Judge Considers Curbs for Google in AI Arms Race
Lawyers began making closing arguments Friday in a landmark antitrust case over the online search market and future of AI.
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HSBC Retreats From Banking Smaller U.S. Businesses
HSBC is disbanding a division that serves small and medium-size companies in the U.S., part of a push to focus on markets where it has an edge.
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Nippon Steel to Invest $6 Billion to Cut Carbon Emissions
The Japanese steelmaker said the investment in electric arc furnaces will increase production capacity while significantly reducing emissions.
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EOG Resources to Buy Encino Acquisition Partners for $5.6 Billion
EOG Resources has agreed to buy Encino Acquisition Partners for $5.6 billion, extending its acreage in Ohio's Utica Shale.
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Shoe Carnival Backs Guidance, Plans Focus on Premium Brands
Shoe Carnival said it would boost its investment in its Shoe Station banner in an effort to focus more on premium brand shoes, and the company also maintained its outlook for the year.
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EssilorLuxottica to Buy Optegra in Medical AI Push
The eyewear group said the deal further expands its reach beyond Ray-Bans, frames and lenses into AI-powered technologies and science-backed eyecare solutions.
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Out of DOGE, Elon Musk Returns to His Bruised Business Empire
Elon Musk is ready to get obsessed with his companies again. There's a lot for him to contend with at Tesla, SpaceX and xAI.
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Deere's Plans for Offsetting $500 Million in Tariff Costs
The farm equipment maker looks into tweaking its supply chain and raising prices as it navigates new levies.
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Costco to Rely on Advancing Orders, Production Shifts to Offset Tariffs
The warehouse-club chain is taking steps to reduce its exposure to tariffs by pulling orders forward and moving sourcing of private-label products to the regions where they are sold.
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SEC Dismisses Lawsuit Against Binance
The regulatory agency has been winding down Biden-era enforcement actions against crypto firms during the Trump administration.
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Dell Technologies Raises Outlook as Sales Rise on AI Demand
The maker of computers and software on Thursday said it now expects adjusted earnings per share of $9.40, up from its previous outlook for $9.30.
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Microchip Technology Narrows Outlook on Higher Bookings
Microchip is performing better than management expected when it hosted its investor call on May 8, with higher-than-expected bookings, Chief Executive Steve Sanghi said.
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Gap sees sales stalling, and puts a number on the extra cost of tariffs. Stock tumbles.
Gap Inc.'s stock drops after the retailer called for flat current-quarter sales.
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Ben & Jerry's Calls Gaza Conflict a Genocide, Putting Unilever In A Tough Spot
Ben & Jerry's independent board plans to post a statement expressing solidarity with protesters against deaths of Palestinians in Gaza.
(END) Dow Jones Newswires
May 30, 2025 13:00 ET (17:00 GMT)
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