Dow Jones Top Company Headlines at 7 AM ET: TikTok Finalizes Deal to Keep Operating in the U.S. | Ericsson ...

Dow Jones01-23

TikTok Finalizes Deal to Keep Operating in the U.S.

The agreement was negotiated to comply with a 2024 law requiring the company to make a deal to address U.S. national-security concerns.

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Ericsson Shares Jump on Earnings Beat and Cash Returns

Shares rose as much as 12% in early European trades as the company returns cash to shareholders following cost-cutting measures and the sale of its Iconectiv business.

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BASF Earnings Miss Guidance

Shares fell after the chemical group prereleased earnings that fell short of both its guidance and consensus expectations.

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Arms Maker CSG's Shares Surge on Amsterdam Stock-Market Debut

The stock was 28% higher than its initial asking price-implying a market value of more than $37 billion-making it the world's largest defense IPO ever.

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Sanofi Says Its Amlitelimab Drug Showed Promising Results in Treating Eczema

Sanofi said its amlitelimab drug confirmed its potential to treat eczema in patients 12 years and older in two late-phase studies.

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Babcock Picks Internal Successor as CEO Lockwood Plans to Retire

Harry Holt will be promoted to chief executive officer when David Lockwood retires after roughly half a decade at the helm.

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Intel Shares Fall on Swing to Loss

The troubled chip maker has seen its shares rise with AI demand and new investors, but revenue sagged 3.9% year-over-year to $13.7 billion.

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Airlines Brace for Weekend of Travel Chaos as Winter Storm Fern Barrels Across U.S.

Airlines have already canceled nearly 70 flights, but that number is likely to increase. Weathertrends360 says the storm is likely to hurt retail store traffic on the last weekend of their fiscal fourth quarters.

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Capital One Strikes $5.15 Billion Deal for Fintech Brex

The deal gives the credit-card issuer access to technology used by thousands of companies for corporate credit cards.

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Clorox to Buy Purell-Maker Gojo for $2.25 Billion

Clorox said the all-cash deal, which is being funded with debt, will help it expand further into the health and hygiene categories.

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First Brands Lenders Balk at Second Lifeline, Explore Liquidation

Top lenders to the auto-parts supplier are resisting a second loan sought by the company after the original bankruptcy financing collapsed in value.

 

(END) Dow Jones Newswires

January 23, 2026 07:00 ET (12:00 GMT)

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