Dow Jones Top Company Headlines at 5 PM ET: Trump, Paramount Engaged in Advanced Settlement Negotiations for CBS Lawsuit | Mark ...

Dow Jones
Jul 01, 2025

Trump, Paramount Engaged in Advanced Settlement Negotiations for CBS Lawsuit

The lawsuit alleged that Paramount's CBS edited its interview with the former vice president to make her sound better.

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Mark Zuckerberg Announces New Meta 'Superintelligence Labs' Unit

Alexandr Wang will be the chief AI officer, and Nat Friedman will lead the company's work on AI products.

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Boeing Names Ex-Lockheed Martin Executive to Succeed CFO Brian West

Boeing said Brian West, its chief financial officer, would depart the role later this summer and be succeeded by the former financial chief of Lockheed Martin.

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Robinhood Goes All In on Crypto With Major Product Push

The brokerage will allow European customers to trade more than 200 U.S. stocks and ETFs as digital tokens and is developing its own blockchain.

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Apple to Delay Some Feature Rollouts in EU, Citing Regulatory Hurdles

The company said it was still analyzing features that may not be available in the EU and was working to find solutions.

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Home Depot Wins Bidding War to Buy GMS for $4.3 Billion

Home Depot will buy building-products distributor GMS for about $4.3 billion, winning a bidding war over roofing-products distributor QXO.

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Moderna Shares Jump With Positive Test Results for MRNA Flu Vaccine

The biotechnology company's messenger RNA flu vaccine candidate showed positive results in a late-stage trial.

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Digital Workers Have Arrived in Banking

Financial services companies like BNY and JPMorgan say AI's capabilities are taking more and more cues from the way humans work.

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AbbVie Agrees to Acquire Capstan Therapeutics for $2.1 Billion

AbbVie agreed to acquire Capstan Therapeutics, including its lead asset, for $2.1 billion in cash.

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Boeing's $4.7 Billion Spirit AeroSystems Deal Faces U.K. Antitrust Probe

The deal could face delays, or be quashed, if the Competition and Markets Authority sees scope for a more in-depth probe.

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UBS Launches Buyback of Up to $2 Billion

The buyback program delivers on UBS's plans to hand money back to shareholders after the Swiss government proposed tougher capital rules for the bank earlier this month.

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Stanley Black & Decker Names Nelson to Succeed Allan as CEO

Stanley Black & Decker has designated Christopher Nelson to succeed Donald Allan Jr. as president and chief executive of the tool maker, effective Oct. 1.

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Avadel Shareholder Seeks Ousting Drugmaker's Entire Board

ASL Strategic Value Fund wants the narcolepsy drugmaker to retain investment bankers and consider a sale.

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Delta Air Lines Works to Recover After Storms Snarl Weekend Travel

Rough weather struck the carrier's Atlanta hub. Airlines have canceled more than 2,800 U.S. flights since Friday.

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Goldman Sachs Scraps Plans to Build Hotel Brand in Greece

The firm had big ambitions for three resorts with views of the Aegean Sea. It recently sold the properties, barely breaking even.

 

(END) Dow Jones Newswires

June 30, 2025 17:00 ET (21:00 GMT)

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