Dow Jones Top Company Headlines at 1 AM ET: Rio Tinto, Glencore in Talks to Form World's Biggest Miner | J&J ...

Dow Jones
01/09

Rio Tinto, Glencore in Talks to Form World's Biggest Miner

The deal would create a mining company with a market value of more than $200 billion, as a scramble for copper and other metals drives an industry return to big acquisitions.

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J&J Reaches Deal With Trump Administration to Lower Drug Prices

The agreement provides Johnson & Johnson's pharmaceutical products an exemption from tariffs, the company said.

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Saks Closes In on Bankruptcy Financing Package

A bondholder group is offering $1.25 billion of bankruptcy financing with the aim to take control.

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Nvidia Hires Google Veteran as Its First Chief Marketing Officer

Alison Wagonfeld will report to CEO Jensen Huang as marketing rises in importance at the AI chip maker.

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LG Electronics Expects First Quarterly Operating Loss in Nine Years

The South Korean consumer-electronics giant has been hampered by a sluggish recovery in demand for televisions and other electronics amid intensified competition.

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Brightline Railroad Creditors Huddle With Advisers Ahead of Interest Payment

The Florida private passenger railroad is in creditor talks ahead of a Jan. 15 interest payment.

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GM Takes $6 Billion Hit Tied to Electric Vehicles as Demand Sinks

The Detroit automaker's EV sales fell 43% in the fourth quarter.

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Trump Calls on Fannie and Freddie to Buy $200 Billion in Mortgage Bonds

Attempting to lower housing prices, the administration is looking to step up a portfolio that was at the heart of the 2008-09 financial crisis.

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Apple Waives Age Cap for Two Board Members, Including Chair Levinson

The tech giant's board said it determined it would be in the best interests of Apple and its shareholders to ask Art Levinson and audit committee chair Ron Sugar to stand for re-election.

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xAI Under Fire for Sexualized Child Photos on Grok

Researchers say Elon Musk's company is bringing dangerous imagery into the mainstream.

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Paramount Defends Its Hostile Bid for Warner

Warner previously said the offer wasn't "even comparable" to Netflix's deal.

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Aritzia Boosts Fiscal-Year Guidance on Strong Holiday Shopping Trends

The clothing retailer raised its fiscal year guidance after sales climbed in its latest quarter on momentum that continued through the holiday shopping period.

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Soho House's $2.7 Billion Deal to Go Private Hits a Last-Minute Funding Snag

Hotel owner MCR said it can't make a $200 million commitment in time, sending Soho House's financial partners scrambling for other options.

 

(END) Dow Jones Newswires

January 09, 2026 01:00 ET (06:00 GMT)

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