Railroad Operator Union Pacific Exploring Deal for Norfolk Southern
The two companies are holding preliminary deal talks.
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Reckitt Benckiser to Sell Essential Home Business in $4.8 Billion Deal
The consumer-goods company, which has agreed the sale to private equity investor Advent International, wants to sharpen its focus on core brands.
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Saab Raises Full-Year Sales Guidance as Defense Spending Continues to Rise
Second-quarter earnings at the defense company beat expectations, boosted by strong performance in its missile systems and ground combat weapons unit.
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Fortescue to Rethink New U.S. Green-Energy Projects in Light of Trump
The Australian mining company is looking to buy established green-energy operations in the U.S. but will hold back on projects under development in light of President Trump’s policies, the company’s executive chairman said.
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FedEx Technology Chief Departs After Internal Probe Into Unit He Oversaw
The company said the investigation into the unit, FedEx Dataworks, didn’t prompt Sriram Krishnasamy’s exit.
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BHP Flags Higher Costs, Delays on Potash Project; May Sell Nickel Arm
The world’s biggest miner by market value flagged rising costs and delays at a giant potash project in Canada and said it may sell its Australian nickel operations.
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Netflix Raises Revenue, Margin Forecasts After Strong Second Quarter
Price increases, membership growth and ad business momentum have all helped the streaming giant top projections.
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3M’s Stock Depends on Managing a Weakening Consumer
3M reports second-quarter earnings on Friday. Wall Street is looking for earnings per share of $2.01 from sales of $6.1 billion.
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White House Prepares Executive Order Targeting ‘Woke AI’
The order would be one of several expected to be released outlining the president’s vision for winning the AI race with China.
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How Sam Altman Outfoxed Elon Musk to Become Trump’s AI Buddy
With his rival out of the way, OpenAI’s CEO has a clear path to press for the company’s goals. He is leaving the Democratic Party.
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Oracle looks to join an exclusive club as it approaches this market milestone
Oracle’s stock rose more than 3% on Thursday, moving ever closer to a $700 billion market cap.
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FTC Reopens Consent Orders for Proposed Acquisitions from Exxon Mobil, Chevron
The FTC has reopened an order involving Chevron’s proposed acquisition of Hess, and another regarding Exxon Mobil’s proposed purchase of Pioneer Natural Resources after its initial complaints failed to plead any antitrust law violation.
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Boeing to Sell Up to 18 Dreamliner Jets to Gulf Air
The jet maker said it has agreed to sell 12 of the aircraft to the airline, with options for six more.
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FDA Committee Votes Against GSK Blood Cancer Drug Blenrep
The British pharmaceutical company said combinations for its Blenrep drug were evaluated in adults with relapsed or refractory multiple myeloma who have previously received at least one line of therapy.
(END) Dow Jones Newswires
July 18, 2025 05:15 ET (09:15 GMT)
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