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Trump Delays TikTok Ban for a Third Time

The president gave the Chinese-controlled video app another reprieve from a 2024 bipartisan law requiring its sale or closure.

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Home Depot Bid Kicks Off Battle for $5 Billion Building-Products Company

Retailing giant submitted a bid for distributor GMS, which already received an unsolicited offer from serial dealmaker Brad Jacobs this week

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SpaceX's Starship Explodes During Ground Test

The setback was the latest in what has become an increasingly important bet for Elon Musk.

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The Real Message Andy Jassy Is Sending to Employees on AI

Amazon's delivery workforce is safe for now, but its office staffers need to get on the artificial-intelligence bandwagon.

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OpenAI Changes Price Structure for Business Version of ChatGPT

OpenAI is changing how it sells the business version of its ChatGPT chatbot, amid increasingly heated competition.

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Microsoft Plans to Cut Thousands More Employees

A new round of workforce cuts at the Redmond, Wash.-based tech giant comes as the company makes a costly push into AI.

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Canada Antitrust Watchdog Calls For Easing of Foreign-Ownership Limits in Airline Sector

The country's two major airlines, Air Canada and WestJet, account for about half to three-quarters of domestic passenger traffic, the bureau said.

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EU Court Advisor Backs Google's $4.7 Billion Android Fine

A top adviser to the EU's highest court backed the penalty imposed by EU antitrust regulators, in a blow to Google's yearslong battle against the fine.

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Switzerland's New Capital Rules Will Be Feasible for UBS, Central Bank Says

The required capital increase will be achievable for the banking giant and shouldn't excessively reduce its shareholder distributions, the Swiss National Bank said.

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Mars Misses EU Deadline for Kellanova's $30 Billion Deal Remedies

The European Commission had not received by Wednesday's deadline any remedies from Mars for its deal to take over the Pringles maker, which it agreed to buy last August.

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Rio Tinto Agrees to Settle Mongolia Copper Mine Lawsuit

The company agreed to pay $138.75 million to resolve a class-action lawsuit that alleged the company concealed problems during the expansion of a giant copper mine in Mongolia.

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Bank of Montreal to Buy Burgundy Asset Management

The $456.4 million acquisition expands the bank's wealth management segment as well as strengthen its offering in the Canadian Investment Counsel space, the companies said.

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Caris Life Sciences Jumps in Debut, Latest Win for Healthcare IPOs

Cancer-testing company raises $494 million in initial public offering.

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Boeing 787 Crash: What We Know and What Comes Next

Investigations are focused on the engines and why the plane lost lift shortly after takeoff.

 

(END) Dow Jones Newswires

June 19, 2025 21:00 ET (01:00 GMT)

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