AstraZeneca Plans to Invest $50 Billion in U.S. by 2030
The U.K. biopharmaceutical giant's plans include a proposal for a new drug substance manufacturing center focused on weight-loss drugs.
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SoftBank and OpenAI's $500 Billion AI Project Struggles to Get Off Ground
The Stargate venture, unveiled at a White House event, is now setting the more modest goal of building a small data center by year-end.
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Universal Music Group Files for Public Offering
The Netherlands-based music conglomerate said it had filed a confidential registration statement with the Securities and Exchange Commission proposing the offering.
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NXP Semiconductors Sees Third-Quarter Revenue Falling
The Netherlands semiconductor company expects revenue to continue to decline in its third quarter, though at a slower clip, as profit dropped in its latest period.
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Crown Holdings Raises Guidance, Claims Strong Performance
The Tampa, Fla.-based maker of aluminum cans and aerosol containers said it had strong first half performance as it continues to monitor the potential impacts of tariffs.
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W.R. Berkley Profit Rises Despite Continued Surge in Catastrophe Losses
The insurance company's profit rose in the second quarter, even as catastrophe losses continued to climb.
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Toymakers' Holiday Outlook Under Pressure From Tariffs, Layoffs
Analysts and experts say the toy industry continues to face a challenging environment marked by accelerating layoffs, steep tariffs and cautious retailers-all of which are threatening profitability and increasing risk.
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Subway Names Former Burger King Executive as Next CEO
Jonathan Fitzpatrick takes over as Roark Capital charts a growth path for the sandwich giant.
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Verizon's Postpaid Phone Losses Continue, Full-Year Forecast Improves
The wireless carrier faces stiff competition from rivals' promotions.
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McKinsey Changes How It Elects Its Leaders to Avoid Succession Dramas
The elite consulting firm plans to lengthen leadership terms after its past two votes exposed internal tensions.
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BP Names Albert Manifold Chairman Amid Strategy Shift
The energy giant picked an energy-industry outsider to oversee a strategy revamp aimed at reviving the oil major's fortunes.
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Cleveland-Cliffs Stock Rises. Earnings Were a Relief.
Cleveland-Cliffs reports a per-share loss of 50 cents from sales of $4.9 billion. Wall Street was looking a per-share loss of 71 cents from sales of $4.9 billion.
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Blank-Check Company Strikes Cryptocurrency Deal
The Ether Machine plans to manage over $1.5 billion of the second-largest cryptocurrency.
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Stellantis Takes $350 Million Hit From Tariffs
The Jeep maker's earnings took a hit from U.S. tariffs, while restructuring efforts and higher costs also dragged on its results.
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Tesla's Earnings Are Almost Here. They're Going to Be Wild.
It's been a turbulent quarter for Tesla. That raises the stakes for Wednesday's earnings report.
(END) Dow Jones Newswires
July 21, 2025 19:00 ET (23:00 GMT)
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