SpaceX Showed Investors Prototype of Elon Musk’s New AI Device

The sleek, handset-like prototype was designed to integrate AI technology from SpaceX’s xAI.

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The Anthropic Fable Ban Is Over. The Battle Over How to Tame AI Has Just Begun.

Washington’s move to unblock Anthropic’s model underscores America’s divisions over how to regulate cutting-edge technology.

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Europe Learns It’s Hard to Start a Trade War With China During a Heat Wave

The continent’s citizens are rushing to buy Chinese air conditioners while EU officials are challenging Beijing over a flood of exports.

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Takeda, InSilico Strike AI Drug-Discovery Deal Worth Up to $600 Million

Takeda will pay InSilico to use its proprietary Pharma. AI platform to advance drug candidates across several therapeutic areas.

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Northern Star Names Glencore’s Suresh Vadnagra Next CEO

Northern Star Resources picked the head of Glencore’s nickel and zinc industrial assets to be its next chief executive, as it faces pressure from activist investor Elliott Investment Management for change.

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Alibaba, U.S. Payment Processor to Pay $600 Million in DOJ Settlement Over Illegal Drug Sales

The payment resolves allegations that Alibaba Group and AUS Merchant Services allowed merchants to sell and import illegal pharmaceuticals and other restricted items into the U.S.

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CMA CGM to Buy FedEx Supply Chain for $1.4 Billion

World’s No. 3 container line says the deal will expand its contract-logistics business in the U.S.

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How Amazon, Walmart, and Grocery Rivals Are Battling for Your Doorstep

Delivery speed is still top priority for consumers, but there are other ways retailers get shoppers to proceed to checkout.

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Robinhood Accelerates International Push. What It Is Launching in Europe, Canada, and Singapore.

The company is also expanding AI trading capabilities for U.S. cryptocurrency investors.

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Shares in AOL Owner Jump 40% in Stock-Market Debut

Bending Spoons’ listing comes after U.S. IPOs raised a record haul in the first six months of the year.

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McKinsey Shakes Up Its Board After Scandals Over Past Work With Clients

The move creates a separate chair role to strengthen oversight of the elite consulting firm.

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Prominent Tech Analyst Dan Ives Is Leaving Wedbush

During his eight years at Wedbush, Dan Ives became one of the most familiar faces on Wall Street and took a consistently bullish view on tech.

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Binance Cuts Off European Users After Regulator Raises Financial-Crime Concerns

The EU’s markets regulator had privately advised national authorities to block the crypto exchange’s application to operate under a new regulatory regime.

(END) Dow Jones Newswires

July 02, 2026 01:15 ET (05:15 GMT)

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