Apple to Raise Prices Due to Memory Chip Crunch, Tim Cook Says
The CEO tells the Journal in an exclusive interview that soaring costs make price increases "unavoidable."
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Trump Says Anthropic Negotiations Continue as AI Leaders Huddle at G-7
The president made his comments at a Group of Seven summit where some world leaders were concerned about losing access to leading AI tools.
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DOJ Defends Musk's xAI in Data-Center Pollution Lawsuit
The Mississippi facility is supporting the training and development of new AI models that the government is relying on for national-security purposes, the department says.
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Smith & Wesson Posts Higher Profit on Strong Handgun Sales
The firearms maker's shares rallied in after-hours trading, and it expects continued firearms demand in the current fiscal year.
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CarMax's Turnaround Is Taking Shape, Still Has Long Way to Go
Chief Executive Keith Barr, who stepped into the top role in March, said that the company's core operations aren't fast and efficient enough, and that its costs remain too high.
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CME Group's Terry Duffy to Step Down as CEO
The succession will mark the end of an era for the derivatives exchange, which transformed under Duffy's long run.
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Elon Musk Is Unleashing SpaceX's New War Chest to Solve His AI Problem
Buying AI coding agent Cursor in a $60 billion deal and renting out data-center capacity will give the company a launchpad to land more enterprise customers.
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Europe's Biggest Banking Deal in Years Is Getting Closer
Italian bank UniCredit is edging closer to its goal of taking over German rival Commerzbank, a landmark deal that would create a pan-European financial giant.
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Allbirds Names New CEO and Changes Name Again
Allbirds is changing its name to Smartbird and pivoting to an AI business, appointing Nadia Carlsten as its new chief executive.
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State Farm's AI Plan for Sales Agents Sparks Uproar. 'A Real Slap in the Face.'
AI tools and changes to contracts for 19,000 sales agents appear to be a response to the insurer's eroding status in the industry.
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Procter & Gamble Scripted Dramas Are Coming to a Supermarket Near You
Albertsons collaborated with the packaged-goods giant to produce 'Rico's Tacos,' a short-form series designed to help move products.
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Google Search Rankings Must Be Fairer, U.K. Watchdog Says
The U.S. company should provide advance notice of any significant changes to its search services, U.K. officials said, giving it six months to act under the country's digital markets competition rules.
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The Medicare Crisis for Insurers Is Over. The Easy Gains Are Too.
Insurers have rebounded as cost trends cool and the Trump administration eases up.
(END) Dow Jones Newswires
June 17, 2026 19:00 ET (23:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.