Beyond Meat Debt Deal Rattles Investors
The meat-alternative producer plans to issue new shares after a debt exchange gives it more time to restructure the business.
----
OpenAI, Broadcom Forge Multibillion-Dollar Chip-Development Deal
The companies plan to deploy 10 gigawatts of custom AI chips over the next four years.
----
Polaris to Sell Indian Motorcycle Business to Private-Equity Firm
The sale of the heavyweight bike brand is expected to boost Polaris's profits and allow the company to focus on its core off-road vehicle business.
----
Banks Poised for Strong Third Quarter, But Yellow Flags on Consumer Health Loom
A lengthy government shutdown, along with rising student and auto loan delinquencies, could weigh on banks as the year comes to a close.
----
LendingTree CEO Dies in ATV Accident on Family Farm
Doug Lebda was 55. The company named operating chief Scott Peyree as its new chief executive.
----
First Brands Boss Resigns and Jefferies Seeks to Calm Its Investors
Founder Patrick James will be succeeded as CEO by one of the bankrupt auto-parts supplier's restructuring advisers. Jefferies says the selloff is "overdone."
----
Salesforce's $15 Billion Investment in San Francisco Will Support AI Innovation
The investment will fund a new AI Incubator Hub, expand workforce-development programs and help companies transform into "agentic enterprises," Salesforce said Monday.
----
JPMorgan to Invest $10 Billion in U.S. Companies Critical to National Security
The investment bank pledges to take stakes in companies such as mineral producers, artificial-intelligence firms and others.
----
Michelin Slashes Guidance as North American Sales Slump
The French tire maker cut its full-year outlook, citing worsening market conditions including the impact of U.S. tariffs, and a sharp decline in sales in North America.
----
Brookfield to Acquire Rest of Oaktree for $3 Billion
Brookfield Corporation and Brookfield Asset Management agreed to acquire the rest of Oaktree for about $3 billion in an expansion of Brookfield's private-credit business.
----
Lloyds Banking Group Sets Aside Further $1.07 Billion For Car-Loan Redress
The lender said it is now more likely that a higher number of historical cases are eligible for redress and that the level of compensation is above what had been anticipated.
----
China Vanke's Chairman Resigns
The Chinese property developers said Chairman Xin Jie has resigned from the board, less than a year after his appointment.
----
Fastenal Posts Higher Revenue Despite Industry Slowdown
Fastenal reported higher third-quarter sales, shrugging off a difficult industry backdrop driven by reduced construction activity.
----
Dutch Government Takes Control of Chip Maker From Chinese Parent
In a "highly exceptional" move, the Dutch government wrested power of Netherlands-based Nexperia from owner Wingtech, citing risks to economic security.
----
Deal mania is back on Wall Street. Here's what it means for JPMorgan - and for banking-sector earnings.
A rise in M&A and IPO activity during the quarter takes center stage as JPMorgan leads a parade of bank earnings on Tuesday, followed by Bank of America and Morgan Stanley on Wednesday.
(END) Dow Jones Newswires
October 13, 2025 17:00 ET (21:00 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.