Dow Jones Top Company Headlines at 7 PM ET: SpaceX Is Aiming to Go Public on June 12 in What Stands to Be Biggest IPO Ever | Anthropic ...
SpaceX Is Aiming to Go Public on June 12 in What Stands to Be Biggest IPO Ever
Elon Musk's rocket company is expected to make its IPO paperwork public next week.
Anthropic Raising $30 Billion More as AI Labs Absorb Majority of VC Funding
The AI front-runner could raise even more as a tiny number of companies get an unprecedented share of investment this year.
Mercedes-Benz CEO Says Carmaker Is Willing to Enter Defense Production
The remarks come as the German manufacturing sector seeks to recast itself as a major player in the West's defense arsenal.
Kissei Pharmaceutical, which sells the rare immune-disease drug in Japan, warned doctors to stop prescribing it to new patients.
Berkshire Invests in Delta Again During Abel's First Quarter as CEO
The company exited positions in Amazon, Mastercard, Visa and UnitedHealth, among many others.
Right-to-Repair Advocates Are Taking On Deere Again-This Time in Construction
The company agreed recently to pay $99 million in a "right-to-repair" lawsuit with farmers.
Starbucks Cuts Hundreds More Corporate Workers in Turnaround Bid
The company is laying off 300 employees and closing some offices as it seeks to slim down.
Bill Ackman's Pershing Square Bets on Microsoft's AI Ambitions With New Stake
The investor says the tech company is underpriced, and he will disclose the stake in regulatory filings later Friday.
Sherritt Seeks to Dissolve Cuba Ventures, Cutting Ties With the Island
The Canadian miner is seeking a quick exit from its activities in Cuba as it looks to escape the threat of being targeted in the Trump administration's efforts to force regime change on the island.
Endless Shrimp Bankrupted Red Lobster. The Chain Insists It Can Work This Time.
Months of planning and debate went into making the promotion more profitable. No more "shrimp police."
Chip Stocks Slide After U.S.-China Summit Ends Without Major Tech Deals
Global semiconductor stocks skidded after a summit between President Trump and Chinese leader Xi Jinping concluded without major chip deals or a breakthrough on Nvidia's sales to the country.
Toyota Mulls $2 Billion Investment to Add Assembly Line in Texas
The Japanese carmaker plans to begin construction later this year, with production targeted to start in 2030.
Stellantis, Dongfeng Ink $1.17 Billion Deal to Make EVs in China
Stellantis is partnering Dongfeng Group to produce electric vehicles under the Peugeot and Jeep brands in China.
Salvatore Ferragamo Plummets After Lack of Growth Acceleration
The luxury fashion group reported a decline in first-quarter sales, dashing hopes for a sustained recovery amid a broader struggle for luxury brands.