Robinhood Markets to Cut 10% of Workforce in Restructuring
Robinhood Markets will lay off about 10% of its workforce, representing roughly 290 jobs, aiming to cut costs and work more efficiently.
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Olin, Huntsman to Combine in Stock Swap
Olin and Huntsman have agreed to combine in all-stock deal that creates a North American chemicals company that generated combined revenue of about $12.5 billion last year.
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GM in Talks to Supply Weapons Parts to Lockheed Martin
The automaker seeks to grow its defense subsidiary as the U.S. aims to replenish munitions supplies.
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Germany Rejects UniCredit's Commerzbank Bid, Calling Out 'Aggressive' Approach
The government cited what it called an aggressive approach from UniCredit, rebuffing the Italian lender's multibillion-dollar bid for Commerzbank.
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DeepSeek Becomes China's Most Valuable AI Startup After $7.4 Billion Fundraise
China's DeepSeek raised more than $7.4 billion in its first round of fundraising to support its costly development of artificial intelligence.
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STMicroelectronics to Raise $1.5 Billion Through Bond Sale
Shares in the SpaceX supplier fell more than 2% on the news, however the stock has nearly tripled so far this year.
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Equinor Doubles Share Buyback to $3 Billion Under New Plan Targeting Fossil Fuel Growth
The energy company will spend more on oil and gas projects in a bid to grow production and increase shareholder returns.
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Qualcomm Is a Rare AI Chip Value Play
Smartphone exposure haunts the stock despite diversifying into cars and data centers.
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Hotel Owners Are Rebelling Against Marriott's Loyalty Program
Owners representing nearly 1,000 hotels demand Marriott revise the rules of its popular Bonvoy program.
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Ride-Hailing App Go Surges After Japan's Biggest IPO This Year So Far
Its shares surged, underscoring strong investor appetite for new listings amid a sustained rally in domestic equities.
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Anthropic, Trump Officials Seek Deal on Restoring Powerful Model Access
'Both parties are working quickly to get this resolved,' Anthropic says in its first public comments since it pulled the Fable and Mythos models.
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Judge Dismisses Elon Musk's xAI Trade-Secret Lawsuit Against OpenAI
The suit alleged OpenAI poached an xAI engineer who worked on a company chatbot.
(END) Dow Jones Newswires
June 16, 2026 07:00 ET (11:00 GMT)
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