JPMorgan Is Revamping Its Bank for the Superrich to Cater to Global Clientele
David Frame is named global head of the private bank, helping deep-pocketed clients invest more abroad.
—-
Tesla Is in Disarray. Musk Has Already Moved Beyond Caring About Cars.
The electric-vehicle maker has an aging lineup and slumping sales, but its CEO has shifted his focus to robotaxis and robots.
—-
Inside Trump and Paramount’s Wrangling Over the ’60 Minutes’ Settlement
Concerns about bribery allegations, angry CBS News staff and a looming high-stakes merger made for tense monthslong negotiations.
—-
Airbus, ASML, Mistral Ask EU to Pause AI Rules
CEOs said the bloc’s ability to become a leader in nascent AI is being disrupted by overlapping and complicated regulations.
—-
Starboard Takes More Than 9% Stake in Tripadvisor
The travel-review company’s shares have fallen after it rejected takeover offers last year.
—-
U.S. Eases Some Chip Software Curbs on China
The U.S. has lifted some curbs on exports of chip-design software to China, according to three companies that say they are working to restore access to recently restricted products.
—-
Tech Earnings Are Around the Corner. Keep an Eye Out for These Themes.
All of the Magnificent Seven companies, except for Nvidia, are expected to report their next set of financial results at the end July.
—-
Advanced Micro Devices CEO to Get Raise, $33 Million Equity Award
All of the five AMD executives included in the securities filing are getting a raise between 3% and 5%.
—-
Microsoft to Lay Off About 9,000 Workers
The cuts represent less than 4% of the company’s global workforce and come on top of about 6,000 roles it eliminated in May.
—-
Centene Faces Earnings Crunch as More Healthy Americans Exit Insurance Plans
The health-insurance provider is reckoning with multiple threats to its business, potentially leaving it with fewer and less-healthy enrollees signed up to its health-insurance plans.
—-
Continental Expects Limited Autos Hit From U.S. Tariffs
Continental said it expects its automotive division to face a limited impact from U.S. tariffs on auto parts due to a high share of imports that comply with the USMCA trade agreement.
—-
Del Monte Foods Files for Bankruptcy After Post-Pandemic Consumer Pullback
The packaged-foods company has lined up $165 million in new bankruptcy loans and hopes to sell its assets as going concerns.
(END) Dow Jones Newswires
July 03, 2025 09:15 ET (13:15 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.