America's Biggest Power Grid Operator Has an AI Problem-Too Many Data Centers
Increasing demand from the tech industry threatens to max out generation capacity in a 13-state region. Consumers are furious about rate increases.
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Behind the Unraveling of Apple's Credit-Card Partnership With Goldman Sachs
After more than two years of negotiations, one of the biggest credit-card deals of all time will see Goldman replaced by JPMorgan on the Apple credit card.
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AbbVie Strikes $100 Billion Investment Deal With Trump, Will Lower Medicaid Prices
As part of the three-year deal, the Trump administration exempted AbbVie from tariffs and future pricing mandates, the company said.
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Target's Stores Become an ICE Battleground in Hometown Minneapolis
The retailer faces calls for action from some locals after two employees are detained on the job.
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Alphabet Becomes Newest $4 Trillion Company, Joining Nvidia
Optimism about its growing AI business gave the Google parent entry to a rarefied club.
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TSMC Plans U.S. Expansion in Proposed Taiwan Tariff-Relief Deal
The Trump administration has been negotiating for months to bring more high-tech chip manufacturing to the U.S.
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OpenAI Set to Run Another Super Bowl Ad as Chatbot Competition Heats Up
AI companies are engaged in an expensive arms race to attract users and alleviate public anxiety about the technology.
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Lynas Rare Earths CEO Amanda Lacaze to Depart
The Australian rare-earths producer will consider both internal and external candidates to succeed Lacaze, who will remain with the company until the end of June.
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Judge Rules Orsted Can Resume Work on Revolution Wind Project
Project off the coast of Rhode Island and Connecticut will go ahead after judge says Trump administration's national security arguments aren't sufficient.
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Capital One to Pay $425 Million in 360 Savings Interest-Rate Settlement
Capital One Finance has agreed to pay $425 million over claims it misled consumers about a high-yield savings program.
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Airbus Hits Revised Plane Delivery Target
The European plane maker said it dispatched 793 commercial aircraft to 91 customers last year, in line with company guidance of about 790 deliveries.
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STG Logistics Files for Chapter 11 Amid Lender Lawsuit
Bankruptcy follows a judge's decision not to release STG from case brought by minority lenders.
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Paramount Plans Proxy Fight to Push Hostile Warner Bid
The company also filed a lawsuit Monday seeking more information on Warner's deal with Netflix.
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Meta Creates High-Powered Team to Oversee AI Infrastructure Buildout
The move taps one of the most senior women on Wall Street to help lead the company's next phase of growth.
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Volkswagen Car Deliveries Edge Lower on Challenges in China and Tariffs
Volkswagen-which houses brands including Audi and Porsche-said group car deliveries fell 0.5% in 2025, with deliveries in China down 8%.
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Abercrombie, Urban Outfitters Have Strong Year-End Sales. Investors Aren't Sold.
Abercrombie and Urban Outfitters are continuing to record strong sales despite overall weak consumer sentiment, but the stocks of the teen retailers are falling after they missed Wall Street's expectations.
(END) Dow Jones Newswires
January 12, 2026 23:00 ET (04:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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