Uber Reaches Deal for $14.8 Billion Takeover of Delivery Hero
Uber Technologies seeks to strengthen its footprint in international markets.
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TSMC's Earnings Streak Continues on Robust AI Demand
The world's largest contract chip maker posted its fifth straight quarter of record earnings amid voracious global appetite for artificial-intelligence infrastructure.
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ABB to Buy Rotork in $5.5 Billion Deal to Strengthen Electrification Business
Under the agreement, shareholders would receive $6.81 for each Rotork share, a 60% premium to the company's three-month average share price.
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The AI Backlash Has Tech Executives Fearing for Their Lives
Violent threats against artificial-intelligence companies are rising and spilling over into real-world security incidents.
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Telenor Cuts Guidance Following Challenging Quarter
Telenor's second-quarter performance was hit by tough year-on-year comparables, the timing of commercial initiatives, transformation costs and a challenging macro situation in Bangladesh.
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Publicis Raises Guidance, Citing New Business Wins
The advertising group said it is benefiting from new business momentum driven by continued client demand for AI-powered marketing services.
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United Airlines Lifts Outlook as Higher Fares Blunt Turbulent Fuel Prices
The carrier said that adjusted earnings should hit $9 to $11 a share in 2026, lifting the low-end of its previous target by $2 a share.
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SpaceX Shares Fall Below IPO Price for the First Time
The rocket maker's stock slipped below $135 as the tech-heavy Nasdaq composite dropped.
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BHP Annual Copper Production Falls; Iron Ore Output Notches Record High
BHP Group said it produced a record amount of iron ore but less copper over the past year, and forecast a further drop in copper output in the year ahead as grades fall at a giant mine in northern Chile.
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QVC Defeats Shareholder Challenge to $5 Billion Debt-Cutting Plan
A Houston bankruptcy judge approved a disputed intercompany settlement that clears the retail network to exit chapter 11.
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The New York Times Files Motion to Quash Trump Administration Subpoenas
Several reporters were subpoenaed to appear before a grand jury following reporting on security concerns with the Qatari-gifted jet used as Air Force One.
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BlackRock Shares Rally After Assets Soar Past $15 Trillion
BlackRock reported profits rose 20% from a year earlier, and shares rallied almost 7%.
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J.B. Hunt Reports Higher Profit As Revenue Grows Across Most Segments
The logistics company reported a profit of $181 million, with its largest business segment reporting a 22% increase in revenue and a 10% increase in volume.
(END) Dow Jones Newswires
July 16, 2026 03:00 ET (07:00 GMT)
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