as $2.05 billion and lifted its total adjusted operating income outlook

ICYMI: a2 Milk is recalling U.S. baby formula batches after detecting a bacterial toxin: About 16,400 of the 63,078 affected tins are estimated to have reached consumers; no illnesses have been reported

ICYMI: Chaozhou Three-Circle is seeking up to $1 billion in a Hong Kong listing: The Shenzhen-listed ceramic components maker is awaiting regulatory approval, with a deal possible as early as the end of June

ICYMI: OPEC+ is raising oil output by 188,000 barrels per day in June — but the Strait of Hormuz blockade makes it largely symbolic: The 7-country group agreed to the increase Sunday, its first meeting since the UAE left the oil cartel on May 1

ICYMI: SAP is acquiring data platform Dremio to unify its enterprise AI data layer: The deal will make SAP Business Data Cloud an Apache Iceberg-native lakehouse capable of combining SAP and non-SAP data for AI workloads

ICYMI: McDonald's is phasing out self-serve soda fountains at all U.S. locations by 2032: The shift reflects declining dine-in traffic as drive-thru and digital orders now account for about 40% of domestic sales

ICYMI: Blackstone is seeking $1.75 billion in an IPO for its new data center REIT: Blackstone Digital Infrastructure Trust will target newly built data centers leased to investment-grade hyperscalers, with shares set to trade on the NYSE under BXDC

Ferrari beats earnings estimates ahead of its first EV launch: The Italian automaker posted €1.85 billion in revenue and confirmed its 2026 targets as it prepares to debut the Luce electric vehicle

PayPal beats earnings expectations for its new CEO's first quarter — but the stock slumps 10%: Revenue rose 7% to $8.35 billion and adjusted EPS climbed 1%, topping Wall Street estimates, but stock fell after the earnings call

Shopify stock sinks after slower growth forecast overshadows earnings beat: The commerce software company posted 34% revenue growth in Q1, but its outlook for high-twenties growth in Q2 rattled investors

Most negotiations fail before they start: The best negotiators are the most prepared in the room. Here's a three-step framework for being the most prepared

The U.S. trade deficit widened as AI investment drove a surge in imports: The goods and services gap rose 4.4% to $60.3 billion, with capital goods imports hitting a record as AI buildout lifted demand for foreign computer equipment

Fix culture or lose talent: A global executive survey shows talent retention and employee wellbeing topping leadership priorities in 2026, while company culture ranks last

UnitedHealthcare will make it easier for patients to get procedures without pre-approval: The insurer will drop pre-approval requirements for select outpatient surgeries, echocardiograms, and certain therapies by end of 2026

'Big Short' investor Michael Burry is done with GameStop: Burry said the deal's leverage — potentially 7.7 times debt to EBITDA — was incompatible with his "Instant Berkshire" thesis

ICYMI: BNY and Domyn execs share details behind deal to strengthen financial AI goals

ICYMI: Anthropic is forming a $1.5 billion joint venture with Blackstone and Goldman Sachs to push AI into private equity: Anthropic, Blackstone, and Hellman & Friedman are each contributing about $300 million, with Goldman Sachs putting in $150 million

ICYMI: E-C Council pres. Jay Bavisi: 'we create [ethical] hackers' at RSA Conference

ICYMI: Constellation Research CEO R 'Ray' Wang dissects tech earnings bonanza

ICYMI: Visa exec: 'AI is in the fabric of everything we do' at HumanX Conference

ICYMI: JetBlue and Frontier stocks surge as Spirit Airlines' collapse opens room to grow: JetBlue is adding 11 new destinations from Fort Lauderdale, while Frontier says it already serves more than 100 former Spirit routes

ICYMI: Zeta Global CEO David Steinberg explains what's behind firm's 50% YoY growth