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Berry unicorn startup Fruitist has surpassed $400 million in annual sales, thanks to the success of its long-lasting jumbo blueberries. The company, which was founded in 2012, announced on Tuesday that it is changing its name from Agrovision to Fruitist. It previously only used the name for branding its consumer products, which also include raspberries, blackberries and blueberries. As sales of its berries grow, Fruitist has raised over $1 billion from outside investors, according to Pitchbook data. Notable backers include the family office of Bridgewater Associates founder Ray Dalio.

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Swiss pharmaceutical giant Roche on Tuesday said that it would invest $50 billion in the U.S. over the next five years, amid concerns about the impact of possible new White House tariffs on pharma goods from abroad. The investment will create more than 12,000 jobs, Roche said — 1,000 with the company, and the remainder to support new U.S. manufacturing capabilities. The pharma giant will inject cash into creating new state-of-the-art research and development (R&D) sites, while bolstering and expanding manufacturing facilities in Indiana, Pennsylvania, Massachusetts and California. A new R&D site in Massachusetts will be used for AI research and act as a hub for research into cardiovascular, renal and metabolism treatments.

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China's CATL, the world's largest supplier of EV batteries, announced a set of new incoming products Monday, including a battery it claims has set a "new global record for superfast charging technology." In a post on WeChat, the company — Contemporary Amperex Technology Company Ltd. — said that its second-generation Shenxing battery could add 520 km (323 miles) of driving range from just five minutes of charging time— only slightly longer than it takes to refuel gas cars. This appears to put CATL's fast charging ahead of that of Chinese EV giant and Tesla rival BYD, which last month surprised the industry with a charging system it claimed could add about 400 km in range to its batteries also in about 5 minutes.

Investors are entering 2025's first-quarter earnings season with a huge cloud of uncertainty hanging over them — thanks primarily to U.S. President Donald Trump's tariffs. The scale of duties announced in April, along with the volatility injected by subsequent updates and reversals in policy, have so far exceeded even the most bearish forecasts. Negotiators from the European Union and the U.K. are in talks with U.S. officials to try to alleviate their respective 25% and 10% blanket tariffs, while also grappling with broader tariffs on steel, aluminum and autos. Meanwhile, the rest of the world watches on to see whether red-hot tensions between Washington and Beijing will cool, averting a trade war between the two biggest economies that would have far-ranging repercussions.

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India's Prime Minister Narendra Modi and U.S. Vice President JD Vance on Monday hailed the "significant" progress made in trade talks between the two sides during Vance's visit to India. Vance, who was in India on a mostly personal trip with second lady Usha Vance and his family, met Modi in New Delhi. A statement from Modi's office said the two leaders "welcomed the significant progress in the negotiations for a mutually beneficial India-U.S. Bilateral Trade Agreement."Vance and Modi also reviewed and positively assessed the progress in various areas of bilateral cooperation, and noted "continued efforts" in enhancing cooperation in areas like energy, defense and strategic technologies.

The dollar has been sliding and the ripple effects on other currencies has brought a mix of relief and headache to central banks around the world. Uncertainty about U.S. policymaking has led to a flight out of the U.S. dollar and Treasurys in recent weeks, with the dollar index weakening more than 9% so far this year. Market watchers see further declines. According to Bank of America's most recent Global Fund Manager Survey, a net 61% of participants anticipate a decline in the dollar's value over the next 12 months — the most pessimistic outlook of major investors in almost 20 years.