Dow Jones Top Company Headlines at 3 PM ET: FTC Opens Investigation of Anthropic and OpenAI | Wall ...

FTC Opens Investigation of Anthropic and OpenAI

Agency aims to use its consumer-protection powers to examine whether AI labs have misled the public about dangers from the technology.

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Wall Street's Trading Desks Come Down From a Record High

Bankers expect third-quarter revenue to be better than normal, but not to match the big gains earlier this year

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German Union Warns of Potential Conflict With Volkswagen Over Wage Deals

The German automaker has been working on a broad cost-cutting plan throughout 2025 and 2026 following an agreement with its powerful unions that included 50,000 job cuts in Germany by 2030 and billions of euros a year in cost savings.

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Ford F-150 Sales to Drop This Quarter Over Supplier Issue

The automaker has been working to recover truck production after an aluminum supplier was knocked offline last year.

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Lilly's Next-Gen Obesity Drug Helps People Lose Even More Weight in Study

A drug combination studied in people with Type 2 diabetes lowered blood sugar and helped people lose more weight than with Zepbound alone.

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BMW to Slim Workforce and Boost Efficiencies Through Increased AI Integration

The automaker said the number of divisions and management roles will be cut by 20% over the coming months as it readies for increasingly challenging market conditions.

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Conde Nast CEO Roger Lynch Steps Down to Join Mattel

Lynch takes the reins at the toy maker as it tries to lean in to Hollywood ambitions and become an entertainment company.

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General Mills Taps COO to Helm Its Turnaround

General Mills has named its chief operating officer, Dana McNabb, to succeed Jeff Harmening at the helm of the cereal and packaged-foods maker.

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Hormel Foods to Buy Brakebush Brothers for About $1.06 Billion

The parent of Spam lunch meat and Skippy peanut butter expects the Brakebush acquisition will expand its position in value-added chicken.

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Conagra Sees Inflation Rising Due to High Transportation Costs

The food manufacturer, which owns Orville Redenbacher's popcorn and Slim Jim meat sticks, said fiscal first-quarter profit rose to $174.3 million, or 36 cents a share, from $164.5 million, or 34 cents a share, a year earlier.

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DoorDash Reaches Deals to Sell More Shoes and Clothing

The app, known for delivering food quickly, is joining with companies such as Anthropologie, Timberland and Macy's.

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Amex Adds AI, Expense Tracking to Corporate Card to Counter Fintech Rivals

American Express has rolled out an expense-management platform with AI features alongside its new corporate card, as the company's corporate business faces mounting competition from fintechs.

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Cal-Maine Posts Another Quarterly Loss as Low Egg Prices Persist

An oversupply of eggs has put downward pressure on wholesale prices, Cal-Maine Chief Executive Sherman Miller said.

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Apple Launches Mobile Payment Services in India

Users in India can now use Apple Pay on iPhones, iPads and Apple Watches via a partnership with Axis Bank, one of the largest private-sector lenders in the country.

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Porsche SE Says German Court Has Dismissed $6.1 Billion Lawsuit Brought by Investors

The court dismissed appeals from hedge funds seeking damages from the company's failed takeover bid for Volkswagen in 2008.

(END) Dow Jones Newswires

September 30, 2026 15:00 ET (19:00 GMT)