Notes on the News

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Dassault Systemes Extends Earnings Target to 2029

15 hours ago | wsj.com | Adrià Calatayud

The software company is scaling up its new AI technology 3D UNIV+RSESThe French software maker said Friday that its updated midterm financial ambition calls for doubling its non-IFRS diluted earnings per share by 2029. For 2024, the company’s non-IFRS diluted earnings per share stood at 1.28 euros ($1.46). Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Who Would Join Elon Musk-Led Political Party?

15 hours ago | wsj.com | Aaron Zitner

(Kevin Dietsch/Getty Images)Third parties rarely succeed in American politics. But Elon Musk’s question to his X followers about whether it’s time to form a centrist political party raises an intriguing question:Who would join a Musk-led party? Republicans overwhelmingly approve of Musk’s work to cut the federal bureaucracy—some 72% of GOP voters said so in an April Fox News poll. But Republicans give even higher marks to Trump, and so it’s hard to see major defections from a Trump-led GOP.
Silver Prices Jump to 13-Year High

18 hours ago | wsj.com | Roshan Fernandez

Silver prices notched a fresh 13-year high Thursday and are now up 23% this year, rising on demand from industrial users, especially solar-panel makers, and from nervous investors piling into precious metals. Silver futures for delivery later this month gained $1.17 a troy ounce, or 3.4%, Thursday to settle at $35.689, the highest since February 2012.
Franchise Group Exits Chapter 11 Process

22 hours ago | wsj.com | Kelly Cloonan

June 6, 2025 5:26 pm ET|WSJ ProFranchise Group said it has completed its financial restructuring under the chapter 11 bankruptcy process in the U.S.The company on Friday said it has simplified its portfolio of brands, winding down American Freight and selling the Vitamin Shoppe, to strengthen its core franchise-based businesses and focus on pet supplies. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
U.S. Brings Abrego Garcia Back From El Salvador to Face Criminal Charges

23 hours ago | wsj.com | Sadie Gurman |C. Ryan Barber |Mariah Timms

The case over his wrongful deportation became a flashpoint in the debate over the Trump administration’s immigration crackdownThe Trump administration has brought a man wrongly deported to El Salvador back to the U.S., where he faces federal criminal charges of unlawfully transporting unauthorized immigrants, according to newly unsealed court documents.
U.K. Fintech Firm Wise Set to Move Main Listing to U.S.

23 hours ago | wsj.com | Joe Wallace

Updated June 5, 2025 7:40 am ETCopyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Musk Post Piles Pressure on Justice Department to Release Epstein Files

1 day ago | wsj.com | Sadie Gurman

Democrats join calls for Trump appointees to release promised details from the federal investigation into the disgraced financierWASHINGTON—Right-wing influencers for months have been pressuring the Justice Department to release documents from a federal investigation into convicted sex-offender and disgraced financier Jeffrey Epstein.
Exclusive | Trump’s FAA Pick Once Played a Flight Attendant on TV. It Drew FAA Scrutiny.

1 day ago | wsj.com | Andrew Tangel

Posing as a flight attendant on reality television could land you in hot water—just ask airline CEO Bryan Bedford. While running Frontier Airlines ULCC 3.41%increase; green up pointing triangle more than a decade ago, Bedford appeared on the CBS television show “Undercover Boss.” He took on a variety of tasks, including serving drinks and assisting passengers as a flight attendant. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
Lululemon Stock Slides After Sportswear Brand Cuts Profit Outlook

1 day ago | wsj.com | Kelly Cloonan

Lululemon expects its margins to come under pressure from proposed U.S. tariffs. (Cfoto/Zuma Press)Lululemon Athletica late Thursday cut its profit forecast and said it planned to raise prices, as tariffs threaten the clothes company's supply chain. The maker of yoga pants and other athletic wear said it now expects earnings of $14.58 to $14.78 a share for the fiscal year, down from its prior outlook of $14.95 to $15.15. Shares slid about 20% Friday.
White House Quietly Pressures Senate to Water Down Russia Sanctions

1 day ago | wsj.com | Lindsay Wise |Alex Ward

Trump administration officials urge Sen. Lindsey Graham to weaken legislationWASHINGTON—The Trump administration is trying to get Sen. Lindsey Graham (R., S.C.) to significantly weaken his Russia-sanctions bill while the White House seeks to patch up its relationship with Moscow instead of punishing it for the continued invasion of Ukraine.