Saks Closes In on Bankruptcy Financing Package
A bondholder group is offering $1.25 billion of bankruptcy financing with the aim to take control.
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J&J Reaches Deal With Trump Administration to Lower Drug Prices
The agreement provides Johnson & Johnson's pharmaceutical products an exemption from tariffs, the company said.
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Nvidia Hires Google Veteran as Its First Chief Marketing Officer
Alison Wagonfeld will report to CEO Jensen Huang as marketing rises in importance at the AI chip maker.
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Brightline Railroad Creditors Huddle With Advisers Ahead of Interest Payment
The Florida private passenger railroad is in creditor talks ahead of a Jan. 15 interest payment.
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LG Electronics Expects First Quarterly Operating Loss in Nine Years
The South Korean consumer-electronics company has been weighed down by challenges from a sluggish recovery in demand for home appliances, televisions and other electronics amid intensified competition.
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GM Takes $6 Billion Hit Tied to Electric Vehicles as Demand Sinks
The Detroit automaker's EV sales fell 43% in the fourth quarter.
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Rio Tinto, Glencore in Talks to Form World's Biggest Miner
The deal would create a mining company with a market value of more than $200 billion, as a scramble for copper and other metals drives an industry return to big acquisitions.
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Trump Calls on Fannie and Freddie to Buy $200 Billion in Mortgage Bonds
Attempting to lower housing prices, the administration is looking to step up a portfolio that was at the heart of the 2008-09 financial crisis.
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Apple Waives Age Cap for Two Board Members, Including Chair Levinson
The tech giant's board said it determined it would be in the best interests of Apple and its shareholders to ask Art Levinson and audit committee chair Ron Sugar to stand for re-election.
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xAI Under Fire for Sexualized Child Photos on Grok
Researchers say Elon Musk's company is bringing dangerous imagery into the mainstream.
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Paramount Defends Its Hostile Bid for Warner
Warner previously said the offer wasn't "even comparable" to Netflix's deal.
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Aritzia Boosts Fiscal-Year Guidance on Strong Holiday Shopping Trends
The clothing retailer raised its fiscal year guidance after sales climbed in its latest quarter on momentum that continued through the holiday shopping period.
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New York Attorney General Demands Instacart Share Information on Price Testing
New York Attorney General Letitia James is demanding that Instacart share information about its price-testing experiments following a report that the app's users were charged different prices for identical products from the same stores.
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Walmart Launches Digital Healthcare Platform
Walmart launched Better Care Services, a digital network of healthcare providers, and will trim prices on some wellness-related products.
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Pinnacle Apartment Sale Moves Ahead Despite New York City Objection
An auction for roughly 5,500 rent-regulated apartments takes place on Thursday after a bankruptcy judge rejected the city's request to delay it.
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Soho House's $2.7 Billion Deal to Go Private Hits a Last-Minute Funding Snag
Hotel owner MCR said it can't make a $200 million commitment in time, sending Soho House's financial partners scrambling for other options.
(END) Dow Jones Newswires
January 08, 2026 23:00 ET (04:00 GMT)
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