Dow Jones Top Company Headlines at 5 PM ET: General Motors to Report $6 Billion Charge From Electric Vehicle Review | Glencore, ...

Dow Jones
Jan 09

General Motors to Report $6 Billion Charge From Electric Vehicle Review

The expected charge comes following the end of a $7,500 EV tax credit and slowing consumer demand.

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Glencore, Rio Tinto Restart Merger Talks

Glencore and Rio Tinto restarted discussions about a possible merger that could create the world's largest mining company.

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Paramount Defends Its Hostile Bid for Warner

Warner previously said the offer wasn't "even comparable" to Netflix's deal.

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New York Attorney General Demands Instacart Share Information on Price Testing

New York Attorney General Letitia James is demanding that Instacart share information about its price-testing experiments following a report that the app's users were charged different prices for identical products from the same stores.

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Aritzia Third-Quarter Profit Rises as U.S. Sales Climb

The Canadian clothing retailer logged a profit of $100.2 million as sales in the U.S. jumped 54%.

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Walmart Launches Digital Healthcare Platform

Walmart launched Better Care Services, a digital network of healthcare providers, and will trim prices on some wellness-related products.

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Chinese Carmaker Geely Looks at Expanding in the U.S.

The automaker, which expects to make an announcement within 24 to 36 months, could make the first major moves selling Chinese brands in the U.S.

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Pinnacle Apartment Sale Moves Ahead Despite New York City Objection

An auction for roughly 5,500 rent-regulated apartments takes place on Thursday after a bankruptcy judge rejected the city's request to delay it.

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Shell Flags Weak Oil-Trading Performance

Shell warned that a weak oil-trading performance would weigh on its earnings, compounding what is shaping up to be a challenging period as prices continue to slide.

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Bloom Energy Stock Jumps on $2.7 Billion Fuel Cell Deal. Why It Matters.

American Electric Power confirms a $2.65 billion agreement to buy Bloom Energy's solid oxide fuel cells.

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Soho House's $2.7 Billion Deal to Go Private Hits a Last-Minute Funding Snag

Hotel owner MCR said it can't make a $200 million commitment in time, sending Soho House's financial partners scrambling for other options.

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L Catterton Strikes Deal for Cottage Cheese Maker Good Culture

The deal values the business at more than $500 million as more Americans load up on the protein-rich food.

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7-Eleven Owner Boosts Annual Forecast as Quarterly Profit Surges

Seven & i Holdings raised its annual profit forecast after reporting a sharp jump in net profit as it gears up for a listing of its North American business.

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Neogen Stock Spikes 32% After Earnings Beat and Raised Outlook

Neogen beat earnings estimates, raised its full-year revenue outlook, and has now posted back-to-back post-earnings stock spikes.

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HSBC Accepts $313 Million Fine to Settle France Tax-Fraud Claims

The investigation-into accusations of tax fraud relating to dividend payments-will be shelved with the payment of the fine.

 

(END) Dow Jones Newswires

January 08, 2026 17:00 ET (22:00 GMT)

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