Longtime Musk Aide and Fixer Omead Afshar Leaves Tesla
The departure of Afshar, who oversaw sales and manufacturing in North America and Europe, comes as Tesla struggles with declining global sales.
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CoreWeave Nears Deal for Core Scientific
CoreWeave last year tried to acquire Core Scientific for $5.75 a share, which at the time valued the business at north of $1 billion. Core Scientific rejected the proposal as too low.
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Shell in Early Talks to Acquire Rival BP
A deal would be a landmark combination of two supermajor oil companies. Shell issued a formal stock exchange denial of takeover talks.
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Novo Nordisk to Expand Access to Wegovy with WeightWatchers Partnership
The pharmaceutical giant said WeightWatchers will work with CenterWell Pharmacy to fulfill and deliver Wegovy prescriptions.
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Walgreens Sales Rise on Healthcare and Costs Cuts Ahead of Going Private
Walgreens Boots Alliance saw sales increase and losses narrow in its latest quarter, a potential harbinger of coming improvements as the company prepares to go private.
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Home-Cooked Meals Spice Up McCormick's Sales
Consumers are showing resilience amid economic uncertainty and higher prices, adjusting their shopping habits and cooking more meals at home, according to McCormick's CEO.
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Apple Faces EU Judgment, Again, Over App Store Terms
The tech giant hopes to avoid more fines after officials penalized it for preventing developers from telling users about better deals outside of the App Store.
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Equinor and Partners to Invest Over $2 Billion in North Sea Oil and Gas Project
The energy major said the new subsea development at Farm Sor will mean more oil and gas can be supplied to Europe, bolstering energy security.
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AB Foods Plans to Close Northern England Biofuel Plant After U.S.-U.K. Trade Deal
The company said the commercial viability of Vivergo had been further undermined by the U.K.'s trade deal with the U.S., which allowed tariff-free U.S. ethanol into the U.K.
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Jes Staley Loses Appeal Over Jeffrey Epstein Ties Ban
Staley, the former Barclays CEO, had sought to overturn a ban from the financial industry imposed over how he portrayed his relationship with the disgraced financier.
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Tesla's Robotaxi Launch Shows Google's Waymo Is Worth More Than $45 Billion
Waymo was last valued at just $45 billion, while autonomous technology drives most of Tesla's $1 trillion value.
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BlackRock Deepens Push Into Private Investments for the Masses
The world's largest asset manager is preparing to offer its own target-date fund with private equity and private credit.
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H&M Shares Surge as Earnings Top Expectations
Hennes & Mauritz's earnings beat expectations, sending shares higher as investors cheered its continuing restructuring and healthy demand for its clothes.
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Nike's Earnings Will Be Ugly. Why the Worst May Be Over.
The sneaker maker's quarterly results should show a sharp drop, if forecasts are correct. But Wall Street is betting the recovery starts now.
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How Trump's Tariffs Could Upend the U.S. Auto Industry
President Trump wants an all-American car. U.S. vehicle sales could plunge by as much as 20% if he uses massive levies to get one.
(END) Dow Jones Newswires
June 26, 2025 13:00 ET (17:00 GMT)
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