Nike's Earnings Were Ugly. But They're Better Than Feared.
The sneaker maker's results showed a sharp drop in profit and sales.
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Starbucks Elects Two Board Members Including Former Yahoo CEO Marissa Mayer
Marissa Mayer is now chief executive of Sunshine AI, a technology startup she founded that automates everyday tasks. The coffee chain also added Dambisa Moyo to the board.
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Apple Reworks European App Store Policy to Swerve More EU Fines
Apple has reworked the terms and conditions for developers that use its highly lucrative App Store in the European Union in a bid to avoid racking up more fines under the EU's digital antitrust law.
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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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Trump Administration Asks McKinsey, BCG to Justify Consulting Contracts
The General Services Administration sent a letter to leaders of about a half dozen consulting companies, asking them to justify their work with the federal government and to propose cost savings.
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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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Anna Wintour Is Stepping Down as Editor of American Vogue
She will continue to oversee global Vogue operations and other Conde Nast content.
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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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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 17:00 ET (21:00 GMT)
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