Dow Jones Top Company Headlines at 7 PM ET: Trump Signs Executive Order to Keep TikTok Alive | Costco ...
Trump Signs Executive Order to Keep TikTok Alive
The order is another step in the effort to keep TikTok running in the U.S., after Congress banned the social media app, under its current Chinese ownership, in 2024.
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Costco Says Giving Members An Extra Hour to Shop Is Paying Off
The wholesale retailer saw a boost in sales for the fourth quarter thanks in part to its newly extended store hours for executive members.
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Concentrix Lowers Profit Outlook Despite Market Share Gains
The company's shares fell in after-hours trading after it lowered its profit outlook for the year, despite improved results and market share gains in its latest quarter.
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Intel Seeks Help From Apple and Others as U.S. Backs Comeback Bid
The semiconductor maker has been winning support from other tech companies following the deal that gave the U.S. government a 10% stake.
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Amazon Reaches $2.5 Billion Settlement Over Allegations It Misled Prime Users
The agreement requires the e-commerce giant to give money back to customers and change its subscription practices.
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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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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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Auto Industry Is Flashing a Warning Sign on U.S. Economy
CarMax, the biggest seller of used cars, said that sales and profit plunged in the latest quarter. Its shares closed down 20%.
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Microsoft Disables Some Cloud Services Used by Israel's Defense Ministry
The software company found the Israeli Defense Ministry violated Microsoft's terms of service by using its Azure cloud services to surveil Gaza citizens.
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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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Nestle Names New Nespresso CEO After Navratil Steps In to Lead Group
Nestle named Alfonso Gonzalez Loeschen as chief executive of Nespresso, turning to a company veteran to lead its coffee business after former head Philipp Navratil was appointed CEO of the group.
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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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Constellation Software President Mark Leonard Steps Down for Health Reasons
News of Leonard's departure weighed on shares of the tech company, which is among the largest in Canada by market value.
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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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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.
(END) Dow Jones Newswires
September 25, 2025 19:15 ET (23:15 GMT)
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