Merck in Talks to Buy Revolution Medicines for Around $30 Billion
Revolution is developing drugs that target a molecular driver of cancers.
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Meta Unveils Sweeping Nuclear-Power Plan to Fuel Its AI Ambitions
The Facebook parent will back nuclear projects with Oklo, Bill Gates-backed TerraPower, and Vistra.
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OpenAI, SoftBank to Invest $1 Billion in SB Energy
SoftBank's company is working with OpenAI to help develop its artificial-intelligence infrastructure platform Stargate.
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Bob's Discount Furniture Files for IPO
Bob's Discount Furniture has filed for its initial public offering, confirming an earlier report by The Wall Street Journal that said Bain Capital was working toward the chain's public debut.
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Amazon Pharmacy Begins Offering Wegovy Pill
Customers with commercial insurance will pay a minimum of $25 for a one-month supply, while the cost for those without insurance starts at $149 a month.
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Rio Tinto, Glencore Restart Talks to Form World's Biggest Miner
The deal would create a mining company with a market value of more than $200 billion, as a scramble for copper and other metals drives an industry return to big acquisitions.
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Nvidia Hires Google Veteran as Its First Chief Marketing Officer
Alison Wagonfeld will report to CEO Jensen Huang as marketing rises in importance at the AI chip maker.
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LG Electronics Expects First Quarterly Operating Loss in Nine Years
The South Korean consumer-electronics giant has been hampered by a sluggish recovery in demand for televisions and other electronics amid intensified competition.
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Pandora Sales Growth Disappoints After Weak Holiday Period
Shares were more than 6% lower in Copenhagen after the jeweler said dull consumer sentiment in North America lowered store traffic.
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Sainsbury's Raises Free-Cash-Flow Outlook After Sales Growth
The British grocer also reaffirmed guidance for retail underlying operating profit after sales rose in the third quarter and Christmas period.
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Bain Capital-Backed Bridge Data Centres Plans Foray Into Japan, Australia, Middle East
Data-center operators worldwide are racing to build hyperscale infrastructure for the fast-growing artificial-intelligence sector.
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J&J Reaches Deal With Trump Administration to Lower Drug Prices
The agreement provides Johnson & Johnson's pharmaceutical products an exemption from tariffs, the company said.
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Saks Closes In on Bankruptcy Financing Package
A bondholder group is offering $1.25 billion of bankruptcy financing with the aim to take control.
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Musk's xAI, Under Fire for Sexualized Child Photos on Grok, Restricts Tool
Researchers say the company is bringing dangerous imagery into the mainstream. Grok overnight switched off image creation for nonsubscribers.
(END) Dow Jones Newswires
January 09, 2026 17:00 ET (22:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.