Morningstar
Dow Jones Top Company Headlines at 3 AM ET: California Expected to Seek TV Channel Sales From Paramount-Warner | YMTC ...
xCruzo Brief
California Attorney General Rob Bonta is expected to seek TV channel sales from Paramount-Warner and also wants Paramount to commit to keeping its movie studio separate from Warner Bros., according to the latest early-morning business headlines. The broader roundup also highlights China’s YMTC filing for a Shanghai IPO said to be among the country’s biggest semiconductor sales in years, and SoftBank planning a record retail bond issuance as it pushes further into AI. Other items include Shein targeting a $27 billion Hong Kong IPO valuation and Alibaba raising $10.20 billion for AI investment. UAW workers rejected Deere’s contract extension offer, while regulators are probing GM over potential engine failures in nearly one million vehicles.
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