Dow Jones Top Company Headlines at 1 PM ET: Trump Says Anthropic Negotiations 'Going Fine' as AI Model Shutdown Drags On | DOJ ...

Trump Says Anthropic Negotiations 'Going Fine' as AI Model Shutdown Drags On

The president made his comments at a Group of Seven summit where some world leaders were concerned about losing access to leading AI tools.

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DOJ Defends Musk's xAI in Data-Center Pollution Lawsuit

The Mississippi facility is supporting the training and development of new AI models that the government is relying on for national-security purposes, the department says.

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CarMax's Turnaround Is Taking Shape, Still Has Long Way to Go

Chief Executive Keith Barr, who stepped into the top role in March, said that the company's core operations aren't fast and efficient enough, and that its costs remain too high.

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CME Group's Terry Duffy to Step Down as CEO; Lynne Fitzpatrick to Take Helm

Duffy, will hand the reins to Fitzpatrick, currently president and chief financial officer, on March 1, 2027.

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Elon Musk Is Unleashing SpaceX's New War Chest to Solve His AI Problem

Buying AI coding agent Cursor in a $60 billion deal and renting out data-center capacity will give the company a launchpad to land more enterprise customers.

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Europe's Biggest Banking Deal in Years Is Getting Closer

Italian bank UniCredit is edging closer to its goal of taking over German rival Commerzbank, a landmark deal that would create a pan-European financial giant.

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Allbirds Names New CEO and Changes Name Again

Allbirds is changing its name to Smartbird and pivoting to an AI business, appointing Nadia Carlsten as its new chief executive.

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State Farm's AI Plan for Sales Agents Sparks Uproar. 'A Real Slap in the Face.'

AI tools and changes to contracts for 19,000 sales agents appear to be a response to the insurer's eroding status in the industry.

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Procter & Gamble Scripted Dramas Are Coming to a Supermarket Near You

Albertsons collaborated with the packaged-goods giant to produce 'Rico's Tacos,' a short-form series designed to help move products.

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'China's Instagram' Readies Hong Kong IPO That Could See It Valued at Over $70 Billion

Lifestyle and video-sharing platform Xiaohongshu, known as Rednote, is aiming for an initial public offering in Hong Kong as early as the end of this year, people familiar with the matter said.

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Google Search Rankings Must Be Fairer, U.K. Watchdog Says

The U.S. company should provide advance notice of any significant changes to its search services, U.K. officials said, giving it six months to act under the country's digital markets competition rules.

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The Medicare Crisis for Insurers Is Over. The Easy Gains Are Too.

Insurers have rebounded as cost trends cool and the Trump administration eases up.

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Georgia-Pacific Explores Second Bankruptcy to Resolve Asbestos Claims, Executive Says

Bestwall's chief legal officer said a new case would be filed in the same court after the yearslong restructuring stalled.

(END) Dow Jones Newswires

June 17, 2026 13:15 ET (17:15 GMT)