Google Expands Buyout Program in Push to Ramp Up AI Spending

U.S. employees across multiple divisions offered chance to leave with severance.

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Foshan Haitian Seeking to Raise Over $1 Billion in IPO

Shanghai-listed Foshan Haitian Flavouring & Food is the latest Chinese company seeking a secondary listing in Hong Kong.

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GM Plans $4 Billion Investment to Boost U.S. Manufacturing

The move gives the company the ability to assemble more than two million vehicles a year in the U.S., GM said.

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Meta in Talks to Invest $14 Billion in Scale AI, Hire CEO Alexandr Wang

The planned deal is part of a broader revamp of Meta's AI leadership after its struggles to build the technology.

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X's Sales Pitch: Give Us Your Ad Business or We'll Sue

Elon Musk and CEO Linda Yaccarino launched a campaign to strong-arm advertisers back onto the platform.

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The Media and Entertainment Deal Machine Is Revving Up

Warner Bros. Discovery's new plan to split up marks companies' latest effort to adapt to streaming, and more moves are expected.

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Cyberattack on Food Distributor Leaves Supermarket Shelves Running Low

United Natural Foods, a company that serves Whole Foods and other retailers, says it is working to get its systems back online.

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GameStop Swings to Profit, Sales of Collectibles Up 54%

Sales of both software and the hardware and accessories category fell during the quarter.

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Qantas Closes Asian Carrier as Aviation Shake-Up Continues

Australia's Qantas Airways will close its Singapore-based budget carrier at the end of next month, blaming intense regional competition and surging supplier costs.

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Striking Actors Reach Tentative Deal With Videogame Makers

The union called for a strike last summer after more than a year-and-a-half of negotiations. AI-related protections were a sticking point, the union said.

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Ingka Group Buys Dutch Solar Farms

The acquisition adds three solar parks with a capacity of 76.3 megawatts to the IKEA store owner's portfolio of renewable assets.

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J.M. Smucker Shares Slide as Outlook Underwhelms Amid Pressure in Coffee, Snacks

J.M. Smucker, the maker of Folger's coffee, Jif peanut butter and Smucker's jams posted lower sales and swung to a loss in its latest quarter.

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Dave & Buster's Profit Drops on Lower Revenue

The company made almost the same amount of revenue year-over-year from food and beverage. Entertainment revenue from arcade games, live sports events and merchandise, meanwhile, fell 5%.

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Designer Brands Pulls Outlook as Sales Fall

Designer Brands withdrew its outlook for the year, citing persistent instability and pressure on discretionary spending.

(END) Dow Jones Newswires

June 10, 2025 23:00 ET (03:00 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.