Dow Jones Top Company Headlines at 1 PM ET: GM Faces Safety Probe Over Engine-Failure Concerns in Nearly One Million Vehicles | Nvidia ...

GM Faces Safety Probe Over Engine-Failure Concerns in Nearly One Million Vehicles

Regulators say hundreds of owners have complained about engine problems despite an earlier recall.

----

Nvidia in Talks to Invest in Data-Center Power Developer Cloverleaf

The deal involves an investment of several hundred million dollars and cements the chip maker's role in developing data-center projects at the earliest stages.

----

Italy's Monte dei Paschi Makes $40 Billion Move to Buy Rival Banks

The all-share bids for Banco BPM and Banca Generali comes as Monte dei Paschi fights off a takeover offer from Intesa Sanpaolo.

----

BJ's Wholesale Wins Value-Seeking Shoppers With Deals on Gas and Groceries

BJ's Wholesale Club raised its full-year profit outlook, as lower gas prices and deals on groceries drew more customers to its warehouses in the latest quarter.

----

Trump Wants to Revive Keystone XL. The Industry Has a Different Plan.

A trio of proposed pipelines would serve the same function-delivering heavy oil from western Canada to Gulf Coast refineries-without the hot-button name.

----

Private Equity Is Deploying an Army of AI Wonks to Embed in the Firms They Back

Wall Street firms see big business potential in offering AI services to the broader business world.

----

Blackwater's Erik Prince Launches Air-Defense Startup

The private security contractor has joined with Ukraine company Swarmer to offer defense technology to Middle East sites getting hit by Iran.

----

Hyundai's Union Launches First Full-Day Strike in Decade

The daylong strike at the South Korean automaker, the first since 2016, followed months of failed wage negotiations and a series of partial walkouts.

----

GM Ruled U.S. Auto Sales for 100 Years. Now Toyota Is Closing In.

The American automaker is increasing profits while selling fewer vehicles as its rival pursues an opposite approach.

----

Layoffs at JPMorgan Hit Highest Level Since 2015

The country's largest bank filed six layoff notices between February and July, impacting nearly 800 employees in Texas, New Jersey, and California.

----

Abbott to Pay $670 Million to Settle Baby-Formula Litigation

The bulk settlement relates to the Gill lawsuit, in which a Missouri jury ordered the company to pay $495 million in damages after determining it failed to warn that its formula for preterm infants increased the risk for a bowel disease.

----

SpaceX Is Racking Up Wins in Washington

The Elon Musk-led rocket and AI company is landing lucrative contracts and benefiting from the Trump administration's deregulatory push.

----

Former Abercrombie & Fitch CEO Ruled Competent to Face Sex-Trafficking Trial

Mike Jeffries has claimed dementia made him unfit to face charges that he coerced male models for sex.

(END) Dow Jones Newswires

August 21, 2026 13:00 ET (17:00 GMT)