Dow Jones Top Company Headlines at 5 AM ET: Rio Tinto's New CEO Targets Cost Cuts, Asset Sales in Streamlining Push | Japan ...
Rio Tinto's New CEO Targets Cost Cuts, Asset Sales in Streamlining Push
Simon Trott also intends to scale back capital expenditures to less than $10 billion a year from 2028, and the company will cut roles.
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Japan Exchange Group CEO Urges Nidec to Improve Controls Amid Accounting Probe
Japan's exchange chief is urging Nidec to move quickly to improve internal controls in the wake of accounting and reporting troubles that have put the company at risk of being delisted.
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Watches of Switzerland Posts Higher Earnings Helped by U.S. Growth
The company backed its outlook for fiscal 2026 as the U.S. accounts for almost 60% of the luxury-watch retailer's profitability.
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Sam Altman Has Explored Deal to Build Competitor to Elon Musk's SpaceX
The OpenAI chief executive has looked to put together funds to either acquire or partner with a rocket company.
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Salesforce Raises Forecast as Agentforce Sales Top $500 Million
The customer-relationship management platform lifted its full-year revenue outlook to $41.45 billion to $41.55 billion and posted a third-quarter profit of $2.09 billion.
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Country Garden Secures Shareholder Approval for $13 Billion Bond Sale
The struggling Chinese property developer's shareholders also approved a plan to issue warrants to help reduce offshore debt.
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Snowflake Strikes $200 Million AI Deal With Anthropic, Posts Narrower Third-Quarter Loss
The deal will make Anthropic's large models available on Snowflake's platform and establish a joint go-to-market initiative that aims to deploy AI agents across the world's largest enterprises.
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Tricolor Creditors Seek Probe Into JPMorgan, Fifth Third
A group of bondholders wants to know whether the subprime auto lender's bank lenders had advantaged information about the now bankrupt company.
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Trump Administration Lowers Fuel-Economy Rules for Carmakers
Congress had already eliminated fines for automakers that violated the rules.
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A delayed clinical trial actually boosted Bristol Myers Squibb's stock. Here's why.
Bristol Myers' stock rallied Wednesday as investors maintained high hopes for Cobenfy as an Alzheimer's treatment, even though the outcome of a late-stage trial has been delayed.
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Amazon Delivery Company Owners Organize to Seek Higher Pay
The anonymous founders of the new group say Amazon's policies have made it harder to earn profits from package delivery.
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Micron to Wind Down Crucial Brand to Focus on AI, Data-Center Market
Micron Technology is shutting down its Crucial consumer business, a move that would allow the company to redirect resources toward large artificial-intelligence and data-center customers demanding more of its memory and storage products.
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Boeing Ordered by FTC to Divest Spirit Assets Ahead of Merger
The regulator is asking Boeing to sell Spirit businesses that supply products to Airbus, as well as Spirit's Malaysian aerostructures business Subang.
(END) Dow Jones Newswires
December 04, 2025 05:15 ET (10:15 GMT)
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