Amazon Turns Prime Day Into Prime Week
The retailer is doubling the length of this year's promotion, aiming to lure in more shoppers and nab new Prime members.
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Meta Hires Top Apple AI Expert, Continuing Zuckerberg's Recruitment Push
Mark Zuckerberg wooed another elite researcher with a pay package in the tens of millions.
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Samsung Expects Operating Profit to Halve
The South Korean technology giant has been struggling to catch up with smaller chip-making rivals SK Hynix and Micron Technology, which have benefited from brisk shipments of higher-end AI chips.
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Exxon just warned Wall Street of billion-dollar profit hits. Here's what may cause it.
Exxon flags potential hit in profit just as OPEC and allies announce larger production increases.
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Dow increases layoffs to more than 2,000 as demand for building materials remains weak
Dow to close three plants and cut 800 jobs in addition to the 1,500 job cuts announced in January.
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More Pressure Mounts on Health Insurers as Costs Continue to Rise
Molina Healthcare is the latest to warn it won't meet Wall Street expectations as it spends more on care in Medicaid, Medicare and Affordable Care Act plans.
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Tariffs Push Gift-Wrap Maker DGA to Bankruptcy
The bankruptcy of its major customer, fabrics and crafts supplier Joann, helped push the company over the edge.
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FTX's Chinese Customers in Limbo Over Local Crypto Crackdown
Defunct exchange says holders of 5% of all crypto claims are in China or other areas where crypto transactions are restricted.
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CoreWeave to Acquire Core Scientific in $9 Billion Deal
CoreWeave will acquire Core Scientific in an all-stock transaction valued at approximately $9 billion.
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Mercedes-Benz Quarterly Vehicle Sales Hit by U.S. Tariffs
Car and van sales fell 9% in the second quarter as Trump's auto tariffs began to bite.
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Baxter International Names Hider as Next CEO
Andrew Hider will join Baxter from Canada's ATS. Shares of ATS fell.
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BlackRock Acquires ElmTree Funds as It Continues Private-Markets Push
The real estate-focused firm will be added to an internal BlackRock group that now includes HPS Investment Partners.
(END) Dow Jones Newswires
July 08, 2025 01:00 ET (05:00 GMT)
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