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A U.S. district judge has given the green light for a proposed $38 billion settlement tied to Visa Inc. (V) and Mastercard Incorporated( MA), stemming from a long-standing antitrust lawsuit filed by over 12 million merchants concerning credit card processing fees.

Honda Recalls More Than 880,000 Vehicles Over Rear Suspension Corrosion Risk

June 10, 2026 17:31 ET honda 10062026 lt

Honda Motor Co Ltd. (HMC) is recalling more than 880,000 SUVs and pickup trucks in the U.S. due to a rear suspension problem that could raise the risk of a crash.

General Motors Expands Battery And Energy Storage Strategy Amid Rising Power Demand

June 10, 2026 17:31 ET generalmotors 10062026 lt

General Motors Company (GM) is ramping up its battery and energy storage plans to tap into the increasing demand for electricity, particularly fueled by artificial intelligence and the rise of data centers.

Oracle Corp. Reveals Climb In Q4 Profit

June 10, 2026 16:12 ET Topstories2 30052024 lt

Oracle Corp. (ORCL) announced a profit for its fourth quarter that Increases, from last year The company's earnings totaled $4.22 billion, or $1.45 per share. This compares with $3.42 billion, or $1.19 per share, last year. Excluding items, Oracle Corp. reported adjusted earnings of $6.15 billion...

  • Commerzbank Raises Concerns Over UniCredit Takeover Offer June 10, 2026 13:34 ET

    Commerzbank AG (CBK.DE) on Wednesday raised concerns regarding UniCredit's (CRIN.DE) takeover offer, saying shareholder data continues to show no evidence of institutional investor support despite the offer's acceptance level reaching 10.95%. According to information collected from custodian banks,...

  • Fold Holdings Shares Surge 26% After Eliminating Secured Debt June 10, 2026 12:18 ET

    Fold Holdings, Inc. (FLD) shares climbed 26.21 percent, gaining $0.1608 to $0.7729 on Wednesday after the bitcoin financial services company announced a series of capital transactions aimed at strengthening its balance sheet and supporting future growth.

  • Casey's General Stores Shares Surge 16% June 10, 2026 11:01 ET

    Casey's General Stores, Inc. (CASY) shares jumped 16.10 percent, gaining $122.53 to $883.71 on Wednesday possibly after the convenience store operator reported strong fourth-quarter results, raised its dividend, and outlined an optimistic growth outlook for fiscal 2027.

  • Novelis Restarts Oswego Hot Mill In New York June 10, 2026 10:34 ET

    Aluminium rolling giant Hindalco Industries Limited (HID.F) Wednesday announced that its aluminum solutions provider, Novelis Inc. has restarted its hot mill at Oswego, its New York facility. With the hot mill operational, the company is working closely with customers to ramp up supply. Further, the...

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BARK Loss Widens In Q4, Sees Weak Revenues In Q1, FY27; Plans Up To $40 Mln Buyback; Shares Down

June 10, 2026 04:52 ET rttnewslogo20mar2024 lt

BARK, Inc. (BARK), a dog-centric company, reported wider loss in the fourth quarter of 2026 with sharply lower revenues amid drop in orders. Further, the firm issued outlook for its first quarter and fiscal 2027, expecting lower revenues. The company also announced that its Board of Directors authorized...

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

MAIA Activates Second U.S. Testing Site In Phase 2 THIO-101 For Ateganosine In Treating Lung Cancer

June 10, 2026 12:30 ET biotech1 18042024 lt

MAIA Biotechnology Inc. (MAIA), a clinical-stage biopharmaceutical company, on Wednesday, announced the expansion of the Phase 2 THIO-101 trial for Ateganosine in treating non-small cell lung cancer to a second clinical testing site in the U.S. Ateganosine (THIO, 6-thio-dG or 6-thio-2'-deoxyguanosine)...

J.Jill Reaffirms FY26 Outlook, But Stock Plunges 7.6%

June 10, 2026 07:11 ET earnings1 30052024 lt

While reporting financial results for the first quarter on Wednesday, lifestyle brand J.Jill, Inc. (JILL) initiated its net sales and comparable sales growth guidance for the second quarter and reaffirms sales outlook for the full-year 2026. For the second quarter, the company expects net sales decline...

South Korea Unemployment Data Due On Thursday

June 10, 2026 18:00 ET economy2 30052024 lt

South Korea will on Thursday release jobless figures for May, highlighting a light day for Asia-Pacific economic activity. In April, the unemployment rate was 2.8 percent. Malaysia will see unemployment numbers for April; in March, the jobless rate was 2.9 percent. Indonesia will release April...

  • Ten-Year Note Auction Attracts Above Average Demand June 10, 2026 13:08 ET

    The Treasury Department continued this week's series of announcements of the results of its long-term securities auctions on Wednesday, revealing this month's sale of $39 billion worth of ten-year notes attracted above average demand. The ten-year note auction drew a high yield of 4.538 percent and...

  • U.S. Crude Oil Inventories Slump Much More Than Expected June 10, 2026 10:36 ET

    Crude oil inventories in the U.S. decreased by much more than expected in the week ended June 5th, according to a report released by the Energy Information Administration on Wednesday. The EIA said crude oil inventories slumped by 7.2 million barrels last week after tumbling by 8.0 million barrels...

  • Bank Of Canada Leaves Interest Rates Unchanged Once Again June 10, 2026 10:10 ET

    In a widely expected move, the Bank of Canada announced on Wednesday that it has once again decided to leave interest rates unchanged. The Canadian central bank said it decided to hold its target for the overnight rate at 2.25 percent, with the Bank Rate at 2.5 percent and the deposit rate at 2.20 percent.

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The Campbell's Q3 26 Earnings Conference Call At 9:00 AM ET

June 08, 2026 07:00 ET rttnewslogo20mar2024 lt

The Campbell's Company (CPB) will host a conference call at 9:00 AM ET on June 8, 2026, to discuss Q3 26 earnings results. To access the live webcast, log on to https://investor.thecampbellscompany.com To listen to the call, dial (800) 715-9871 (US) or (646) 307-1963 (International), Conference ID: 3623156.

Warner Music Group To Buy Sureel AI

June 10, 2026 09:36 ET rttnewslogo20mar2024 lt

Warner Music Group Corp. (WMG) said Wednesday it has agreed to acquire Sureel AI as the music company looks to help artists, songwriters and other rightsholders get credit and compensation when their work is used in AI-generated content or to train AI models. Financial terms of the deal were not disclosed. Sureel's...

Shattuck Labs Announces Pricing Of 10.88 Mln Shares Public Offering At $4/Shr

June 10, 2026 01:37 ET rttnewslogo20mar2024 lt

Shattuck Labs, Inc. (STTK), a clinical-stage biotechnology company, on Wednesday revealed the pricing of its earlier announced public offering of 10.88 million shares of common stock at $4.00 per share. The company is also offering pre-funded warrants to purchase up to 7.87 million shares at $3.9999...

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