Amazon to Lay Off Around 16,000 Corporate Employees
The latest round of layoffs came after the company cut 14,000 white-collar workers in October.
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Firms Strike Deal for $10 Billion Shipping-Ports Venture
The tie-up between investment firm Stonepeak and French shipping company CMA CGM could potentially help weaken China's grip on the shipping industry.
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Starbucks Sales Jump as Coffee Customers Return
The coffee chain's U.S. same-store sales rose 4% in the latest quarter, the strongest showing since late 2023.
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Chip-Machine Giant ASML Logs Record Orders as AI Spending Booms
The company logged record quarterly orders, showing how tech clients continue to plow money into tools for making sophisticated semiconductors.
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Birkenstock Eyes Double-Digit Revenue Growth in Push to Open Stores
The German footwear maker, famed for its cork sandals, looks to multiply its store footprint by the 2028 fiscal year.
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AT&T Sales Rise on Higher Wireless, Consumer Revenue
AT&T recorded higher sales in the fiscal fourth quarter, boosted by increases in revenue at its wireless and consumer businesses.
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Wells Fargo Cuts Proxy Adviser Ties in Latest Blow to Industry
The bank will make voting decisions on shareholder proposals without the help of proxy advisers like ISS and instead rely on a new internal system.
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GE Vernova Warns Efforts to Halt Offshore Wind Projects Could Hurt Operations
GE Vernova warned that the Trump administration's efforts to halt construction of all U.S. offshore wind projects could hurt its wind division.
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Deutsche Bank Offices Searched in Money-Laundering Probe
The investigation comes as Deutsche Bank, which is due to release earnings on Thursday, seeks to move away from past scandals.
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U.K. Plans New Rules for Google's AI Overviews
Under the plans, publishers could stop their content being used to power AI Overviews, or to train AI models outside of Google search and make sure their content is properly cited in AI results.
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Prosperity Bancshares to Acquire Stellar Bancorp in $2 Billion Deal
Prosperity Bancshares agreed to acquire Stellar Bancorp in a deal valued at around $2 billion that would create the second-largest bank by deposits headquartered in Texas.
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SoftBank in Talks to Invest Up to $30 Billion More in OpenAI
The Japanese conglomerate is exploring a further investment as part of the startup's efforts to raise up to $100 billion.
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General Dynamics Revenue Boosted by Marine Systems, Defense
General Dynamics reported a jump in fourth-quarter revenue propelled by its marine-systems and combat-systems segments.
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Brinker Boosts Outlook as Chili's Continues to Outperform Industry
Brinker posted higher second-quarter profit and revenue and raised its fiscal-year outlook as the perceived affordability of its Chili's chain continues to draw repeat customers.
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Maersk Warns of Disruption From Severe Weather in Europe
Extreme weather conditions are causing severe disruptions to logistics operations across Europe, with cargo vessels sheltering and terminals forced to halt or scale down activity.
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VF Revenue Rises as North Face Offsets Vans Weakness
The apparel company recorded one of its strongest quarters in over three years in its Americas region, driven by its North Face and Timberland brands.
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Scotts Miracle-Gro Strikes Deal to Sell Cannabis-Supply Unit
The sale of Hawthorne Gardening to Vireo Growth reduces Scotts's exposure to the volatile marijuana sector, executives said.
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China Approves Purchases of Nvidia's H200 Chip, Easing Tension With U.S.
Beijing gave the green light to Alibaba and others, but is keeping in place limits intended to encourage purchases of local chips.
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SK Hynix Caps Off Bumper Year With Record Quarter
The memory chip maker posted record earnings for the final quarter of 2025 as the global artificial-intelligence boom continued to fuel strong demand.
(END) Dow Jones Newswires
January 28, 2026 13:00 ET (18:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.