financetom
Business
financetom
/
Business
/
PRESS DIGEST- Wall Street Journal - June 6
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
PRESS DIGEST- Wall Street Journal - June 6
Jun 5, 2024 9:40 PM

June 6 (Reuters) - The following are the top stories in

the Wall Street Journal. Reuters has not verified these stories

and does not vouch for their accuracy.

- The Federal Trade Commission is investigating whether

Microsoft ( MSFT ) structured one of its latest deals with an

artificial intelligence startup to avoid a government antitrust

review of the transaction.

- Elon Musk's startup xAI is planning to build a

supercomputer in Memphis, Tennessee.

- Chemical company Chemours named Shane Hostetter as their

new finance chief after suspending three top leaders earlier

this year amid an accounting probe.

- Google parent Alphabet named Eli Lilly ( LLY )

Chief Financial Officer Anat Ashkenazi as its next CFO after

nearly a yearlong search for a successor to Ruth Porat.

- New York Gov. Kathy Hochul directed the Metropolitan

Transportation Authority to indefinitely delay the June 30 start

of the plan to charge a $15 toll on vehicles traveling south of

60th Street in Manhattan.

- Boeing's ( BA ) Starliner spacecraft blasted off on

its first astronaut mission, a years-in-the-making flight that

the company and the National Aeronautics and Space

Administration had delayed several times.

(Compiled by Bengaluru newsroom)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Eversource Energy beats third quarter profit estimates on higher power rates
Eversource Energy beats third quarter profit estimates on higher power rates
Nov 4, 2025
Nov 4 (Reuters) - Eversource Energy ( ES ) beat Wall Street estimates for third-quarter profit on Tuesday, helped by higher rates for its services. Shares of the company rose 2% after the bell. U.S. utilities have sought rate increases to fund grid upgrades as electrical grids face extreme weather and growing demand from industrial electrification and data center expansion....
BRIEF-Rise Smart Group Holdings Ltd - Now Sees IPO Of 2,000,000 Ordinary Shares - SEC Filing
BRIEF-Rise Smart Group Holdings Ltd - Now Sees IPO Of 2,000,000 Ordinary Shares - SEC Filing
Nov 4, 2025
Nov 5 (Reuters) - Rise Smart Group Holdings Ltd : * RISE SMART GROUP HOLDINGS LTD - NOW SEES IPO OF 2,000,000 ORDINARY SHARES - SEC FILING * RISE SMART GROUP HOLDINGS LTD: REMOVES AMERICAN TRUST INVESTMENT SERVICES, INC AS UNDERWRITER TO IPO Source text: Further company coverage: ...
Carvana Insider Sold Shares Worth $4,122,764, According to a Recent SEC Filing
Carvana Insider Sold Shares Worth $4,122,764, According to a Recent SEC Filing
Nov 4, 2025
05:54 PM EST, 11/04/2025 (MT Newswires) -- Mark W. Jenkins, Chief Financial Officer, on November 01, 2025, sold 12,750 shares in Carvana ( CVNA ) for $4,122,764. Following the Form 4 filing with the SEC, Jenkins has control over a total of 206,142 Class A common shares of the company, with 206,142 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1690820/000170054025000009/xslF345X05/wk-form4_1762296427.xml ...
Mercury Systems Fiscal Q1 Adjusted Earnings, Revenue Rise; Shares Up After Hours
Mercury Systems Fiscal Q1 Adjusted Earnings, Revenue Rise; Shares Up After Hours
Nov 4, 2025
05:56 PM EST, 11/04/2025 (MT Newswires) -- Mercury Systems ( MRCY ) reported fiscal Q1 non-GAAP net income late Tuesday of $0.26 per diluted share, up from $0.04 a year earlier. Analysts polled by FactSet expected $0.09. Revenue in the quarter ended Sept. 26 rose to $225.2 million from $204.4 million a year earlier. Analysts expected $205.9 million. The company...
Copyright 2023-2026 - www.financetom.com All Rights Reserved