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PepsiCo’s revenue misses amid ‘subdued’ trends and Quaker Oats recall fallout

PepsiCo’s stock falls after revenue misses expectations for a third-straight quarter, amid “subdued” performance trends in North America.

Oil prices fall after U.S. imposes tariffs on China, Beijing retaliates

Oil futures fell Tuesday morning, losing ground as the U.S. implemented an additional 10% tariff on China imports and Beijing retaliated with measures of its own.

Ferrari offers cautious guidance. The stock revs higher anyway.

Sports-car maker Ferrari reported a jump in fourth-quarter profit, buoyed by product mix even as shipments grew just 2%.

Estée Lauder to cut up to 7,000 job cuts as it swings to loss, sending stock lower

Estée Lauder Cos. Inc.’s stock fell 6.4% early Tuesday, after the beauty and cosmetics company swung to a fiscal second-quarter loss and announced an expansion of its current restructuring aimed at restoring sustainable sales growth.

This contrarian stock-market indicator is about to flash red. What that means for investors. 

Wall Street strategists are largely leaning positive on stocks, and that may mean it’s time to go the other way.

‘I’ve been named sole heir’: My father, 92, is a Korean War veteran and stays out until dawn playing poker. What can I do?

“The family is mortgaged, likely for more than it is currently worth, to cover Dad’s back taxes and credit-card and gambling debts.”

Palantir bear Morgan Stanley upgrades rating but still doesn’t call AI firm a buy

Morgan Stanley has finally conceded that Palantir Technologies is not a stock to sell, but its analysts aren’t quite ready to call it a buy either.

Treasury yields rise as China tariff retaliation adds to inflation concerns

Bond yields inched up early, amid fears about the possible inflationary impact of a trade war between the U.S. and China

Former San Francisco mansion of the late Robin Williams sells for $18 million

The Italian Renaissance-style abode was the home Williams’ wife, Marsha Garces Williams for 30 years, and where the couple raised their children.

Gwyneth Paltrow finally sells her L.A. mansion after slashing the price by $8 million

The actress turned wellness guru sold the elegant Brentwood estate for $22 million.

Tequila has to be made in Mexico. Diageo offers no financial outlook on tariff uncertainty.

The maker of Don Julio tequila and Crown Royal whisky said on Tuesday it can’t provide financial guidance because of the uncertainty over tariffs.

The tariff wars aren’t over. China hits back over new 10% tariffs.

U.S. agreements with Canada and Mexico stopped tariffs before they were to enter into effect, but the trade war between the world’s top two economies is continuing.
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