Dow Jones Top Company Headlines at 5 PM ET: Spirit Airlines Prepares to Shut Down as Rescue Deal Falls Apart | Meta ...
Spirit Airlines Prepares to Shut Down as Rescue Deal Falls Apart
A $500 million government bailout falters as the discount carrier runs low on cash and bondholders balk.
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Meta Platforms Acquires Humanoid Robot Startup Assured Robot Intelligence
The startup's team will join Meta to focus on optimizing its models for robotics applications.
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Exxon Stock Slips. CEO Warns 'Full Impact' of War is Coming.
Shares rise after the oil major beats Wall Street's earnings target.
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Chevron Stock Wavers After Earnings. It's Pumping Out Fuel at a Record.
The decline in earnings has to do with how Chevron accounts for the change in the value of its financial hedges, which are designed to blunt the impact of fast-moving commodity prices.
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Top AI Companies Agree to Pentagon Deals for Classified Work
The contracts give the Defense Department more AI options after it declared Anthropic a supply-chain risk.
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Cboe Is Slashing 20% of Its Staff in Bid to Focus on Core Businesses
The derivatives exchange will also tighten its work-from-home policies and offer voluntary-retirement packages to older employees.
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Elon Musk's Tesla Pay Package Valued at $158 Billion for 2025
Shareholders approved the compensation last year to encourage Musk to spend time at the company.
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Occidental's Vicki Hollub, the First Woman to Lead a Big U.S. Oil Firm, to Retire
Hollub transformed the oil producer through bold acquisitions-and won the admiration of Warren Buffett. She is handing the reins to her chief operating officer, Richard Jackson.
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Ares Management Raises Record $30 Billion in First Quarter Despite Market Fears
The firm dismissed concerns surrounding private-credit fund redemption requests and artificial intelligence disruption.
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Defense Startups Get Boost as Pentagon Looks Beyond Biggest Contractors
A new generation of defense startups is entering the limelight as the Pentagon expands its search for suppliers beyond the traditional "prime contractors."
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Moderna Reports Higher Revenue but Posts a Loss
Moderna reported an increase in revenue during the first quarter, citing higher Covid-19 vaccine sales in international markets.
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Trump Media's Latest Pivot Is a Leadership Shake-Up
Kevin McGurn helped drive the company's unexpected foray into fusion energy. Now, he will have to figure out how to manage a diverse group of businesses as its CEO.
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Estee Lauder Raises Fiscal-Year Outlook as Turnaround Continues to Bear Fruit
Estee Lauder Companies boosted its full-year profit outlook and said it will cut more jobs in its restructuring than it initially expected.
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TPG Looks to Cash In on Market Turbulence
TPG raised more than $10 billion in new capital during the recent quarter, bringing its total dry powder at the end of the period to nearly $73 billion.
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Newell Brands Raises Sales Outlook
Newell Brands reported lower first-quarter sales but raised its full-year sales outlook on expectations that its turnaround strategy will soon drive a return to topline growth.
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AI Investor Coatue Joins Data-Center Frenzy With New Venture to Buy Land
Philippe Laffont's firm has launched Next Frontier, whose facilities will be meant for AI companies including Anthropic.
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Carter's Appoints Build-A-Bear Chief Sharon Price John as New CEO
Carter's has appointed longtime Build-A-Bear Workshop chief Sharon Price John to lead the company as its new chief executive, effective mid-June.
(END) Dow Jones Newswires
May 01, 2026 17:15 ET (21:15 GMT)
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