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Supreme Court to Hear Bayer's Challenge to Roundup Weedkiller Cases
WSJ· 2026-01-16 20:02
Group 1 - The high court ruling provides the company with renewed hope in its ongoing efforts to address long-standing litigation issues [1] - The litigation has resulted in significant financial losses for the company, amounting to billions of dollars [1]
After Saks's Collapse—a Bitter Rift With Amazon
WSJ· 2026-01-16 19:40
The department-store chain's bankruptcy throws one of Amazon's biggest bets on luxury retail into doubt ...
Beyond Meat Tests Protein Beverages in Bid for Much-Needed Growth
WSJ· 2026-01-16 19:38
Group 1 - The company is facing challenges and may introduce new risks by attempting to develop products based on its core plant-protein base [1]
Banks CEOs Carefully Push Back on Trump's Credit-Card Rate Cap
WSJ· 2026-01-16 19:19
Core Viewpoint - Bank executives are cautiously opposing President Trump's proposal to temporarily cap credit-card interest rates at 10%, while trying to avoid conflict with the White House [1] Group 1 - The banking industry is navigating a delicate balance between opposing the interest rate cap and maintaining a positive relationship with the current administration [1] - Executives are concerned that capping interest rates could impact their profitability and lending practices [1]
TransDigm to Buy Jet Parts Engineering, Victor Sierra Aviation for $2.2 Billion
WSJ· 2026-01-16 17:38
Group 1 - The two businesses generated about $280 million in combined revenue in 2025 [1]
He's Known as ‘The Godfather' and Paramount Is Turning to Him in its Battle for Warner
WSJ· 2026-01-16 17:10
RedBird's Gerry Cardinale will tell anyone who will listen why the hostile $77.9 billion bid is superior ...
Diana Nominates 6 Candidates for Genco's Board, Teeing Up Proxy Fight
WSJ· 2026-01-16 16:46
Group 1 - Genco has rejected Diana's offer to acquire the company through an all-cash deal [1] - Diana holds approximately a 14.8% stake in Genco [1]
Fed's Bowman Says Rates Have More Room to Fall
WSJ· 2026-01-16 16:23
Core Viewpoint - The Federal Reserve's interest-rate policy remains "moderately restrictive" even after three quarter-point rate cuts in late 2025, indicating a continued effort to combat inflation and support economic growth [1] Group 1 - The Federal Reserve has implemented three quarter-point rate cuts in late 2025 [1] - Despite the rate cuts, the Fed's policy is still leaning against inflation [1] - The current interest-rate setting is characterized as "moderately restrictive" [1]
FedEx Sets Financing, Board for FedEx Freight Spinoff
WSJ· 2026-01-16 14:57
Core Viewpoint - FedEx Freight has secured significant financing through a five-year, $1.2 billion revolving-credit facility and a three-year, $600 million delayed-draw term-loan facility [1]. Financing Details - The revolving-credit facility amounts to $1.2 billion and has a duration of five years [1]. - The delayed-draw term-loan facility is valued at $600 million and spans three years [1].
Novo Nordisk's Wegovy Weight Loss Shot Approved At Higher Dose in U.K.
WSJ· 2026-01-16 14:26
Core Insights - The U.K. health regulator has approved a higher dose of Novo Nordisk's Wegovy weight-loss drug for patients with a body mass index (BMI) of at least 30 [1] Company Summary - Novo Nordisk's Wegovy is now available in a higher dosage, expanding its applicability to a broader range of patients [1]