Aon Strikes Roughly $17 Billion Deal for Insurance Brokerage USI
Private-equity giant KKR has owned USI Insurance since 2017.
----
GameStop Expects Higher Profit Despite Lower Sales
The videogame retailer said it anticipates net income of $290 million to $310 million for its 13 weeks ended Aug. 1, up from net income of $168.6 million in last year's second quarter.
----
Huawei Profit Slumps by a Third on R&D Expenses, Raw-Material Costs
The Chinese technology behemoth reported a drop in first-half net profit despite higher revenue.
----
EU to Hold ChatGPT, Reddit, Roblox to Higher Standard of Scrutiny
The platforms will now have to comply with additional obligations such as taking steps to ensure their systems can't be misused to spread illegal content, influence elections or harm users.
----
Nissan, Honda Team Up on Systems, Software
Nissan Motor and Honda Motor have agreed to jointly develop key systems and software that form the core of next-generation vehicles, after a planned merger fell through last year.
----
Don't Count Shein Out Just Yet
Fierce competition and tariffs have left Shein's growth story in tatters, but it still has moves to make.
----
Corporate America's Profits Are Booming-and Signal More Good Times Ahead
Tariff refunds and the ever-resilient U.S. consumer are fueling the heftiest rise in big-company profits in years
----
China's Biggest Airlines Post Over $1 Billion Loss in First Half as Fuel Shock Bites
China's three largest state-owned airlines posted deeper losses, dragged by weak domestic pricing and high fuel costs spurred by the Middle East conflict.
----
The $5.5 Billion Perk SoftBank's Data-Center Venture Offered to Land OpenAI
SB Energy's agreement deepens its financial ties with the artificial-intelligence company in an effort to build out projects.
----
The World's Drinks Order Is In. Distillers Were Expecting More.
It's the corporate equivalent of ordering too much alcohol for a party where half the guests turn out to be dry. Except with billions of dollars at stake.
----
Nvidia Wants to Run the World's Robots. China Is an Eager Customer.
Chinese companies rely on American chips and software for "physical AI," a growing business where trade remains open under U.S. rules.