Dow Jones Top Company Headlines at 3 PM ET: Winklevoss-Backed Gemini Space Soars in Latest IPO Market Win | Rivian ...

Dow Jones
09/13

Winklevoss-Backed Gemini Space Soars in Latest IPO Market Win

The crypto exchange jumped 43% in volatile trading in its Nasdaq debut, the latest upside surprise in the resurgent IPO market.

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Rivian Has a Recall, Tesla Style. The Stock Is Down.

The EV maker is recalling 24,214 vehicles to correct an issue with its driver-assistance features. An over-the-air update to its software is expected to fix the problem.

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Uber Faces Justice Department Suit for Alleged Disabilities Act Violations

The Justice Department's complaint alleges that Uber and its drivers routinely refused to serve individuals with disabilities and imposed surcharges such as cleaning fees for service animal shedding and cancellation fees to riders it has denied service.

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Boeing Gets Proposed Fine From FAA for Alleged Violations Tied to Door Plug Blowout

The FAA hit Boeing with proposed fines of more than $3.1 million for alleged safety violations that occurred from September 2023 to February 2024.

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Homebuilders in Tight Spot as Profits Sink, Regional Markets Shift

Companies are facing reduced margins thanks to surplus inventory in some regions and high demand in others.

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Apple Postpones iPhone Air's Release in China

The company is awaiting regulatory approval for its new, thinner iPhone model in its second-largest market.

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CEO of Tylenol Maker Lobbied RFK Jr. Not to Cite Drug as Autism Cause in Report

In a hastily scheduled meeting, Kenvue interim Chief Executive Kirk Perry sought to dissuade the health secretary, arguing there is no clear link.

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Armani's Will Seeks Sale of Fashion Empire or Public Listing

Instructions from the late Italian designer to his heirs aim to shake up the independent label's ownership.

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Norwegian Wealth Fund Excludes Miner Eramet From Portfolio Over Ethics Concerns

The ethics council advising the fund said there was a risk that Eramet could be contributing to environmental damage and human-rights violations.

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Microsoft Settles EU Antitrust Probe Over Teams After Officials Accept Concessions

The company is to make suites available without Teams at a reduced price, let some customers switch to suites without Teams, and will provide function interoperability.

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Joby and Archer Aviation Jump Because President Trump Likes Flying Cars

The companies will participate in a White House program that can help speed the adoption of electric vertical takeoff and landing aircraft.

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RH Stock Falls as Tariff Uncertainty Hits Earnings Outlook. What to Know.

The home furnishing retailer said tariffs would add to its costs next year.

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CVC Strikes $1.5 Billion Deal for GoDaddy Rival Namecheap

The buyout firm is poised to acquire a majority stake in the Arizona-based domain registrar and web-hosting provider.

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A U.S. Icon Loses Out to European Rival in Rush for Air Defenses

Denmark's choice of a European system over the U.S-made Patriot comes amid friction with the Trump administration and a wider European desire to wean the continent off American weaponry.

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If Pepsi Wants to Win, It Has to Play Coke's Game

Coke shed bottling and poured money into marketing. Unless Pepsi slims down, the gap between the two will continue to widen.

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Freight Startup Flexport Forecasts Profitability in 2025-With an Asterisk

CEO Ryan Petersen says the company is aiming for a profitable 2026.

 

(END) Dow Jones Newswires

September 12, 2025 15:00 ET (19:00 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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