Microsoft, OpenAI Truce Clears Hurdle in Path to For-Profit Conversion
The new agreement is set to remove one of several barriers for the startup, which is seeking to restructure and become a for-profit company.
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Adobe Boosts Fiscal-Year View as AI Spending Starts to Pay Off
The San Jose, Calif., software company raised its fiscal-year outlook for the second time this year, but investors remain uncertain that it can grow into the artificial-intelligence powerhouse it wants to be.
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BuzzFeed Relaunches Flagship YouTube Channel
The relaunch comes as BuzzFeed pursues a broad overhaul of its business as it contends with an increasingly saturated digital-media industry.
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US Magnesium, Backed by Billionaire Ira Rennert, Files for Bankruptcy
The Utah-based company buckled under long-running environmental and royalty disputes with federal and state regulators.
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RH Trims Outlook Amid Continued Tariff Uncertainty
The furniture retailer said it now expects revenue growth of 9% to 11% for the full year, down from its prior guidance of 10% to 13%.
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Berkshire-Owned Talc Supplier Wins Appellate Ruling to Remain in Chapter 11
An appeals court kept defunct talc supplier Whittaker Clark & Daniels under chapter 11, ruling against a receiver from South Carolina who argued the bankruptcy case was improperly filed.
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Paramount Skydance Prepares Ellison-Backed Bid for Warner Bros. Discovery
The bid will be for the entire company, including its cable networks and movie studio, according to people familiar with the situation.
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AbbVie in Settlement With Generic Drugmakers on Rinvoq
The biopharmaceutical company doesn't expect U.S. generic entry for the drug before 2037 now that it has settled litigation.
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FTC Probes Big Tech About Child Safety Concerns with AI Chatbots
The agency said that it has issued inquiries to Alphabet, Meta Platforms and others, asking what steps those firms are taking to evaluate the safety of chatbots, limit their use by children and keep parents up to speed on risks.
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Lawmakers Bash Private Equity's Role in Firetruck Shortage
A bipartisan group of senators accused Rev Group, a manufacturer formed by American Industrial Partners, and others of driving up prices for fire equipment.
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Senators Call for Hearings About JPMorgan's Ties to Jeffrey Epstein
Democrats want CEO Jamie Dimon and other executives to testify about keeping Epstein as a bank client until 2013.
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Trump's Crackdown on Drug Ads Could Sting TV Networks
Pharmaceutical industry spending on TV ads topped $6 billion last year.
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Kroger Aims to Keep Prices Low as Stressed Shoppers Seek Deals
The company is absorbing higher costs to avoid raising prices as its customers continue to feel stressed about the economy.
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Hyundai Raid Will Delay Georgia Battery Plant Construction by Months
The South Korean auto giant makes most of its money from gas-powered vehicles unaffected by the raid of an unfinished EV-battery plant in Georgia.
(END) Dow Jones Newswires
September 11, 2025 21:00 ET (01:00 GMT)
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