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Egg Giants Settle Price-Fixing Probe as Bird Flu Threatens a Repeat

WASHINGTON, July 2 -- Cal-Maine Foods Inc. CALM, the country's largest egg producer, agreed this week to pay $3.3 million and donate 53 million eggs to food banks, settling federal and state allegatio... Read More


Kroger to Buy Giant Eagle for $1.65 Billion in First Deal Since Albertsons Collapse

CINCINNATI, July 2 -- Kroger Co. investors have seen this movie before, and Wednesday's opening scene did not reassure them. Shares fell nearly 3 percent before the market opened after the country's l... Read More


Bending Spoons, Owner of AOL and Vimeo, Surges 40% in Nasdaq Trading Debut

NEW YORK, July 2 -- The company that just reopened Wall Street's frozen market for software stocks does not build artificial intelligence, chase cloud contracts, or promise to automate anyone's job. I... Read More


Robinhood Launches Its Own Blockchain, With an AI Trading Agent Attached

MENLO PARK, July 2 -- Robinhood Markets Inc. HOOD turned on the blockchain it built itself Wednesday, and with it came three products no regulator has yet had a chance to weigh in on: an AI trading ag... Read More


China's New Investment Law Gives Beijing Power to Retaliate Against Foreign Trade Barriers

New Delhi, July 2 -- For any foreign company that transfers technology to a Chinese partner, sends engineers on secondment to a Shanghai facility, or holds a joint venture with a state-owned manufactu... Read More


Carlisle Made Multiple Unsolicited Bids for Owens Corning. Owens Corning Isn't Interested.

New Delhi, July 2 -- one company is being told it might be worth considerably more than its recent trading price; the other is being told it may be about to spend a very large sum on something the tar... Read More


Exelon CEO Warns US Could Face Blackouts as Early as 2027 as AI Drives Unprecedented Demand on Power Grid

Butler, July 2 -- WASHINGTON - The check engine light is on for the American power grid, and Calvin Butler is not sure anyone wants to look under the hood. the grid is not growing fast enough to abso... Read More


Warsh Makes His Global Debut at Sintra, Declines to Signal July, and Buries Forward Guidance Alongside Lagarde and Bailey

New Delhi, July 1 -- Markets spent two hours on Wednesday waiting for Kevin Warsh to say something useful about July. He did not oblige them. What he gave instead was something more consequential for ... Read More


Boeing IT Outage Shut Down Factories Coast to Coast on the Last Day of Q2

New Delhi, July 1 -- The worst moment for an airplane manufacturer to lose its computer systems is the last day of the fiscal quarter, when dozens of jets are typically waiting on final inspections, p... Read More


Getty Images Abandons $3.7 Billion Shutterstock Merger After UK Regulator Demands Divestiture of Rex Features and Backgrid

New Delhi, July 1 -- sell off Shutterstock's entire global editorial business before the deal can close. The UK Competition and Markets Authority issued its final report on May 15 requiring the compl... Read More