BP Turns to Outsider as Next CEO
Meg O'Neill is resigning from her role leading Woodside Energy to become BP's CEO.
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Micron Logs Sales Jump, Sees Further Growth as AI Demand Outpaces Supply
Micron expects growth to soar higher in the coming months as AI developers scramble for a tight supply of memory-storage products.
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Coinbase Joins With Kalshi to Enter the Surging Prediction-Markets Business
The crypto firm has its sights on becoming an "everything exchange," and prediction-markets platforms like Kalshi are starting to show up everywhere.
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Delta's President to Retire After 20 Years
Glen Hauenstein will retire on Feb. 28, remaining as an advisor through 2026, after nearly 10 years as Delta's president and more than two decades with the carrier.
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DoorDash Teams Up With OpenAI to Offer Grocery Shopping in ChatGPT
Under the partnership, users can ask ChatGPT for meal or recipe suggestions, then ask the chatbot to shop for it using the DoorDash app.
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Andersen, Descendant of Enron's Auditor, Surges 47% in Market Debut
The U.S.-based tax and legal services firm plans to fold in some international units from the larger Andersen Global network.
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Activist Irenic Pushing Medical-Device Maker Integer to Pursue Sale
The hedge fund with a more than 3% stake, delivered a letter to Integer's board this week detailing its requests.
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Oscars Will Move to YouTube Starting in 2029
ABC, the Hollywood awards telecast's longtime home, will air the show through 2028.
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Warner Rejects Paramount's Hostile Bid, Saying Netflix Deal Still Superior
Warner raised concerns about the credibility of Paramount's "illusory" offer and its backing from the Ellison family.
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General Mills Profit Falls Amid Price Cuts
General Mills reported lower second-quarter profit and sales as the company leans on price cuts to attract inflation-weary consumers.
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IRS Takes a New Shot at Meta's Foreign Tax Strategy
The agency is seeking $16 billion, intensifying a decadelong fight between the tech firm and the U.S. government.
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America's Largest Landowner Bets It Can Replace Met Coal With Pine Trees
Weyerhaeuser has launched a venture to turn runty trees and sawdust into a replacement for metallurgical coal used in steel making.
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Diageo to Sell Kenyan Drinks Stakes to Japan's Asahi for $2.3 Billion
The deal gives East African Breweries an enterprise value of $4.8 billion, according to Diageo.
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Nucor, Steel Dynamics Warn of Profit Shortfalls
Steelmakers Nucor and Steel Dynamics warned that their fourth-quarter earnings would fall well short of Wall Street's expectations.
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Hut 8, Fluidstack to Build AI Data Center for Anthropic
Hut 8 is partnering with Fluidstack to build a large artificial-intelligence data center in Louisiana for Anthropic, backed by a $7 billion lease, where Hut 8 will develop and deliver the power needed to run the facilities.
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Medline Raises $6.3 Billion in Biggest IPO of the Year
Shares of Medline, which supplies medical and surgical products including baby blankets, are set to begin trading on the Nasdaq on Wednesday.
(END) Dow Jones Newswires
December 17, 2025 19:00 ET (00:00 GMT)
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