Google's Cybersecurity Deal Spins Tiny Investment Into $4 Billion Windfall 
 

Index Ventures is set to earn a 250-fold return on its seed money in a startup that Google has agreed to buy.

 
Banks Were Riding High on Trump. Now, Their Earnings Could Suffer. 
 

Softening forecasts for bank earnings are a symptom of the wider economic and policy uncertainty facing the U.S.

 
Rio Tinto Has 'Strong Desire' to Invest More in U.S., Copper Chief Says 
 

The world's second-biggest miner by market value wants to increase its investment in the U.S. after President Trump signed an executive order to streamline permitting processes and boost government financing for minerals projects.

 
FedEx Cuts Outlook, Despite Higher Profit, Sales 
 

FedEx cut its outlook for the year, citing weak demand for business-to-business shipments stemming from continued weakness and uncertainty in America's industrial economy.

 
Nike Forecast Steeper Fourth-Quarter Sales Drop in Early Days of Turnaround 
 

Nike expects its sales decline to accelerate as it continues to push discounts to clear inventory in the hopes of stoking a turnaround.

 
Nvidia CEO Jensen Huang Apologizes for His Quantum Effect 
 

Nvidia CEO Jensen Huang offered a quantum-level climb-down on Thursday, after spooking quantum-computing companies earlier this year with his assessment that their efforts wouldn't be "very useful" for 15 to 30 years.

 
Energy Capital's Partnership With Abu Dhabi's ADQ Also Seen Profiting KKR 
 

A $25 billion investment agreement with the ADQ sovereign-wealth fund will also lift the private-equity firm's $50 billion collaboration with KKR, ECP's founder says.

 
Carnival's Earnings Are a Test of Consumer Confidence. Tune In Friday. 
 

The cruise operator's earnings will provide an update on the health of the travel industry but they could be equally important as an indicator about the broader economy.

 
Steel Earnings Are Lousy. Weren't Tariffs Supposed To Help? 
 

Nucor's mid-quarter update was well below Wall Street's expectations. Tariff timing might be the best explanation.

 
Ben & Jerry's Founders Say They Stand Behind Ousted CEO 
 

The executive's dismissal is latest dust-up in a yearslong conflict between the brand and its parent company, Unilever.

(END) Dow Jones Newswires

March 21, 2025 03:00 ET (07:00 GMT)

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