Dow Jones Top Company Headlines at 1 PM ET: GameStop Sees Higher Profit as eBay Investment Offsets Lower Sales | SLB ...
GameStop Sees Higher Profit as eBay Investment Offsets Lower Sales
The videogame retailer said it expects second-quarter profit to climb, boosted by investment gains from its stake in eBay, but said sales likely fell from a year earlier.
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SLB to Buy Data Center Cooling Firm Kelvion for $4.1 Billion
The oil drilling and production company agreed to acquire thermal management company Kelvion for $4.1 billion in a bid to strengthen its growing data center business.
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Aon Strikes Roughly $17 Billion Deal for Insurance Brokerage USI
Private-equity giant KKR has owned USI Insurance since 2017.
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Eli Lilly to Buy Merida Biosciences for Up to $2.875 Billion
Eli Lilly has agreed to pay up to $2.875 billion in cash for biotechnology company Merida Biosciences in a deal that bolsters the drugmaker's immunology portfolio.
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PG&E Stock Plummets. It May Not Be Shielded From Wildfire Liabilities.
PG&E stock falls sharply after the California State Assembly amends key wildfire legislation that leaves out liability protection for utilities.
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Ernst & Young Is Giving $100 Million in Bonuses to Staff for 'Human' Skills
The firm is one of a number of companies trying to foster the critical thinking, judgment and other traits needed to better work alongside AI.
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Huawei Profit Slumps by a Third on R&D Expenses, Raw-Material Costs
The Chinese technology behemoth reported a drop in first-half net profit despite higher revenue.
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Ex-Congressman George Santos Receives Kalshi's First-Ever Lifetime Ban
The decision comes after a federal regulator alleged he made more than $17,000 by placing bets on his attendance at the State of the Union address.
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EU to Hold ChatGPT, Reddit, Roblox to Higher Standard of Scrutiny
The platforms will now have to comply with additional obligations such as taking steps to ensure their systems can't be misused to spread illegal content, influence elections or harm users.
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Nissan, Honda Team Up on Systems, Software
Nissan Motor and Honda Motor have agreed to jointly develop key systems and software that form the core of next-generation vehicles, after a planned merger fell through last year.
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Corporate America's Profits Are Booming-and Signal More Good Times Ahead
Tariff refunds and the ever-resilient U.S. consumer are fueling the heftiest rise in big-company profits in years
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China's Biggest Airlines Post Over $1 Billion Loss in First Half as Fuel Shock Bites
China's three largest state-owned airlines posted deeper losses, dragged by weak domestic pricing and high fuel costs spurred by the Middle East conflict.
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The $5.5 Billion Perk SoftBank's Data-Center Venture Offered to Land OpenAI
SB Energy's agreement deepens its financial ties with the artificial-intelligence company in an effort to build out projects.
(END) Dow Jones Newswires
August 31, 2026 13:15 ET (17:15 GMT)
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