Kroger Profit Rises with Higher Sales
Kroger turned in higher sales and earnings in its fiscal first quarter as fuel revenue rose and its e-commerce business picked up gains.
----
Accenture Takes Majority Stake in Cyber Company Dragos
Consulting firm is also acquiring NetRise and runZero in combined $4.2 billion deal to offer cyber protection to industrial infrastructure.
----
Volkswagen Pushes Ahead With Restructuring as Pressures Mount
The automaker is moving forward with plans to restructure amid rising geopolitical tensions, intense competitive pressure and growing trade barriers.
----
BHP Flags $2.3 Billion Potash Write-Down as Costs Rise
The miner expects another cost overrun on a Canadian mine that is set to become one of the biggest sources of the fertilizer ingredient globally.
----
Intel Shares Surge After Trump Announces Apple Partnership
Intel stock rose over 7% premarket after the president said that Apple agreed to work with the company to design and build chips in the U.S.
----
The Company That Created the Checkbook Is Buying a Payment Processor
Deluxe is purchasing private-equity-backed Celero Commerce, which services small and midsize businesses, for $625 million.
----
Saudi Aramco Weighs Expanding Storage Capacity After Iran War
Aramco is considering expanding its global oil-storage network after the Iran war exposed the importance of strategic reserves in keeping crude flowing to customers.
----
EQT Agrees to Buy Intertek Group for $12.36 Billion
The cash price is a 38% premium to its closing price on April 15, the day before EQT confirmed the approach.
----
Apple to Raise Prices Due to Memory Chip Crunch, Tim Cook Says
The CEO tells the Journal in an exclusive interview that soaring costs make price increases "unavoidable."
----
Tesco Sales Bolstered by Online Growth
The company reported online growth of 8.9% in the U.K and of 17% in Central Europe.
----
Evonik to Cut 3,200 Jobs, Discontinue Polyester Unit
The specialty-chemicals company said the cuts would be phased in from 2027 through the end of 2029, and would include 2,150 positions in Germany.
----
Wall Street Hiring Dilemma: AI Can Model but Can't Make the Next Rainmaker
Executives are reluctant to slash jobs, with rainmakers often starting out as junior bankers performing rote tasks.
----
Besi Raises Long-Term Revenue, Profitability Targets on AI Boost
BE Semiconductor Industries raised its long-term revenue and profitability targets, citing increased demand for AI-related products.
----
Rumble gets 22,000 Nvidia chips, but the video company's CEO insists this isn't a fad-like pivot
Is Rumble's AI expansion just Allbirds 2.0 - or a move modeled after Elon Musk?
(END) Dow Jones Newswires
June 18, 2026 09:00 ET (13:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.