CVC Nears $4 Billion Deal to Buy IFF's Food-Ingredients Business
A sale of IFF's largest division would be the company's latest move to boost profitability.
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BYD Unveils Chip for Autonomous-Driving Technology
The Chinese automaker unveiled an autonomous-driving chip, as the company known for its wide range of competitively priced electric vehicles seeks a new growth driver in technology.
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AI Has Made Memory Chips More Valuable Than Oil
Micron, Samsung and SK Hynix are cheap despite their $1 trillion valuations if long-term contracts stabilize the sector.
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Big Banks Are Raking In Profits as Market Turbulence Shows No Signs of Easing
JPMorgan Chase Chief Executive Jamie Dimon says his bank's trading business could outperform expectations this quarter.
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Dell Stock Soars on Data-Center Revenue and Pentagon Deal
Shares in the computer hardware maker are up 150% since President Trump's accounts purchased more than $1 million worth.
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Bezos' Blue Origin Loses Rocket in Explosion on Launchpad
The space company says all personnel are accounted for and safe. The New Glenn rocket was being prepared for a coming mission.
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Samsung Ramps Up Micron Rivalry With Groundbreaking Memory Chip for AI
Micron stock has been on a stellar run but it still faces fierce competition from Samsung and SK Hynix.
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With Caesars Deal, Tilman Fertitta Doubles Down on Vegas Comeback
The owner of the Houston Rockets is betting on the future of the Las Vegas Strip with the deal to buy Caesars Entertainment, while casinos are struggling to attract visitors and compete against online options.
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Bari Weiss Overhauls '60 Minutes' With New Executive Producer
The CBS News program installed journalist Nick Bilton in the role and will part ways with show's current leader, Tanya Simon.
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Costco Sales Rise as Value Offerings Draw Pressured Consumers
Costco Wholesale reported higher third-quarter sales as the retailer continues to draw inflation-weary consumers, including to its fuel pumps.
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Anthropic Rockets to $965 Billion Valuation, Topping OpenAI in AI Showdown
The company's latest $65 billion fundraising round was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital.
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Gap Cuts Full-Year Sales Outlook, Citing Slower Old Navy Growth
The apparel retailer now expects revenue to increase 1% to 2% this year, down from its prior outlook for 2% to 3% growth.
(END) Dow Jones Newswires
May 29, 2026 07:00 ET (11:00 GMT)
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