Dow Jones Top Company Headlines at 1 PM ET: Johnson & Johnson in Talks to Buy Protagonist Therapeutics | Canada, ...

Dow Jones
Oct 11

Johnson & Johnson in Talks to Buy Protagonist Therapeutics

The two companies are already codeveloping a treatment for ulcerative colitis.

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Canada, U.S. Have Discussed Reviving Keystone XL, Carney Says

Canadian Prime Minister Mark Carney said he and President Trump have discussed the development of energy projects that would help both countries, including the twice-rejected Keystone XL expansion project.

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Gas Turbine Makers Are Riding the AI Power Boom

Orders and prices are soaring for the monster machines made by GE Vernova, Siemens Energy and Mitsubishi Heavy Industries.

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China Goes All In on U.S. Trade Battle, With Qualcomm in the Crosshairs

Beijing's move against the San Diego chip giant is the latest in a two-day barrage of actions targeting the U.S.

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BASF to Sell Majority Stake in Coatings Unit to Carlyle for $6.7 Billion

BASF will keep a 40% stake in the business, which the deal values at $8.91 billion, after the sale is complete.

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Google Labeled U.K. Tech Gatekeeper Under New Competition Law

The regulator labeled Google as a company it needs to keep a close eye on due to its ubiquitous search engine and lucrative search-advertising business.

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Volkswagen Deliveries Rise Despite Weakness in China and North America

Deliveries rose slightly in the third quarter as declines in China and North America were offset by gains across the automaker's other global markets.

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Stellantis Shipments Rise After Strong Rebound in North America

Vehicle shipments rose by an estimated 13%, driven by strong growth in North America on the back of inventory improvements.

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EU Scrutinizes Google, YouTube, Apple, Snapchat Over Children's Online Safety

The commission asked for information on the companies' age-verification systems and on how they prevent minors from accessing illegal products and harmful content.

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Microsoft, Anthropic Hire Former British Prime Minister Rishi Sunak

Sunak, who remains a member of Britain's parliament, said he would be working with the tech companies as a senior adviser and strategic consultant.

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Runway Growth to Expand in Healthcare by Acquiring SWK Holdings

Runway, a lender to sponsor-backed companies, values the transaction at about $229.5 million.

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Larry Ellison's Latest Gambit to Keep Oracle on Top Is His Biggest Bet Ever

Oracle has roared into the AI gold rush, but it's taking on huge amounts of debt to do so. Last month's $18 billion bond offering could be just the beginning.

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Tesla Self-Driving Technology Breaks Traffic Laws. Can the Feds Stop It?

Safety investigations and the bully pulpit could complicate the automaker's development of automated driving systems, but only if regulators want to.

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Judge Tosses Drake's 'Not Like Us' Defamation Suit

The rapper alleged Universal Music Group promoted Kendrick Lamar's diss track to harm Drake and drive profits.

 

(END) Dow Jones Newswires

October 10, 2025 13:00 ET (17:00 GMT)

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