OpenAI to Become Public Benefit Corporation
The maker of ChatGPT said it made the decision to remain under the control of a nonprofit organization.
Greg Abel's Challenge: Lead Berkshire Into a New Era Without the Buffett Touch
Warren Buffett has done what he can to prepare his successor at Berkshire Hathaway. But there is one thing that can't be simply handed off: the Buffett brand.
Skechers to Go Private in $9.4 Billion 3G Deal
Longtime CEO Robert Greenberg stands to collect a $1 billion payout and will stay on after the take-private deal.
Trump's Planned Hollywood Tariff Rattles Studios and Streamers
The president's planned 100% tariff on films produced overseas dented entertainment company stocks.
High Beef Costs Hurt Tyson Foods
The meat company said total sales in its fiscal second quarter were unchanged year over year as higher volumes in its chicken business were balanced out by declines in beef and other segments.
Sunoco to Buy Canada's Parkland in Deal Worth $9.1 Billion
Sunoco moved to expand its reach with a $9.1 billion deal to buy Canada's Parkland, bringing with it a fleet of gas stations and a west-coast refinery.
Santander to Sell Poland Assets to Austria's Erste Group for $7.9 Billion
Banco Santander agreed to sell most of its Polish assets to Austria's Erste Group Bank, continuing a wave of dealmaking among European lenders.
Ackman's Pershing Square to Boost Stake in Howard Hughes Holdings
Howard Hughes Holdings said Bill Ackman's Pershing Square Capital Management will invest $900 million in the company, boosting its stake further and bringing Ackman back into the fold.
UnitedHealth Now Has 1,000 AI Use Cases, Including in Claims
But artificial intelligence on its own will never deny a claim, assures the insurer's chief digital and technology officer
Audi Says Guidance Remains in Place, But Excludes Tariff Impact
The company joins a growing list of automakers who have inserted similar caveats in their financial outlooks as they struggle to get a grip on dynamic U.S. trade policy.
(END) Dow Jones Newswires
May 05, 2025 15:00 ET (19:00 GMT)
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