Anta Sports Set to Become Puma’s Largest Shareholder in $1.8 Billion Deal
Anta Sports has agreed to acquire a 29.06% stake in Puma for $1.79 billion, which will make the Chinese sportswear company its largest shareholder.
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Senate Antitrust Panel Chair Raises Concerns Over Netflix-Warner Deal
In a letter, Sen. Mike Lee questioned whether the deal could harm competition even if the transaction was never completed.
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Army Awards Salesforce $5.6 Billion Software Deal
Military recruiters will get access to Slack as part of a contract that reflects the Pentagon’s drive to adopt commercial software tools.
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Nike to Cut 775 Workers at U.S. Distribution Centers as Turnaround Plan Progresses
The cuts, which amount to about 1% of Nike’s overall workforce, are part of the company’s efforts to strengthen and streamline operations.
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What Starbucks’s New CEO Has Changed, and What He Says Is Next on His List
Brian Niccol plowed millions of dollars into improving customers’ Starbucks experience in his first year at the helm with a focus on barista training, and he isn’t done yet.
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First Brands Winding Down Parts of Business
The bankrupt auto-parts supplier has been unable to shore up additional liquidity it needs before cash runs out in days.
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Forgent Power Solutions IPO Terms Could Push Market Cap Above $8.8 Billion
The company plans to sell nearly 16.6 million shares at between $25 and $29 apiece.
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Bob’s Discount Furniture IPO Terms Could Send Market Cap Toward $2.5 Billion
Bob’s, which is owned by private-equity firm Bain Capital, said it plans to sell 19.45 million shares at between $17 and $19 apiece.
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Nvidia Invests $2 Billion in CoreWeave in AI-Factory Collaboration
The companies said they would build AI factories on Nvidia’s computing-platform technology.
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EU Says WhatsApp Channels Must Obey Digital Services Act’s Tougher Rules
The European Union said it will tighten its oversight of Meta Platforms’ WhatsApp because the messaging service’s “channels” feature has enough European users to warrant stricter control under its content moderation rules.
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Orsted, Vestas Shares Rise as European Countries Agree North Sea Wind Pact
The deal promises to transform the North Sea into the world’s largest clean energy reservoir, according to the U.K. energy secretary.
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Lands’ End, WHP Global Form Joint Venture
Lands’ End agreed to form a joint venture with brand management and acquisition company WHP Global in a deal that will provide the apparel company with $300 million in cash.
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U.S. Government Investing $1.6 Billion in Mining Company USA Rare Earth
The federal government is injecting $1.6 billion into USA Rare Earth, the latest move by the Trump administration to shore up the domestic supply of rare-earth minerals.
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Allied Gold Agreed to $4 Billion Buyout By Hong Kong’s Zijin Gold
Allied Gold has agreed to be acquired by Hong Kong-based Zijin Gold International in a deal worth 5.5 billion Canadian dollars, or roughly US$4.01 billion.
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EU Probes Elon Musk’s X Amid Grok Deepfake Outcry
The investigation follows a public backlash over sexualized deepfake images created by X’s Grok AI service.
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Leidos to Buy Kohlberg’s Entrust for $2.4 Billion
Leidos Holdings has struck a deal to buy utility consulting and engineering services platform Entrust Solutions Group from private-equity firm Kohlberg & Co. for about $2.4 billion in cash.
(END) Dow Jones Newswires
January 26, 2026 21:15 ET (02:15 GMT)
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