Behind the Deal That Took Disney From AI Skeptic to OpenAI Investor
Disney's deal with OpenAI will allow users to generate AI videos based on characters from Marvel, "Star Wars" and other franchises.
----
Australia Pledges Deal to Keep Giant Rio Tinto Aluminum Smelter Open
Australian government will work with Rio Tinto's Tomago Aluminium to keep the country's largest aluminum smelter open after its current electricity contract ends in 2028.
----
Broadcom Shares Sink Despite Record Revenue
The chip designer reported rapid revenue growth as demand continues to rise for chips to fill the data centers that power artificial-intelligence models.
----
FTC Sues to Block Henkel's $725 Million Acquisition of Liquid Nails From PE Firm
The antitrust regulator's latest suit comes about a month after a judge dismissed its challenge to GTCR's acquisition of Surmodics.
----
OpenAI Updates ChatGPT Amid Battle for Knowledge Workers
The new, productivity-focused GPT-5.2 model comes as the AI company faces increasing competition from Google and Anthropic.
----
Wealthfront Prices IPO at Top of Range. What You Should Know About the Company.
The company is set to become the first publicly-traded robo-advisor.
----
Lululemon Chief Executive Calvin McDonald to Depart Next Month
McDonald's exit comes as the company's estranged founder had privately been taking steps to mount a proxy fight.
----
Rivian Expands Hands-Free Driving in AI Push
The EV maker is increasing autonomous features to compete with Tesla. Its shares sank 6%.
----
Genesis Ordered to Redo Auction As Judge Rejects Insider Buyout
A Dallas bankruptcy judge declined to approve liability releases for bidder tied to insider Joel Landau.
----
Australia Approves Hanwha Bid to Increase Austal Stake
Australian Treasurer Jim Chalmers said there would be limits on Hanwha's access to sensitive information and stringent criteria on any Hanwha nominee to Austal's board.
----
Oracle Shares Tumble on AI Spending Worries
Oracle shares fell sharply on Thursday, a stark display of investors' concerns about tech companies overspending on artificial-intelligence infrastructure.
----
Renaissance Explores Tweak to Trading Models After Meme-Stock Volatility
Two funds at the quant-trading pioneer suffered their worst months ever in October.
----
Dollarama Lifts Outlook as Canadian Shoppers Boost Results
Robust consumer demand drove higher traffic and spending across stores at Canada's largest dollar-store chain.
----
Texas Sues Medical-Tech Firm Epic Systems Over Parent Access to Child Records
The state's Attorney General Ken Paxton filed a lawsuit that also alleges the company blocks competition.
----
Palantir Sues CEO of Rival AI Firm, Alleges Widespread Effort to Poach Employees
The lawsuit says Percepta's chief executive built a "copycat" company after leaving Palantir last year.
(END) Dow Jones Newswires
December 12, 2025 01:00 ET (06:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Comments