LVMH to Sell Marc Jacobs Fashion Brand to WHP, G-III Apparel
Jacobs said he plans to stay on as creative director of his brand after the deal closes.
----
Honda's Never Faced a Crisis Like This-and a Comeback Won't Be Easy
The Japanese automaker reported a $2.7 billion loss amid EV whiplash in the U.S., its biggest market.
----
Applied Materials Raises Outlook as Semiconductor Equipment Demand Grows
Applied Materials expects stronger sales for its semiconductor equipment business this year than it previously forecast as demand for artificial intelligence computing continues to surge.
----
Brookfield Places $2 Billion Bet on SpaceX Ahead of IPO
The investment firm is tapping into businesses that stand to benefit from the rapid adoption of artificial intelligence.
----
Charles Schwab Raises Revenue Outlook, Details AI Plans
Schwab said it is benefiting from both robust trading volumes and more customers turning to it for wealth management services.
----
Cerebras Shares Soar in Hotly Anticipated Year for AI Debuts
OpenAI and Anthropic are eyeing IPOs later this year, and SpaceX is aiming to go public in June.
----
Sundays Are Sacred at Chick-fil-A. The U.S. Says a Worker's Saturday Sabbath Is, Too
The EEOC has sued a franchisee for religious discrimination, claiming it denied an employee Saturdays off to observe her sabbath.
----
Lawyers Trade Barbs on Credibility of Elon Musk, Sam Altman in OpenAI Trial
The world's richest man testified that OpenAI allegedly "stole a charity" in its for-profit conversion, while Altman defended the change.
----
Boeing, Toyota Donated $1 Million Each to Transportation Secretary's Road-Trip Show
A video series will feature Transportation Secretary Sean Duffy and his family on a road trip to mark America's 250th birthday and promote tourism.
----
Figma Stock Rises. Why the Software Maker's Earnings Defy the AI Narrative.
Figma stock rises following first-quarter earnings with the design software developer hiking full-year guidance even as AI worries persist.
----
First Brands Faces U.S. Push for Trustee-Led Liquidation
The U.S. bankruptcy watchdog said the auto-parts supplier improperly favors some professionals and lenders in its proposed plan.
----
Iridium Bets on Air Safety in Aireon Takeover
Satellite operator Iridium Communications agreed to take full control of a company that tracks airplane movements, betting it can grow the air data provider into a bigger business.
----
Apple's Security Has Been Tough to Crack. Mythos Helped Find a Way In.
During tests in April, researchers found software issues in MacOS, one of the world's toughest targets for hackers.
----
Klarna's Shift Toward Long-Term, Big-Ticket Loans Drives Strong Revenue
Klarna has become the go-to for buy now, pay later loans. Now, the payments company is shifting focus toward new offerings that cater to big-ticket purchases, and executives say the pivot is paying off.
----
Cell Carriers Team Up to Boost Coverage Across the U.S.
AT&T, T-Mobile US and Verizon Communications are teaming up to boost coverage and connectivity in remote regions across the country.
(END) Dow Jones Newswires
May 14, 2026 21:00 ET (01:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments