GM in Talks to Supply Weapons Parts to Lockheed Martin
The automaker seeks to grow its defense subsidiary as the U.S. aims to replenish munitions supplies.
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Justice Department Decision to Allow Paramount Deal Surprised Staff Investigators
Department staffers investigating the Warner acquisition were leaning toward recommending a challenge to the merger, people familiar with the matter say.
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Judge Dismisses Elon Musk's xAI Trade-Secret Lawsuit Against OpenAI
The suit alleged OpenAI poached an xAI engineer who worked on a company chatbot.
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Labor Board Rejects Whole Foods Challenge to Philadelphia Union Election
The National Labor Relations Board wrote that the company had raised "no substantial issues warranting review" of the election certification.
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Kohl's Names Former Foot Locker Exec as Chief Operating Officer
Elliott Rodgers will assume the role on Sept. 9, taking on responsibility for Kohl's enterprise operations including its stores, global supply chain and distribution centers, procurement and loss prevention, the retailer said.
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Dave & Buster's Reports Lower First-Quarter Profit, Revenue as Comparable Sales Fall
The company reported a profit of $5.7 million as comparable store sales fell 5.4%.
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ARK Buys Millions of SpaceX Shares. Cathie Wood Doubles Down on Elon Musk.
Cathie Wood's ARK Invest funds held roughly 3.29 million shares of SpaceX by the end of June 12, the day Elon Musk's company went public.
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Fox to Buy Roku Streaming Service in $25 Billion Deal
Competition for streaming audiences has been heating up, and the deal provides significant scale for both Fox and Roku.
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Anthropic Sued Over Limits on Its $200-a-Month AI Plans
The lawsuit, which is seeking class-action status, alleges the company oversold usage allowances on its priciest Claude chatbot tiers.
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Truist Names New CEO as Regional Bank Pushes to Boost Performance
Michael Lyons, previously Fiserv's CEO, will take the helm at the North Carolina-based lender in September.
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Shares of German Satellite Maker OHB Fall on Plans for $578 Million Capital Raise
The company said the funds would be used for the development of production facilities, strategic acquisition opportunities and investments in launch vehicles.
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New Fund Backed by LVMH and Top Pro Athletes Invests in Activewear Brand
Cowboys quarterback Dak Prescott and Indiana Pacer Tyrese Haliburton are among the partners of the new fund investing nearly $50 million into Rhoback.
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Saint-Gobain Shares Rise on $1.76 Billion Sale of Majority of Dahl Operations
The stock rose after the company struck a deal to sell its specialist distribution business Dahl in three Nordic countries to the Finnish retailer Kesko.
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U.K. to Ban Under-16s From Major Social-Media Platforms
The move increases pressure on tech companies over claims they aren't doing enough to protect younger users from harmful content and addictive algorithms.
(END) Dow Jones Newswires
June 15, 2026 21:00 ET (01:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.