Automakers Race to Find Workaround to China's Stranglehold on Rare-Earth Magnets
Major manufacturers, fearful they will have to shut down assembly lines, are considering moving some production of parts to China.
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Warner Discovery Shareholders Vote Against CEO David Zaslav's Pay
A majority of shareholders nixed Zaslav's $51.9 million compensation package for 2024 in a symbolic "say-on-pay" ballot.
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Wells Fargo Is Allowed to Grow Again After 7 Years Under Asset-Cap Penalty
The fourth-largest U.S. bank can gather deposits, increase loans and expand its Wall Street businesses.
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HPE Says Business Environment Has Settled
Chief Financial Officer Marie Myers said that while macroeconomic uncertainty and trade concerns had weighed on demand, sentiment has since improved.
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Nvidia reclaims a milestone as AI-chip demand shows no signs of slowing
The tech giant finished as the largest U.S. company by market cap for the first time in months on Tuesday.
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Cyberattacks Hit Victoria's Secret, North Face and Cartier
Hackers stole customer names and emails at North Face and Cartier, disrupted sales on Victoria's Secret website.
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Musk Says SpaceX Revenue Will Near $16 Billion in 2025
A busy rocket-launch business and growth in the Starlink satellite division are driving gains for the privately held company.
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Ford Stock Rises After Strong May Sales. The Pain Is Coming.
Tuesday morning, Ford reported U.S. vehicle sales jumped 16.3% from a year ago. But tariff-induced price increases are coming.
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CrowdStrike Swings to Loss as Expenses From Last Summer's Outage Persist
The cybersecurity company said its revenue is still being hurt by an incentive program it launched last year to try to retain customers after a widespread software outage in July.
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Benadryl, Band-Aid parent says tariffs and late allergy season are hurting its business
Kenvue CEO Thibaut Mongon says consumers are under pressure and worried about the economy
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Citi Drops Gun Policy After Trump Accuses Banks of Discriminating
The president has fueled allegations that banks discriminate on political grounds.
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Broadcom Stock Hits Record High. Citi Expects Strong Earnings.
The AI chip maker is just off its all-time high ahead of its first-quarter earnings Thursday.
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Signet Jewelers Jumps on Earnings Beat and Higher Guidance
The company's outlook for full-year earnings per share is better than analysts were expecting.
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Dollar General Shares Zip Higher After Retailer Raises Outlook
The discount retailer raised its outlook after assessing the impact of tariffs on its business and consumer behavior, and posted better-than-expected first-quarter results.
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Meta Signs Nuclear Power Deal to Fuel Its AI Ambitions
The tech giant will buy the power generation of an Illinois nuclear plant under a deal with Constellation Energy.
(END) Dow Jones Newswires
June 03, 2025 23:00 ET (03:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.