Merck Reaches Nearly $6 Billion Deal for Cancer Biotech Terns
The drugmaker has been seeking to bolster its pipeline as its top-selling drug, Keytruda, is set to lose patent protection.
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Sony, Honda Put Brakes on Electric-Vehicle JV
Sony Honda Mobility has decided to discontinue the development and launch of its first model, the Afeela 1, as well as a second vehicle that had been under development.
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Meta Targets $9 Trillion Valuation With New Executive Incentive Program
New stock option program could pay some executives hundreds of millions of dollars if they reach aggressive growth targets.
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Sandisk Investing $1 Billion in Nanya Technology
Sandisk is investing $1 billion in Nanya Technology in connection with a multi-year supply arrangement with the Taiwan chip maker.
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Monte Dei Paschi Chooses CEO to Succeed Luigi Lovaglio
The bank intends to propose Fabrizio Palermo, the boss of Italian water operator Acea, as its next chief executive.
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There's One Clear Winner From the Long TSA Wait Times at Airports
Frustrated passengers are signing up for Clear's fast-lane service in droves-and driving up its share price.
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Labubu Maker's Earnings Show It's Not Toying Around, But Investors Aren't Amused
Pop Mart posted blockbuster earnings off the global Labubu craze, but that didn't stop investors from dumping its stock, which closed 22.5% lower on Wednesday.
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Chip Giant SK Hynix Seeks U.S. Listing as It Spends to Meet AI Demand
The listing could attract more global investors to help fund the company's investment plans.
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Macquarie Asset Management Top Contender to Buy Stake in Tower Company
Australia's Macquarie Asset Management has emerged as the lead contender to acquire Axiata Group's majority stake in one of the world's biggest telecommunications tower firms.
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Arm Holdings to Sell Its Own Chips. Some Customers Could Become Rivals.
Since Rene Haas became CEO in 2022, Arm has been aggressively pursuing revenue growth through price hikes and bundling.
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OpenAI Scraps Sora Video Platform Months After Launch
The app, released last year, allowed people to insert themselves into famous movie scenes, among other functions.
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Anduril, Palantir Are Developing Golden Dome Missile Shield's Software
The firms are part of a consortium working on the $185 billion project's operating system.
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U.S. Government's Ban on Anthropic Looks Like Punishment, Judge Says
The AI company is challenging its designation as a national security risk by the Pentagon.
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Temu Parent PDD Reports Earnings Wednesday. The U.S.-Listed Chinese Stock Needs a Boost.
China has pledged to expand the global 'trade pie,' while its exports have been booming so far this year.
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Block CFO Says Deep Job Cuts From AI Are an Inevitability for Companies
The payments company expects to generate $2 million in gross profit per employee this year following recently announced layoffs, up from $1 million in 2025.
(END) Dow Jones Newswires
March 25, 2026 07:00 ET (11:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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