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US senator asks regulator to reject giant NextEra-Dominion power deal, filing

By Laila Kearney NEW YORK, June 29 (Reuters) - U.S. Senator Angus King is urging the country's top energy regulator to reject NextEra Energy's proposed $66.8 billion acquisition of Dominion Energy, saying the deal would consolidate too much power in the hands of one company, ...
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Michigan judge blocks Kalshi from allowing residents to place sports bets

By Nate Raymond June 29 (Reuters) - A Michigan judge on Monday blocked prediction market operator Kalshi from continuing to allow people in the state to place financial bets on sporting events after the state's attorney general accused it of violating state gaming law. Ingham County ...
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Self-exiled Chinese billionaire Guo Wengui gets 30 years in US prison for fraud conviction

NEW YORK (AP) - A self-exiled billionaire Chinese business tycoon once believed to be among China's wealthiest men was sentenced Monday to 30 years in a U.S. prison for a massive financial fraud that a federal judge said cost over 1,000 people worldwide hundreds ...
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Uber, Waymo end robotaxi partnership in Phoenix 

By Juby Babu June 29 (Reuters) - Uber and Alphabet's Waymo have ended their self-driving partnership in Phoenix, Arizona, as the ride-hailing giant prepares to launch a new autonomous vehicle collaboration in the city. Under the partnership struck in 2023, Uber had integrated Waymo's autonomous vehicles ...
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Wall Street opens higher as US, Iran halt attacks

June 29 (Reuters) - Wall Street's main indexes opened higher on Monday as easing tensions in the Middle East lifted sentiment following days of hostilities between the U.S. and Iran. The Dow Jones Industrial Average rose 119.0 points, or 0.23%, at the open to 51,995.14. ...
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Honeywell Aerospace rises in Nasdaq debut

By Aatreyee Dasgupta June 29 (Reuters) - Honeywell Aerospace shares rose 7% in their Nasdaq debut on Monday, marking another step in the three-way split of manufacturing giant Honeywell. Shares of the aircraft engine, parts and defense systems maker opened at $236.78 apiece, versus $221.01 at ...
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Analysis-Volkswagen CEO targets power shift alongside deep cuts

By Christoph Steitz FRANKFURT, June 29 (Reuters) - Volkswagen CEO Oliver Blume's plan to cut up to 100,000 jobs and close high-cost German factories is about more than cost savings: it could also mark an attempt to challenge a corporate structure that has long held ...
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US Supreme Court takes up Pepsi ‘Mtn Dew Rise’ trademark dispute

By Blake Brittain WASHINGTON, June 29 (Reuters) - The U.S. Supreme Court agreed on Monday to hear a bid by canned-coffee maker Rise Brewing to hold PepsiCo liable for alleged trademark infringement concerning Pepsi's morning energy drink "Mtn Dew Rise." The justices took up Rise's appeal ...
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As JPMorgan succession takes shape, insiders say this time it is for real 

By Anirban Sen, Nupur Anand and Manya Saini NEW YORK, June 29 (Reuters) - Over the years JPMorgan Chase CEO Jamie Dimon has talked many times about succession - but a date to hand over the baton seemed elusive. This time, sources said, the plan ...
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Trump’s tariffs aren’t saving jobs at Whirlpool’s Iowa refrigerator plant

By Timothy Aeppel AMANA, Iowa, June 29 (Reuters) - If any company stood to gain from President Donald Trump's trade war, it was Whirlpool and the workers assembling its iconic appliances in Iowa. But at its "Big Blue" refrigerator plant, so named because of its robin's-egg-colored ...
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Kara Swisher took Silicon Valley by force. Now she’s eyeing influence in the 2028 campaign

WASHINGTON (AP) - Kara Swisher is everywhere. She's filling in for Joy Behar on ABC's "The View." Appearing alongside Meryl Streep in "The Devil Wears Prada 2." Starring in a CNN documentary. Preparing a national tour. And churning out four podcasts most weeks featuring long-form ...
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Martin Marietta to combine with Lhoist North America in $13.5 billion deal, WSJ reports

June 29 (Reuters) - Martin Marietta Materials has struck a deal to merge with limestone supplier Lhoist North America in a deal worth $13.5 billion, including debt, the Wall Street Journal reported on Monday, citing people familiar with the matter. Shares of the Raleigh, North ...
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