Shinhan Financial Group has entered discussions with KB Financial Group, Toss, and regional banks to develop a won-pegged stablecoin business, forming an "anti-Hana" alliance. This move comes as Hana Financial Group has established a consortium with Dunamu and Naver, intensifying competition in the digital asset market. The meeting involved key financial institutions to strategize responses to market changes and stablecoin legislation, indicating a potential split in the banking sector over digital asset initiatives.

For the fifth consecutive year, vendor-related problems were the leading cause of paid wedding insurance claims in 2025, accounting for 55% of all claims, according to data from The Travelers Companies, Inc. The data also highlighted other top causes such as illness/injury and extreme weather, and Travelers recommends vetting vendors, planning for weather, accounting for liability, and purchasing insurance early to avoid disruptions.

Brodsky & Smith has announced an investigation into Caesars Entertainment, Inc. (Nasdaq - CZR) regarding potential breaches of fiduciary duty by its Board of Directors. This probe concerns the Company's sale to Fertitta Entertainment, Inc. for $31.00 per share, an all-cash transaction valued at approximately $17.6 billion, specifically questioning if the process was fair and if shareholders received fair value. Shareholders of Caesars stock are invited to contact the law firm for more information regarding the investigation.

New registrations of Tesla Inc. cars increased across several European markets in May, signaling a continued recovery in the company's regional sales, with significant growth in Sweden, Denmark, Spain, Norway, and France. This surge is attributed to the overall growth of the electric car market, favorable policies, and higher fuel costs, despite Tesla's eroding market share due to increased competition and lack of new models.

Duke Energy is facing a surge in energy demand in the Carolinas due to population growth and the expansion of large-load users like Amazon and Toyota. This article previews how the company plans to control costs while meeting this increased demand. It highlights an executive's perspective on addressing these challenges.

DoubleDragon Corp. reported a record ₱27.91 billion in revenue for the last year, a 56.3 percent increase, primarily driven by the aggressive overseas expansion of its Hotel101 condotel brand. The company is actively shifting its financial focus from fair-value gains to operations-driven earnings, expecting further acceleration in revenue and income despite substantial one-time costs associated with Hotel101’s Nasdaq listing and global expansion plans. DoubleDragon is also strategically avoiding exposure to BPO tenants and residential condominium development, instead betting on its Hotel101 concept to mitigate risks from macroeconomic headwinds and the disruptive impact of AI.

The PG&E Corporation Foundation is funding the Restaurants Care Resilience Fund for the sixth consecutive year, providing nearly $1.3 million to support independent restaurants in Northern and Central California. This year, 213 restaurants and commercial caterers in PG&E’s service area will receive $5,000 grants, bringing the total number of recipients since 2021 to over 1,000. These grants help local businesses with vital needs like technology upgrades, employee support, and economic resilience.

PG&E and The PG&E Corporation Foundation are contributing a record ~$1.3 million to the Restaurants Care Resilience Fund to provide $5,000 grants to eligible Silicon Valley restaurants. These grants aim to support long-term strength by funding equipment upgrades, technology improvements, and employee training. Applications are open from June 1 to June 30, 2026, for businesses meeting specific criteria, building on prior support that has benefited 863 restaurants in PG&E's service area since 2021.

Bristol Myers Squibb CEO Chris Boerner discussed the company's recent cancer drug data and its $15 billion deal with China's Hengrui Pharma at the American Society of Clinical Oncology's annual meeting. He sat down with CNBC's Angelica Peebles to elaborate on these significant corporate developments.

Moderna has received $50 million from the Coalition for Epidemic Preparedness Innovations (CEPI) to develop a vaccine for the Bundibugyo strain of Ebola. This funding is part of a broader effort to combat a recent outbreak in Africa that has led to over 220 suspected deaths. Moderna is one of three organizations funded by CEPI to address this public health crisis.