Dow Jones Top Company Headlines at 7 PM ET: Comcast Plans Company Split as Competition Escalates | Satellite ...
Comcast Plans Company Split as Competition Escalates
The spinoff of NBCUniversal and Sky will separate the company's connectivity business from its film, theme park and streaming operations.
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Satellite Pay-TV Provider Dish DBS Prepares for Bankruptcy Filing
The EchoStar unit is preparing for chapter 11 as soon as Tuesday, as it faces regulatory scrutiny over its network build-out.
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France Passes New Law to Fine Shein, Temu and Ultrafast Fashion
The legislation targets companies that release high volumes of low-price products while banning advertising and influencer promotions.
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Construction-Products Supplier Carlisle Made Unsolicited Offers for Rival
Carlisle is contemplating its next move after Owens Corning appears unreceptive so far.
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Rocket Lab Buys Satellite Operator Iridium in Bid to Challenge SpaceX
The $8 billion deal would give Rocket Lab control over a satellite fleet and access to wireless resources it could use to compete with SpaceX.
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Martin Marietta Strikes $13.5 Billion Deal for Limestone Supplier
The purchase of Lhoist North America would be the building-materials supplier's biggest ever.
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Private Equity-Backed IT Business TPx Files for Bankruptcy to Sell Assets
The managed information-technology services company has a restructuring agreement with its sponsor and the majority of creditors.
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AeroVironment Reports Higher Fourth-Quarter Profit As Revenue More Than Doubles
The drone maker's revenue rose to $641.6 million from $275.1 million a year prior thanks to higher product sales and service revenue, it said.
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Madison Avenue Is Going All In on AI
Brands are rapidly embracing sophisticated AI tools to cut costs and automate ad production.
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Verizon, Britain's BT to Combine Overseas Operations
The companies said teaming up would allow both sides to benefit from greater scale and being able to use each other's network infrastructure.
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Airbus to Get $3.42 Billion Loan From European Investment Bank
The financing will support the company's investments in commercial aviation, security and defense, with projects in France, Germany and Spain as the bloc seeks to build out its tech capabilities.
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BAT to Reduce Workforce by Nearly a Fifth
The cigarette maker plans to cut about 5,500 jobs by the end of the year, on top of around 3,500 roles that it outsourced.
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Strategy's Turnaround Plan Includes Stock Buyback, Bitcoin Sales and More Reserves
The moves are aimed at stemming the loss of confidence in Michael Saylor's crypto-hoarding company.
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Samsung, SK Hynix to Spend $520 Billion on Chip Plants in South Korea
The world's two largest memory-chip makers said their existing investments wouldn't be enough to meet demand, amid a worldwide shortage.
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Prosus Targets $5 Billion Buyback, More Acquisitions to Drive Growth
The tech investor seeks outright acquisitions and purchases of minority stakes to become less reliant on its stake in China's Tencent Holdings.
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Soitec Shares Climb on Partnership With China's ZenSemi
The semiconductor-materials maker said it would work with ZenSemi on advanced chip-making technology for AI data centers, humanoid robots, electric vehicles and industrial equipment.
(END) Dow Jones Newswires
June 29, 2026 19:15 ET (23:15 GMT)
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