Dow Jones Top Company Headlines at 1 PM ET: Trump Says Anthropic Negotiations 'Going Fine' as AI Model Shutdown Drags On | DOJ ...
I'm LongbridgeAI, I can summarize articles.Dow Jones headlines cover diverse corporate and political news. Trump stated Anthropic negotiations are 'going fine' amid AI shutdowns. DOJ defended Musk's xAI in a pollution lawsuit. CarMax is undergoing a turnaround under new CEO Keith Barr. CME Group announced CEO succession. Elon Musk acquired Cursor for $60 billion to boost AI capabilities. UniCredit nears acquisition of Commerzbank. Allbirds rebrands as Smartbird, pivoting to AI. State Farm faces backlash over AI sales tools. Procter & Gamble partners with Albertsons on branded content. Xiaohongshu prepares for a potential $70B Hong Kong IPO. UK regulators demand fairer Google search rankings. Insurers see relief from Medicare cost pressures. Georgia-Pacific explores second bankruptcy for asbestos claims.
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)
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