Trump Says U.S. Will Take Nearly 10% Equity Stake in Intel
The move comes after days of discussion in Washington about options for the troubled American chip-maker's future.
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Spirit Airlines Explores Repeat Restructuring
Spirit is exploring strategic alternatives after its recent restructuring failed to put the budget carrier on a sustainable path.
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JPMorgan to Pay $330 Million Over 1MDB Transactions
The agreement settles claims that the lender facilitated $800 million of payments related to the looting of the Malaysian sovereign-wealth fund.
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Cenovus Energy to Buy MEG Energy in $5.68 Billion Oil-Sands Tie-Up
Cenovus Energy said its proposed buyout of rival MEG Energy will unlock hundreds of millions of dollars in savings by consolidating their neighboring oil-sands operations in Alberta.
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CSX, BNSF Pact Sparks Debate on Whether Another Rail Merger Is Approaching
The railroad operators have teamed to launch three new intermodal services.
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ESPN and MLB Are Closing In on a 3-Year Pact Worth Around $1.65 Billion
After cutting short a previous agreement, the sides are in advanced talks on a new pact that would incorporate MLB.tv into ESPN's streaming service.
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Waymo to Begin Testing Its Robotaxis in New York City
The self-driving car company received a permit to begin testing a limited number of autonomous vehicles in parts of Manhattan and Downtown Brooklyn.
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Elon Musk Wanted Mark Zuckerberg to Join OpenAI Bid, Court Filing Says
A Musk-led consortium offered $97.4 billion to buy OpenAI as part of his continuing legal battle with the company he co-founded alongside Sam Altman.
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TikTok to Lay off Hundreds of U.K. Content Moderators in AI Push
The move, which will affect several hundreds out of a workforce of about 2,500 in the country, comes as other social-media companies have started to scale back teams dedicated to policing online content.
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BJ's Wholesale Club's Sales Slow as Shoppers' Frustrations Grow
The company's comparable-club sales rose 2.3% excluding fuel sales, below analyst expectations, as shoppers across all income levels were more stressed.
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Chili's Pays Fat Bonuses to Staff After Record-Setting Sales
Brinker International-owned chain has delivered strong profit, despite challenging year for restaurants.
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Deutsche Post, DHL Parcel Germany Pause Business Shipping to U.S.
DHL joins a crowd of European postal groups that are suspending standard shipments to the U.S. as the country starts charging duties on lower value parcels.
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OpenAI to Open New Delhi Office as It Bulks Up India Presence
The ChatGPT maker said it has established a legal entity in India and started hiring a local team for the office, which will be based in New Delhi.
(END) Dow Jones Newswires
August 22, 2025 19:00 ET (23:00 GMT)
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