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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.

Molina Healthcare Wins Illinois Medicaid Managed Care Contract

June 10, 2026 23:31 ET Topstories2 30052024 lt

Molina Healthcare Inc. (MOH) announced that the Illinois Department of Healthcare and Family Services (HFS) intends to award a HealthChoice Illinois Medicaid Managed Care program contract to its Illinois health plan subsidiary, Molina Healthcare of Illinois. The new contract is expected to go live...

  • Humana To Sell Gentiva Minority Stake In $900 Mln Deal June 10, 2026 23:27 ET

    Humana Inc. (HUM) announced that it has entered into a definitive agreement with a consortium of investors to divest all or substantially all of its minority interest in Gentiva, a provider of end-of-life services including hospice and palliative care. The agreement values Humana's stake at approximately...

  • Texwinca Holdings Limited Reveals Increase In Full Year Income June 10, 2026 23:24 ET

    Texwinca Holdings Limited (TXW.F) reported a profit for its full year that Increased, from last year The company's bottom line came in at HK$160.69 million, or HK$0.116 per share. This compares with HK$116.07 million, or HK$0.084 per share, last year. The company's revenue for the period fell...

  • TENPOS HOLDINGS Co Ltd. Profit Drops In Full Year June 10, 2026 21:34 ET

    TENPOS HOLDINGS Co Ltd. (2751.T) announced earnings for full year that Dropped, from the same period last year The company's earnings totaled JPY1.894 billion, or JPY154.63 per share. This compares with JPY2.064 billion, or JPY169.05 per share, last year. The company's revenue for the period rose...

  • Tobila Systems Inc. H1 Sales Increase June 10, 2026 21:27 ET

    Tobila Systems Inc. (4441.T) released earnings for first half of JPY335 million The company's earnings came in at JPY335 million, or JPY32.85 per share. This compares with JPY335 million, or JPY34.41 per share, last year. The company's revenue for the period rose 22.0% to JPY1.674 billion from...

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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.

Top Biotech Gainers: PBLS Soars Over 50%, CLOV Rallies On Legal Win, RNAZ, TMCI On Watch

June 10, 2026 23:03 ET biotech1 18042024 lt

Today's top biotech gainers include Parabilis, following a strong debut on its first day of trading; Shoulder Innovations, which recently issued a rosy outlook for the year; and Clover Health, which won a legal victory in its dispute with the U.S. Department of Health and Human Services, among others.

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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