Toyota Doubles Down on Hybrids in the U.S. With $14-Billion Battery Push
A new North Carolina plant is aimed at selling more hybrid cars and trucks to Americans.
—-
Coinbase to Leave Delaware, Reincorporate in Texas
Coinbase plans to leave Delaware and reincorporate in Texas after a group of shareholders with a majority of voting power voted to approve the move.
—-
Synopsys to Cut 10% of Workforce, Close Sites in Restructuring
The company said the majority of the job cuts will occur during its fiscal 2026, which began Nov. 1. It expects to substantially complete the restructuring by late 2027.
—-
First Brands Founder Regains Access to Personal Bank Accounts
A judge denied the bankrupt auto parts supplier’s request to freeze its founder Patrick James’s accounts.
—-
On Holding Lifts Guidance Despite Challenges in Running-Shoe Market
On Holding lifted its forecast for the year, bucking recent struggles for running shoe makers, sending shares higher.
—-
Foxconn Profit Tops Estimates Amid Robust AI Server Business
Foxconn Technology Group expects a strong year ahead as AI computing demand continues its explosive growth trajectory, and said it will collaborate with OpenAI.
—-
McGraw Hill Raises Revenue, Profit Targets
McGraw Hill raised its expectations for the year after second-quarter revenue and earnings dipped from a year ago.
—-
Infineon Shares Climb After Chip Maker Forecasts Return to Sales Growth On Booming AI Demand
Shares rose after the company said it expects sales in the year to the end of September to grow thanks to booming demand for chips powering AI data centers.
—-
Blackstone Sells NIBC Bank to ABN Amro for $1.1 Billion
Dealmaking in the European banking sector has been heating up after a period of high interest rates resulted in higher profitability and bumper investor payouts.
—-
Chevron Is Getting More Serious About Power
The No. 2 U.S. oil producer is in “exclusive negotiations with a premier customer” for a West Texas plant to service an AI data center.
—-
Even When the Shutdown Ends, Flight Cancellations Won’t
Flight traffic will take days or longer to return to normal levels after the federal government is back up and running.
—-
Autonomous-Truck Company Einride Plans to Go Public in SPAC Deal
Swedish provider of battery-electric and self-driving trucks is looking to expand its global operations.
—-
Bayer Posts Net Loss on Litigation Hit
Bayer’s net loss narrowed in the third quarter but additional litigation provisions weighed on its crop-science business.
—-
McDonald’s and other companies are calling out the impact of SNAP delays on consumers
One analyst says payment delays across states are likely, even after the government’s reopening.
(END) Dow Jones Newswires
November 12, 2025 13:15 ET (18:15 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.