The Company Founders Who Think They Need Not One but Two Successors
After Netflix and Oracle, Spotify becomes the latest entrepreneur-run company to hand the reins to co-CEOs.
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Nike Sales Rise but Warns of Continued Weakness in China
Nike posted a surprise sales increase in its latest quarter on strength in North America, but cautioned that weakness in China may stymie some turnaround progress going forward.
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Berkshire Hathaway Near $10 Billion Deal for Occidental’s Petrochemical Unit
Warren Buffett’s sprawling conglomerate could unveil its largest deal in years in the coming days.
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U.S. LNG Building Boom Could Play Out Poorly, Shell CEO Says
Companies are building many facilities at a time of rising supply-chain inflation.
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OpenAI Launches Video Generator App to Rival TikTok and YouTube
The company’s new social media app allows users to create short videos with audio from text prompts and insert themselves in AI-generated scenes.
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White House Unveils ‘TrumpRx’ Drug-Buying Site and a Pfizer Pricing Deal
The company says it gains a three-year grace period to exempt it from national-security-related tariffs.
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U.S. to Take Equity Stake in Lithium Americas and Its Nevada Mining Project
The Thacker Pass project would mine one of the largest known lithium deposits in the U.S.
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Morgan Stanley’s Stress Capital Buffer Revised Lower
The Federal Reserve is reducing Morgan Stanley’s stress capital buffer to 4.3% after the bank asked it to reconsider its rating.
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Does Meta want to compete with Nvidia? Here’s a sign of its growing ambition in chips.
The tech giant is acquiring a startup to boost its in-house chip development as it spends billions on AI infrastructure.
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Inside EY’s U.S. Auditing Cleanup to Reduce Shortfalls
The Big Four accounting firm expects its rate of deficiencies to be at or below 9% in the latest inspections, down from 46% three years earlier, people familiar with the matter said.
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FTC Sues Zillow, Redfin Alleging They Suppress Rental Advertising Competition
Government alleges deal between platforms is unlawful.
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EV Market Will Be ‘Way Smaller’ Than Expected, Says Ford CEO. The Billions Being Invested Are in Jeopardy.
Ford CEO Jim Farley had a chilling message for U.S. auto investors on Tuesday.
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Big Oil Is Getting Leaner and Leaner
Exxon is the latest large oil company to announce job cuts as the industry continues to adapt to lower oil prices.
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Cardinal Health to Build Indianapolis Pharma Plant to Supply Growing Distribution
The planned 230,000 square-foot plant is the healthcare company’s latest step in a 10-year plan to modernize and expand its distribution network.
(END) Dow Jones Newswires
October 01, 2025 01:15 ET (05:15 GMT)
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