Dow Jones Top Company Headlines at 1 PM ET: Why Amazon Is Buying Starlink Rival Globalstar in $11 Billion Deal | U.S. ...
Why Amazon Is Buying Starlink Rival Globalstar in $11 Billion Deal
Amazon has agreed to acquire Globalstar in a move that allows its Amazon Leo satellite network to offer direct-to-device connections.
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U.S. Economy Remains Resilient in Face of Iran War, Banks Say
Still, higher energy prices have begun to weigh on consumers.
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Gucci Owner Kering Posts Improving Sales Trends Ahead of New Strategy Launch
The luxury-goods company reported better sales trends at the start of the year ahead of the launch of a new plan aimed at giving the group a shot in the arm.
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Rivian's Illinois Factory Will Run on Recycled EV Batteries
The project highlights how battery energy is increasingly being used to power businesses and industrial facilities in the U.S.
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UPS Seeks to Replace Manual Scans With Tracking Tech
The shipping giant increases use of RFID tags to eliminate 20 million manual scans a day.
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J&J's First-Quarter Sales Grow on Cancer-Drug Strength
The drug and medical-device maker has been working to ensure consistent growth after losing patent protection for its blockbuster Stelara.
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Wegovy Maker Novo Nordisk Strikes Deal With OpenAI to Speed Up Drug Discovery
The drugmaker gained more than 4% after it said it would integrate OpenAI's models across its operations to help analyze complex datasets and deliver treatments faster.
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Anthropic Adds Novartis CEO to Board
The startup behind the popular Claude chatbot and coding tool is eyeing a potential IPO as soon as this year.
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Albertsons Swings to a Loss on Charge From Opioid Settlement
Albertsons swung to a fourth-quarter loss fueled by a charge from a new opioid settlement set to resolve substantially all opioid-related claims brought against the company.
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BlackRock Posts 46% Gain in Quarterly Profit on Growth in Investment Fees
The world's largest investment firm's assets under management slipped below $14 trillion in March, down slightly from three months earlier.
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Lucid Secures $750 Million in New Funding, Names New CEO
Lucid Group said it secured $750 million in fresh funding commitments from Uber Technologies and Saudi Arabia's sovereign-wealth fund.
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CarMax Swings to Loss After Cutting Prices to Bring Back Shoppers
CarMax swung to a loss as it implements a turnaround strategy that has included price cuts to reestablish its place in the used-car market.
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Dow Taps 30-Year Veteran Karen Carter to Succeed Jim Fitterling as CEO
Dow has designated its chief operating officer, Karen Carter, to succeed Jim Fitterling as the chemical maker's chief executive, effective July 1.
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BMW Group Vehicle Sales Fall on Weakness in China and U.S.
BMW group vehicle sales fell in the first quarter as deliveries to the U.S. and China continued to drop.
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Publicis Posts Top-Line Growth Despite Hit From Middle East War
The advertising group said strong demand for services powered by AI drove top-line growth in the U.S. and other key markets, offsetting a hit from the war in the Middle East.
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Founder of Fallen Chinese Property Giant Evergrande Pleads Guilty to Fraud
Hui Ka Yan, once one of the world's richest men, was accused along with the developer whose implosion helped spark a property crisis in China.
(END) Dow Jones Newswires
April 14, 2026 13:15 ET (17:15 GMT)
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