Dow Jones Top Company Headlines at 9 am ET: Meta Lifts Cost of Louisiana Data Center to $50 Billion | Nippon ...

Dow Jones
Jul 13

Meta Lifts Cost of Louisiana Data Center to $50 Billion

The company scaled up the size of its massive data-center project in Northeast Louisiana to 5 gigawatts of compute capacity and said it would now cost more than $50 billion.

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Nippon Paint Makes $8.6 Billion Bid for AkzoNobel's Decorative-Paints Unit

The move for the Akzo unit follows an earlier attempt by Nippon Paint to buy the group as a whole and split it with Sherwin-Williams.

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Stellantis Shipments Rise on Strong Growth in North America

Jeep maker Stellantis reported an estimated 10% increase in second-quarter vehicle shipments, driven by new model launches in North America.

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Apple's 'Thermonuclear' Response to the OpenAI Threat

Apple's suit against OpenAI under Tim Cook echoes a familiar playbook, betting that litigation can delay a rival from upending the iPhone era.

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Serta's Landmark Liability Management Deal Backfires on Participating Lenders

A bankruptcy judge last week ordered the mattress maker's lenders in the 2020 debt exchange to pay damages to nonparticipating creditors based on loan face values.

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Shein Targets Over $40 Billion Valuation After China Nod for IPO

The fast-fashion retailer has received China's nod for its long-awaited Hong Kong initial public offering.

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Can Biogen Convince Skeptics That Cutting a Rogue Protein Slows Alzheimer's?

Biogen will present detailed Phase 2 study data for its experimental Alzheimer's drug diranersen at a conference in London.

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EU Proposal to Curb Minors' Access to Social Media Coming Later This Year

The bloc is working to curb minors' access to social media with a proposal likely to land after the summer.

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Kathryn Ruemmler Digs In at Goldman, Complicating Search for Next General Counsel

The investment bank's lawyer defended her long relationship with Jeffrey Epstein and blamed Goldman executives for leaks.

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Brookfield Plans to Buy Stake in Hudson Square Complex in Bet on Manhattan Tech Hub

Deal would value West Side office portfolio at $3.5 billion as demand surges from tech and AI firms.

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Regis Resources Won't Match Genesis Bid For Vault Minerals

Regis Resources said it won't match a rival US$3.9 billion bid for Vault Minerals made by Genesis Minerals, as a planned merger of the gold-mining companies would then no longer meet its thresholds for value and returns.

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Disney's 'Moana' Remake Crashes at Box Office

The live-action version came just 10 years after the original animated hit.

 

(END) Dow Jones Newswires

July 13, 2026 09:00 ET (13:00 GMT)

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