Anne Wojcicki Wins Bidding for 23andMe
Regeneron is backing away from buying the DNA-testing company after a nonprofit controlled by co-founder Wojcicki made a higher bid.
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KKR Making Competing Bid for Equipment Maker Spectris
The private-equity firm plans to bid against rival Advent International, which submitted a roughly $5 billion proposal.
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The Score: J.M. Smucker, Warner Bros. Discovery, Boeing and More Stocks That Defined the Week
Here are some of the major companies whose stocks moved on the week's news
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Brookfield Strikes Deal to Buy Internet Provider Hotwire
Growing consumer demand for state-of-the-art fiber to power their devices has fiber mergers and acquisitions hot.
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The World's Largest Meatpacker Finally Makes Its NYSE Debut
Brazil's JBS directly listed its shares in the U.S. market, but the meat giant has faced corruption charges and pushback from environmentalists.
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RTX, Lockheed Martin, and Other Defense Stocks Surge as Israel and Iran Tensions Mount
Israel's attack on Iran lifted shares of military contractors while the overall market fell.
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Walmart and Amazon Are Exploring Issuing Their Own Stablecoins
Corporate coins could take payments activity away from banks and the traditional financial system.
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Groupe BPCE to Buy Novo Banco for $7.4 Billion
The French retail bank will buy the Portuguese lender from its majority owner Lone Star in the latest cross-border deal in European banking.
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The Only Remedy for Intel's Woes May Be a Breakup
A chip-manufacturing spinoff could help solve some of the company's thorniest issues.
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Chinese AC & Heat Tech Company Plans $1 Billion IPO in Hong Kong
China's Zhejiang Sanhua Intelligent Controls, a maker of refrigeration components, is planning a US$1 billion secondary listing in Hong Kong, underpinning the revival of the city's IPO market.
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Scale AI Gets Meta Investment That Values It at More Than $29 Billion
The data-labeling company said proceeds from the investment will be distributed to its shareholders, accelerate innovation and strengthen customer relationships.
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The Army's Newest Recruits: Tech Execs From Meta, OpenAI and More
Silicon Valley executives are joining a new innovation corps in the Army Reserve.
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Canada's Roots Bets Shoppers Will Pay Up for Clothes That Last
Canadian retailer Roots is counting on shoppers to continue to pay up for its durable sweatpants and hoodies, overcoming competition from lower-priced fast-fashion brands.
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Adobe Keeps Pivoting as AI Transforms Customer Needs
Adobe is making big changes to keep up with artificial intelligence, but investors aren't sold.
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Chime Financial Is the Latest IPO to Soar in Debut
Chime Financial's stock jumped in its stock-market debut Thursday, the latest sign the U.S. initial public offering market is awakening.
(END) Dow Jones Newswires
June 13, 2025 17:00 ET (21:00 GMT)
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