Dow Jones Top Company Headlines at 7 PM ET: Trump Ends Federal Use of Anthropic's AI as Pentagon Labels It Security Risk | OpenAI ...

ForkLibertarian · 2026-02-28T12:24:38+00:00

Recent news highlights Trump's halt on federal use of Anthropic's AI due to security concerns, OpenAI's significant funding boost, and Paramount's successful bid for Warner Discovery. Other stories include strategic moves in companies facing challenges and changes in the AI landscape.

ForkLibertarian

2026-02-28 12:24:38

Abstract generation in progress

Trump Ends Federal Use of Anthropic’s AI as Pentagon Labels It Security Risk

The move follows weeks of tension between the Pentagon and Anthropic over artificial-intelligence guardrails.

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OpenAI Raises $110 Billion as It Races Toward IPO

The new funding, which values the company at $730 billion before the investment, came from Amazon, SoftBank and Nvidia.

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Paramount Wins Bidding War for Warner Discovery After Netflix Drops Out

Netflix pulled the plug on its deal soon after Warner’s board determined Paramount’s revised offer was superior.

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Lululemon Founder Intensifies Board Battle, Cites Weak Governance, Strategic Drift

Chip Wilson intensified his campaign against the company, accusing the board of weak governance and slow engagement as he pushes for sweeping changes.

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First Brands Races to Sell Units in Bankruptcy to Avert April Wind-Down

Auto-parts supplier is trying to sell business units, with Ford submitting bids for some of them, and faces an April 30 wind-down if deals fall through, sources say.

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Trump Media in Talks to Spin Off Truth Social

President Trump’s media company said it is in discussions to spin off businesses, including social-media platform Truth Social, into a new publicly traded company.

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Target to Remove Artificial Dyes From Cereal Aisle

The retailer said it has worked with national brands and owned-brand partners to reformulate products where necessary.

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Moderna’s Covid-Flu Vaccine Recommended for Approval in EU

The recommendation from regulators paves the way for the shot’s approval in the European Union at a time the company is facing scrutiny in the U.S.

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Amazon Tries Its Low-Cost Approach to Winning the AI Race

Amazon’s new artificial intelligence czar, Peter DeSantis, is a larger-than-life figure within the company.

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How Jack Dorsey Explained Cutting Almost Half of Block’s Staff

The entrepreneur said fewer employees is better in the AI age.

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Swiss Re Tops Up Returns With $1 Billion Buyback

Stock jumped after the reinsurer paired its quarterly results with a surprise buyback, signaling a more aggressive stance on capital returns.

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Puma’s Shares Drop as Turnaround Progress Remains Under Scrutiny

Puma’s shares lost a chunk of Thursday’s gains after some analysts said optimism over a change in the brand’s fortunes could be premature.

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Carter’s Sales Rise, Weak 1Q Outlook Given

Carter’s posted higher fourth-quarter sales with the help of increased traffic and prices, but issued first-quarter earnings guidance below Wall Street’s expectations.

(END) Dow Jones Newswires

February 27, 2026 19:15 ET (00:15 GMT)

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