Berkshire Picks Gen Re Chairman as Insurance Star Ajit Jain's Successor
Charlie Shamieh, an insurance-industry veteran, is slated to succeed Jain whenever he is ready to retire.
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Paramount's Revenue Rises on Streaming, Studios Growth
The entertainment company reaffirmed it plans to close the deal for Warner Discovery by the end of the third quarter.
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Palantir Beats Forecasts With $1.63 Billion Quarter as Sales Accelerate
On a call with analysts, the data company seeks to play down concerns about AI competition that have weighed on the stock.
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SEC to Settle Lawsuit Against Elon Musk Over Twitter Share Purchases
The case had alleged that Musk failed to timely disclose his buildup of ownership in the social-media platform he later renamed X.
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ON Semiconductor Narrows First-Quarter Loss on AI Data-Center Demand
The company reported a loss of $33.4 million and posted higher revenue, boosted by chip demands from artificial-intelligence data-center builders.
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Pinterest Posts Higher First-Quarter Sales, Monthly Users
The company's shares surged in after-hours trading after it posted an 18% increase in first-quarter revenue and issued second-quarter guidance that topped Wall Street estimates.
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Regis Resources to Acquire Vault Minerals to Create $7.67-Billion Gold Miner
The combined entity will have a pro forma market capitalization of about $7.67 billion, and annual gold production estimated at more than 700,000 troy ounces.
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Anthropic and FIS Are Building an AI Agent to Help Banks Police Financial Crimes
The AI giant struck a partnership with financial software provider FIS to develop new tools for banks.
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Elon Musk Megatrial Kicks Off Second Week With Scrutiny of OpenAI Exec's Finances
Musk reached out before trial to ask about a settlement and predicted OpenAI leaders would be the "most hated men in America" by week's end.
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California Wants to Throw the Book at State Farm Over Wildfire Claims
State seeks millions in fines, says insurer 'buried policyholders in red tape at the worst moment of their lives'.
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Anheuser‑Busch Earnings Are Coming. Low-Calorie Beer Is the New Growth Engine.
The owner of Budweiser, Corona Extra, and Stella Artois is set to report first-quarter results on Tuesday before the market opens.
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The CEO of Saks Global Says the Company Is Ready for a Comeback
Geoffroy van Raemdonck has a plan to return the luxury retailer to profitability and start growing again.
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IAC Revenue Slides as People's Print Business Weighs on Results
Revenue from People, which makes up the bulk of the company's top line, fell 2% to $385.7 million in the first quarter.
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Gun Makers Reach Cooperation Pact After Months of Tense Proxy Battle
Under the terms of their new agreement, Beretta may increase its investment in Sturm, Ruger to up to 25% of outstanding shares, including a tender offer at a minimum of $44.80 a share.
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Tyson Foods Continues to Be Squeezed by High Cattle Costs
Soaring cattle prices continued to weigh on Tyson Foods' bottom line in the fiscal second quarter, as the meatpacking giant tries to offset rising livestock costs through higher profits from its chicken business.
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Norwegian Cruise Line Cuts Outlook on Weak Demand, Higher Fuel Costs
Norwegian said it is operating against an extremely challenging backdrop, as both internal missteps and external pressures weighed on the business during the latest quarter.
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Amazon Built a Massive Supply Chain for Itself. Now It's for Hire.
The e-commerce giant is opening its global logistics network to all businesses, betting it can turn its supply chain into the next AWS.
(END) Dow Jones Newswires
May 04, 2026 21:00 ET (01:00 GMT)
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