Dow Jones Top Company Headlines at 11 PM ET: The Auto Industry Is Panicking About Another Potential Chip Shortage | CSX ...

Dow Jones
2025/10/17

The Auto Industry Is Panicking About Another Potential Chip Shortage

Chinese-owned chip maker Nexperia told suppliers last week it wouldn't ship product after the Dutch government took control of the company.

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CSX Standoffish as Merger Questions Overshadow Third Quarter Results

The railroad operator emphasized its strategy as a standalone company following the deal between Union Pacific and Norfolk Southern during its third-quarter earnings call.

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Interactive Brokers Logs Higher Profit, Revenue as Trading Volume Climbs

The online brokerage platform posted a profit of $263 million compared with $184 million a year earlier.

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Starbucks Evaluating Offers for China Business

Starbucks is assessing bids from five parties for its China business as it seeks a partner to navigate the country's competitive coffee landscape.

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Smartmatic Indicted Over Alleged Bribes

The voting-machine company earlier brought defamation suits against Trump allies over claims it rigged the 2020 election.

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Ray-Ban Maker EssilorLuxottica's Revenue Surges to Quarterly Record

The Franco-Italian eyewear group posted revenue of $8 billion in its best quarter since its 2018 formation as consumer appetite for AI glasses remained strong.

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Invite to Anti-DEI Activist Prompts HR Pros to Pull Out of Industry Event

Robby Starbuck, a force behind efforts to end corporate diversity programs, is set to address a human-resources conference in Louisville, Ky. later this month.

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Salesforce Stock Has Been an AI Loser. Why New Targets Could Bring Back Optimism.

Salesforce stock was receiving a boost after it said it expects to generate more than $60 billion in revenue in fiscal-year 2030

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IKEA's Yearslong Price-Cutting Bonanza Is Coming to an End

The furniture retailer is raising prices on some products, and working to source more goods in the U.S. because of President Trump's tariffs.

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Giuseppe Marsocci to Succeed Giorgio Armani at Helm of Namesake Fashion House

Marsocci worked alongside Armani in the global management of the business as deputy managing director and chief commercial officer.

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Bavarian Nordic's Largest Shareholder Stands Firm Against $3.1 Billion Takeover Bid

ATP's rejection of a sweetened bid from private-equity firms for the vaccine maker casts doubt over whether the deal will go through.

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Charles Schwab Profit, Revenue Up Amid Higher Trading Volumes

Charles Schwab notched a higher profit in the third quarter as revenue jumped to what the company called record levels, thanks to boosted trading volumes and capital inflows.

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U.S. Bancorp Income Rises on Record Quarterly Revenue

U.S. Bancorp notched a rise in earnings for the latest quarter thanks to record revenue and loan growth.

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BNY Profit Rises on Higher Net Interest and Fees

Bank of New York Mellon posted higher third-quarter profit, boosted by a surge in net interest income and fees revenue.

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Travelers Quarterly Profit Rises

Travelers logged a higher profit in the third quarter, thanks to a rise in revenue and net written premiums.

 

(END) Dow Jones Newswires

October 16, 2025 23:00 ET (03:00 GMT)

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

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