More Pressure Mounts on Health Insurers as Costs Continue to Rise
Molina Healthcare is the latest to warn it won't meet Wall Street expectations as it spends more on care in Medicaid, Medicare and Affordable Care Act plans.
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Shell to Take Hit From Weaker Gas Trading
The company said trading in its core integrated gas division is expected to be significantly lower than in the first quarter. The warning follows a period of volatility in global gas prices.
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Universal Music's Downtown Deal Warrants In-Depth Investigation, Critics Say
More than 200 executives, founders and other representatives of the independent music industry said the deal threatens competition and growth.
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Elon Musk Is Running Out of Road in China
As Tesla falls behind the local competitors it helped create, the billionaire's rupture with Trump is limiting his value to Beijing.
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CoreWeave to Acquire Core Scientific in $9 Billion Deal
CoreWeave will acquire Core Scientific in an all-stock transaction valued at approximately $9 billion.
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Mercedes-Benz Quarterly Vehicle Sales Hit by U.S. Tariffs
Car and van sales fell 9% in the second quarter as Trump's auto tariffs began to bite.
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Royal Gold Aims to Boost Scale, Gold Output With $3.5 Billion Sandstorm Gold Acquisition
The deal implies a 17% premium to Sandstorm's closing price on July 3.
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Oracle Gives U.S. Government Discount on Cloud and Software
Oracle is the latest tech giant to offer the Trump administration a significant discount on its services.
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Baxter International Names Hider as Next CEO
Andrew Hider will join Baxter from Canada's ATS. Shares of ATS fell.
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LG Electronics Expects Operating Profit to Halve Amid Higher U.S. Tariffs
The South Korean consumer-electronics giant said higher U.S. tariffs and intensified market competition weighed on performance during the second quarter.
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Old-School Floor Traders Finally Get Their Day in Court Against CME
A trial is to begin in a long-running lawsuit by Chicago traders who say they were harmed by the exchange's launch of electronic markets.
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BlackRock Acquires ElmTree Funds as It Continues Private-Markets Push
The real estate-focused firm will be added to an internal BlackRock group that now includes HPS Investment Partners.
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Michelob Ultra Is the One Bright Spot in a Gloomy Beer Market
Michelob Ultra's low-carb, low-calorie position is resonating with younger adults and leading to sales growth, while sales of rivals such as Modelo Especial and Bud Light are falling.
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Chinese Bubble Tea Stocks Rise as Food-Delivery Platforms Brew Up Discount War
Competition among Chinese food-delivery services was ratcheted up over the weekend as platforms engaged in a renewed round of offers and vouchers for users.
(END) Dow Jones Newswires
July 07, 2025 13:00 ET (17:00 GMT)
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