Prologis Rebuffed in $16.6 Billion Takeover Approach for U.K.'s Segro
The world's largest owner of industrial real estate said it sees a clear strategic rationale for a combination and urged Segro shareholders to encourage the board to engage.
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Sixteen Airbus A380s to Undergo Inspection After Cracks Found on Airplane Wings
The European Union Aviation Safety Agency has ordered urgent inspections after cracks were found in a wing component on some aircraft.
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Nike Names Pfizer's Denton as Next CFO
David Denton's appointment, effective Aug. 17, comes as the company struggles to execute a turnaround, with sales dropping in the company's key China market and weakness in the Europe, Middle East, and Africa region.
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SoftBank's Son Sets Bold Net Asset Value Target on Promise of 'Super AI'
Masayoshi Son wants to bring SoftBank's net asset value to $6.189 trillion in the next decade.
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Agility, Maker of Humanlike Robots, to Go Public in $2.5 Billion SPAC Deal
Agility's humanoid robot, Digit, is used at manufacturing facilities and warehouses by companies such as Amazon.
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Alibaba Files Lawsuit Against Pentagon Seeking Removal From Military List
Alibaba Group filed a lawsuit against the U.S. Department of Defense in a San Jose federal court.
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Will Anyone Buy This Cheap EV Truck With Hand-Crank Windows and No Radio?
Slate Auto's all-electric truck, priced in the mid-$20,000s, aims to prove that affordable cars can be both profitable and adored.
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FedEx Revenue Rises on Growth in Package Yields, Volume
FedEx logged higher revenue in its latest quarter on higher shipping rates and volumes, but its profit ticked down.
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SpaceX pulls off one of the biggest AI debt deals yet
The offering is set to close on Friday and help SpaceX pay off its existing debt
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Cerebras Revenue Soars in First Quarter, Forecasts Full-Year Negative Margins
The company said it expects its operating margins to remain negative and under pressure through the end of the year.
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Google-Parent Alphabet to Replace Verizon in Dow Jones Industrial Average
The change will take effect before the market opens on June 29, said S&P Dow Jones Indices, which manages the index.
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Florida Attorney General Issues Subpoena to CVS Health in Pharmacy Probe
Florida's attorney general says he is examining whether CVS's pharmacy benefit manager steers patients to its own pharmacies.
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IBM Getting Ready to Scale Quantum Computing
This year, the company is laying the groundwork to turn quantum computing into a fully-fledged, scalable business from an expensive science project.
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Walmart, in Biggest Deal in Two Years, Buys Advertising Tech Firm
Retail giant is paying $1.4 billion for Vibe.co, a company that enables advertising through connected TVs.
(END) Dow Jones Newswires
June 24, 2026 03:00 ET (07:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.