WK Kellogg To be Bought for $3.1 Billion by Italy’s Ferrero
The $3.1 billion acquisition would combine Ferrero, which makes Tic Tacs and Nutella, with the producer of Frosted Flakes and Froot Loops.
3 Teenagers Arrested Over Cyberattacks That Cost U.K. Retailers Millions
Four people total were arrested in connection with an April cyberattack that disrupted operations at Marks & Spencer, Harrods and Co-op.
European Union Unveils Rules for Powerful A.I. Systems
Makers of the most advanced artificial intelligence systems face obligations for transparency, copyright protection and public safety. The rules are not enforceable until next year.
Delta’s Stock Soars on Signs of ‘Stabilized’ Travel Demand
The airline reported better earnings than expected for its latest quarter, and restored its forecast for the rest of the year.
Andreessen Horowitz Calls for a Delaware Exodus
The investment firm Andreessen Horowitz is moving its incorporation out of the First State, and urging others to follow, as backlash to its courts grows.
Trump Fuels Fear Among Immigrant Farm Workers in California’s Central Valley
The fertile valley feeds the world. President Trump has thrown farmers and farmworkers there into turmoil, but recently offered them a glimmer of hope.
His Start-Up May Not Survive Chaotic Rollout of Trump’s Tariffs
A sourdough baker turned entrepreneur in North Carolina has delayed his new product as he contemplates the prospect that higher costs will doom his company.
Trump Tariffs Aim to Settle Scores With Countries, No Matter Their Size
The president’s tariff announcements suggest he has not backed away from his initial strategy, where even smaller trading partners will face tariffs.
Microsoft Pledges $4 Billion Toward A.I. Education
Microsoft said it would provide cash, artificial intelligence tools and computing services to schools, colleges and nonprofit groups.
Ford Says Battery Plant’s Tax Break Survived Republican Attacks
Slight changes to the big policy bill left the factory’s tax credits intact, according to the carmaker, which will use the batteries to make more affordable electric vehicles.
Head of S.E.C.’s Crypto Task Force Says ‘Tokenized’ Stocks Are Securities
Hester M. Peirce said in a statement Wednesday that digital versions of stocks are still subject to federal securities laws.
Senate Confirms Bryan Bedford to Lead FAA
The agency is under pressure to modernize outdated air traffic control systems that have contributed to a series of outages, near-misses and deadly accidents in recent months.
Hertz and Other Rental Car Agencies Turn to AI for Damage Detection
Hertz and other agencies are increasingly relying on scanners that use high-res imaging and A.I. to flag even tiny blemishes, and customers aren’t happy.
Thune Says Russia Sanctions Vote Could Come as Soon as This Month
Momentum has been building behind a bipartisan bill to impose sanctions on countries that purchase Russian oil, as Republicans work behind the scenes to win President Trump’s support.
Fed Minutes Underscore Divisions Over Pace of Interest Rate Cuts
The U.S. central bank’s decision to hold interest rates steady in June was unanimously supported, but officials were starting to splinter over the path forward.
Youth Sports Are a $40 Billion Business. Private Equity Is Taking Notice.
An American obsession is attracting investments in baseball fields, volleyball courts and football camps, intensifying the gap between families with means and those without.
A New Barbie Wears Blue Polka-Dots, and a Glucose Monitor
The doll pairs a blue polka-dot outfit with an insulin pump and continuous glucose monitor.
As Truth Social Business Struggles, Trump Media Goes Big on Crypto
The pivot to crypto highlights the reality of Truth Social, one of President Trump’s highest-profile business interests: It doesn’t generate much revenue.
What Happened to Tesla’s Annual Shareholders Meeting?
A group of state treasurers and investors is complaining that the company, facing falling sales, is about to miss a legal deadline to hold a shareholder forum.
Not Invited to Dior’s Show in Paris, a Fashion Influencer Hosts a Watch Party Instead
Denied a seat at Jonathan Anderson’s Dior debut, a fashion critic invited all of Paris to watch it with him at a bar. Hundreds took him up on the offer.