Jeff Bezos in Talks to Raise $100 Billion for AI Manufacturing Fund
The Amazon.com founder has traveled to the Middle East and Singapore in a fundraising effort linked to the Project Prometheus AI startup.
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Uber to Invest Up to $1.25 Billion in Rivian Robotaxis
The partnership could bring thousands of Rivian R2 robotaxis to cities in the U.S., Canada and Europe.
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Novo Nordisk's Higher Dose Wegovy Weight-Loss Drug Gains U.S. Approval
The Danish drugmaker said the accelerated approval was based on results from its Step Up trial, which showed 20.7% mean weight loss for participants with obesity.
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Ecolab Nears Deal for KKR's Data-Center Cooling Company
Ecolab is set to pay between $4.5 billion and $5 billion for the business.
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Lilly's Retatrutide Shows Significant Improvement In Weight Loss and Blood Sugar
Eli Lilly's experimental weight-loss drug retatrutide met the primary and key secondary endpoints in a trial, showing significant reductions in weight loss and blood sugar levels.
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Alibaba Earnings Disappoint, but AI Outlook Bright
The Chinese tech giant is zeroing in on making AI a key engine of growth, continuing to upgrade its Qwen model series and integrating it into its core ecosystem.
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3M, Bain Capital to Buy Madison Fire & Rescue, Form Safety Venture
3M is teaming up Bain Capital to buy Madison Fire & Rescue for $1.95 billion as part of a deal to form a new fire and safety venture.
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Accenture Revenue Rises as AI Adoption Boosts Bookings
Accenture reported higher second-quarter revenue as companies' AI adoption continues to drive demand for its services.
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Tesla Faces Expanded U.S. Probe Over Self-Driving Performance in Poor Weather
The escalation by federal safety regulators could result in a recall campaign or other enforcement action.
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Darden Sales Rise, Boosted by LongHorn Steakhouse
Darden Restaurants reported higher third-quarter sales, led by growth in its LongHorn Steakhouse brand.
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Shell Says Production at Pearl GTL Plant in Qatar Halted After Iranian Attack
One of the two trains at Pearl GTL, the world's largest gas-to-liquids plant, sustained damage after Iranian missiles struck the Ras Laffan complex in Qatar.
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Samsung to Invest Over $70 Billion in Bid for Edge in AI Chips Race
Samsung Electronics plans to invest over $70 billion this year to vie for dominance in manufacturing artificial-intelligence chips.
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Apple Is Way Behind in AI-and Still Making a Fortune From It
The iPhone maker's AI revenue is set to top $1 billion this year, reassuring investors who are wary of the sky-high spending of its rivals.
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Eight States Sue to Block $6.2 Billion Nexstar-Tegna Merger
California, New York and others argue the deal would result in excessive concentration in some local TV markets.
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Vonovia Swings to Net Profit on Rental Business Strength
The real-estate company posted a net profit of €3.72 billion in 2025 compared with a net loss of €896 million in the prior year.
(END) Dow Jones Newswires
March 19, 2026 15:00 ET (19:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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