Dow Jones Top Company Headlines at 5 PM ET: BlueScope Steel Gets $8.8 Billion Takeover Offer From SGH, Steel Dynamics | GM, ...

Dow Jones01-06 06:00

BlueScope Steel Gets $8.8 Billion Takeover Offer From SGH, Steel Dynamics

Under the proposal, SGH would acquire all of BlueScope's shares and then sell BlueScope's North American businesses to Steel Dynamics.

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GM, Toyota Hint at Tough Year Ahead for U.S. Auto Sales

Sales are expected to slow after three years of gains as consumers push back on rising prices.

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U.S. Companies Score Wins in Global Tax Deal

The Trump administration issued threats but stayed inside global talks-then bent them its way.

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Chevron, Exxon and SLB Stocks Are Surging but Oil Prices Are Hardly Moving. What's Up.

Oil stocks were soaring early Monday even as crude prices were only up around 1% following the surprise U.S. operation to capture Venezuelan President Nicolás Maduro.

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Wegovy Pill Now Broadly Available Across U.S.

Novo Nordisk's Wegovy weight-loss pill is now broadly available across the U.S., two weeks after it received U.S. regulatory approval, the Danish drugmaker said.

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Universal Music to Buy Stake in India's Bollywood Movie Studio Excel for $90 Million

Universal Music Group will acquire a minority stake in Indian movie and digital content studio Excel Entertainment, boosting its presence in a market with high growth potential for recorded music.

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QXO Gets a $1.2 Billion Apollo-Led Investment for M&A

Building-supplies company QXO, led by serial acquirer Brad Jacobs, landed a major investment to help fund future deals.

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AT&T to Move HQ From Downtown Dallas to Suburb, Joining an Exodus From the Area

The telecom company's departure delivers another blow to one of the country's worst-hit central business districts.

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Bed Bath & Beyond Names Exec Chairman Lemonis CEO

Bed Bath & Beyond appointed its executive chairman of the board Marcus Lemonis as its new chief executive. Lemonis was previously CEO of Camping World.

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Sanofi Says FDA Agrees to Review Diabetes Drug Age Range

The company said the regulator accepted a priority review to potentially expand the current age range for its Tzield type-1 diabetes drug to include children as young as one year old.

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Tesla Stock Could Be Worth Just $80. The Price Is Rising.

A former Fidelity portfolio manager posted a valuation for Tesla on Saturday. It's low.

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Comcast Spinoff Versant Starts Trading Today. The Stock Is Dropping.

The final separation of Comcast and Versant took place after Friday's close, completing a carve out first announced in November 2024.

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Simulation or Not, Musk's Surreal Year Could Push Him to $1 Trillion Heights

Elon Musk could become the world's first trillionaire, even without his new Tesla pay package.

 

(END) Dow Jones Newswires

January 05, 2026 17:00 ET (22:00 GMT)

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