Dow Jones Top Company Headlines at 11 PM ET: Drugmakers Have Pledged to Invest $350 Billion in U.S. After Tariff Threat | U.S. ...

Drugmakers Have Pledged to Invest $350 Billion in U.S. After Tariff Threat

GSK and Eli Lilly are the latest to unveil plans to add to manufacturing and increase other operations in America.

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U.S. Tech Giants Pledge Over $40 Billion in U.K. Investments Ahead of Trump Visit

Firms including Microsoft, Alphabet and Nvidia said they will help expand the country's artificial-intelligence infrastructure over the next few years.

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U.S. Investors, Trump Close In on TikTok Deal With China

Oracle, Silver Lake and Andreessen Horowitz are part of a consortium that would control an 80% stake.

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Tencent Plans $1.27 Billion Debt Issuance

The Chinese technology giant plans to issue debt and raise $1.27 billion, joining peers aggressively securing capital to invest in artificial intelligence.

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BHP to Shutter Coal Mine, Cut 750 Jobs

The world's largest miner by market value will shutter one of the coal mines it runs in Australia with Mitsubishi, in response to soft coal prices and high royalties.

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LG Battery Unit Continues U.S. Projects After Raid

Hyundai's CEO earlier had said the disruption caused by the raid would set back construction of a Georgia battery plant by two or three months.

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Rivian Is Building a Georgia Factory in the Face of an EV Slump

The plant, scheduled to open in 2028, would support the company's R2 sport-utility vehicle and smaller R3 crossover model.

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Nestle Chairman to Step Down After Abrupt CEO Firing

The maker of Nescafe coffee said Paul Bulcke would step down earlier than planned after the ouster of former CEO Laurent Freixe earlier this month.

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End of De Minimis Tariff Exemption Pushed Ssense Into Bankruptcy Protection

The luxury retailer is among the first to cite the tariff rule as a reason for restructuring.

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Serta Lenders Denied $340 Million Asset Freeze Against Rival Group

Minority lenders had accused a majority group of dissipating company assets ahead of trial on a contested 2020 debt deal.

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NYC Real-Estate Firm Nears Deal to Buy Troubled Office Landlord Paramount

Rithm Capital is seen edging out investment firm Blackstone and office owners SL Green and Vornado for the property portfolio.

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StubHub's stock starts trading Wednesday. The IPO is a bet on the polarizing practice of ticket resale.

StubHub has faced criticism over the high price of secondary-market tickets, but the soon-to-be-public company says it serves a necessary function in the market.

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Apollo Explores Sale of Internet Pioneer AOL

Apollo acquired AOL in 2021 as part of a deal to acquire that business and Yahoo from Verizon. A new deal could fetch around $1.5 billion.

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Google Puts Its Popular AI Video Generator Into YouTube Shorts

A free simplified version of Veo 3 is available to app users to make quick vertical videos using just a text prompt.

(END) Dow Jones Newswires

September 16, 2025 23:15 ET (03:15 GMT)