Dow Jones Top Company Headlines at 11 AM ET: Trump Administration Agrees to Use AI Models From Musk's xAI | OpenAI ...
Trump Administration Agrees to Use AI Models From Musk's xAI
The partnership could be a sign that Elon Musk's relationship with the White House is thawing.
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OpenAI and Databricks Strike $100 Million Deal to Sell AI Agents
The AI company and data firm team up to make it easier for businesses to build artificial intelligence agents with OpenAI's flagship AI model.
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Starbucks to Cut Hundreds More Corporate Jobs, Close Stores
The coffee chain is laying off about 900 employees in a turnaround bid that has involved streamlining corporate functions.
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CarMax Profit Sinks on Weaker Used Car Sales
The used car retailer's sales fell sharply in the second quarter, coming down to Earth following a first-quarter spike that was fueled by tariff uncertainty.
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SAP Faces EU Antitrust Probe Over Business-Management Software
The EU said the company might have stifled competition for maintenance and support services of its business-management software.
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Goldman Sachs Investment Vehicle Set to Delist in London
Shares of Petershill, which owns stakes in private-equity firms and hedge funds, had fallen since its IPO.
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Ticketmaster Offers to Change Sales Advertising After Oasis Concert Probe
Live Nation's Ticketmaster offered to make it easier for customers to see how much they might have to spend on tickets before they have to complete their purchase.
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Bosch Plans to Cut 13,000 Jobs Amid AI Push
The company is looking to reduce its workforce, particularly in its German car-parts manufacturing arm, as it leans into artificial intelligence to maximize productivity.
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CoreWeave Expands OpenAI Agreement by $6.5 Billion
CoreWeave said it is expanding its previous agreement with OpenAI to power AI model training by up to $6.5 billion, bringing the total value of the contract to $22.4 billion.
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Accenture Posts Higher Sales, Shrugging Off DOGE Concerns
Accenture posted higher fourth-quarter sales as it shrugged off concerns about the impact federal government cuts could have on its revenue.
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Merck KGaA Names Kai Beckmann as Incoming Chair, CEO
Germany's Merck named Kai Beckmann as its incoming CEO and chair of the board, and said he would replace Belen Garijo from May.
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Delta Replaces Engine Units in Effort to Address Toxic-Fume Surge on Planes
Such incidents have led to brain injuries for crew and passengers, The Wall Street Journal reported earlier this month.
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H&M Earnings Beat Market Expectations as Turnaround Continues
The retailer's chief executive said earnings strengthened thanks to stronger customer offering, improved gross margin and good cost control.
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China's BYD Logged Sales Surge in Europe
BYD's sales in Europe tripled in August, a sign that customers are embracing its lineup of electric and hybrid vehicles as the Chinese auto giant continues to expand in the continent.
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Freeport Stock Divides Market After Copper Mine Tragedy. It's Upgraded and Downgraded.
After a tragic accident, Freeport's copper production from its Grasberg mine in Indonesia will be impacted into 2026, estimates Citi analyst Alexander Hacking.
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Apple Asks EU to Repeal Bloc's Landmark Digital Markets Act
The iPhone maker said the regulation is making it harder to bring new products to Europe.
(END) Dow Jones Newswires
September 25, 2025 11:15 ET (15:15 GMT)
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