Delays to Trump’s U.A.E. Chips Deal Frustrate Nvidia’s Jensen Huang
The multibillion-dollar deal was announced in May, but Commerce Secretary Howard Lutnick has since pushed the U.A.E. for certain U.S. investments first.
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Asahi Cyberattack Stokes Fear Japan Could Run Dry of Its Favorite Beer
Four days after Asahi Group was targeted by a cyberattack, output at many of the brewer’s plants in Japan remains offline.
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Warren Buffett’s Berkshire Comes to the Aid of Occidental Petroleum-Again
Berkshire’s $9.7 billion buy of Occidental’s petrochemicals business will allow the company to reduce debt and focus on fossil fuels.
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Tesla Sets New Sales Record as EV Subsidy Ends
The electric-vehicle maker sold more cars as U.S. consumers raced to use an expiring $7,500 tax credit.
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Google to Build Data Center in Arkansas
Google said it will build a $4 billion data center in Arkansas, creating hundreds of operations jobs and thousands of construction jobs in the region.
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Applied Materials Expects $710 Million Revenue Hit From New Export Rule
The company said new export restrictions published by the Bureau of Industry and Security would restrict its ability to export certain products to China-based customers without a license.
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Walmart Wants More Developers, and More AI Agents to Automate Their Work
Executives at the retail juggernaut say they still want to hire software engineers as the company revamps its workforce for the AI era.
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Cracker Barrel Drops Firm Behind Ill-Fated Logo Change
The chain had hired marketing firm Prophet to refresh its image and restaurants as part of a plan to update its brand.
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FICO Shakes Up Credit-Score Market
FICO is upending the credit-scoring industry by giving mortgage lenders a way to offer its FICO credit score without dealing with Experian, Equifax or TransUnion.
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Healthcare Investors Vijay Pande, Zack Werner Team Up to Form VZVC
The new venture firm plans to invest in technology-enabled healthcare startups.
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OpenAI Valuation Hits $500 Billion While Altman Signs More Deals in Asia
The share sale marks a rapid jump in valuation from earlier this year and speaks to the frenzy around artificial intelligence.
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Rivian Automotive Narrows 2025 Delivery Guidance as Third-Quarter Production Slips
Rivian Automotive narrowed its delivery target for the year and reported lower production in the third quarter than a year ago.
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Delta Jets Collide While Taxiing at LaGuardia Airport
Delta said no passengers were injured in the incident between two regional jets operated by subsidiary Endeavor Air traveling at low speed, though a flight attendant was hurt.
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Tesco Boosts Earnings Outlook Despite Grocery Sector Competition
The grocer raised profit expectations after an increase in sales, as it seeks to fend off competitors amid a price war in the sector.
(END) Dow Jones Newswires
October 03, 2025 03:15 ET (07:15 GMT)
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