Warner Discovery Shareholders Vote Against CEO David Zaslav's Pay
A majority of shareholders nixed Zaslav's $51.9 million compensation package for 2024 in a symbolic "say-on-pay" ballot.
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Wells Fargo Freed From Asset Cap Imposed After Fake-Accounts Scandal
The fourth-largest U.S. bank will be allowed to grow again after years in purgatory.
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HPE Raises Fiscal-Year Profit Forecast on Tariff Exemption
Chief Financial Officer Marie Myers said that while macroeconomic uncertainty and trade concerns had weighed on demand, sentiment has since improved.
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Ford Stock Rises After Strong May Sales. The Pain Is Coming.
Tuesday morning, Ford reported U.S. vehicle sales jumped 16.3% from a year ago. But tariff-induced price increases are coming.
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Citi Drops Gun Policy After Trump Accuses Banks of Discriminating
The president has fueled allegations that banks discriminate on political grounds.
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CrowdStrike Swings to Loss as Outage Expenses Persist
The cybersecurity company posted a loss of $110.2 million, compared with a profit of $42.8 million a year earlier.
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Dollar General Shares Zip Higher After Retailer Raises Outlook
The discount retailer raised its outlook after assessing the impact of tariffs on its business and consumer behavior, and posted better-than-expected first-quarter results.
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Victoria's Secret Postpones Earnings Release After Security Incident
Victoria's Secret has postponed the release of its first-quarter earnings following a security incident involving its information-technology systems that disrupted operations.
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Peloton Opens Resale Marketplace For Used Equipment
Peloton Interactive is getting in on the resale market for its bikes and fitness equipment with its own proprietary marketplace.
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Signet Jewelers Jumps on Earnings Beat and Higher Guidance
The company's outlook for full-year earnings per share is better than analysts were expecting.
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Meta Signs Nuclear Power Deal to Fuel Its AI Ambitions
The tech giant will buy the power generation of an Illinois nuclear plant under a deal with Constellation Energy.
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SpaceX Revenue to Exceed NASA's Budget in 2026, Elon Musk Says
The Tesla chief made the claim in a post on his social-media platform X, calling it "an interesting milestone."
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How Morgan Stanley Tackled One of Coding's Toughest Problems
The finance giant built its own AI tool to help modernize its legacy code-something it said existing tools on the market still struggle with.
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NIO's Net Loss Widens Amid Highly Competitive Chinese EV Market
The Chinese automaker's results were dragged by higher operating expenses and intensifying competition in the world's largest electric-vehicle market.
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How Moderna Went From Pandemic Hero to Vaccine Victim
The biotech's mRNA vaccines were lauded by the first Trump administration but now are caught up in government changes to vaccine rules.
(END) Dow Jones Newswires
June 03, 2025 17:00 ET (21:00 GMT)
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