Binance Names Co-Founder Yi He as Co-CEO of Crypto Exchange
Yi, who led the strategy to develop Binance from a crypto-to-crypto trading platform into a global blockchain ecosystem, will take the helm of the company alongside CEO Richard Teng.
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HSBC Names Chairman After Yearlong Search
Brendan Nelson, who has served as interim chair since October, was selected for one of the most demanding jobs in finance.
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Airbus Cuts Plane Delivery Goal Due to A320 Fuselage Issue
The quality issue with metal panels on hundreds of its A320 jets is a major blow to the group as it struggles to overcome supply-chain hurdles.
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Marvell Technology to Acquire Celestial AI in $3.25 Billion Deal
The semiconductor company has agreed to acquire Celestial AI in a bid to help build out its AI and cloud data center business.
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Salesforce Earnings Are Up Next. 2 Areas to Watch.
The company has become more profitable in recent years, even as the pace of sales has slowed.
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Retailers Are Snatching Up Real Estate Again
Dollar Tree, Tractor Supply and other companies show a renewed desire to move into vacant space, despite economic hurdles.
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CrowdStrike Narrows Outlook, Logs Higher Sales
The cybersecurity company posted a loss of $34.0 million, or 14 cents a share, in the quarter ended Oct. 31, compared with a loss of $16.8 million, or 7 cents a share, a year earlier.
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Saudi Fund to Own Almost All of Electronic Arts After Buyout
PIF is on course to own 93% of the videogame maker, implying it needs to stump about $29 billion in addition to rolling over its existing stake.
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San Francisco Sues Food Makers Over Ultraprocessed Products
Food-company stocks sag after city alleges several suppliers knowingly manufacture and market harmful foods.
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Country Garden Receives U.S. Recognition for Hong Kong Restructuring Plan
The recognition under chapter 15 of the U.S. bankruptcy code will allow the struggling property developer to reduce roughly $11 billion in debt.
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Amazon Releases AI Agents It Says Can Work for Days at a Time
AWS CEO Matt Garman unveiled a set of new tools at the cloud giant's annual re:Invent conference, calling them critical to helping companies get value out of AI.
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Nike Shakes Up Leadership Team as Turnaround Plan Continues
The retailer will create a new role of chief operating officer and name the heads of its geographic regions to senior leadership as it aims to refocus on performance sportswear.
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GitLab Swings to Loss Despite Sales Gain
GitLab swung to a loss despite posting double-digit sales gains. The company, which provides software-development tools, also named Jessica Ross its next CFO.
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American Eagle Boosts Guidance on Strong Start to Holiday Season
The apparel retailer now expects comparable sales up 8% to 9% for the fourth quarter thanks to improved sales trends.
(END) Dow Jones Newswires
December 03, 2025 05:00 ET (10:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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