Dow Jones Top Company Headlines at 5 PM ET: Justice Department Decision to Allow Paramount Deal Surprised Staff Investigators | Fox ...

Dow Jones
06/16

Justice Department Decision to Allow Paramount Deal Surprised Staff Investigators

Department staffers investigating the Warner acquisition were leaning toward recommending a challenge to the merger, people familiar with the matter say.

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Fox to Buy Roku Streaming Service in $25 Billion Deal

Competition for streaming audiences has been heating up, and the deal provides significant scale for both Fox and Roku.

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Anthropic Sued Over Limits on Its $200-a-Month AI Plans

The lawsuit, which is seeking class-action status, alleges the company oversold usage allowances on its priciest Claude chatbot tiers.

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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.

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Labor Board Rejects Whole Foods Challenge to Philadelphia Union Election

The National Labor Relations Board wrote that the company had raised "no substantial issues warranting review" of the election certification.

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Kohl's Names Former Foot Locker Exec as Chief Operating Officer

Elliott Rodgers will assume the role on Sept. 9, taking on responsibility for Kohl's enterprise operations including its stores, global supply chain and distribution centers, procurement and loss prevention, the retailer said.

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U.K. to Ban Under-16s From Major Social-Media Platforms

The move increases pressure on tech companies over claims they aren't doing enough to protect younger users from harmful content and addictive algorithms.

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Dave & Buster's Reports Lower First-Quarter Profit, Revenue as Comparable Sales Fall

The company reported a profit of $5.7 million as comparable store sales fell 5.4%.

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Australia's Sigma Withdraws Interest in U.K. Retailer Boots

Australia's Sigma Healthcare withdrew its interest in acquiring Boots, saying a deal for the U.K. drugstore chain wouldn't meet its strategic or capital-investment objectives.

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New Fund Backed by LVMH and Top Pro Athletes Invests in Activewear Brand

Cowboys quarterback Dak Prescott and Indiana Pacer Tyrese Haliburton are among the partners of the new fund investing nearly $50 million into Rhoback.

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Truist Names New CEO as Regional Bank Pushes to Boost Performance

Michael Lyons, previously Fiserv's CEO, will take the helm at the North Carolina-based lender in September.

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Saint-Gobain Shares Rise on $1.76 Billion Sale of Majority of Dahl Operations

The stock rose after the company struck a deal to sell its specialist distribution business Dahl in three Nordic countries to the Finnish retailer Kesko.

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Is the Luxury Handbag's Heyday Ending?

An $8 billion slide in sales shows attitudes toward designer bags are changing.

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Renault, Thales Team Up for Tactical-Vehicle Prototype for Armed Forces

The French companies unveiled the partnership as automakers gear up to collaborate with defense suppliers to play a larger role in weapons production.

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Mining Tycoon Gina Rinehart Buys Over $1 Billion SpaceX Stake

Australia's richest person has bought a more-than $1 billion stake in SpaceX.

 

(END) Dow Jones Newswires

June 15, 2026 17:00 ET (21:00 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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