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Amazon.com Inc. (AMZN) has struck a deal to buy billions of dollars' worth of optical fiber from Corning Incorporated over the coming years, all to back the fast growth of its U.S. data center infrastructure.

  • Apple Unveils Siri AI June 08, 2026 16:07 ET

    Tech giant Apple Inc. (AAPL) on Monday unveiled Siri AI, a completely redesigned version of Siri powered by Apple Intelligence. The new assistant is available for developer testing immediately and will be released as a beta later this year. Apple said Siri AI can understand personal context across...

  • Tate & Lyle Stock Up On $3.6 Bln Cash Deal To Be Bought By Ingredion June 08, 2026 07:11 ET

    Shares of Tate & Lyle Plc were gaining around 14% on the London Stock Exchange after the British sweetener and food solutions firm announced Monday its agreement to a 595 pence per share all-cash deal to be bought by U.S. food ingredients maker Ingredion Inc. The cash consideration values Tate & Lyle at around 2.7 billion pounds or $3.6 billion, with an implied enterprise value of...

  • Anthropic Co-Founder Calls For A 'Brake Pedal' As Self-Improving AI Systems Approach June 05, 2026 17:27 ET

    Jack Clark, co-founder of Anthropic, is sounding the alarm about the need for the AI industry to create ways to slow down or even halt the rapid development of advanced AI. He warns that we're nearing a point where these systems might improve themselves without any human input.

Lavazza Brings Tablì Espresso Tablets To U.S., Challenging Single-Serve Coffee Outlets

June 08, 2026 16:22 ET lavazza 08062026 lt

Italian coffee brand Lavazza is making its mark in the U.S. with Tablì, a new single-serve coffee system featuring compressed coffee tablets made entirely from ground coffee. This product was first introduced in Italy last year and is set to officially launch in the U.S. this coming August.

UAL CEO Says No Major U.S. Airline Mergers Expected After American Rebuffs Deal Idea

June 08, 2026 16:17 ET scottkirby 08062026 lt

United Airlines Holdings, Inc. (UAL) CEO Scott Kirby believes we won't see any major mergers among U.S. airlines anytime soon.

Taylor Wimpey Director Clodagh Moriarty To Step Down From Board; Joins Dunelm As CEO

June 09, 2026 02:36 ET Topstories2 30052024 lt

Taylor Wimpey plc (TW.L, TWODY), a homebuilder, on Tuesday announced that independent Non-Executive Director Clodagh Moriarty intends to step down from the board. Moriarty said she is leaving the board to focus on her role as Chief Executive Officer of Dunelm Group plc (DNLM.L). The company said...

  • Apple Unveils New Child Safety And Parental Control Features June 09, 2026 02:13 ET

    Apple Inc. (AAPL) announced a range of new child safety and parental control features that will roll out with its software updates this fall, expanding the tools available to help parents manage their children's online activities. The updates include a simplified child account setup process, a new...

  • NIO Objects To U.S. Department Of Defense Listing As "Chinese Military Company" June 09, 2026 02:02 ET

    NIO Inc. (NIO), a Chinese electric vehicle manufacturer, on Tuesday called the decision by the U.S. Department of Defense to add the firm to "Chinese Military Companies" list unjustified. The company claimed that it is not a Chinese military company or a military-civil fusion contributor to the Chinese...

  • Alibaba Denies CMC Status, Confirms Business Continuity June 09, 2026 01:53 ET

    Alibaba Group Holding Ltd. (BABA, 9988.HK), an e-commerce and technology company, on Monday said the U.S. Department of Defense has included the company on its list of Chinese Military Companies. The company said it believes the inclusion is a mistake and that there is no basis to conclude Alibaba...

  • Dutch Authority Blocks Glaspoort Acquisition, KPN To Review Decision June 09, 2026 01:45 ET

    Koninklijke KPN N.V. (KPN.AS, KKPNY, KPN), a Dutch telecommunications and IT provider, responded to the decision by the Dutch Authority for Consumers and Markets or ACM to prohibit Glaspoort's proposed acquisition of about 200,000 fiber-to-the-home connections from DELTA Fiber. KPN said it regrets...

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Fuelcell Energy Reports Wider Q2 Loss, Shares Up In Pre-market

June 08, 2026 09:13 ET rttnewslogo20mar2024 lt

Fuelcell Energy, Inc. (FCEL) reported wider loss for the second quarter of 2026, while the loss per share narrowed in the same quarter. In the pre-market hours on the Nasdaq, the shares were trading 3.58 percent up at $17.95, after closing Friday's regular trading at 19.02 percent down. Net loss...

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.

