Nvidia Wins OK to Sell AI Chip to China Again After CEO Meets Trump
The U.S. will grant licenses for the H20 chip after it had announced restrictions in April.
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Rio Tinto Names Iron Ore Chief Simon Trott as CEO
The head of Rio Tinto’s lucrative iron-ore business will succeed Jakob Stausholm as chief executive next month, the company said Tuesday.
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Volvo Car to Take $1.2 Billion Hit From Tariffs, EV Launch Delays
The carmaker has been grappling with tariff uncertainty, muted electric-vehicle demand and intensifying competition in China.
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Japan NTT’s Data-Center Arm Plans Multibillion-Dollar Push on AI Demand
The Japanese telecom giant’s data-center arm is aiming to pour billions into its business to meet rising demand for artificial-intelligence computing and other uses, its chief executive said.
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Ericsson Earnings Beat Forecasts Despite Tariff Hit
The telecommunications-equipment company benefited from a larger share of sales in higher-margin countries, increased licensing revenue and cost savings.
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Trade Desk Stock Jumps After Company Added to S&P 500
It will replace Ansys, which is being purchased by S&P 500 constituent Synopsys.
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Starbucks Tells White-Collar Workers to Come to the Office More-Or Take a Buyout
The four-day minimum requirement will begin in the new fiscal year, and some leaders will have to relocate to Seattle or Toronto within 12 months.
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PE-Backed McGraw Hill, NIQ Global Intelligence Unveil IPO Terms
Education publisher McGraw Hill and consumer-intelligence provider NIQ Global Intelligence have unveiled terms of planned initial public offerings that could give each of the private equity-backed companies a multibillion-dollar market capitalization.
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Coinbase Is the Real Trump Trade as Stock Set for Record Closing High
The crypto exchange is on pace to finish with a market capitalization just under $100 billion.
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Grayscale Joins Queue of Crypto Firms Filing to Go Public
The company, controlled by billionaire Barry Silbert, is following Gemini and Circle in seeking to tap the public markets.
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Scholastic Became a Children’s Publishing Giant. Now It Needs a Turnaround.
The company, known for its hit children’s titles and book fairs, is restructuring and turning to YouTube to regain its footing-but it faces a steep climb.
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Air India Chief Says Preliminary Crash Report Raises Fresh Questions
Campbell Wilson told staff in a memo that the pilots had passed a mandatory preflight breathalyzer test.
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Elon Musk Floats a New Source of Funding for xAI: Tesla
The billionaire entrepreneur said Tesla shareholders would vote on investing in xAI as he seeks to tap his own companies to help fund his artificial-intelligence startup.
(END) Dow Jones Newswires
July 15, 2025 05:15 ET (09:15 GMT)
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