Dow Jones Top Company Headlines at 9 AM ET: Novartis to License Drug From China's Abogen in Up to $7.8 Billion Deal | Amazon's ...
Novartis to License Drug From China's Abogen in Up to $7.8 Billion Deal
Novartis struck the deal to license the messenger RNA drug candidate and gain options over future therapies.
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Amazon's New Push to Get Buy-In for Data Center Build-Out
The company is pledging transparency-and an extra $1 billion in community support-to woo skeptics and win "the race our nation can't afford to lose."
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Tesla Delivery Results Are Coming. What to Expect.
Tesla will report third-quarter deliveries on Friday. Wall Street expects a total of 450,000 to 460,000 vehicles.
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Volvo Car Pulls Guidance as Chinese Auto Market Worsen
The carmaker said further deterioration in the Chinese market and slow recovery in the U.S. led to lower-than-expected third-quarter sales.
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Barbie-Maker Mattel Draws Takeover Interest From Authentic Brands Group
The brand-licensing giant has made an approach for the toy maker, which has been dealing with a sliding stock and now a chief-executive transition, according to people familiar with the matter.
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Nike Plans a Smaller Company as Sales Slide Weighs on Shares
The company said job cuts will begin next year after it lowered its sales outlook. Shares dropped 9%.
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OpenAI Fires Researchers for Allegedly Sharing Information with AI Safety Group
The startup, in the throes of responding to rogue AI incidents, said three employees violated policies for handling sensitive company data.
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SK Group's Chey to Sell Stake to Fund Divorce Settlement
SK Group Chairman Chey Tae-won plans to sell part of his stake in the conglomerate's holding company valued at almost $695 million to fund his divorce settlement with his ex-wife.
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ON Semicondcutor to Buy Synaptics for Cash, Not Stock, in Downsized Deal
ON Semiconductor said it will pay $123 a share for Synaptics, giving the deal a value of around $5.7 billion.
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Raytheon Gets $24.4 Billion Navy Contract for Standard Missile-6 Interceptors
The contract is for an initial term of five years and contains two additional option years, the company said.
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Disney Planning TV Restructuring as Streamlining Continues
The reorganization, the latest under CEO Josh D'Amaro, is expected to result in hundreds of layoffs and the consolidation of divisions.
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Temasek-Backed Vertex Japan Invests in Digital Trading Cards Startup Heartbeats
Temasek-backed Vertex Ventures Japan has invested in Heartbeats, a Tokyo-based digital trading cards company, the latest in a series of bets aimed at turning Japanese startups into global unicorns.
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How a Top Diabetes Nonprofit Reined In Its Venture-Capital Arm
Breakthrough T1D says it fired three board members of the T1D Fund to protect the interest of donors; those dismissed say Breakthrough crushed the fund's independence.
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Boeing Engineers Bless New Contract After Summer Showdown
Stung by a mechanics strike in 2024, the plane maker is trying to avoid a new work stoppage with its engineers and technicians.
(END) Dow Jones Newswires
October 02, 2026 09:15 ET (13:15 GMT)
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