Dow Jones Top Company Headlines at 3 am ET: L'Oreal Taps Advisers to Explore Unloading Chemical-Related Liabilities | SoftBank-Backed ...

Dow Jones10-06

L'Oreal Taps Advisers to Explore Unloading Chemical-Related Liabilities

The cosmetics company's U.S. subsidiary is working with Weil Gotshal and Ducera to address talc-related lawsuits.

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SoftBank-Backed DayOne Data Centers Plans to Raise Up to $5.0 Bln in U.S. IPO

Singapore-based DayOne Data Centers plans to list its American depositary shares on the Nasdaq by the end of the year.

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Berkshire Buys $190 Million More Lennar Stock; It Now Owns 12% of the Big Homebuilder

Berkshire's latest purchases were made last Thursday and Friday. Lennar stock fell almost 7% Monday after the publication of a negative report on the company.

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NYC Lawmakers Grill AI Executives and Former Employees as City Weighs Guardrails

Former Anthropic researcher Jacob Coxon repeated his warnings at a hearing Monday.

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KKR Strikes Deal to Buy Private-Capital Fund Administrator Gen II

Private-capital funds have proliferated in recent years as investors seek to reduce reliance on public markets.

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Supreme Court Questions Oil Companies' Bid to Shut Down Climate Lawsuits

Justices debate whether local governments can sue energy giants for harms linked to climate change.

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Barbie-Maker Mattel Faces Growing Shareholder Pressure to Consider a Sale

Ariel Investments, which has a 5.4% stake in Mattel, said Monday it believes the company's shares remain significantly undervalued with its current structure as a public company.

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Electronic Arts Bondholders Allege Default Following Largest LBO

EA bondholders alleged a $1.4 billion debt default, escalating a dispute over whether the videogame maker must pay them off at a premium after going private in the largest leveraged buyout of all time.

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Texas AG Paxton Launches Investigation Into UnitedHealth Group

Texas Attorney General Ken Paxton has sent civil investigative demands to the company to collect evidence around potential violations of the Texas Deceptive Trade Practices Act, according to his office.

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Centalion, Fresh From Rebrand, Does Deal for U.S. Gas Fields

The trading firm formerly known as Gunvor is poised to become a major player in the Haynesville basin with $1.5 billion deal.

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Paramount Names Leadership Team for Combined Entity Post $81 Billion Warner Deal

David Ellison, CEO of Paramount, will be chairman and chief executive of the combined company-dubbed Skydance-alongside co-CEO Ynon Kreiz.

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C.H. Robinson to Buy RXO for About $5.8 Billion

C.H. Robinson Worldwide has agreed to buy truck broker RXO for around $5.8 billion in cash and stock in a deal that would create a logistics company with an enterprise value topping $25 billion.

 

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