Inditex Sales Miss Expectations
Growth at the Zara owner slowed compared with last year as the fast-fashion industry grapples with global trade disputes.
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Switch 2's Record Sales Make It Nintendo's Fastest-Selling Console
Nintendo has sold over 3.5 million units of its first new gaming device in eight years since its launch.
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Musk Says Tesla Robotaxi Launch Tentatively Planned for June 22
Musk has portrayed the launch of driverless vehicles as central to Tesla's future success and valuation, saying that robots and self-driving cars could propel Tesla's market value to at least $30 trillion.
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DHL to Invest Over $570 Million in Fast-Growing Middle East Markets
The region was witnessing growth through multinationals expanding their operations and Gulf- and Middle East-based businesses growing their exports, it said.
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Google Expands Buyout Program in Push to Ramp Up AI Spending
U.S. employees across multiple divisions offered chance to leave with severance.
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Meta in Talks to Invest $14 Billion in Scale AI, Hire CEO Alexandr Wang
The planned deal is part of a broader revamp of Meta's AI leadership after its struggles to build the technology.
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GM Plans $4 Billion Investment to Boost U.S. Manufacturing
The move gives the company the ability to assemble more than two million vehicles a year in the U.S., GM said.
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Foshan Haitian Seeking to Raise Over $1 Billion in IPO
Shanghai-listed Foshan Haitian Flavouring & Food is the latest Chinese company seeking a secondary listing in Hong Kong.
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X's Sales Pitch: Give Us Your Ad Business or We'll Sue
Elon Musk and CEO Linda Yaccarino launched a campaign to strong-arm advertisers back onto the platform.
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The Media and Entertainment Deal Machine Is Revving Up
Warner Bros. Discovery's new plan to split up marks companies' latest effort to adapt to streaming, and more moves are expected.
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Cyberattack on Food Distributor Leaves Supermarket Shelves Running Low
United Natural Foods, a company that serves Whole Foods and other retailers, says it is working to get its systems back online.
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PwC Overhauls U.S. Advisory Arm, Boosts Hiring to Offer More Industry-Specific Services
PricewaterhouseCoopers is overhauling the structure of its U.S. advisory business and hiring for thousands of roles as it sees recovering demand for such services.
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GameStop Swings to Profit, Sales of Collectibles Up 54%
Sales of both software and the hardware and accessories category fell during the quarter.
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Dave & Buster's Profit Drops on Lower Revenue
The company made almost the same amount of revenue year-over-year from food and beverage. Entertainment revenue from arcade games, live sports events and merchandise, meanwhile, fell 5%.
(END) Dow Jones Newswires
June 11, 2025 03:00 ET (07:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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