11:15 AM EDT, 07/02/2025 (MT Newswires) -- (Updates to include recent stock movement in the headline and first paragraph.) Enovix ( ENVX ) shares were up more than 8% in recent Wednesday trading after the company said its board approved a repurchase program for up to $60 million shares. The buyback authorization is effective from June 30, and any unused...

(Reuters) -A Democrat on the Federal Communications Commission called Paramount's $16 million settlement to resolve a lawsuit filed by U.S. President Donald Trump over a CBS News' 60 Minutes interview broadcast with rival Kamala Harris a desperate move to secure approval of a merger. Paramount needs approval from the FCC for an $8.4-billion merger with Skydance Media. FCC Commissioner Anna...

(Reuters) -General Dynamics Electric Boat, the submarine making unit of General Dynamics, said on Wednesday it received a $1.85 billion modification on its previously awarded contract for Virginia-class submarines. The modification is for long lead time material and preliminary construction efforts for the nuclear powered submarines, the company said. The award, first posted on the Pentagon's website on June 26,...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...