Dow Jones Top Company Headlines at 3 AM ET: Nike Sales Rise but Warns of Continued Weakness in China | The …

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Nike Sales Rise but Warns of Continued Weakness in China

Nike posted a surprise sales increase in its latest quarter on strength in North America, but cautioned that weakness in China may stymie some turnaround progress going forward.

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The Company Founders Who Think They Need Not One but Two Successors

After Netflix and Oracle, Spotify becomes the latest entrepreneur-run company to hand the reins to co-CEOs.

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Berkshire Hathaway Near $10 Billion Deal for Occidental’s Petrochemical Unit

Warren Buffett’s sprawling conglomerate could unveil its largest deal in years in the coming days.

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Big Oil Is Getting Leaner and Leaner

Exxon is the latest large oil company to announce job cuts as the industry continues to adapt to lower oil prices.

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How the Warehouse Store Won Retail-and How Sam’s Club Is Winning the Warehouse

Walmart is leveraging its scale and technology to make Sam’s Club even more appealing to its loyal shoppers. Why all three warehouse-club chains stand to win.

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OpenAI Launches Video Generator App to Rival TikTok and YouTube

The company’s new social media app allows users to create short videos with audio from text prompts and insert themselves in AI-generated scenes.

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White House Unveils ‘TrumpRx’ Drug-Buying Site and a Pfizer Pricing Deal

The company says it gains a three-year grace period to exempt it from national-security-related tariffs.

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Morgan Stanley’s Stress Capital Buffer Revised Lower

The Federal Reserve is reducing Morgan Stanley’s stress capital buffer to 4.3% after the bank asked it to reconsider its rating.

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Does Meta want to compete with Nvidia? Here’s a sign of its growing ambition in chips.

The tech giant is acquiring a startup to boost its in-house chip development as it spends billions on AI infrastructure.

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U.S. to Take Equity Stake in Lithium Americas and Its Nevada Mining Project

The Thacker Pass project would mine one of the largest known lithium deposits in the U.S.

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Inside EY’s U.S. Auditing Cleanup to Reduce Shortfalls

The Big Four accounting firm expects its rate of deficiencies to be at or below 9% in the latest inspections, down from 46% three years earlier, people familiar with the matter said.

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FTC Sues Zillow, Redfin Alleging They Suppress Rental Advertising Competition

Government alleges deal between platforms is unlawful.

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EV Market Will Be ‘Way Smaller’ Than Expected, Says Ford CEO. The Billions Being Invested Are in Jeopardy.

Ford CEO Jim Farley had a chilling message for U.S. auto investors on Tuesday.

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Cardinal Health to Build Indianapolis Pharma Plant to Supply Growing Distribution

The planned 230,000 square-foot plant is the healthcare company’s latest step in a 10-year plan to modernize and expand its distribution network.

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Texas Stock Exchange Could Start Listing Shares Next Year

The Securities and Exchange Commission approved the upstart’s application Tuesday.


(END) Dow Jones Newswires

October 01, 2025 03:15 ET (07:15 GMT)

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