Rheinmetall Shares Slump After Reports That Germany Is Dropping Frigate Project
Shares fell as much as 16% in European morning trading, meaning the stock shed more than one third of its value since the start of the year.
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Prologis Rebuffed in $16.6 Billion Takeover Approach for U.K.'s Segro
The world's largest owner of industrial real estate said it sees a clear strategic rationale for a combination and urged Segro shareholders to encourage the board to engage.
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Sixteen Airbus A380s to Undergo Inspection After Cracks Found on Airplane Wings
Aircraft operated by Emirates and Qantas require inspections, with immediate checks needed for five of the jets.
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Nike Names Pfizer's Denton as Next CFO
David Denton's appointment, effective Aug. 17, comes as the company struggles to execute a turnaround, with sales dropping in the company's key China market and weakness in the Europe, Middle East, and Africa region.
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SoftBank's Son Sets Bold Net Asset Value Target on Promise of 'Super AI'
Masayoshi Son wants to bring SoftBank's net asset value to $6.189 trillion in the next decade.
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Agility, Maker of Humanlike Robots, to Go Public in $2.5 Billion SPAC Deal
Agility's humanoid robot, Digit, is used at manufacturing facilities and warehouses by companies such as Amazon.
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Alibaba Files Lawsuit Against Pentagon Seeking Removal From Military List
Alibaba Group filed a lawsuit against the U.S. Department of Defense in a San Jose federal court.
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Will Anyone Buy This Cheap EV Truck With Hand-Crank Windows and No Radio?
Slate Auto's all-electric truck, priced in the mid-$20,000s, aims to prove that affordable cars can be both profitable and adored.
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FedEx Revenue Rises on Growth in Package Yields, Volume
FedEx logged higher revenue in its latest quarter on higher shipping rates and volumes, but its profit ticked down.
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SpaceX pulls off one of the biggest AI debt deals yet
The offering is set to close on Friday and help SpaceX pay off its existing debt
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Cerebras Revenue Soars in First Quarter, Forecasts Full-Year Negative Margins
The company said it expects its operating margins to remain negative and under pressure through the end of the year.
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Google-Parent Alphabet to Replace Verizon in Dow Jones Industrial Average
The change will take effect before the market opens on June 29, said S&P Dow Jones Indices, which manages the index.
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Florida Attorney General Issues Subpoena to CVS Health in Pharmacy Probe
Florida's attorney general says he is examining whether CVS's pharmacy benefit manager steers patients to its own pharmacies.
(END) Dow Jones Newswires
June 24, 2026 05:00 ET (09:00 GMT)
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