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Clorox to Buy Purell-Maker Gojo for $2.25 Billion
WSJ· 2026-01-22 21:30
Core Viewpoint - Clorox is pursuing an all-cash acquisition funded by debt to enhance its presence in the health and hygiene sectors [1] Company Summary - The acquisition is aimed at expanding Clorox's portfolio specifically in health and hygiene categories [1]
Intel Returns to Losses in Q4 as It Ramps Up Spending on Chip Production
WSJ· 2026-01-22 21:13
The troubled chip maker saw its revenue sag 3.9% year-over-year to $13.7 billion. ...
Leidos, OpenAI Team Up to Build AI for Federal Agencies
WSJ· 2026-01-22 20:55
The collaboration aims to improve how the agencies operate, boosting productivity and accelerating product development, said Leidos' Chief Technology Officer Ted Tanner. ...
Abbott Laboratories Raised Prices, Prompting Sales Slump
WSJ· 2026-01-22 19:31
Core Insights - The medical-products maker experienced a significant decline in its stock price following disappointing quarterly profit and sales figures [1] Company Performance - The company's quarterly profit and sales figures did not meet investor expectations, leading to a drop in share value [1]
President Trump Sues JPMorgan for $5 Billion for Closing His Bank Accounts
WSJ· 2026-01-22 19:08
Trump alleges bank made a "woke†political decision to shut down family-business accounts following the Jan. 6, 2021, Capitol riot. ...
This Time, Lululemon's Founder Blames Its Board for See-Through Pants
WSJ· 2026-01-22 18:25
Core Viewpoint - Chip Wilson is actively campaigning to overhaul the company's board, using a recent LinkedIn post to highlight issues with a new activewear line [1] Group 1 - The company is facing challenges with its new activewear line, which has prompted criticism from its founder [1] - Chip Wilson's efforts to reform the board are gaining attention, indicating potential shifts in company governance [1]
BitGo Pops 25% in NYSE Debut, a Sign Crypto IPO Fever Is Back
WSJ· 2026-01-22 18:12
Core Insights - The crypto infrastructure firm successfully raised $212.8 million through the sale of approximately 11.8 million shares [1] Company Summary - The firm is involved in the crypto infrastructure sector, indicating a focus on providing foundational services and technologies for cryptocurrency operations [1]
Eurozone Consumer Confidence Picks Up
WSJ· 2026-01-22 15:53
Core Insights - Consumer sentiment in the eurozone showed a slight improvement in January, indicating a potential positive shift in confidence levels [1] Group 1: Economic Indicators - The improvement in consumer sentiment may be short-lived due to escalating tensions between the U.S. and Europe, which could impact economic stability [1]
Scott Sheffield, the Shale Boss Spurned by Exxon, Joins Fight Against Coterra
WSJ· 2026-01-22 15:00
Core Viewpoint - The article discusses the unexpected career developments of Sheffield, a former leader in the U.S. shale industry, indicating a significant shift in his professional trajectory [1] Group 1 - Sheffield, once a prominent figure in the U.S. shale sector, is embarking on a new and surprising chapter in his career [1]