OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities 
Tesla Faces 19% Drop in UK Registrations as Competition Intensifies 
Michael Dell Pledges $6.25 Billion to Boost Children’s Investment Accounts Under Trump Initiative 
Tesla Expands Affordable Model 3 Lineup in Europe to Boost EV Demand 
Anthropic Reportedly Taps Wilson Sonsini as It Prepares for a Potential 2026 IPO 
Magnum Audit Flags Governance Issues at Ben & Jerry’s Foundation Ahead of Spin-Off 
Visa to Move European Headquarters to London’s Canary Wharf 
GM Issues Recall for 2026 Chevrolet Silverado Trucks Over Missing Owner Manuals 
Trump Administration to Secure Equity Stake in Pat Gelsinger’s XLight Startup 
IKEA Launches First New Zealand Store, Marking Expansion Into Its 64th Global Market 
ExxonMobil to Shut Older Singapore Steam Cracker Amid Global Petrochemical Downturn 
Hikvision Challenges FCC Rule Tightening Restrictions on Chinese Telecom Equipment 
Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature 
YouTube Agrees to Follow Australia’s New Under-16 Social Media Ban 
Australia Moves Forward With Teen Social Media Ban as Platforms Begin Lockouts 
Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX 
Momenta Quietly Moves Toward Hong Kong IPO Amid Rising China-U.S. Tensions 
Today, skincare and makeup company The Estée Lauder Companies Inc posted a better-than-expected quarterly earnings report, beating analysts’ expectations.
According to Reuters, Sales from its makeup division increased to 14 percent at USD1.16 billion when compared to the figures in the same period last year. The net income also rose to USD309.3 million or USD0.82 cents per share in the third quarter ended September 30. A year earlier, net income posted was USD228.1 million or USD0.59 cents per share.
Moreover, the company also announced a 25 percent increase in its quarterly dividend on the Company’s Class A and Class B Common Stock. The increase amounts to USD0.30 per share, which is reportedly payable on December 15 this year at the company’s close of business on November 30. In the same period last year, stockholders on record got to receive USD0.24 per share in quarterly dividends.
