Apple, Google Warn Encryption Services at Risk With Canada Bill
Executives from the technology companies warned that lawmakers risk putting their citizens' privacy and security at risk under a government proposal to give police access to information on their digital devices.
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Xiaomi's Profit Buckles as Memory Prices Soar
Xiaomi had a rough start to the year, posting another profit drop as the memory crunch, stiff competition and soft demand hurt its businesses.
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DuPont Plans Reverse Stock Split, Backs Guidance
The materials and chemicals company said the reverse split was approved by both shareholders and the board of directors.
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Samsung Electronics Union Approves Bonus-Pay Deal
Samsung Electronics' unionized workers have approved a tentative bonus-pay deal reached last week with the company, averting a strike at the world's largest memory-chip maker.
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QVC Preferred Shareholders Challenge Bankruptcy Plan
The cable TV and online retailer's chapter 11 reorganization unfairly strips all value from their $1.4 billion in equity, investors allege.
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Launch of Ferrari's $640,000 EV Erupts Into a Storm About Its Looks
An avalanche of online memes make fun of the Luce's design, and the company sheds $5 billion in market value.
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Dropbox Co-founder Houston to Step Down as CEO After 19 Years
Dropbox Chief Executive Andrew Houston will step down from his role after 19 years at the head of the company and become executive chairman.
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U.K. Sanctions Justin Sun's Crypto Exchange Over Russia Business
Until a recent public falling-out, Sun was a backer of the Trump family's crypto ventures.
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Canada's Big Banks Expected to Post Solid Second Quarter, But Outlook in Focus on Soft Backdrop
Soft economic conditions and greater uncertainty will take the spotlight as banks report earnings, shifting focus to credit-loss provisions.
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BP Removes Chairman After Concerns About Bullying Behavior
Albert Manifold will leave immediately after the board learned of governance oversight and conduct issues it deemed unacceptable.
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Chemicals Producer Trinseo Files for Bankruptcy
Depressed chemicals demand and elevated energy costs from geopolitical tensions tipped Trinseo into chapter 11 after prior debt deals proved insufficient.
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SpaceX just won a $2 billion contract to make satellites for the Space Force
The U.S. Space Force on Tuesday awarded SpaceX a new, pricy satellite contract, further tying the company to its biggest customer.
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Pershing Square Stock Gets Its First Batch of Ratings After Its IPO
Wall Street analysts initiate coverage on Bill Ackman's asset management company, Pershing Square.
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American Airlines to Offer Starlink Internet on Flights
SpaceX has pushed to become a dominant in-flight internet provider, reaching deals with United, Southwest and Alaska Air.
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Groupon to Cut Nearly a Quarter of Workforce in Restructuring
Groupon will lay off nearly a quarter of its employees in a restructuring designed to advance its goal of rebuilding as an AI-native company.
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AutoZone Says Cool Weather Led to Slowing Sales Growth
AutoZone reported higher fiscal third-quarter sales boosted primarily by growth in the company's domestic business.
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Polymarket, Kalshi Face Spanish Ban
Madrid issued an order to block the company's websites while officials look into possible violations of gambling laws, proceedings that are expected to take up to four months.
(END) Dow Jones Newswires
May 26, 2026 23:00 ET (03:00 GMT)
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