Dow Jones Top Company Headlines at 7 AM ET: BHP Flags $2.3 Billion Potash Write-Down as Costs Rise | Accenture ...

Dow Jones
Jun 18

BHP Flags $2.3 Billion Potash Write-Down as Costs Rise

The miner expects another cost overrun on a Canadian mine that is set to become one of the biggest sources of the fertilizer ingredient globally.

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Accenture Takes Majority Stake in Cyber Company Dragos

Consulting firm is also acquiring NetRise and runZero in combined $4.2 billion deal to offer cyber protection to industrial infrastructure.

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The Company That Created the Checkbook Is Buying a Payment Processor

Deluxe is purchasing private-equity-backed Celero Commerce, which services small and midsize businesses, for $625 million.

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Saudi Aramco Weighs Expanding Storage Capacity After Iran War

Aramco is considering expanding its global oil-storage network after the Iran war exposed the importance of strategic reserves in keeping crude flowing to customers.

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Intel Shares Bounce Premarket After Trump Announces Apple Partnership

Intel stock rose over 7% after the president said that Apple agreed to work with the company to design and build chips in the U.S.

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EQT Agrees to Buy Intertek Group for $12.36 Billion

The cash price is a 38% premium to its closing price on April 15, the day before EQT confirmed the approach.

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Apple to Raise Prices Due to Memory Chip Crunch, Tim Cook Says

The CEO tells the Journal in an exclusive interview that soaring costs make price increases "unavoidable."

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Volkswagen Says Next Few Years Will Be Critical

The automaker is pushing ahead with plans to restructure amid rising geopolitical tensions, intense competitive pressure and growing trade barriers.

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Wall Street Hiring Dilemma: AI Can Model-but Can't Make-the Next Rainmaker

Executives are reluctant to slash jobs, with rainmakers often starting out as junior bankers performing rote tasks.

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Tesco Sales Bolstered by Online Growth

The company reported online growth of 8.9% in the U.K and of 17% in Central Europe.

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Besi Raises Long-Term Revenue, Profitability Targets on AI Boost

BE Semiconductor Industries raised its long-term revenue and profitability targets, citing increased demand for AI-related products.

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Evonik to Cut 3,200 Jobs, Discontinue Polyester Unit

The specialty-chemicals company said the cuts would be phased in from 2027 through the end of 2029, and would include 2,150 positions in Germany.

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Trump Says Anthropic Negotiations Continue as AI Leaders Huddle at G-7

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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SpaceX adds a third 'PayPal Mafia' member to its board

Former PayPal CFO and venture capitalist Roelof Botha is joining SpaceX's board and will serve on its audit committee.

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Rumble gets 22,000 Nvidia chips, but the video company's CEO insists this isn't a fad-like pivot

Is Rumble's AI expansion just Allbirds 2.0 - or a move modeled after Elon Musk?

 

(END) Dow Jones Newswires

June 18, 2026 07:00 ET (11:00 GMT)

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