Dow Jones Top Company Headlines at 9 PM ET: SpaceX Secures Option to Buy AI Startup Cursor for $60 Billion | OpenAI ...
SpaceX Secures Option to Buy AI Startup Cursor for $60 Billion
The rocket company said close work in a coding partnership could lead to a combination.
OpenAI Under Criminal Probe in Florida Over Mass Shooter's ChatGPT Use
The investigation seeks to determine responsibility for an attack that killed two people. The chatbot advised the suspect on the weapon and timing, Florida's attorney general says.
T-Mobile and Germany's Deutsche Telekom Weigh Combination
The big German carrier is already T-Mobile's largest shareholder.
BHP Expects Annual Copper Output in Upper Half of Guidance
BHP Group expects annual copper production to be in the upper half of its guidance range, and output costs at the giant Escondida mine in Chile likely lower than previously anticipated.
United Airlines to Reduce Capacity as Fuel Costs Soar
The carrier said it has made schedule adjustments for the rest of the year to account for volatile prices.
Capital One Financial First-Quarter Revenue Rises
The McLean, Va., bank logged higher revenue in its latest quarter as provision for credit losses declined.
Amazon.com Launches Program for GLP-1 Weight-Loss Drugs With One Medical
Amazon One Medical members can get Novo Nordisk's Wegovy and Eli Lilly's Foundayo GLP-1 pills in a program that integrates primary-care services with the technology company's pharmacy business.
New York Sues Coinbase, Gemini Over Crypto Exchanges' Prediction Markets
Federal and state regulators have been sparring over who has oversight of the platforms, which have surged in popularity
Casey Wasserman's Talent Agency Draws Takeover Interest
A handful of private-equity firms and United Talent Agency are among the early bidders for the power broker's firm.
Deutsche Lufthansa to Cancel 20,000 Short-Haul Flights to Save Jet Fuel
The German group said that the flights canceled are operated by several of its airlines, mostly its regional carrier CityLine, and will equal a 1% reduction in its passenger capacity.
Luxury-Jacket Brand Moncler Starts Year Strongly as Asian Demand Makes Up for Hit to European Tourism
The Italian group made revenue of $1.04 billion in the first quarter, bucking a trend for weak sales in luxury fashion.
Chip-Equipment Supplier ASM International Logs Higher Sales on Booming AI Demand
The Dutch group posted strong sales for the first quarter as chip makers continue to invest in tools to make increasingly sophisticated semiconductors in a bid to satisfy booming demand for artificial intelligence.
Spirit Airlines in Talks With Trump Administration on Government Investment
Florida-based Spirit has been working to sell some planes and refocus operations on core cities.
The president said that combining major industry players could make companies lazy. Washington lawmakers have criticized the idea.
RTX Boosts Guidance on Defense Business Strength
The defense contractor logged higher first-quarter profit and sales, with growth in each of its segments.
UnitedHealth Shows Signs of Turnaround With Strong Quarterly Results
The healthcare company detailed corporate changes and upgraded its full-year outlook.