Dow Jones Top Company Headlines at 3 AM ET: L'Oreal Taps Advisers to Explore Unloading Chemical-Related Liabilities | SoftBank-Backed ...

In a fast-moving early-morning lineup of major business headlines, L’Oréal’s U.S. subsidiary is working with Weil Gotshal and Ducera to explore unloading chemical-related liabilities tied to talc lawsuits, according to the brief. SoftBank-backed DayOne Data Centers plans an IPO of American depositary shares on Nasdaq by the end of the year, with plans to raise up to $5.0 billion. Berkshire Hathaway bought an additional $190 million of Lennar stock, taking its stake to about 12%, after Lennar fell nearly 7% Monday. Other items include NYC lawmakers grilling AI executives and former employees as the city weighs AI guardrails, and C.H. Robinson agreeing to buy RXO for about $5.8 billion in cash and stock.