Dow Jones Top Company Headlines at 7 AM ET: Amazon Launches 1-Hour Delivery in Hundreds of U.S. Cities | BNP ...

Dow Jones
03/17

Amazon Launches 1-Hour Delivery in Hundreds of U.S. Cities

Amazon has launched faster delivery options, allowing customers in certain cities across the U.S. to have products delivered in an hour for a fee.

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BNP Paribas Targets Asset-Management Growth Under 2030 Plan

The bank aims for a near doubling in pretax income from its asset management unit by 2030 under a new plan that builds on its acquisition of AXA Investment Managers.

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Audi Expects Profitability to Improve This Year as Work Continues to Cut Costs

The automaker forecasts an operating margin of between 6% and 8% this year, up from 5.1% in 2025.

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David Zaslav Deal Pay Could Top $800 Million After Last-Minute Tax Benefit

The sum includes cash and payments for options and restricted stockholdings, as well as a newly adopted tax reimbursement.

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OpenAI to Cut Back on Side Projects in Push to 'Nail' Core Business

A top leader urged staff not to be distracted by "side quests" as the company plans a shift of resources to coding and enterprise businesses.

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Nvidia's CEO Projects $1 Trillion in AI Chip Sales as New Computing Era Begins

"This is the AI future," Jensen Huang said at the company's GTC Conference, speaking about the shift to inference.

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Alibaba Consolidates AI Operations Under New Business Group

The new business unit, called Alibaba Token Hub, will be led by Eddie Wu, Alibaba's chief executive.

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British Airways Extends Suspension of Flights to Middle East

Flights to Amman, Bahrain, Dubai and Tel Aviv have been canceled until May 31, the IAG-owned airline said.

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Tesla to Build $4.3 Billion Battery Plant in U.S. It Can Boost the Slumping Stock.

Elon Musk's EV maker and South Korea's LG Energy Solution will build a manufacturing facility in Michigan.

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Why Defense-Contractor Stocks Aren't Rallying

War should result in higher military spending, but things aren't so simple for the biggest weapons makers.

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Iran War Puts Venture Fund's Public Listing on Hold

Fundrise Innovation Fund is waiting for market volatility to die down before going public.

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Bank of America Agrees to Settle Lawsuit Over Jeffrey Epstein Ties, U.S. Court Says

The lawsuit alleged the bank maintained a relationship with Jeffrey Epstein and failed to report suspicious activities until after the convicted sex offender's death.

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Gucci Owner Kering Brings Jewelry Brands Together in New Unit

The new unit would include Boucheron, Pomellato, DoDo, and Qeelin, as well as the group's industrial capacities, including jewelry manufacturer Raselli Franco Group.

 

(END) Dow Jones Newswires

March 17, 2026 07:00 ET (11:00 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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