Dow Jones Top Company Headlines at 3 AM ET: Carlyle Joins $1 Billion Investment Round in Missile Startup Castelion | CK ...

Carlyle Joins $1 Billion Investment Round in Missile Startup Castelion

The funding round, which also includes JPMorgan Chase and Andreessen Horowitz, values the hypersonic munitions maker at $13 billion.

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CK Hutchison Files Arbitration Against Panama, Seeking $1.5 Billion in Damages

The Hong Kong conglomerate has launched international arbitration proceedings against Panama, escalating a dispute over two strategically-important ports that have become caught up in U.S.-China tensions.

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Evergrande Founder Sentenced to Life in Prison

Hui Ka Yan, once one of China's most prominent property tycoons, has been sentenced to life in prison for charges including fraud and financial misconduct.

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Danone's $1.2 Billion Huel Deal Gets U.K. Competition Clearance

The Competition and Markets Authority said it wouldn't refer the merger to a more in-depth investigation after it launched an initial probe.

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OpenAI's Latest Bid to Fight Anthropic: A Promise Not to Keep Customer Data

The ChatGPT maker hopes to win business customers who are upset that Anthropic is keeping their data.

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Why a Payments Giant Is Paying $7 Billion for the 'Stripe of AI'

The Stripe deal for OpenRouter, founded by an NFT entrepreneur, is a bet on a future where users turn to a mix of AI models.

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Strategy, Coinbase Stocks Rose After Trump Met Crypto Execs

Shares of Strategy were the best performer in the Nasdaq 100.

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Women at L3Harris Shared Concerns About CEO's Behavior Years Before Ouster

Chris Kubasik was ousted after an investigation into conduct with a subordinate. Years earlier, another employee had made a harassment complaint.

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Spirit Flight Attendants Fight Google's Data Bid for AI

The flight attendants want assurance that their confidential information will be removed from the sale of the defunct airline's digital records.

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Coty Looks to Finish Strategic Review, Guides for First-Quarter Sales Decline

The company guided for revenue to decline by a low- to mid-single-digit percentage as consumers become increasingly selective with their purchases, despite resilient demand for beauty overall.

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Walmart Earnings Could End the Stock's Summer Slump

Walmart stock is down 15% since mid-May. A few factors could help the retailer's shares change direction.

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Deere Earnings Won't Be Good, but There's a Silver Lining

Deere will report fiscal third-quarter earnings Thursday morning. Wall Street expects earnings per share of $4.69, little changed from a year ago.

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Marvell's stock pops on news of Google chip deal - and Broadcom's falls

Google will also get the option to purchase about $12 billion worth of Marvell's stock.

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Moderna Shares More Than Double on Success of mRNA Cancer Vaccine

The results from a Merck-Moderna partnership validate years of research into a new approach to cancer treatment.

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Target Raises Fiscal-Year Forecast Again as Turnaround Gains Traction

On the heels of a positive quarter, the retailer now expects sales growth of about 5% this fiscal year.

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Lowe's Lowers Full-Year Targets as Homeowners Scale Back DIY Projects

Lowe's trimmed its full-year sales and profit targets, signaling that price-conscious homeowners are delaying major renovations and compounding back-half headwinds.

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T.J. Maxx Parent TJX Says Self-Inflicted Issues Hurt Sales

The company's U.S. apparel business fell short of quarterly expectations, signaling a pullback among shoppers even as the discount retailer raised its full-year earnings.

(END) Dow Jones Newswires

August 20, 2026 03:15 ET (07:15 GMT)