Dow Jones Top Company Headlines at 3 AM ET: Medline Raises $6.3 Billion in Biggest IPO of The Year | Warner ...

Medline Raises $6.3 Billion in Biggest IPO of The Year

Medical-supplies distributor Medline has raised $6.26 billion in an initial public offering, taking the title of biggest IPO of the year.

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Warner Preparing to Tell Shareholders to Reject Paramount Offer

Warner Bros. Discovery plans to recommend existing Netflix deal as soon as Wednesday.

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U.S. Tanker Seizure Has Paralyzed Venezuelan Oil Shipping-Except Chevron's

Vessels are idling at ports or veering away from the region. But for Chevron, it's business as usual.

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California Gives Tesla 90 Days to Change Autopilot Advertising

An administrative judge found that the automaker deceived consumers by falsely implying its cars could drive on their own.

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Robinhood Doubles Down On Sports Betting Via Prediction Markets

Since the end of last year, 11 billion event contracts have been traded on Robinhood's platform which allows investors to wager on sports, politics, and other categories.

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Pepsi Worked to Keep Prices Higher at Retailers to Protect Walmart, FTC Found

The allegations were made in an FTC lawsuit, dropped in May by the Trump administration, that was recently unsealed.

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Chinese AI Chip Startup MetaX Leaps in Trading Debut

MetaX Integrated Circuits' blockbuster debut came after its peer Moore Threads made a splash earlier this month.

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Treasury Wine Sees Higher Debt Amid Weak U.S., China Demand

Australia's Treasury Wine Estates said it would cut costs and shipments in response to weaker appetite for luxury tipples in its key markets.

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E.W. Scripps Rejects Sinclair's Acquisition Offer

Scripps said its board voted unanimously against the proposal, deciding it wasn't in the best interest of the company and its shareholders.

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Lennar Fourth-Quarter Profit Falls as Housing Market Remains Stagnant

The homebuilder posted a quarterly profit of $490.2 million, down from $1.1 billion a year earlier.

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Blackstone Leads $400 Million Investment in Cyber Startup Cyera

The investment values the company at $9 billion as investor interest in cybersecurity startups grows.

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Ben & Jerry's Co-founder Says New Owner Aims to Dismantle Social Mission

Three boards members, including the chair, will be term limited under new rules imposed by Magnum Ice Cream.

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Freddie Mac Names Kenny M. Smith as Next Chief Executive

Smith is expected to start the role on Wednesday and would also serve as a board member, the government-backed mortgage provider said.

(END) Dow Jones Newswires

December 17, 2025 03:15 ET (08:15 GMT)