Dow Jones Top Company Headlines at 11 PM ET: Berkshire Picks Gen Re Chairman as Insurance Star Ajit Jain's Successor | Why ...
Berkshire Picks Gen Re Chairman as Insurance Star Ajit Jain's Successor
Charlie Shamieh, an insurance-industry veteran, is slated to succeed Jain whenever he is ready to retire.
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Why the Collapse of Spirit Airlines Means Higher Fares for Everyone
The defunct budget airline had long been a competitive force on lower-cost tickets.
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Ahead of Race to IPO, OpenAI Discussed Spinning Out Robotics, Hardware Divisions
The company is considering an Alphabet-like structure for its portfolio of products, though no discussions are currently active.
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Morgan Stanley's Investment Banking Program in Budapest Hit by U.S. Probe
Finra has launched an inquiry asking about unlicensed junior investment bankers in Hungary working on deals for clients in the U.S. and Europe.
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Paramount's Revenue Rises on Streaming, Studios Growth
The entertainment company reaffirmed it plans to close the deal for Warner Discovery by the end of the third quarter.
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The Secret Team Blowing Up Ford's Assembly Line to Make a $30,000 Electric Truck
The automaker brought together Silicon Valley techies and industry misfits in a quest to beat China at EVs.
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Palantir Beats Forecasts With $1.63 Billion Quarter as Sales Accelerate
On a call with analysts, the data company seeks to play down concerns about AI competition that have weighed on the stock.
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SEC to Settle Lawsuit Against Elon Musk Over Twitter Share Purchases
The case had alleged that Musk failed to timely disclose his buildup of ownership in the social-media platform he later renamed X.
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ON Semiconductor Narrows First-Quarter Loss on AI Data-Center Demand
The company reported a loss of $33.4 million and posted higher revenue, boosted by chip demands from artificial-intelligence data-center builders.
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Pinterest Posts Higher First-Quarter Sales, Monthly Users
The company's shares surged in after-hours trading after it posted an 18% increase in first-quarter revenue and issued second-quarter guidance that topped Wall Street estimates.
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Regis Resources to Acquire Vault Minerals to Create $7.67-Billion Gold Miner
The combined entity will have a pro forma market capitalization of about $7.67 billion, and annual gold production estimated at more than 700,000 troy ounces.
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Anthropic and FIS Are Building an AI Agent to Help Banks Police Financial Crimes
The AI giant struck a partnership with financial software provider FIS to develop new tools for banks.
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Elon Musk Megatrial Kicks Off Second Week With Scrutiny of OpenAI Exec's Finances
Musk reached out before trial to ask about a settlement and predicted OpenAI leaders would be the "most hated men in America" by week's end.
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California Wants to Throw the Book at State Farm Over Wildfire Claims
State seeks millions in fines, says insurer 'buried policyholders in red tape at the worst moment of their lives'.
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AnheuserâBusch Earnings Are Coming. Low-Calorie Beer Is the New Growth Engine.
The owner of Budweiser, Corona Extra, and Stella Artois is set to report first-quarter results on Tuesday before the market opens.
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The CEO of Saks Global Says the Company Is Ready for a Comeback
Geoffroy van Raemdonck has a plan to return the luxury retailer to profitability and start growing again.
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IAC Revenue Slides as People's Print Business Weighs on Results
Revenue from People, which makes up the bulk of the company's top line, fell 2% to $385.7 million in the first quarter.
(END) Dow Jones Newswires
May 04, 2026 23:15 ET (03:15 GMT)
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