Brookfield and CPP Investments to Buy LXP Industrial for $5.2 Billion
Brookfield Asset Management and Canada Pension Plan Investment Board have agreed to buy LXP Industrial Trust in an all-cash deal valued at about $5.2 billion, adding a portfolio of modern warehouse and logistics facilities to their holdings.
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Jersey Mike's Sets IPO Terms That Could Push Market Cap Toward $8 Billion
Jersey Mike's Subs unveiled terms of a planned initial public offering that could give the sandwich chain, backed by private-equity giant Blackstone, an initial market capitalization approaching $8 billion.
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Domino's Pizza Reports Higher Profit as Same-Store Sales Growth Slows
The company posted a profit of $135.8 million, or $4.07 a share, compared with $131.1 million, or $3.81 a share, a year earlier.
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USA Rare Earth Names Serra Verde CEO Moraitis to Lead Combined Company
USA Rare Earth named Serra Verde Group Chief Executive Thras Moraitis to lead the company following the completion of a $2.8 billion combination of the two mining companies.
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Alibaba Says New AI Model Is Just Second to Anthropic's Fable 5
Alibaba Group previewed its new artificial-intelligence model in the latest sign that China is fast closing the gap with the U.S. for global technological dominance.
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BP to Sell Austrian Mobility Business to Volenergy
The energy company agreed to sell its Austrian petrol station and EV charging businesses to Volenergy for an undisclosed sum, as it continues to exit the retail space.
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AMC Stock Soars After Earnings. The Odyssey Is Helping, Too.
AMC reported better-than-expected second-quarter earnings and massive global attendance for The Odyssey.
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U.K.'s Segro Rejects Sweetened $18.2 Billion Prologis Bid
However the London-listed company's board left the door open to improved offers.
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Koch-Owned Molex Agrees to $6.29 Billion Data-Center Cable Deal With Prysmian
The Italian cable maker said the 10-year agreement was one of a string of new deals as it seeks to bolster its fiber capacity in the U.S. with a potential listing in the cards.
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Ryanair Profit Drops on Lower Fares, Fuel-Cost Headwinds
Shares fell more than 6%-down 18% so far this year-after the budget carrier posted a drop in profit.
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FDA Walks Back Finding of Cyclospora Parasite as Outbreak Probe Continues
Taylor Farms said it had recalled iceberg lettuce grown and processed in central Mexico "in an abundance of caution."
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Telecom Italia's Board Backs Poste Italiane's Nearly $15 Billion Bid
The telecommunications company said Saturday that its board deemed the price to be fair.
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Lockheed Martin Plans Bargain-Rate Patriot Missile to Replenish Low Stockpiles
The defense contractor says the new design could be fielded faster and cost less than half as much as its bestselling version.
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These AI-Native Companies Have Tiny Staffs and Fewer Bosses
Those built from the get-go with AI are operating much leaner and flatter than earlier startups.
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The Pentagon Is Finally Buying (Some) Weapons From Startups
The Pentagon is using a surging budget to avoid choosing between defense-tech startups and old-school contractors.
(END) Dow Jones Newswires
July 20, 2026 09:00 ET (13:00 GMT)
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