United States rejects competing 'Iceman' trademark bids

 

Washington — The United States Patent and Trademark Office has issued rulings that place Basketball Hall of Famer George Gervin and Chicago Bears quarterback Caleb Williams in direct conflict over federal trademark rights to the nickname "Iceman." In office actions dated June 24 and June 26, 2026, USPTO examining attorneys...

United States index move drives massive SpaceX inflows

 

SpaceX is being added to MSCI’s standard and large-cap global indexes effective June 29, following its record-setting initial public offering on June 12, 2026. MSCI previously indicated that SpaceX would comfortably exceed the size and free-float thresholds for early inclusion of large IPOs. Analysts estimate that the MSCI changes from...

Philadelphia-based Comcast to spin off NBCUniversal, Sky

 

Comcast, headquartered in Philadelphia, announced on Monday that it will split into two publicly traded companies by spinning off its NBCUniversal and Sky media assets. The move will create a standalone media and entertainment company, including NBC and Telemundo networks, Universal film and television studios, theme parks, Peacock, Bravo, and...

Texas: JPMorgan cuts fraud jobs amid strong profits

 

JPMorgan Chase is eliminating 244 positions at its large corporate campus in Plano, Texas, primarily within its Consumer & Community Banking Fraud and Customer Protection Services inbound call center, according to a Worker Adjustment and Retraining Notification filed with the Texas Workforce Commission. Employees were informed of the decision on...

United States weighs Apple bid for Chinese chips

 

Washington, United States – Apple is lobbying the Trump administration for permission to buy memory chips from ChangXin Memory Technologies (CXMT), a Chinese firm that the U.S. Defense Department has designated a Chinese military company and that an interagency committee has approved for addition to the Commerce Department’s Entity List,...

Austin-based TPx enters Chapter 11 to restructure debt

 

AUSTIN, Texas – TPx, one of the United States’ leading managed IT, network, and cybersecurity providers, has filed for Chapter 11 bankruptcy protection in an effort to restructure its balance sheet and substantially reduce its debt load. The company, which operates as U.S. TelePacific Holdings Corp., announced on June 29,...

South Korea plans $518 billion semiconductor megacluster

 

South Korea has announced plans to build a $518 billion semiconductor megacluster south of Seoul to strengthen its role in global chip supply and meet fast-rising demand from artificial intelligence applications. The project, centered in Yongin and nearby cities, will be developed through 2047 and is expected to involve major...

AHR Added To Russell 1000 Value, Removed Elsewhere

 

United States. American Healthcare REIT, Inc. was added to the Russell 1000 Value benchmark and removed from the Russell 3000 Growth, Russell Small Cap Composite Growth and Russell 2000 Value benchmarks this week, Market Screener reported; the listings reflect index eligibility outcomes announced as part of the Russell annual reconstitution...

United States chip talks signal Apple-Intel manufacturing partnership

 

United States – A reported preliminary chip-manufacturing agreement between Apple and Intel is drawing significant attention across the U.S. technology sector as the country seeks to rebuild domestic semiconductor production and curb reliance on overseas fabs. Industry analysts say the potential partnership could become one of the most significant semiconductor...

Garden Grove chemical plant faces major federal probe

 

Authorities in Garden Grove, California, are preparing a large-scale hazardous materials cleanup at the GKN Aerospace manufacturing facility, scheduled to start on Monday morning, June 29, 2026. The operation follows a May 21 incident in which a 34,000-gallon outdoor tank holding about 7,000 gallons of methyl methacrylate overheated after a...