Dow Jones Top Company Headlines at 9 AM ET: Blue Owl's $36 Billion Private Credit Fund Hit by 22% Withdrawal Request | Bed ...

Dow Jones04-02 21:00

Blue Owl's $36 Billion Private Credit Fund Hit by 22% Withdrawal Request

Private-credit fund manager reverses course and limits redemptions to 5% as outflows accelerate.

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Bed Bath & Beyond to Buy The Container Store

Bed Bath & Beyond has agreed to acquire storage and organization retailer The Container Store and its brands Elfa and Closet Works in a push to fill gaps in the company's retail and home services strategy.

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TotalEnergies, Masdar Form $2.2 Billion Asia Renewables Joint Venture

The venture will be the two companies' sole vehicle for developing and operating renewable energy and battery storage projects in nine Asian countries.

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WME Sells Sports Agency to Publicis

Publicis Groupe is set to acquire 160over90 in a bid to win more of advertisers' spending in sports.

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Musk's SpaceX Files to Go Public in One of the Biggest IPOs Ever

The company, which launches satellites and is building an AI business, is aiming to raise between $40 billion and $80 billion in an offering.

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State Farm Is in Trump's Crosshairs Over L.A. Fires

The president called the insurer "absolutely horrible" after conversations with local officials including Los Angeles Mayor Karen Bass.

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GM Sales Fall Nearly 10% as Auto Industry Sputters

Analysts expect U.S. new-vehicle sales to drop about 7% in the first quarter.

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Lilly's Obesity Pill Approval Kicks Off New Front in Weight-Loss Drug Wars

The drugmaker's pill will take on a rival from Novo Nordisk in the booming multibillion-dollar obesity drug market.

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The Soap Opera at Hedge Fund Two Sigma Has a New Plot Twist

Co-founders John Overdeck and David Siegel stepped down as co-CEOs in 2024. They're still fighting over their successors.

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Shake Shack Leans on Loyalty Program and Tech to Drive Growth

The burger chain joins a list of restaurant chains leaning into loyalty programs to drive growth.

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Toy Maker Hasbro Hit in Cyberattack

The company warned of possible delays in product ordering and shipping

 

(END) Dow Jones Newswires

April 02, 2026 09:00 ET (13:00 GMT)

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