Dow Jones Top Company Headlines at 3 AM ET: Wingtech Shares Dive After Dutch Government Intervenes in Chip Unit | China …
Wingtech Shares Dive After Dutch Government Intervenes in Chip Unit
The Dutch government issued an order intervening in the Chinese company’s Netherlands-based semiconductor arm, citing national-security concerns.
—-
China Vanke’s Chairman Resigns
The Chinese property developers said Chairman Xin Jie has resigned from the board, less than a year after his appointment.
—-
Paramount Circling Warner Bros. Discovery After Rebuffed Approach
David Ellison’s company could take a plan to create a sprawling media conglomerate directly to shareholders.
—-
LG Electronics Expects Lower Third-Quarter Operating Profit
The South Korean consumer-electronics giant’s forecast still beat market consensus, thanks to its affiliates’ solid performance despite tough business conditions.
—-
GM’s Rare-Earth Gamble Pays Off as China Tightens Magnet Exports
The automaker has quietly seeded the revival of the domestic magnet industry, locking down supply amid trade tensions.
—-
Hyundai Factory Was a Deadly Job Site Before It Was Raided by ICE
Georgia construction project was marred by lax rules and frequent accidents, workers say; Hyundai says it took steps to address safety issues.
—-
ANZ Scraps Buyback to Invest in Mortgage, Commercial Bankers
Australia’s fourth-largest bank by market capitalization has scrapped its share buyback and plans to invest in mortgage and commercial bankers as its new CEO tries to boost productivity and returns.
—-
Tesla Offers Cut-Price New Vehicles In Europe, Trying to Arrest Sales Decline
Tesla has started to offer lower-priced versions of its vehicles outside of the U.S.
—-
Behind the Collapse of an Auto-Parts Giant: $2 Billion Hole and Mysterious CEO
Patrick James started out buying small Ohio factories and ended atop a messy conglomerate with piles of hidden debt.
—-
This Industrial Stock’s Earnings Could Send an All-Clear-or a Warning to the Economy
For the third quarter, Wall Street is looking for Fastenal to report earnings of 30 cents a share from sales of $2.1 billion.
—-
Thinking Machines Lab Co-Founder Departs for Meta
Andrew Tulloch is the latest big-name AI researcher to join the social-media giant.
—-
AstraZeneca Strikes Drug-Pricing Deal With Trump Administration
The agreement, which entails offering “most-favored nation” pricing, follows Pfizer’s deal to reduce prices for its drugs sold in the Medicaid program and through a direct-purchasing service to be branded TrumpRx.
—-
Johnson & Johnson in Talks to Buy Protagonist Therapeutics
The two companies are already codeveloping a treatment for ulcerative colitis.
—-
Strathcona Resources Terminates Takeover Bid for MEG Energy
Strathcona Resources terminated its takeover bid for MEG Energy, days after rival Cenovus Energy upped its offer to buy out the Canadian oil-sands producer and changed the terms of their standstill agreement.
—-
Gas Turbine Makers Are Riding the AI Power Boom
Orders and prices are soaring for the monster machines made by GE Vernova, Siemens Energy and Mitsubishi Heavy Industries.
—-
China Goes All In on U.S. Trade Battle, With Qualcomm in the Crosshairs
Beijing’s move against the San Diego chip giant is the latest in a two-day barrage of actions targeting the U.S.
(END) Dow Jones Newswires
October 13, 2025 03:15 ET (07:15 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.