News Highlights: Top Company News of the Day - Friday at 9 AM ET

Dow Jones
02 May
 
Exxon, Chevron Profits Fell Ahead of Tariff-Driven Oil Slump 
 

The major oil companies' results were hurt by narrow refining margins, lower oil prices and rising costs.

 
Take-Two Stock Sinks on Delay of 'Grand Theft Auto VI' to May 2026. Why It's Taking So Long. 
 

The release of the action-adventure game was originally slated for fall 2025.

 
TikTok Fined $600 Million in Europe Over China Surveillance Risks 
 

Ireland's data privacy watchdog fined the social-video app for failing to guarantee that user data sent to China was protected from government surveillance.

 
DuPont de Nemours Sees Tariffs Costing $60M 
 

DuPont de Nemours said tariffs could bring an additional $60 million in costs this year, and maintained its outlook excluding those expenses.

 
Cigna Group Swings to Profit, Posts Higher Revenue 
 

Cigna Group swung to a profit and logged higher revenue in the first quarter, prompting the company to raise its full-year outlook.

 
What Big Tech Has Going for It in the Trade War 
 

Apple and Amazon's exposure remains a worry, but tariffs haven't yet hobbled the trillion-dollar tech giants.

 
Shell Launches $3.5 Billion Buyback After Earnings Beat Expectations 
 

The results were the company's first since its March capital markets day, when it said it would grow top-line production and increase shareholder returns over the next five years.

 
Goldman Sachs Removes Mentions of 'Black' From Flagship Diversity Pledge 
 

"Black in Business," one program in the effort, is now about staying "in the black," in reference to profits-not race

 
Justice Department Sues Big Medicare Insurers Alleging Kickbacks 
 

The complaint alleged that CVS Health-unit Aetna, Elevance Health and Humana paid the kickbacks to brokers in exchange for enrollments into the insurers' Medicare Advantage plans.

 
Apple Says Most of Its Devices Shipped Into U.S. Will Be From India, Vietnam 
 

The iPhone maker sought to ease investors' tariff fears after reporting a 5% increase in the company's quarterly sales.

 
 

(END) Dow Jones Newswires

May 02, 2025 09:00 ET (13:00 GMT)

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