Dow Jones Top Company Headlines at 5 PM ET: Paramount Settlement of Antitrust Case Approved by Judge | Micron ...
Dow Jones2026/09/30 21:00Paramount Settlement of Antitrust Case Approved by Judge
The deal announced last week with 12 states, led by California, clears the way for the company's $81-billion acquisition of Warner Bros. Discovery.
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Micron Profit, Revenue Surge on Memory Demand
The semiconductor company had a fourth-quarter profit of $37.7 billion as its memory chips remained a hot commodity amid the build-out of artificial-intelligence infrastructure.
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FTC Opens Investigation of Anthropic and OpenAI
Agency aims to use its consumer-protection powers to examine whether AI labs have misled the public about dangers from the technology.
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Walgreens Owner Nears Deal to Sell British Pharmacy Chain Boots
The private-equity firm Sycamore Partners is in talks with the billionaire Weston family about a deal valued at roughly $9 billion, including debt.
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Wall Street's Trading Desks Come Down From a Record High
Bankers expect third-quarter revenue to be better than normal, but not to match the big gains earlier this year
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Amazon Tries to Boost Nuclear Power in Maryland After Scrapping Data Center Deal
The tech giant will help expand power generation at Constellation Energy's Calvert Cliffs plant and explore adding new reactors there.
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German Union Warns of Potential Conflict With Volkswagen Over Wage Deals
The German automaker has been working on a broad cost-cutting plan throughout 2025 and 2026 following an agreement with its powerful unions that included 50,000 job cuts in Germany by 2030 and billions of euros a year in cost savings.
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Ford F-150 Sales to Drop This Quarter Over Supplier Issue
The automaker has been working to recover truck production after an aluminum supplier was knocked offline last year.
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Grindr Agrees to Buy HIV-Prevention Telehealth Provider Freddie for $250 Million
The gay dating-app's first major acquisition reflects a broader expansion into the healthcare business.
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Lilly's Next-Gen Obesity Drug Helps People Lose Even More Weight in Study
A drug combination studied in people with Type 2 diabetes lowered blood sugar and helped people lose more weight than with Zepbound alone.
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BMW to Slim Workforce and Boost Efficiencies Through Increased AI Integration
The automaker said the number of divisions and management roles will be cut by 20% over the coming months as it readies for increasingly challenging market conditions.
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Conde Nast CEO Roger Lynch Steps Down to Join Mattel
Lynch takes the reins at the toy maker as it tries to lean in to Hollywood ambitions and become an entertainment company.
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General Mills Taps COO to Helm Its Turnaround
The cereal and packaged-foods maker has named its chief operating officer, Dana McNabb, to succeed Jeff Harmening at the helm.
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Hormel Foods to Buy Brakebush Brothers for About $1.06 Billion
The parent of Spam lunch meat and Skippy peanut butter expects the Brakebush acquisition will expand its position in value-added chicken.
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Conagra Sees Inflation Rising Due to High Transportation Costs
The food manufacturer, which owns Orville Redenbacher's popcorn and Slim Jim meat sticks, said fiscal first-quarter profit rose to $174.3 million, or 36 cents a share, from $164.5 million, or 34 cents a share, a year earlier.
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DoorDash Reaches Deals to Sell More Shoes and Clothing
The app, known for delivering food quickly, is joining with companies such as Anthropologie, Timberland and Macy's.
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Amex Adds AI, Expense Tracking to Corporate Card to Counter Fintech Rivals
American Express has rolled out an expense-management platform with AI features alongside its new corporate card, as the company's corporate business faces mounting competition from fintechs.
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Cal-Maine Posts Another Quarterly Loss as Low Egg Prices Persist
An oversupply of eggs has put downward pressure on wholesale prices, Cal-Maine Chief Executive Sherman Miller said.
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Apple Launches Mobile Payment Services in India
Users in India can now use Apple Pay on iPhones, iPads and Apple Watches via a partnership with Axis Bank, one of the largest private-sector lenders in the country.
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Porsche SE Says German Court Has Dismissed $6.1 Billion Lawsuit Brought by Investors
The court dismissed appeals from hedge funds seeking damages from the company's failed takeover bid for Volkswagen in 2008.
(END) Dow Jones Newswires
September 30, 2026 17:00 ET (21:00 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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