After Saks's Collapse-a Bitter Rift With Amazon
The department-store chain's bankruptcy throws one of Amazon's biggest bets on luxury retail into doubt
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Bank CEOs Carefully Push Back on Trump's Credit-Card Rate Cap
Bank executives are tiptoeing around President Trump's call to temporarily cap credit-card interest rates at 10%, opposing the idea while making sure not to antagonize the White House.
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Beyond Meat Tests Protein Beverages in Bid for Much-Needed Growth
The struggling company may create new risks in an attempt to design products based on its core plant-protein base, experts say.
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OpenAI to Begin Testing Ads in ChatGPT in Push for Fresh Revenue
CEO Sam Altman once said advertising was a "last resort" for the company.
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Walmart Reshapes Leadership Team as John Furner Prepares to Take the Helm
The changes elevate a group of longtime executives and will take effect when the new chief executive takes over next month.
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JPMorgan Forms New Team to Get In on the Boom in Private Markets
While IPOs are expected to rise this year, the bank is betting on a structural shift in how companies raise capital.
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TransDigm to Buy Jet Parts Engineering, Victor Sierra Aviation for $2.2 Billion
The two businesses generated about $280 million in combined revenue in 2025.
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Halliburton and Its Rivals Can't Wait to Get Back Into Venezuela
When it comes to stepping up Venezuelan oil production, investors bet that the early returns will go to oil-field services companies.
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Novo Nordisk's Wegovy Weight Loss Shot Approved At Higher Dose in U.K.
The U.K.'s health regulator approved a higher dose of Novo Nordisk's Wegovy weight-loss drug applicable to patients with a body mass index of at least 30.
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Diana Nominates 6 Candidates for Genco's Board, Teeing Up Proxy Fight
The nominations come days after Genco rejected Diana's offer to acquire the company via an all-cash deal. Diana has a roughly 14.8% stake in Genco.
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Mitsubishi to Buy Shale-Gas Assets in Texas, Louisiana for $5.2 Billion
The Japanese trading house agreed to acquire Aethon's shale-gas assets for $5.2 billion, its biggest acquisition ever.
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Trump to Push Plan for Tech Companies to Fund New Power Plants
The White House proposal, set to be announced Friday, would involve an emergency auction within the country's biggest power market.
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State Street Profit Falls as Expenses Jump
State Street logged lower profit in the fourth quarter, despite achieving what it called record revenue, as expenses jumped.
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PNC Profit Rises as Loans Increase
PNC posted higher fourth-quarter profit on the back of loan growth and increased demand for its financial services.
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M&T Bank Profit Rises on Higher Net Interest Income
M&T Bank posted higher fourth-quarter profit, boosted by growth in its net interest income and net interest margin.
(END) Dow Jones Newswires
January 16, 2026 15:00 ET (20:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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