Dell Raises Fiscal Year Outlook After Sales Soar 88%
The technology company said its full-year revenue is now expected to reach $165 billion to $169 billion, up from a prior range of $138 billion to $142 billion.
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Costco Sales Rise as Value Offerings Draw Pressured Consumers
Costco Wholesale reported higher third-quarter sales as the retailer continues to draw inflation-weary consumers, including to its fuel pumps.
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Clorox CEO to Step Down for Health Reasons
The company said it would begin a comprehensive CEO search process to succeed Linda Rendle.
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Anthropic Rockets to $965 Billion Valuation, Topping OpenAI in AI Showdown
The company's latest $65 billion fundraising round was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital.
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The $71.5 Billion Merger of Two Giant Railroads Just Hit a Snag
The federal Surface Transportation Board is seeking more information on the impact of combining Union Pacific and Norfolk Southern.
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Disney's ABC Calls FCC's License Review a Threat to Speech. What to Know About the Feud.
The broadcaster complied with the agency's order to file for early license renewals for its eight local broadcast stations but pushed back on its demands, calling them unconstitutional.
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Gap Cuts Full-Year Sales Outlook, Citing Slower Old Navy Growth
The apparel retailer now expects revenue to increase 1% to 2% this year, down from its prior outlook for 2% to 3% growth.
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American Eagle Flags Falling Sales in Core Women's Category
American Eagle Outfitters said its core brand isn't performing as well as management would like, after the segment's sales fell in the first 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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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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Trump Regulator Moves to Drop Case That Drew Ire of Winklevoss Twins
A $5 million settlement at the end of the Biden administration became the focus of a lobbying campaign by the billionaire brothers.
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Tyson Foods Turns to Board Member for Next CEO
Jeff Schomburger will succeed Donnie King, who helped turn around the meatpacking giant's chicken business.
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Inside Exxon's Dilemma Over Returning to Venezuela
The U.S. oil giant is in talks to resume pumping oil in the Latin American country after a 19-year exile, but plenty of hurdles remain.
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Bari Weiss Overhauls '60 Minutes' With New Executive Producer
The CBS News program installed journalist Nick Bilton in the role and will part ways with current show leader Tanya Simon.
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This Trump-Linked Drone Maker May Get a Pentagon Deal. The Stock Soars 57%.
Unusual Machines is one of the companies the Pentagon has identified for potential funding, The Wall Street Journal reports.
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Kohl's Turnaround Is Taking Hold, Driving Improved Results
Kohl's narrowed its loss during the first quarter on better same-store sales.
(END) Dow Jones Newswires
May 28, 2026 19:00 ET (23:00 GMT)
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