AutoZone Sales Rise and Further Growth is Expected
The auto-parts retailer posted a fiscal fourth-quarter profit of $931.6 million, or $56.05 a share, compared with $837 million, or $48.71 a share, a year earlier.
----
Alibaba Unveils New AI Chip, Outlines Plan for Larger Model
Alibaba has rolled out its most powerful chip yet, doubling down on its bid to control the software and hardware that power its artificial-intelligence ambitions.
----
Thor Industries Gears Up to Face More Headwinds
Thor Industries had a challenging fiscal 2026, and the company said many of the headwinds it faced are expected to continue to plague its business in the year ahead.
----
DoorDash to Pay $131.5 Million to Resolve NYC Pay Investigation
The company said that the settlement includes $12.3 million in direct payments to delivery drivers on its platform.
----
KKR Builds $350 Million Equipment-Finance Firm Akrapoint Commercial Capital
The newly formed finance company offers loans averaging about $500,000 to $600,000 to finance industrial equipment.
----
Gap Is Getting Into the Boy-Band Business
The clothing company is making a foray into "fashiontainment" as it looks to cement its brands more deeply in popular culture.
----
Pharmaceutical Companies Push Trump Administration to Protect China Deals
A surge in U.S.-China transactions is drawing scrutiny in Washington, where some lawmakers are pushing to slow the pace of investment.
----
Shopify to Use Meta's Muse for Agentic Checkout
Shopify plans to allow Meta's personal AI agent to complete purchases on behalf of users with the e-commerce platform's roster of stores.
----
A Rocket Supply Crunch Is Making It Harder to Hitch a Ride to Space
There's a rush to secure flights as SpaceX winds down its flagship vehicle and rivals try to ramp up.
----
These Tiny Startups Are Getting Even Smaller With Help From AI
By holding off on hiring, and sometimes eliminating existing positions, entrepreneurs are growing their products but not their head counts.
----
Paper Drink Bottles Are Cool Again. Why Brands From PepsiCo to Diageo Are Buying In.
Tightening regulations for plastic and a renewed recycling push have consumer brands rethinking their packaging.
----
The $1.5 Billion Concession That Unlocked Paramount's Deal With California
Investment in domestic production, quiet mediation from Gov. Gavin Newsom and the threat of relocating helped Paramount forge a settlement with state attorneys general.
----
Private-Equity Firms Buy Indie-Author Publisher Podium for More Than $400 Million
Shamrock Capital and Flexpoint Ford are taking on a company that focuses on audiobooks and self-published authors-two industry bright spots.
----
Television Networks Suspend Some Coverage of Trump After Bans
The decision came after the White House removed CNN from a rotating group of television journalists who cover the president.