Adobe Posts Strong Earnings. CEO Touts a 'New Era of Generative AI'

Shares of Adobe have soared on the company's plans for generative AI. 


 
Disney Finance Chief Christine McCarthy to Step Down

CEO Robert Iger says McCarthy's impact on Disney "cannot be overstated." 


 
Virgin Galactic Shares Soar After First Space Tourism Flight Set

Shares of Virgin Galactic Holdings climbed in after-hours trading after the company said it is scheduled to begin commercial spaceline operations later this month. 


 
Fed, SEC Probing Goldman's Role in SVB's Final Days

The regulators are seeking documents related to Goldman Sachs's role in buying Silicon Valley Bank's securities portfolio while it was working on its doomed capital raise. The Justice Department has also subpoenaed Goldman. 


 
Bankrupt Vice Media in Sale Talks With Media Group GoDigital

GoDigital wants to buy Vice at a court-supervised auction that would also include the company's top lenders. 


 
Bed Bath & Beyond's Top Lender Weighs Bidding for Assets in Bankruptcy

Sixth Street is considering acquiring the home-goods retailer's assets as the company searches for outside buyers. 


 
Meghan Markle's 'Archetypes' Podcast at Spotify Won't Be Renewed

The Duchess of Sussex's show is a casualty of a revamped approach to podcasts at the audio company. 


 
Ticketmaster, SeatGeek  to Show Full Ticket Prices Up Front as Biden Targets 'Junk Fees'

Two of the biggest U.S. ticket sellers plan to change how they display prices to concertgoers, moves aimed at simplifying the process of buying tickets. 


 
White Starbucks Manager Fired After Arrests of Two Black Men Wins $25 Million

Shannon Phillips was terminated less than a month after the arrests. 


 
Judge Splits Charges Against Sam Bankman-Fried, Sets Two Criminal Trials

The FTX founder faces a total of 13 criminal charges connected to the implosion of the cryptocurrency exchange. He is scheduled to go to trial on Oct. 2.


(END) Dow Jones Newswires

06-15-23 2115ET