xAI Raises $20 Billion in Series E Funding Round, Surpassing Initial Target
The company behind the Grok large language model said that investors in the funding round included the Qatar Investment Authority, Valor Equity Partners, Stepstone Group, MGX and Baron Capital Group, and Fidelity Management & Research Company.
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Eli Lilly Nears Deal for Biotech Ventyx
The more-than-$1 billion deal could come imminently.
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AIG Stock Sinks on CEO's Surprise Plan to Step Down
Longtime Aon executive Eric Andersen will take the reins after a turbulent period at the insurer.
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Monroe Capital Starts Year With New $6.1 Billion Private Credit Haul
The firm's latest private credit fund and related vehicles support loans to lower middle-market companies.
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First Brands Creditors Allege Utah Financier Paid Kickbacks for 'Usurious' Deals
Unsecured creditors say Onset Financial worked with founder Patrick James's brother on financing deals returning 300%.
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OneStream to Go Private Through $6.4 Billion Hg Acquisition
OneStream shareholders will receive $24 a share, a 31% premium over Monday's closing price.
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Ford Sales Rise on Increased Demand for Lower-Priced Trucks
Ford recorded more fourth-quarter sales compared with the prior year, as lower-priced truck sales helped it more than offset a decline in electric vehicles.
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Hilton Removes Hotel From Its System After It Refuses Service to ICE Agents
The hotel chain pulled Minneapolis property from its booking channels after the Department of Homeland Security alleged the chain canceled rooms for its agents.
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Meta Pauses European Rollout of Smart Ray-Bans as Americans Lap Up Supply
The Ray-Ban Display smartglasses, developed in partnership with Franco-Italian eyewear group EssilorLuxottica, had been planned to be made available for sale in Canada, France, the U.K. and Italy early this year.
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Nvidia Unveils Faster AI Chips Sooner Than Expected
At the Consumer Electronics Show in Las Vegas, CEO Jensen Huang said more powerful chips will enable training of models in simulated environments.
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Lockheed Martin to Increase Patriot Missile Production Under Pentagon Deal
The defense contractor committed to surging its Patriot missile output to roughly 2,000 interceptors a year in response to demand from Pentagon officials gearing up for conflicts on multiple fronts.
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AB InBev Buys Back $3 Billion Stake in U.S. Metal Container Facility to Boost Supply Security
The beer giant agreed to repurchase a minority stake in its U.S.-based metal container plants, taking back its share of the facilities that boost supply security.
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McGraw Hill Names Philip Moyer President, CEO as Simon Allen Retires
McGraw Hill's top executive, Simon Allen, is retiring next month and will be succeeded by former Vimeo chief Philip Moyer.
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Nestle Recalls Batches of Infant Formula Potentially Containing Toxins
Nestle recalled specific batches of its SMA baby formula, citing the potential presence of cereulide bacteria.
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Victoria's Secret Faces Valentine's Day Test
After fumbling the holiday of romance last year, the purveyor of lingerie aims to be better prepared this February.
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Next PLC Lifts Outlook as International Sales Boost Year-End
The bellwether for the U.K. retail sector raised its guidance for the 2026 fiscal year, saying it expected a 11% rise in full-price sales.
(END) Dow Jones Newswires
January 06, 2026 17:00 ET (22:00 GMT)
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