HP to Cut Up to 10% of Workforce as Part of AI Push
The computer and printer maker expects the restructuring to affect about 4,000 to 6,000 employees.
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Dell Technologies Raises Outlook as AI Shipments Increase
The Round Rock, Texas, technology company said it expects full-year revenue to be $111.2 billion to $112.2 billion, up from a prior range of $105 billion to $109 billion.
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Asset Managers Sued for Alleged Credit-Market Cartel
Telecommunications business Optimum, formerly Altice, alleges that lenders colluded to restrict access to credit markets through a private cooperation pact.
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Autodesk CEO Sees Long-Term Growth Due to Steady AI Demand
The maker of AutoCAD and other digital design software has capitalized on the flood of investment in data centers.
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Kohl's Shares Rocket Higher as Retailer Lifts Outlook
The stock soared 35% in a meme-like rally after the department-store chain said its turnaround is picking up momentum.
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Urban Outfitters Sales Boosted by Namesake Brand's Growth
The apparel and home goods retailer recorded higher earnings and revenue in the third quarter.
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Walmart Is Exploring Bringing Ads to Sparky, its New AI Shopping Agent
The retailer is looking for revenue opportunities in the shift to chatbot-guided e-commerce.
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Best Buy Raises Outlook as Consumers Spend on Tech Upgrades
Consumers are being careful about large purchases but paying up for some expensive products, chief executive says.
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PosiGen Files for Bankruptcy as Solar Tax Credits Roll Back
Its largest lender, Brookfield Asset Management, has asked a court to dismiss a lawsuit filed by a public bank lender shortly before the chapter 11 filing.
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AI Startup Suno Inks Warner Music Deal, Settling Litigation
Suno agreed to acquire concert-discovery platform Songkick from Warner Music Group as part of the deal.
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Novo Nordisk Drug Helps Patients Lose Weight, Lower Blood Sugar in Trial
The pharma giant said amycretin helped patients lose weight and reduce blood-sugar levels in pill and injection forms during a mid-stage trial, lifting shares in the company.
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Abercrombie & Fitch Narrows Outlook as Quarterly Sales Gain
Abercrombie & Fitch narrowed its full-year outlook toward the high end of its range after sales rose in the third quarter.
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Chiquita Kicks Off Asset Review Following Wrongful-Death Verdict
Banana producer has tapped investment bankers to examine options for possible business combinations.
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Dick's Sporting Goods Boosts Outlook, Promises to Revive Foot Locker Brand
Retailer said its namesake banner continues to perform well and that its acquisition of Foot Locker represents a major growth opportunity, despite the brand's current challenges.
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Alibaba's Profit Slumps but AI Business Shines
Net profit fell 53% amid fierce competition in the food-delivery sector, but revenue growth was steady as the group targets consumer AI.
(END) Dow Jones Newswires
November 25, 2025 17:00 ET (22:00 GMT)
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