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Dow Jones Top Company Headlines at 3 PM ET: OpenAI Chief Revenue Officer to Depart After Less Than a Year | World ...

Dow Jones Top Company Headlines at 3 PM ET: OpenAI Chief Revenue Officer to Depart After Less Than a Year | World ...

Dow JonesDow Jones2026/08/13 19:00
By:Dow Jones

OpenAI Chief Revenue Officer to Depart After Less Than a Year

OpenAI said Denise Dresser will be stepping down to pursue other opportunities.

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World Cup Ticket Fiasco Erases StubHub Profits, Sending Stock Down

Revenue surged but so did expenses as the ticket reseller dealt with customer complaints and refunds.

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Bill Ackman Calls His New Fund's Slumping Stock Price 'Frankly Absurd'

The billionaire investor's portfolio has trailed the broader market since he took the fund, Pershing Square USA, and his firm public in April.

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Tapestry Investors Wonder How Long Coach Can Excel

Tapestry said its Coach brand led sales growth for another quarter, while giving a soft outlook for its new fiscal year.

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Sandisk Defies Memory Market Slowdown Concerns with Bold 2030 Targets

Sandisk expects adjusted gross margins to remain at around 80% through 2030 as demand for memory continues to outstrip supply.

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Maersk Shares Rise as Higher Freight Rates Trigger Guidance Raise

Stock rose after the shipping group raised its full-year guidance for the second time in less than three months, citing higher freight rates and strong demand in Asia.

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Flock to Add Safeguards to AI Surveillance Tools After Backlash

The surveillance-technology company has faced criticism over the risks of police abuse of its AI-enabled camera system.

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Polestar Dealer Claims Automaker 'Orchestrated' Its U.S. Ban in Lawsuit

The New Jersey dealer is seeking at least $25 million in damages after the Chinese-owned automaker's exit from the U.S.

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Accelerant to Go Private in $4.4B Deal with Thoma Bravo

The data-driven risk exchange agreed to go private in a deal with private-equity firm Thoma Bravo worth more than $4 billion.

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Lenovo Posts Record Revenue, Expects to Hit $100 Billion Goal This Year

Lenovo Group kicked off its fiscal year on a strong note with record-high revenue thanks to robust artificial-intelligence infrastructure demand and its resilient personal-computer business.

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JD.com Profit, Revenue Beat Expectations as Food-Delivery Losses Narrow

JD.com reported better-than-expected results in the second quarter as the Chinese e-commerce titan made steady progress in narrowing losses at its food-delivery business.

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Hapag-Lloyd Earnings Recover on Strong Asia Exports

The earnings growth comes after operational disruptions weighed on the first quarter, and was mainly driven by robust exports out of Asia and better U.S. demand.

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Antofagasta Posts Higher Earnings But Cuts Production Guidance After Heavy Rain in Chile

Higher prices helped offset a rise in operating costs, but the copper miner cut its full-year production outlook after severe weather temporarily closed a mine.

(END) Dow Jones Newswires

August 13, 2026 15:00 ET (19:00 GMT)

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