Dow Jones Top Company Headlines at 3 PM ET: Activist Ancora Pressures Railroad Operator CSX to Explore Deal | Google ...

Dow Jones
2025/08/20

Activist Ancora Pressures Railroad Operator CSX to Explore Deal

The hedge fund, which had also agitated at Norfolk Southern, is prepared to launch a proxy fight if needed.

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Google Offers to Tweak Play Store Terms to Stave Off EU Fine

The company said it would alter developer fees and make it easier to lead users to deals and offers outside of its app store after the European Commission determined that current rules might be in breach of the Digital Markets Act.

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Homeowners Are Doing Small Projects but Deferring Big Ones, Home Depot Says

Home Depot said tariffs will soon start hitting some price tags even as consumers continue to hold off on larger projects because of higher interest rates and economic uncertainty.

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Flight Attendants Win Boarding Pay, Four-Year Deal, Ending Air Canada Strike

The airline said operations will gradually restart after a deal was reached with the union, ending a strike that caused hundreds of flight cancellations and hit 500,000 customers.

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Nexstar to Buy Tegna for $6.2 Billion

Nexstar agreed to acquire its rival Tegna in a cash transaction worth $22 a share, or $6.2 billion total, in a litmus test of regulators' appetite for consolidation in the TV industry.

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After Deal Talks, Intel's $2 Billion Infusion From SoftBank Will Accelerate AI Push

Shares in the chip maker rose following news of SoftBank's planned investment and a possible stake for the U.S. government.

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Medtronic to Add Directors After Elliott Becomes Big Shareholder

The medical-device maker also plans to form committees focused on M&A and other growth areas.

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BHP CEO Sanguine on Latest Setback to Giant U.S. Copper Project

The Resolution mine could supply as much as a quarter of current U.S. demand for copper.

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Peabody Calls Off $3.78 Billion Deal to Buy Anglo American's Australian Coal Assets

The agreement to buy Anglo American's steelmaking coal operations was terminated due to the shutdown of a mine central to the deal.

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NorthWestern Energy, Black Hills Set to Merge

NorthWestern Energy Group and Black Hills have agreed to combine to form a large $7.8 billion regulated electric and natural gas utility company at a time of climbing energy demand across the U.S.

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Woodside Wants to Sell 20%-30% of Louisiana LNG Holding Company

Woodside Energy could retain as much as 80% of the holding company for its $17.5 billion Louisiana LNG project in the U.S. as it progresses talks with potential partners.

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U.S. Official Says U.K. Drops Access Request for Apple Data

The U.S. director of national intelligence said the U.K. had agreed to withdraw a request to access encrypted data from Apple's U.S. users.

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A Tweak to Medicare is Good for Merck. Can It Cure the Troubled Stock?

Shares have plunged by a third in the past year. Investors are worried about expiring patents for Keytruda, the cancer blockbuster.

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OpenAI Launches Cheapest ChatGPT Plan in India

The low-cost plan, called ChatGPT Go, aims to provide wider access to the chatbot's advanced features at 399 rupees a month, equivalent to $4.57, the startup said Tuesday.

 

(END) Dow Jones Newswires

August 19, 2025 15:00 ET (19:00 GMT)

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