Chevron Closes Megadeal for Hess After Winning Exxon Arbitration

Arbitrators cleared the way for the long-delayed $53 billion acquisition after Exxon tried to pre-empt the deal.

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3M Boosts FY Outlook After Earnings Beat

3M raised its full-year earnings outlook after beating expectations in the second quarter.

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American Express Revenue Rises on Card Fee Growth

American Express posted higher revenue in the second quarter, driven by a 20% jump in card fees.

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GSK Shares Drop After FDA Committee Vote Leaves Cancer-Drug Comeback in Doubt

The pharmaceutical company said it remained confident in the benefit and risk profile of Blenrep and will continue to work with the FDA.

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Charles Schwab Profit Jumps on Tariff Trading Surge

The brokerage benefited from the market's busy-and bumpy-ride since April.

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Meta Won't Sign EU's AI Code of Practice, Chief Global Affairs Officer Says

The company won't adhere to the voluntary code of practice as its head of global affairs said the bloc was on the wrong path on AI.

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SLB Earnings Beat Expectations. The Oil Services Stock Is Rising.

SLB's fortunes are closely tied to crude prices, and they've been falling this year.

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Obamacare Insurers Seek Double-Digit Premium Hikes Next Year

Some enrollees could be hit with increases of more than 20% because of federal changes and higher health expenses.

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Reckitt to Sell Home-Care Unit to Advent in Up to $4.8 Billion Deal

The consumer-goods company is selling a majority stake in its home-care business to Advent International as it looks to sharpen its focus on core brands.

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Saab Shares Jump After Defense Boom Prompts Higher Guidance

The company reported a second-quarter earnings beat and raised full-year sales guidance, boosted by a strong performance at 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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Shares in Vivendi Rise After French Regulator Mandates Buyout Offer From Bollore

The regulator required Vivendi's main shareholders to bid for full ownership after minority stockholders challenged in court its breakup.

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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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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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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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Railroad Operator Union Pacific Exploring Deal for Norfolk Southern

The two companies are holding preliminary deal talks.

(END) Dow Jones Newswires

July 18, 2025 09:00 ET (13:00 GMT)

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