Paramount Agrees to Pay $16 Million to Settle Lawsuit by Trump
The president alleged CBS News committed election interference with its edit of a "60 Minutes" interview with former Vice President Kamala Harris.
----
Alibaba Readies $7 Billion Boost for Commerce Unit, Plans New Data Centers
The tech giant has been ramping up efforts to boost business growth in a bid to defend its place in China's tech and commerce industries, as well as grow abroad.
----
India's Biggest IPO Receives Bumper Response on Debut
The non-banking financial firm soared on its debut, signaling strong investor interest in India's largest initial public offering of the year.
----
Big Banks Raise Dividends, Boost Buybacks After Less-Stressful Stress Test
It's a sign that some of the world's most systemically important lenders are sitting on more than enough capital.
----
BYD, XPeng, and NIO Deliveries Jump. Why Tesla Is Under Pressure.
Chinese electric-vehicle makers post strong growth ahead of the release of Tesla's second-quarter deliveries.
----
Unicorn Startup That Makes 'Superhuman' Robots Plots Path to IPO
With a $1.65 billion valuation, California-based Dexterity has secured "unicorn" status. Its founder and chief executive Samir Menon is prioritizing growth for now.
----
Constellation Brands Profit, Sales Decline Amid Softer Consumer Demand
Widespread consumer weakness, including among its core Hispanic demographic, continued to weigh on sales of beer and wine.
----
Carbon Removal Startup Climeworks Fundraising Moves Past $1 Billion
Climeworks raised $162 million in its latest financing, as it pivots to offer credits in carbon removal outside of direct air capture.
----
Life Sciences Investor Catalio Raises $400 Million Venture Fund
Catalio says it has consistently returned capital to limited partners since its formation in 2020.
----
Malaysia Port Operator to Tap Investors Ahead of Multi-Billion Dollar IPO
The Malaysian port operator will start soliciting global investors next week ahead of its plans to raise up to $2.0 billion through an initial public offering, people familiar with the process said.
----
Design-Software Maker Figma Files for IPO
The company filed to list its shares on the New York Stock Exchange. The move comes after Figma's $20 billion sale to the software company Adobe fell apart in late 2023.
----
Sabadell Seeks Shareholder Approval of Nearly $4 Billion Sale of U.K. Unit to Santander
The final price is expected to rise to £2.9 billion, when including profits that are projected to flow in through the transaction's estimated completion, Sabadell said.
----
Lululemon Sues Costco Over Alleged Knockoff Activewear
Vancouver-based Lululemon asserts that Costco sells apparel that mimics the look and feel of its products.
----
Intralot to Acquire Bally's International Interactive in $3.18 Billion Deal
Intralot is paying €1.53 billion in cash and issuing €1.14 billion of new Intralot shares at an implied value of €1.3 apiece, the Greek company said.
----
Car Sales Cooled in June as Trump Bump Fades
Shoppers are no longer rushing to get ahead of tariff-related price increases.
(END) Dow Jones Newswires
July 02, 2025 03:00 ET (07:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.