Tech Giants' New AI Ad Tools Threaten Big Agencies
Large companies will eventually follow small ones in using AI to create ad campaigns-undermining the agencies that have ruled the business for years, analysts say.
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Tesco Sales Rise as Market Share Increases Despite Tough Competition
The U.K. grocer maintained its full-year expectations after like-for-like sales in its home market rose 5.1%, and edged up 4.1% in central Europe.
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Oracle Shares Jump as CEO Targets 'Dramatically Higher' Revenue Growth
The cloud-services company logged double-digit revenue growth in the fourth quarter and set its sights on even bigger gains in the fiscal year ahead, pushing shares higher after hours.
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How Amazon's Nuclear Deal Could Solve a Touchy Political Problem
The data-center agreement with Talen Energy could help ease fears of rising electricity prices for homeowners.
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ICE Raids Have Sent Latino Shoppers Into Hiding and Big Brands Are Hurting
Coca-Cola and other companies have seen a drop in sales due in part to a pullback by Hispanic consumers.
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Airbus Expects Air Traffic Growth to Fuel Demand for New Planes
The plane manufacturer said that the growth in air travel will require 43,400 new passenger and freighter aircraft deliveries over the next 20 years.
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At Home, Facing Debt and Tariffs, Plans to Close Some Stores in Bankruptcy
The home-goods retailer, owned by private-equity firm Hellman & Friedman, is expected to file for bankruptcy protection within days.
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Voyager Technologies Rises in Debut, Signaling Improving IPO Market
Shares of space- and defense-technology company Voyager Technologies climbed in their New York Stock Exchange debut, another sign of an improving market for initial public offerings.
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Chime Prices IPO Above Range, Valuing It at $9.8 Billion. The Stock Starts Trading Tomorrow.
Chime, a digital bank popular with younger customers, is the latest tech firm to go public. The stock will begin trading Thursday under the ticker symbol CHYM.
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Bojangles Is Exploring a Sale While the Fried-Chicken Market Is Hot
A transaction could fetch upward of $1.5 billion, roughly triple what it sold for in 2019.
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Allison Transmission to Buy Dana's Off-Highway Business for About $2.7 Billion
Allison said the deal will allow it to offer a wider range of commercial-duty powertrain and industrial solutions .
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Auto-Parts Bankruptcy Is the First Big Casualty of Tariff War
KKR's Marelli blames tariffs and lingering supply-chain issues stemming from the Covid-19 pandemic for its descent into chapter 11.
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Howard Schultz Backs Starbucks CEO Brian Niccol's Turnaround Approach
The influential former chief says doubters of the coffee chain's comeback plan will be proven wrong.
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Maker of Tommy Bahama says consumer caution is affecting 'fundamentally everything we sell'
Oxford Industries Inc. - the company that owns the Tommy Bahama and Lilly Pulitzer beach- and resort-wear lines - slashed its full-year profit outlook on Wednesday, sending shares lower in after-hours trade, as U.S. tariffs "significantly" complicate business.
(END) Dow Jones Newswires
June 12, 2025 07:00 ET (11:00 GMT)
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