Dow Jones Top Company Headlines at 11 PM ET: SpaceX’s Spacecraft Makes It to Space, but Then Tumbles | U.S. ...

Dow Jones
2025/05/28

SpaceX's Spacecraft Makes It to Space, but Then Tumbles

The booster came apart and the company lost control of the spacecraft in its latest test flight.

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U.S. to Grant Chevron License to Preserve Oil Assets in Venezuela

The company would be able to maintain key infrastructure but be barred from importing oil from the South American country.

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GM Invests in V-8 Engines as It Backpedals on EVs

The company said the investment marks its largest single investment in an engine plant, and makes Tonawanda its second propulsion plant to produce the sixth generation of V-8 engines.

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Supreme Court Declines to Take Up Challenge to Big Arizona Copper Project

The Supreme Court declined to review a case from a coalition of Native American people, religious groups and others who say the planned mine will destroy a sacred site.

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Vail Resorts Shakes Up Leadership After Rocky Ski Season

The company brings chairman and former CEO Rob Katz back to the top job, effective immediately.

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General Mills Expects $130 Million in Charges from Transformation Initiative

The maker of Lucky Charms and Bisquick pancake mix didn't specify what organizational actions would be taken.

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AMC Soars. Movie Theater Stocks See Big Gains After a Big Box Office Weekend.

Disney's Lilo & Stitch and Paramount's Mission Impossible led a record Memorial Day Weekend.

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Trump Media Shares Fall Sharply on Plans to Raise Billions to Buy Bitcoin

The plans come after the president hosted a dinner last week for the top buyers of his memecoin.

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SpaceX to Launch Starship Again as Elon Musk Talks Mars Colonization

Tuesday is shaping up to be a big day for the Tesla CEO's rocket company.

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Salesforce Strikes $8 Billion Deal for Informatica

The deal is a move by Salesforce to bolster its artificial-intelligence capabilities.

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AutoZone Results Pressured by Foreign Currency Rates

The aftermarket car-parts retailer's fiscal 3Q net income fell to $608.4 million, or $35.36 a share, from $651.7 million, or $36.69 a share a year ago, and missed analysts' expectations of $36.78 a share.

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TSMC to Set Up Chip Design Hub in Germany

Taiwan Semiconductor Manufacturing said the facility would design chips to be used across the automotive and industrial sectors as well as artificial intelligence.

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Steward Health Seeks to Impose Discounts on Top Bankruptcy Creditors

The hospital company doesn't have enough cash to repay its top-ranking debts while planning $125 million litigation campaign.

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Tesla Europe Sales Slumped by 49%. Why the Stock Rose.

Tesla sales in Europe fell 49% in April from a year ago, dashing hopes of a rebound.

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Temu Owner PDD's Profit Slides as Woes in the U.S. and China Sink In

Intensifying competition in China and new U.S. tariffs led to the slowest sales growth since early 2022.

 

(END) Dow Jones Newswires

May 27, 2025 23:00 ET (03:00 GMT)

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