Dow Jones Top Company Headlines at 5 PM ET: on Semiconductor to Buy Synaptics in All-stock Deal with $7 Billion Enterprise Value | Bayer ...

Dow Jones06-26 05:00

ON Semiconductor to Buy Synaptics in All-Stock Deal with $7 Billion Enterprise Value

ON Semiconductor said Synaptics's AI compute platform, human-machine interface technology, and connectivity solutions would help it meet demand for increasingly capable AI solutions that can interact with the physical world.

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Bayer Wins Supreme Court Challenge Over Roundup Litigation

The decision will help the company in its bid to resolve thousands of claims that the popular weedkiller caused cancer.

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JPMorgan Shakes Up Dimon Succession Race With Two New Presidents

JPMorgan Chase named Doug Petno and Troy Rohrbaugh as co-presidents of the company, laying the groundwork to find candidates to succeed chief executive Jamie Dimon.

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Apple Raises Prices on Macs, iPads by $200 or More on Some Models

The increases come a week after Tim Cook said higher memory costs made them "unavoidable."

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FedEx Freight Guides for Growth After Spinoff from FedEx

The company expects revenue to grow 4% to 6% for June 1 to Dec. 31, and said the outlook reflects its confidence in the underlying strength of the business..

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Microsoft Increases Xbox Prices, Citing Soaring Memory Costs

Prices will go up by $100 for 512-gigabyte models and $150 for 1-terabyte models, effective Aug. 1.

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FCC's Carr Says ABC Is Running a 'Campaign of Misinformation' on Probe

The regulator says the Disney broadcaster's TV spots about the agency's inquiry into "The View" are misleading.

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U.S. Bans Polestar, Chinese-Owned EV Maker, From Selling Cars in the U.S.

A government rule prohibiting Chinese software in cars resulted in Polestar bowing out of the U.S. market.

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Meta Tried to Silence Her. Now She's Suing.

Sarah Wynn-Williams, a former Facebook policy executive, is suing Meta over its attempts to stop her from talking about her book, "Careless People," a New York Times bestseller.

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Germany's Merck to Boost Lab-Tools Business With $11 Billion Bio-Techne Deal

The proposed acquisition will be the company's biggest deal in more than a decade and represents an early move by new CEO Kai Beckmann to bolster the business.

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Darden Posts Higher Sales but Warns of Slower Growth

Darden posted higher profit and sales in its fiscal fourth quarter, once again led by its LongHorn Steakhouse brand, but expects growth to slow over the coming year.

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BlackBerry Sees New AI Opportunities as Embedded-Software Business Accelerates

The company lifted its fiscal 2027 outlook on higher first-quarter results, driven by embedded-software growth and expanding opportunities with artificial intelligence.

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Wendy's Meme Rally Took a Pause. Short Sellers Are on Watch.

The struggling fast-food chain is seeing more action than the red-hot memory-chip maker, which just posted stellar earnings.

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Winnebago Cuts Outlook Amid Declining Sales

The motorhome maker posted a fiscal third-quarter profit of $14.5 million, or 51 cents a share, compared with $17.6 million, or 62 cents a share, in the same quarter a year ago.

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McCormick Posts Higher Sales Amid Combination With Unilever

The maker of spices and seasonings reported higher sales in its fiscal second quarter, as it continues work to combine with Unilever's food business.

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Anthropic Claims Alibaba Ran 'Brazen' Campaign to Access Its Claude AI Model

U.S. artificial-intelligence lab Anthropic has accused Chinese e-commerce giant Alibaba of "illicitly" accessing its frontier model Claude to harvest its capabilities.

 

(END) Dow Jones Newswires

June 25, 2026 17:00 ET (21:00 GMT)

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