Dow Jones Top Company Headlines at 7 AM ET: SpaceX's Starship Rocket, Aimed at Mars Mission, Explodes Again | OpenAI ...

Dow Jones
2025/06/19

SpaceX's Starship Rocket, Aimed at Mars Mission, Explodes Again

The setback was the latest in what has become an increasingly important bet for Elon Musk.

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OpenAI Changes Price Structure for Business Version of ChatGPT

The new pricing for ChatGPT Enterprise uses a credit system aimed at giving companies more flexibility, according to a person familiar with the matter.

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Microsoft Plans to Cut Thousands More Employees

A new round of workforce cuts at the Redmond, Wash.-based tech giant comes as the company makes a costly push into AI.

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EU Court Advisor Backs Google's $4.7 Billion Android Fine

A top adviser to the EU's highest court backed the penalty imposed by EU antitrust regulators, in a blow to Google's yearslong battle against the fine.

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Switzerland's New Capital Rules Will Be Feasible for UBS, Central Bank Says

The required capital increase will be achievable for the banking giant and shouldn't excessively reduce its shareholder distributions, the Swiss National Bank said.

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Rio Tinto Agrees to Settle Mongolia Copper Mine Lawsuit

The company agreed to pay $138.75 million to resolve a class-action lawsuit that alleged the company concealed problems during the expansion of a giant copper mine in Mongolia.

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Caris Life Sciences Jumps in Debut, Latest Win for Healthcare IPOs

Cancer-testing company raises $494 million in initial public offering.

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QXO Proposes $5 Billion Acquisition of GMS

Roofing-products distributor QXO proposed to acquire interior-construction-products distributor GMS.

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Boeing 787 Crash: What We Know and What Comes Next

Investigations are focused on the engines and why the plane lost lift shortly after takeoff.

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Railroads Have Slashed Costs and Raised Prices. Why One CEO Now Favors a Merger.

Railroads are running out of levers to keep growing their earnings.

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Waymo Wants to Bring Its Robotaxis to New York City

The company is facing legal hurdles and other obstacles before its cars can cruise the city's streets without drivers.

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Nippon Steel Completes Purchase of U.S. Steel After Reaching Security Deal With Trump Administration

The agreement calls for Nippon Steel to invest roughly $11 billion across U.S. Steel's domestic operations over the next three years, a move the companies say will protect and create more than 100,000 jobs.

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Comcast Shareholders Reject Proposal for Independent Chair

Comcast shareholders have voted against a proposal to curb Chairman and Chief Executive Brian Roberts's power by installing an independent chair on the company's board.

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Warren Buffett Likely to Give Away $6B in Berkshire Stock Soon. How Much He'll Have Left.

Buffett started the giving program in 2006.

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Texas Instruments to Invest $60 Billion in Manufacturing Sites

Texas Instruments said it plans to invest more than $60 billion across three manufacturing sites in Texas and Utah.

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Prudential Unit Lends $500 Million in Private Credit to Affirm

Nonbank lenders like Affirm are cultivating stables of large financing partners to ensure they have sufficient capital to lend, even when public debt markets freeze up.

 

(END) Dow Jones Newswires

June 19, 2025 07:00 ET (11:00 GMT)

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