Tilman Fertitta Agrees to Buy Caesars for $5.7 Billion
Fertitta Entertainment will pay Caesars shareholders $31 a share and assume about $11.9 billion of the casino company's outstanding debt.
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Tyson Foods Names Jeff Schomburger President, CEO
Tyson Foods has tapped board member and former Procter & Gamble sales head Jeff Schomburger to succeed Donnie King as president and CEO of the meat processor.
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TD Bank Lifts Dividend After Strong Quarter for Operations
Toronto-Dominion Bank is lifting its dividend payout, joining other big Canadian banks in returning cash to investors following a strong underlying performance in the latest quarter.
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Best Buy Reports Higher Profit on Rising Sales
Best Buy reported a higher profit and rising sales in the first quarter, boosted by strong gaming, computer and cellphone demand.
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IBM, Red Hat Pledge $5 Billion for AI-Driven Open Source Security Initiative
Under the new project, dubbed Project Lightwell, the companies said they will deploy a global force of 20,000 engineers, supported by advanced AI, to establish a trusted enterprise clearinghouse.
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CIBC to Sell Caribbean Arm for $1.6 Billion
Canadian Imperial Bank of Commerce is selling its Caribbean banking arm for roughly $1.6 billion as it looks to shift capital toward growth efforts in North America.
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Kohl's Narrows Losses as Turnaround Takes Hold
Kohl's narrowed its loss during the first quarter on better same-store sales.
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Hormel Foods Sales Rise as Turnaround Strategy Progresses
Hormel Foods posted higher fiscal second-quarter sales and said it achieved its sixth straight quarter of organic top-line growth as it reported progress in its turnaround strategy.
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Dollar Tree Posts Higher Profit, Revenue
Dollar Tree logged higher profit and revenue in its fiscal first quarter, as consumers continued to rely on the company for low-cost goods.
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Burlington Lifts Outlook as Quarterly Sales Jump
Burlington Stores raised its outlook for the year after logging higher profit and sales in its fiscal first quarter, as concerns about inflation and the economy continued driving consumers to seek value.
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Temu Fined More Than $230 Million in EU Over Product Risks
Consumers in the bloc were very likely to come across illegal items on the Chinese e-commerce group's platform, officials said.
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Stellantis's Commercial-Vehicle Unit to Launch 11 New Models by 2030
The unit will unveil both renewed models and new vehicles as part of a strategic plan to strengthen its position in the sector.
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XPeng Posts Loss as Revenue Slumps Despite Stronger Margins
Chinese electric-vehicle maker XPeng had a weak start to 2026, slipping back to a loss in the first quarter after becoming profitable at the end of last year.
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Ousted BP Chair Hits Back at 'Lies' About His Conduct
Albert Manifold was abruptly fired by the oil major this week amid concerns about bullying behavior.
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J&J Mastered Cancer Biotech Deals on the Cheap. Can It Stay on the Cutting Edge?
Partnership strategy has produced great pharma bargains-and left the company exposed.
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Unusual Machines Inc. Shares Surge Premarket on Trump Government Funding Expectations
Shares in the drone-parts maker surged premarket after The Wall Street Journal reported the Trump administration was considering funding a group of U.S. drone companies.
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Li Auto Suffers Loss as Hybrid Sales Slow, Margins Shrink
The Chinese carmaker has been struggling with slowing demand for the plug-in hybrid vehicles it specializes in.
(END) Dow Jones Newswires
May 28, 2026 09:00 ET (13:00 GMT)
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