Oracle Co-CEOs Defend Massive Data-Center Expansion, Plan to Offer AI Ecosystem
Freshly appointed dual chief executives Clay Magouyrk and Mike Sicilia push back on concerns over Oracle's margins as investors examine AI bubble.
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Jeep-Maker Stellantis Plans $13 Billion Investment to Boost U.S. Manufacturing
The automaker says that American production will grow by 50% with 5,000 new jobs at plants across the Midwest.
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MGM Withdraws Application for Full-Fledged Yonkers, N.Y., Casino
The company will no longer turn its Yonkers location into a casino with live games like poker and blackjack due to shifting competitive and economic factors, it said.
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Grindr Confirms Buyout Interest From Top Investors
Though no formal offer has been made, a committee has been formed to review any potential definitive proposal, the dating-app company said.
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Bouygues Telecom-Led Group Offers to Buy Most Altice French Assets for $20 Billion
Bouygues Telecom, Free-iliad Group and Orange have submitted a joint non-binding offer to acquire a large part of Altice's telecommunications business in France.
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Embraer's CEO Hopes for U.S.-Brazil Deal to Eliminate Aircraft Tariffs
"This is a sector that buys from several places and sells to several places," Chief Executive Francisco Gomes Neto said about the aircraft industry. "We need to go back to zero tariffs."
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Soon You'll Be Able to Shop Walmart in ChatGPT. Here's Why It Matters.
The retail giant is signaling that online shopping is about to change.
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Flexport Launches AI Tools to Tackle Tariffs
The new products are aimed at helping importers assess and comply with rapidly changing U.S. trade policies.
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LVMH Sales Pick Up in Ray of Light for Beleaguered Luxury Sector
The owner of Louis Vuitton reported a quarterly revenue of $21.15 billion, a welcome sign the sector could be reaching a turning point from a protracted slump in demand.
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Boeing's $4.7 Billion Spirit Deal Cleared in EU, With Conditions
The European Commission's merger regulator cleared Boeing's $4.7 billion bid to acquire fuselage maker Spirit AeroSystems Holdings after the companies offered concessions to ease competition concerns.
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Goldman Sachs Plans Layoffs Despite Surging Profits
The bank told employees that head-count growth will be constrained through the end of the year.
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JPMorgan's Profit Jumps as Business Booms on Main Street, Wall Street
The bank raked in higher revenue from trading and dealmaking, while CEO Jamie Dimon said the economy remains resilient despite some signs of softening.
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Citigroup's Profit Jumps, Boosted by Dealmaking and Trading
Citigroup's profit jumped 16% in the third quarter, powered by a surge in dealmaking and trading revenue.
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Oracle, AMD Partner on New AI Chip Deal
The data-center cluster will use tens of thousands of AMD's newest artificial-intelligence chips.
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GM Takes $1.6 Billion Charge on EV Pullback
Automaker cites end of government-funded subsidies and regulatory mandates as it reduces electric-vehicle manufacturing capacity.
(END) Dow Jones Newswires
October 14, 2025 23:00 ET (03:00 GMT)
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