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Dow Jones Top Company Headlines at 1 PM ET: Amazon Reaches $2.5 Billion Settlement Over Allegations it Misled Prime Users | CoreWeave ...

Dow Jones09-26

Amazon Reaches $2.5 Billion Settlement Over Allegations it Misled Prime Users

The agreement requires the e-commerce giant to give money back to customers and change its subscription practices.

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CoreWeave Expands OpenAI Agreement by $6.5 Billion

CoreWeave said it is expanding its previous agreement with OpenAI to power AI model training by up to $6.5 billion, bringing the total value of the contract to $22.4 billion.

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Starbucks to Cut Hundreds More Corporate Jobs, Close Stores

The coffee chain is laying off about 900 employees in a turnaround bid that has involved streamlining corporate functions.

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Auto Industry Is Flashing a Warning Sign on U.S. Economy

CarMax, the biggest seller of used cars, said that sales and profits plunged in the latest quarter. Its shares dropped as much as 25% on the news.

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Microsoft Cuts Back Work With Israel's Defense Ministry

The software company found the ministry used cloud services to surveil Gaza citizens.

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Trump Administration Agrees to Use AI Models From Musk's xAI

The partnership could be a sign that Elon Musk's relationship with the White House is thawing.

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Bosch Plans to Cut 13,000 Jobs Amid AI Push

The company is looking to reduce its workforce, particularly in its German car-parts manufacturing arm, as it leans into artificial intelligence to maximize productivity.

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Constellation Software President Mark Leonard Steps Down for Health Reasons

News of Leonard's departure weighed on shares of the tech company, which is among the largest in Canada by market value.

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OpenAI and Databricks Strike $100 Million Deal to Sell AI Agents

The AI company and data firm team up to make it easier for businesses to build artificial intelligence agents with OpenAI's flagship AI model.

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SAP Faces EU Antitrust Probe Over Business-Management Software

The EU said the company might have stifled competition for maintenance and support services of its business-management software.

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Goldman Sachs Investment Vehicle Set to Delist in London

Shares of Petershill, which owns stakes in private-equity firms and hedge funds, had fallen since its IPO.

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Ticketmaster Offers to Change Sales Advertising After Oasis Concert Probe

Live Nation's Ticketmaster offered to make it easier for customers to see how much they might have to spend on tickets before they have to complete their purchase.

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Accenture Posts Higher Sales, Shrugging Off DOGE Concerns

Accenture posted higher fourth-quarter sales as it shrugged off concerns about the impact federal government cuts could have on its revenue.

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Merck KGaA Names Kai Beckmann as Incoming Chair, CEO

Germany's Merck named Kai Beckmann as its incoming CEO and chair of the board, and said he would replace Belen Garijo from May.

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Delta Replaces Engine Units in Effort to Address Toxic-Fume Surge on Planes

Such incidents have led to brain injuries for crew and passengers, The Wall Street Journal reported earlier this month.

 

(END) Dow Jones Newswires

September 25, 2025 13:00 ET (17:00 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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