Meta Lifts Cost of Louisiana Data Center to $50 Billion
The company scaled up the size of its massive data-center project in Northeast Louisiana to 5 gigawatts of compute capacity and said it would now cost more than $50 billion.
----
Intel to Invest €5 Billion for Expanded Manufacturing in Ireland
The upgrade is part of chipmaker's effort to meet AI chip demand and strengthening Europe's semiconductor supply chain.
----
Nippon Paint Makes $8.6 Billion Bid for AkzoNobel's Decorative-Paints Unit
The move for the Akzo unit follows an earlier attempt by Nippon Paint to buy the group as a whole and split it with Sherwin-Williams.
----
Williams Gets $5.34 Billion Investment from Blackstone-led Group
As part of the deal, Blackstone and its partners will receive 49% noncontrolling equity interest in five power-infrastructure projects.
----
Stellantis Shipments Rise on Strong Growth in North America
Jeep maker Stellantis reported an estimated 10% increase in second-quarter vehicle shipments, driven by new model launches in North America.
----
Apple's 'Thermonuclear' Response to the OpenAI Threat
Apple's suit against OpenAI under Tim Cook echoes a familiar playbook, betting that litigation can delay a rival from upending the iPhone era.
----
Serta's Landmark Liability Management Deal Backfires on Participating Lenders
A bankruptcy judge last week ordered the mattress maker's lenders in the 2020 debt exchange to pay damages to nonparticipating creditors based on loan face values.
----
Shein Targets Over $40 Billion Valuation After China Nod for IPO
The fast-fashion retailer has received China's nod for its long-awaited Hong Kong initial public offering.
----
Can Biogen Convince Skeptics That Cutting a Rogue Protein Slows Alzheimer's?
Biogen will present detailed Phase 2 study data for its experimental Alzheimer's drug diranersen at a conference in London.
----
EU Proposal to Curb Minors' Access to Social Media Coming Later This Year
The bloc is working to curb minors' access to social media with a proposal likely to land after the summer.
----
Kathryn Ruemmler Digs In at Goldman, Complicating Search for Next General Counsel
The investment bank's lawyer defended her long relationship with Jeffrey Epstein and blamed Goldman executives for leaks.
----
Regis Resources Won't Match Genesis Bid For Vault Minerals
Regis Resources said it won't match a rival US$3.9 billion bid for Vault Minerals made by Genesis Minerals, as a planned merger of the gold-mining companies would then no longer meet its thresholds for value and returns.
----
Brookfield Plans to Buy Stake in Hudson Square Complex in Bet on Manhattan Tech Hub
Deal would value West Side office portfolio at $3.5 billion as demand surges from tech and AI firms.
(END) Dow Jones Newswires
July 13, 2026 11:00 ET (15:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments