Drugmakers Have Pledged to Invest $350 Billion in U.S. After Tariff Threat
GSK and Eli Lilly are the latest to unveil plans to add to manufacturing and increase other operations in America.
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U.S. Tech Giants Pledge Over $40 Billion in U.K. Investments Ahead of Trump Visit
Firms including Microsoft, Alphabet and Nvidia said they will help expand the country's artificial-intelligence infrastructure over the next few years.
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U.S. Investors, Trump Close In on TikTok Deal With China
Oracle, Silver Lake and Andreessen Horowitz are part of a consortium that would control an 80% stake.
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Tencent Plans $1.27 Billion Debt Issuance
The Chinese technology giant plans to issue debt and raise $1.27 billion, joining peers aggressively securing capital to invest in artificial intelligence.
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BHP Cuts 750 Jobs, Suspends Low-Margin Australian Coal Operations
The world's largest miner by market value will cut roughly 750 jobs and suspend low-margin operations at coal mines it runs in Australia with Japan's Mitsubishi Corp.
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LG Battery Unit Continues U.S. Projects After Raid
Hyundai's CEO earlier had said the disruption caused by the raid would set back construction of a Georgia battery plant by two or three months.
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Rivian Is Building a Georgia Factory in the Face of an EV Slump
The plant, scheduled to open in 2028, would support the company's R2 sport-utility vehicle and smaller R3 crossover model.
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Nestle Chairman to Step Down After Abrupt CEO Firing
The maker of Nescafe coffee said Paul Bulcke would step down earlier than planned after the ouster of former CEO Laurent Freixe earlier this month.
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End of De Minimis Tariff Exemption Pushed Ssense Into Bankruptcy Protection
The luxury retailer is among the first to cite the tariff rule as a reason for restructuring.
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NYC Real-Estate Firm Nears Deal to Buy Troubled Office Landlord Paramount
Rithm Capital is seen edging out investment firm Blackstone and office owners SL Green and Vornado for the property portfolio.
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StubHub's stock starts trading Wednesday. The IPO is a bet on the polarizing practice of ticket resale.
StubHub has faced criticism over the high price of secondary-market tickets, but the soon-to-be-public company says it serves a necessary function in the market.
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Apollo Explores Sale of Internet Pioneer AOL
Apollo acquired AOL in 2021 as part of a deal to acquire that business and Yahoo from Verizon. A new deal could fetch around $1.5 billion.
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Workday to Buy Sana for $1.1 Billion as Part of Enterprise AI Push
Workday is acquiring Sana, an AI company focused on workplace tools, for $1.1 billion as part of a broader push to offer companies and their employees AI services.
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Google Puts Its Popular AI Video Generator Into YouTube Shorts
A free simplified version of Veo 3 is available to app users to make quick vertical videos using just a text prompt.
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Performance Food, US Foods to Explore Merger
The two food service distributors entered an agreement to share information and evaluate regulatory considerations related to a potential business combination.
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Delta and Aeromexico Must Dissolve Joint Venture, U.S. Orders
The Trump administration says Mexico is restricting competition at Mexico City airport, as the carriers coordinate schedules and pricing.
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United Airlines to Hire 2,500 Newark Employees in Turnaround Effort
United Airlines plans to hire more than 2,500 employees at Newark Liberty International Airport as it works to revamp the airport, which has been thwarted by outages and worker shortages.
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Trump Files $15 Billion Lawsuit Against New York Times
The suit accuses the paper of interference in the 2024 presidential election and of "spreading false and defamatory content" about Trump.
(END) Dow Jones Newswires
September 16, 2025 21:00 ET (01:00 GMT)
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