Bojangles Is Exploring a Sale While the Fried-Chicken Market Is Hot
A transaction could fetch upward of $1.5 billion, roughly triple what it sold for in 2019.
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Disney, Universal Sue Midjourney Over AI-Generated Princesses and Minions
Disney and Universal sued Midjourney, alleging that the artificial-intelligence company's image-generating service produces unauthorized copies of the studios' copyrighted works.
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Switch 2's Record Sales Make It Nintendo's Fastest-Selling Console
The videogame maker's first new gaming device in eight years has sold more than 3.5 million units worldwide since its June 5 launch.
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Nvidia and Perplexity Team Up in European AI Push
The chip giant and AI search startup are offering specialized AI models for European users, aiming to widen their reach in the region.
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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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These Diabetes Drugs Are Finding New Life as an Antiaging Hack
Despite incomplete evidence, longevity enthusiasts are experimenting with SGLT2 inhibitors in their quest to live healthier for longer.
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Victoria's Secret Sales Rise But Guidance Falls Shy of Street Estimates
Victoria's Secret narrowed its loss and logged higher-than-expected sales in its fiscal first quarter, but its outlook for the current quarter was short of analysts' expectations.
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Auto Supplier Marelli Files for Bankruptcy to Hand Lenders Control
KKR's Marelli blames tariffs and lingering supply-chain issues stemming from the Covid-19 pandemic for its descent into chapter 11.
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Fears Over U.S. AI Dominance Boost Business for France's Mistral
The AI developer's CEO said European customers were seeking independence from Silicon Valley.
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NRG Energy Used This Accounting Trick to Make Its Earnings Look Less Volatile
The company's interpretation of accounting rules allows it to mask swings in its derivative contracts.
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Inditex Sales Miss Expectations
Growth at the Zara owner slowed compared with last year as the fast-fashion industry grapples with global trade disputes.
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Musk Says Tesla Robotaxi Launch Tentatively Planned for June 22
The CEO has portrayed the launch of driverless vehicles as central to Tesla's future success and valuation.
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J.Jill Pulls Outlook as Sales Fall
J.Jill withdrew its outlook for the year, citing increased macroeconomic uncertainty, as well as the company's recent leadership transition.
(END) Dow Jones Newswires
June 11, 2025 13:00 ET (17:00 GMT)
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