Dow Jones Top Company Headlines at 7 PM ET: Meta, EssilorLuxottica Hit With Lawsuit Alleging Patent Infringement on Smart Glasses | Enphase ...

Meta, EssilorLuxottica Hit With Lawsuit Alleging Patent Infringement on Smart Glasses

Solos Technology said its lawsuit seeks multiple billions of dollars in damages, as well as an injunction that would urge the defendants from infringing on its patents in the future.

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Enphase Energy to Cut Jobs as End of Tax Credits Dents Demand

The company plans to cut about 6% of its workforce as part of a broader restructuring after the expiration of a federal tax credit sapped demand for residential solar panels.

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Amazon to Cut Thousands of Office Jobs, Report Says. It's Partly About AI.

Amazon had around 350,000 corporate employees and CEO Andy Jassy has said he intends to permanently reduce those numbers.

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Intel Shares Slide as Costs Pile Up in Bid to Meet AI Demand

The company forecast further losses in the first quarter as it spends heavily to ramp up production of its latest chips. Shares fell 17%.

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Jefferies-Backed Fund Sues FAT Brands Over Alleged Debt Default

The Fatburger and Johnny Rockets owner is locked in litigation with other lenders, while negotiating a debt restructuring with creditors.

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Two European Companies-With a Big Unpaid Bill-Want to Help Rebuild Venezuela's Economy

Italy's Eni and Spain's Repsol are seeking repayment for gas they have been pumping into the country free of charge.

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The IPO Revival Continues. EquipmentShare.com Is the Latest Unicorn to Go Public.

Shades of 1999, anyone? A company with a ".com" in its name is listing its stock.

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Danone Recalls Batches of Infant Formula

The company is recalling selected batches of its infant formula in line with guidance from Irish food-safety authorities.

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TikTok Finalizes Deal to Keep Operating in the U.S.

The agreement was negotiated to comply with a 2024 law requiring the company to make a deal to address U.S. national-security concerns.

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SLB Readies Rapid Expansion in Venezuela

SLB logged higher fourth-quarter revenue and said some of the challenges it faced last year are behind it, as it stands to benefit from increasing international activity.

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Booz Allen Boosts Profit Outlook as Cost Cuts Take Hold

Booz Allen Hamilton raised its profit outlook for the fiscal year as its cost-saving efforts, prompted by the Trump administration's cuts to government-contract funding for consultants, began to boost its bottom line.

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Ericsson Shares Jump on Earnings Beat and Cash Returns

Shares rose as much as 12% in early European trades as the company returns cash to shareholders following cost-cutting measures and the sale of its Iconectiv business.

(END) Dow Jones Newswires

January 23, 2026 19:15 ET (00:15 GMT)