Dow Jones Top Company Headlines at 5 AM ET: Elliott Builds Stake in Japan Shipping Giant Mitsui O.S.K. Lines | Nvidia ...

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Elliott Builds Stake in Japan Shipping Giant Mitsui O.S.K. Lines

Elliott Investment Management has built a stake in Mitsui O.S.K. Lines, saying the Japanese shipping giant is materially undervalued.

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Nvidia Says It Is Restarting Production of AI Chips for Sale in China

CEO Jensen Huang said the chip maker's supply chain is "fired up" after months of mixed signals from the Chinese market.

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Amazon Plans Drastic Cut in Packages Sent Via Already-Struggling Postal Service

The e-commerce giant wants to reduce its postal volume by at least two-thirds by this fall.

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Micron Heads Into Earnings With Sky-High Expectations From AI Boom

Micron Technology is expected to post record earnings and revenue as booming AI data-center demand pushes memory prices higher and reshapes the industry's traditional boom-and-bust cycle.

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BASF to Hike Some Prices by Up to 30% or More as Energy, Materials Costs Soar

Prices of products in home-care, industrial and institutional cleaning and industrial formulators segments in Europe will rise effective immediately or as allowed by existing contracts.

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Starz Will Face Minority Creditors' Lawsuit Over Studio Spinoff

A New York judge allowed a lender lawsuit over the separation of Lions Gate's studio assets from Starz to proceed.

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Tesla, LG Bet on U.S. Batteries With $4.3 Billion Michigan Plant

LG Energy Solution will produce battery cells for Tesla's fast-growing energy-storage business.

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BHP Names Americas Chief Brandon Craig as CEO

The veteran executive has run the miner's Americas operations since March 2024 and will succeed Mike Henry in the role.

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Google Partners with CMS on Linking Medical Records to Fitbit

One feature will allow Fitbit users to share their medical records with the app's AI-powered health coach.

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Lululemon Appoints a New Board Member Amid Calls for Change

Former Levi Strauss CEO Chip Bergh is joining the company as its estranged founder pushes for a board shake-up.

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Arizona Files Illegal-Gambling Charges Against Predictions Platform Kalshi

The state says the startup predictions platform violates laws against unlicensed wagering and betting on elections.

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Alimentation Couche-Tard Records Higher Profit, Revenue in Third Quarter

The convenience-store operator logged a quarterly profit of $757.2 million, up from $641.4 million a year earlier.

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InCommodities Inks $141.5 Million Australian Battery Deal With Vena Group

InCommodities, the Danish energy trader backed by Goldman Sachs, has signed a battery storage agreement with Vena Group in Australia valued at 200 million Australian dollars, equivalent to US$141.5 million.

 

(END) Dow Jones Newswires

March 18, 2026 05:00 ET (09:00 GMT)

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