GSK to Acquire RAPT for $2.2 Billion to Bolster Food Allergy Treatments
The drugmaker said it agreed to pay RAPT Therapeutics shareholders $58 per share, with $1.9 billion upfront investment in cash.
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Baidu's AI Assistant Reaches Milestone of 200 Million Monthly Active Users
The company's artificial intelligence-empowered Ernie Assistant is integrated into its flagship Baidu search-engine app and on personal computers.
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BHP Upgrades Copper Output Guidance
The miner said it now expects to produce between 1.9 million and 2.0 million metric tons of copper in its fiscal year through June.
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Zurich Insurance Makes $10 Billion Bid for U.K. Specialist Insurer
The Swiss insurer aims to create a business with around $15 billion in gross written premiums with this merger.
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Meta, Snap Stock Could Be Hit as More Countries Look to Ban Social Media for Children
Meta Platforms, Snap and Reddit stocks could be hit if other countries follow Australia's social-media ban for under-16s.
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Elliott Invests in Hypersonic-Flight Company Stratolaunch
The activist hedge fund is also getting board representation at the Cerberus-backed company.
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China's CTG Duty Free to Buy LVMH's DFS Greater China Stores
Shares of China Tourism Group Duty Free rose after the company said it plans to acquire LVMH's DFS travel retail business in Hong Kong and Macau.
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Can a $1,699 Espresso Machine Help Walmart Challenge Amazon?
Walmart is sprucing up its home goods to attract more high-income shoppers and better compete with the e-commerce titan.
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Alibaba Stock Drops After a Blistering AI Rally. These 2 Worries Are Rattling Investors.
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America's Largest Home Builder Reports Earnings Tuesday. Policy Takes Priority.
Lower mortgage rates and potential housing policy changes could have a bigger impact than quarterly results when America's largest homebuilder reports Tuesday.
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Chevron's Dilemma in Venezuela: Support Trump's Vision Without Losing Money
The company lobbied hard for proximity to Venezuela's oil wealth-but it has little appetite for making major investments there in the near term.
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Tesla Set to Restart AI Supercomputer Project. Why Musk Has Changed His Mind.
Tesla is restarting its Dojo AI supercomputer project to improve its self-driving and robotics technology.
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Business air travel is back, and that's good news for this airline
United is seen reporting higher revenue in a quarter marred by the U.S. government shutdown. An uptick in business travel is a welcome boost for the year ahead.
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Micron to Buy Taiwan Plant for $1.8 Billion
The Boise, Idaho-based company plans to acquire the Taiwanese chip-making site to meet surging demand for memory-storage products.
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Commercial Builders Are Losing Their Appetite to Build Anything but Data Centers
Spending on data-center construction is expected to rise by 23% in 2026, while the building of offices, hotels and apartments is seen declining slightly.
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As competition heats up, OpenAI changes course and introduces ads on ChatGPT
Confronted with fierce competition from its rivals and immense funding requirements in the next few years, Altman announced ads on ChatGPT.
(END) Dow Jones Newswires
January 20, 2026 03:00 ET (08:00 GMT)
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