Dow Jones Top Company Headlines at 9 PM ET: SpaceX Makes Big Play to Become a Wireless Carrier | Nvidia-Backed ...

SpaceX Makes Big Play to Become a Wireless Carrier

Elon Musk's space company is buying spectrum licenses to help build a mobile network to compete with telecom giants.

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Nvidia-Backed Firmus Scraps Australian IPO, Citing Market Conditions

The cloud-computing company scrapped plans for what would have been Australia's largest initial public offering in almost 30 years.

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American Airlines Is the Worst for Bumping Passengers. Now It Says It Will Stop.

The carrier, which was responsible for 60% of fliers who were involuntarily removed from flights, said test programs worked to curb the practice.

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Aritzia Raises Sales Outlook as U.S. Growth Accelerates

The women's fashion retailer raised its full-year revenue outlook after U.S. sales surged 60% in its fiscal second quarter to C$779.4 million.

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Trump Throws His Weight Behind Credit-Card Legislation Most Feared by Banks

The bill could upend the system that moves billions of dollars in fees that merchants hate and banks use to power rewards.

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Taylor Farms to Curb Lettuce Sales From Mexico After Massive Cyclospora Outbreak

After thousands of foodborne illnesses this year, the produce giant will suspend some harvesting and processing during peak summer months.

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Vance Says U.S. Will Suspend Microsoft and Other Firms From Green Card Program

The move comes as the Trump administration targets alleged abuses of immigration systems.

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Michigan Files Antitrust Suit Against Blue Cross Blue Shield Over Rising Costs

The state attorney general alleges the insurer used its dominant position to drive up health costs for patients.

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Microsoft Forms New Xbox Unit Focused on Film, TV in Turnaround Effort

The new division, dubbed XP, aims to help Xbox's roster of video games grow their fan bases, and connect with them more deeply, Microsoft said.

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Amazon Introduces New Lineup of Pricier Tablets

The three new Alexa-branded tablets are priced below what Apple and Samsung charge for similar tablets, but they are higher than Amazon's existing, budget-friendly lineup of Fire tablets.

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Devon Energy Sells Eagle Ford Assets to Crescent Energy for $4.2 Billion

President and CEO Clay Gaspar said the deal is the outcome of an ongoing portfolio review and sharpens the company's focus on its highest-return and longest-duration assets.

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Anglo American Warns of Brazilian Closure if EU Vetoes MMG Nickel Deal

The EU opened an investigation into the deal over concerns that MMG-majority owned by state-owned China Minmetals-could divert ferronickel supplies away from European markets.

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PepsiCo Trims Outlook as North American Unit Underperforms

PepsiCo cut its full-year earnings outlook as it faces inflation, higher advertising costs and continued weakness in its North American business, even as the company works to reduce expenses and revive sales.

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Beyond Hopes New Meat-Free Brands Will Power a Turnaround

The plant-based food company, which has dropped the word "Meat" from its branding, recently moved into faster-growing categories such as protein bars, supplements and beverages.

(END) Dow Jones Newswires

October 08, 2026 21:15 ET (01:15 GMT)