Dow Jones Top Company Headlines at 3 PM ET: Apple Unveils Array of New Software, but AI Comeback Remains Far Off | Synchrony ...

Dow Jones
Jun 10, 2025

Apple Unveils Array of New Software, but AI Comeback Remains Far Off

The iPhone maker introduced live language-translation capabilities and a broad software redesign. Some AI upgrades remain delayed.

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Synchrony Makes a Comeback in Credit Cards at Walmart

Walmart-backed fintech OnePay chose Synchrony to issue the retailer's credit cards. The company had handled Walmart's credit-cards for nearly two decades until 2018.

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Warner Discovery Splits Cable From Marquee Streaming, Studio Businesses

The entertainment company is contending with a hefty debt load and a sagging stock price.

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WPP CEO to Depart After String of Ad Client Defections

Chief Executive Mark Read-who has been at the company for more than 30 years-will retire from the board and as CEO on Dec. 31.

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Crane to Buy Baker Hughes Precision Sensors Line for $1.15 Billion

Crane has agreed to acquire Baker Hughes' sensor-based technologies company for total cash consideration of $1.15 billion as it looks to expand its own portfolio.

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Solar Bellwether's Bankruptcy Shows Green Energy's Woes Under Trump

One of America's largest rooftop-solar installation businesses filed for chapter 11 Monday, a stark illustration of the strains haunting the U.S. clean-energy sector as shifting federal policies shake investor confidence.

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Merck Pill Lowers Cholesterol Levels. By How Much Is the Critical Point.

The medication could face competition from AstraZeneca, which is testing a different oral PSCK9 inhibitor.

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Qualcomm to Buy Alphawave IP for $2.4 Billion

The deal for the U.K.-listed semiconductor company comes as Qualcomm seeks to boost its portfolio of technology for AI, data centers and storage.

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Ken Moelis to Step Down as CEO of His Investment Bank

The longtime dealmaker says he expects the "smoothest transition ever in the history of Wall Street."

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These Developers Can't Get Excited About Apple's AI Efforts

Some developers feel ambivalent about the artificial-intelligence releases expected to come out of Apple's annual developer gathering-a far cry from when WWDC was tech's main event.

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Starbucks Cuts Prices in China Amid Sluggish Sales. What We Know.

The company has contended with fierce competition and sluggish growth in China.

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RSM Plans $1 Billion Investment in AI Agents, Other Services

The accounting firm's U.S. unit plans to integrate generative AI into internal workflows and help middle-market companies with AI strategies.

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Insurance Broker Aon Rides Tailwind From Tariff Uncertainty

Aon CFO Edmund Reese reviews growth opportunities and says inflation has generally been a net positive for the company.

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Broadcom's AI Bonanza Has Limits

The chip and software giant is raking in money, but its valuation is sky-high.

 

(END) Dow Jones Newswires

June 09, 2025 15:00 ET (19:00 GMT)

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