Pershing Square Initiates Quarterly Dividend
The quarterly cash dividend of 12.2 cents a share is payable July 21 to shareholders of record July 13.
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KKR and Energy Capital Partners Look to Bet on DCC's Industry Pivot
The private-equity firms aim to gain from the multi-industry conglomerate's recent pivot to focus on its energy businesses, analysts say
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Tesla Sales Jumped in Second Quarter
The electric automaker sells just three new-car models now, with CEO Elon Musk putting the focus on autonomous vehicles and robotics.
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Judge Rules JPMorgan Still Has to Pay for Charlie Javice's Legal Defense
The entrepreneur, convicted of defrauding the bank, and her lawyers have racked up $144.2 million in bills, with receipts including gummy bears and cellulite butter.
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Blue Owl Investors Ask to Withdraw $4.7 Billion From Flagship Funds
Redemption requests declined from the previous quarter but remained elevated.
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Jersey Mike's IPO Will Test Wall Street's Appetite for Restaurant Stocks
Jersey Mike's has a large, mostly franchised system, more than 3,300 locations, and $4.2 billion in 2025 systemwide sales.
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SAP Seeks to Rein In Costs to Focus on AI Investments
SAP said it would exercise greater discipline when it comes to hiring and travel expenses as it seeks to redeploy workers in roles where they can make better use of AI.
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German Drone Maker Quantum Systems Raises Funding at $8 Billion Valuation
Quantum Systems said it had raised $1.2 billion at a valuation of roughly $8 billion, bringing in fresh capital to expand drone production and invest in software for autonomous systems powered by artificial intelligence.
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National Beverage Stock Jumps After LaCroix Owner Declares Special Dividend
National Beverage, the maker of LaCroix sparkling water, announced its 13th special dividend in 22 years, sending shares sharply higher despite mixed annual results.
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Starlink Dominates Internet From Space. Can It Disrupt AT&T and Verizon on the Ground?
SpaceX wants its satellite network to eventually serve cellphones in dense urban areas, but capacity and infrastructure hurdles remain.
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Consumers Shun Mid-Sized Packs Amid Price Squeeze, Nestle Says
The company is working to keep prices in check, as U.S. consumers fixate on affordability and buyers shift toward bulk or budget pack sizes, passing over middle formats.
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Why Medicare Isn't a Game Changer for Weight-Loss Drugmakers
Medicare is now covering weight-loss drugs for some seniors, in a win for patients. For Wall Street, the math is trickier.
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Norway's Yara to Buy Texas Ammonia Plant For $1.3 Billion
The addition of U.S. production capacity supports the fertilizer producer's strategy of diversifying energy exposure, capturing economies of scale, and lowering fixed costs.
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Google Loses Fight Against EU's $4.7 Billion Android Fine
The penalty is the largest the EU has handed the company in its efforts to curb Google's online dominance.
(END) Dow Jones Newswires
July 02, 2026 21:00 ET (01:00 GMT)
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