Trump's OK of AI Chip Sales in China Called 'Dangerous' by Senate Democrats
Sens. Elizabeth Warren, Chuck Schumer and other lawmakers said allowing sales of Nvidia's H200 processors in China undoes past U.S. containment efforts
----
Wealthfront IPO: Stock Gets a Bump, but Not a Pop in Trading Debut
The company is the first publicly-traded robo-advisor and it got a $2.7 billion valuation in its first day of trading.
----
Bank of America Shares Finally Recover From 2008 Financial Crisis
The bank's stock closed at $55.14, its first record since November 2006
----
Warehouse Clubs Turn to Store Brands as Shoppers Push Back on Prices
As consumers cut spending on groceries and increasingly trade down to lower-priced goods, store brands have gained market share.
----
First Brands Requests Access to $250 Million in Customer Receipts
The auto-parts maker filed a request for expedited relief to access money that is either held by customers or segregated in connection with its bankruptcy process.
----
Fermi Stock Heads for Worst Day on Record as AI-Energy Company Loses Funding Commitment From First Major Tenant
The nascent AI infrastructure company says a potential tenant canceled a $150 million agreement.
----
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.
----
Ryder System Names John Diez CEO as Robert Sanchez Retires
Ryder System's long-time leader, Robert Sanchez, is retiring early next year as chief executive of the logistics and transportation company.
----
Law Professor Sues Boeing After Alleged Exposure to Toxic Fumes on Flight
The lawsuit underscores the potential legal liability facing the industry as it grapples with a surge in fume events in recent years.
----
Broadcom Stock Tumbles After Earnings. Why Its Booming AI Business Was an Issue.
Broadcom forecast $19.1 billion in revenue for the current quarter, compared with analysts' expectations of $18.4 billion.
----
UBS Shares Hit Multiyear High on Proposed Capital Rules
The stock rose to its highest point in 17 years, after legislators proposed reducing capital requirements on Swiss banks.
----
Reddit Sues Australian Government for Under-16 Social Media Ban
The company said the law infringes on teenagers' freedom of political discourse, adding any reduction in risk of harm would be minimal at best.
----
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.
(END) Dow Jones Newswires
December 12, 2025 19:00 ET (00:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
Comments