• Nippon Steel CEO Plays Down Risk to Management Freedom
  
  The U.S. government's ownership of a golden share in U.S. Steel will not block Nippon Steel from taking any management action that it deems appropriate, said the Japanese steelmaker's CEO.
• Intel Hires Engineers as Part of CEO Tan's Overhaul
  
  Intel hired three chip industry executives in engineering and networking roles Wednesday, as part of CEO Lip-Bu Tan's plans to overhaul top management and turn around the embattled chipmaker.
• PwC: Private Equity Sits on $1T Amid Uncertainties
  
  Private equity firms are holding about $1 trillion in unsold assets, PricewaterhouseCoopers (PwC) said Wednesday - capital that, in a typical market environment, would have been returned to investors.
• Investors Expect Rapid Stock Plunge if US Attacks Iran
  
  Financial markets may be in for a "knee-jerk" selloff if the U.S. military attacks Iran, with economists warning that a dramatic rise in oil prices could damage a global economy already strained by President Donald Trump's tariffs.
• Wall Street Ends Flat After Powell's Inflation Remarks
  
  The S&P 500 ended flat Wednesday after a volatile session in which the U.S. central bank left interest rates unchanged as expected, and Federal Reserve Chair Jerome Powell said monetary policy still needs to impose some restraint on the economy.
• US Crypto Stocks Soar as Senate Clears Path for Stablecoin Regulation
  
  Top crypto stocks on Wall Street surged Wednesday after the U.S. Senate approved a milestone stablecoin bill, fueling hopes for broader adoption of what was once a niche corner of the crypto sector.
• Stocks Maintain Gains on Unchanged Fed Funds Rate
  
  Wall Street's main indexes maintained their gains Wednesday after the Federal Reserve said it would leave the policy rate in its current 4.25%-4.50% range.
• Amazon Ramps Up Zoox Robotaxis to Square Off With Waymo
  
  Amazon is gearing up to make as many as 10,000 robotaxis annually at a sprawling plant near Silicon Valley as it prepares to challenge self-driving cab leader Waymo.
• US Crude Stocks Fall; Gasoline, Distillate Inventories Rise
  
  U.S. crude stocks fell while gasoline and distillate inventories rose in the week ending June 13, the Energy Information Administration said Wednesday.
• Eli Lilly to Buy Verve for $1B to Develop Heart Drug
  
  Drugmaker Eli Lilly plans to buy Verve Therapeutics, a gene-editing startup, for about $1 billion upfront.
• Stocks Slide on Caution Over Israel, Iran Conflict
  
  U.S. stocks ended lower Tuesday as the Israel-Iran conflict raged on for a fifth day and kept investor anxiety high, with the U.S. military moving fighter jets to the Middle East.
• Experts: Mideast Conflict Could Drive Gold to $5,000
  
  Gold prices could potentially rise to $5,000 per ounce or higher if the Iran-Israel conflict escalates significantly, driven by its status as a safe-haven asset during geopolitical turmoil.
• Stocks Edge Lower as Oil Prices Return to Rising
  
  U.S. stocks are nudging lower Tuesday, and oil prices are rising again. It's a modest return to form for financial markets after worries had seemed to calm on Wall Street Monday.
• JPMorgan Files to Trademark 'JPMD' Blockchain
  
  JPMorgan Chase has applied with the U.S. Patent and Trademark Office for a trademark related to digital currency, Fortune reports.
• Solar Stocks Drop on Proposal to Phase Out Tax Credits by 2028
  
  U.S. solar stocks dropped in premarket trading Tuesday after a Senate panel proposed a full phase-out of solar and wind energy tax credits by 2028, as part of changes suggested to President Donald Trump's sweeping tax-cut and spending bill.
• Dow Rises 300 Points as Oil Retreats on Truce Hopes
  
  U.S. stocks closed higher Monday, as oil prices retreated after the Israel-Iran attacks left crude production and exports unaffected, easing investor concerns about the potential for higher energy prices to stoke inflation.
• CoverGirl Parent Coty Exploring Sale, WWD Reports
  
  Beauty company Coty is seeking buyers for a sell-off in two parts, fashion trade publication WWD reported Monday, citing multiple industry sources.
• Resist Risk-Off Amid the Iran-Israel Conflict
  
  The Iran-Israel conflict and equity markets are now in sharp focus. As direct strikes escalated in June 2025, global financial markets responded immediately.
• US Steel Rises 5% as Golden Share Details Revealed
  
  Shares of U.S. Steel rose 5% Monday, as a $14.9-billion bid for the well-known American firm from Nippon Steel approached the finish line and after details of the U.S. government's golden share emerged over the weekend.
• Lockheed, Boeing Tout Golden Dome Credentials at Paris Air Show
  
  Lockheed Martin and Boeing said Monday they are positioning themselves to secure a significant share of U.S. President Donald Trump's Golden Dome missile defense system, as competition intensifies over what could become one of the world's largest defense contracts.
• Treasury Yields Fall on Report Iran Seeks End to Hostilities
  
  U.S. Treasury yields fell Monday on a report that Iran has been urgently signaling it wants an end to hostilities and resumption of talks over its nuclear programs, easing concerns that a prolonged conflict will further boost oil prices and add to inflation.
• Stocks Rally, Oil Prices Ease Ahead of Fed Meeting
  
  Calm is returning to Wall Street, and U.S. stocks are rallying Monday, while oil prices are giving back some of their initial spurts following Israel's attack on Iranian nuclear and military targets at the end of last week.
• ICE Turns to Big Firms for More Detention Beds
  
  Leavenworth, Kansas, occupies a mythic space in American crime, its name alone evoking a short hand for serving hard time. The federal penitentiary housed gangsters Al Capone and Machine Gun Kelly - in a building so storied that it inspired the term "the big house.
• Oil Dips With Mideast, Central Banks in Focus
  
  World shares nudged up Monday, with oil prices steadier but holding on to most of last week's increase, as the conflict between Israel and Iran added further uncertainty to the world's economic troubles in a week packed with central bank meetings.
• Kering Soars on Reports Renault's de Meo to Be CEO
  
  Renault shares plunged Monday while Kering soared as investors digested reports that the French carmaker's chief executive, Luca de Meo, was poised to become head of the French luxury goods group that owns Gucci.

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