IDEAYA Prices $300 Mln Offering Of Stock And Warrants; Stock Down

June 09, 2026 02:22 ET biotech1 18042024 lt

IDEAYA Biosciences, Inc. (IDYA), a clinical-stage oncology company, announced the pricing of an underwritten public offering of 5.56 million shares at an offering price of $27.00 per share and pre-funded warrants to purchase up to 5.56 million shares at an offering price of $26.9999 per pre-funded warrant....

  • Top Biotech Gainers: TNGX Hits New High, ALVO Moves Closer To FDA Approval, ZVRA, IDYA Turn Heads June 08, 2026 22:41 ET

    Today's top gainers include Tango Therapeutics, following encouraging pancreatic cancer trial data; Aspire Biopharma, ahead of upcoming milestones; Alvotech, after FDA acceptance of its interchangeable biosimilar to Entyvio for review; and Zevra Therapeutics, on actions strengthening exclusivity for MIPLYFFA, among others.

  • CorMedix Secures Federal Circuit Win In MINOCIN Patent Case June 08, 2026 11:38 ET

    CorMedix Therapeutics (CRMD) announced that the U.S. Court of Appeals for the Federal Circuit has affirmed a prior ruling in favour of its subsidiary Melinta Therapeutics, upholding the validity of patents covering MINOCIN for Injection and confirming infringement by Nexus Pharmaceuticals proposed generic product.

  • Ionis Appoints Hantson As Board Of Director, Effective Immediately June 08, 2026 11:36 ET

    Ionis Pharmaceuticals, Inc. (IONS), a commercial-stage biotechnology company, announced the appointment of Ludwig Hantson as a Board of Director, effective immediately. Hantson brings more than 30 years of leadership experience from biopharmaceutical and medical device companies. He served as the...

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Fuelcell Energy Reports Wider Q2 Loss, Shares Up In Pre-market

June 08, 2026 09:13 ET earnings1 30052024 lt

Fuelcell Energy, Inc. (FCEL) reported wider loss for the second quarter of 2026, while the loss per share narrowed in the same quarter. In the pre-market hours on the Nasdaq, the shares were trading 3.58 percent up at $17.95, after closing Friday's regular trading at 19.02 percent down. Net loss...

Japan M2 Money Stock Climbs 2.5% On Year In May

June 08, 2026 20:05 ET economy2 30052024 lt

The M2 money stock in Japan was up 2.5 percent on year in May, the Bank of Japan said on Tuesday - coming in at 1,298.1 trillion yen. That follows the 2.3 percent annual increase in April and the 2.0 percent gain in March. The M3 money stock was up 1.7 percent at 1,642.4 trillion yen, while M1...

  • South Korea GDP Gains 1.8% In Q1 June 08, 2026 20:02 ET

    South Korea's gross domestic product expanded a seasonally adjusted 1.8 percent on quarter in the first quarter of 2026, the Bank of Korea said on Tuesday. That was up from 1.7 percent in last month's advance estimate following the upwardly revised 0.1 percent contraction in the previous three months...

  • South Korea GDP Data Due On Tuesday June 08, 2026 18:01 ET

    South Korea will on Tuesday release Q2 figures for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. GDP is expected to rise 1.7 percent on quarter and 3.6 percent on year after slipping 0.2 percent on quarter and adding 1.6 percent on year in the previous three months. Japan...

  • Slovakia Construction Output Growth Eases In April June 08, 2026 08:18 ET

    Slovakia's construction production growth moderated after accelerating sharply in the previous month. Construction output grew 13.2 percent year-on-year in April, slower than the 29.9 percent surge in March. However, this was the strongest April performance in eighteen years. The overall sharp growth was driven by a 20.0 percent expansion in domestic new construction.

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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.

GSK To Acquire Nuvalent For $124/shr; To Be Accretive To Core EPS In 2029

June 09, 2026 02:29 ET rttnewslogo20mar2024 lt

GSK plc (GSK, GSK.L) has entered an agreement to acquire Nuvalent, Inc. (NUVL), a clinical-stage biopharmaceutical company focused on creating precisely targeted oncology therapies, for $10.6 billion. The company noted that the acquisition includes three products in lung cancer in a single transaction....

SpaceX Aims To Raise Around $75 Bln In IPO, Musk May Become World's First Trillionaire

June 04, 2026 07:12 ET spacexx 26032026 lt

Elon Musk's Space Exploration Technologies Corp. or SpaceX aims to price its initial public offering or IPO of around 556 million shares at $135.00 per share, with a view to raising around $75 billion, making it the largest stock market debut in history. With the planned IPO, spacecraft maker SpaceX's market valuation is estimated to reach $1.77 trillion, beating that of its sister concern Tesla Inc.

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