News Highlights: Top Company News of the Day - Monday at 11 AM ET

Dow Jones
Yesterday
 
IBM to Spend $150 Billion in U.S. Over Next Five Years 
 

International Business Machines plans to invest $150 billion in the U.S. over the next five years as tariffs threaten to make international manufacturing more expensive.

 
Germany's Merck Set to Buy SpringWorks in $3.9 Billion Deal 
 

Germany's Merck agreed to acquire U.S. biopharmaceutical company SpringWorks Therapeutics for around $3.9 billion, in a bid to expand its oncology and rare disease business.

 
Domino's Pizza Profit, Revenue Rise as International Sales Grow 
 

Domino's Pizza logged higher profit and revenue in the first quarter as continued growth in international same-store sales offset declines at its U.S. locations.

 
Airbus Reaches Deal to Buy Spirit AeroSystems Plants 
 

Airbus will buy some Spirit AeroSystems facilities that make parts for its jets, moving to take direct control of production in a bid to stabilize supply chains after months of disruption.

 
Sabre to Sell Hospitality Solutions Business to TPG for $1.1 Billion 
 

The technology provider to the travel sector expects to use the $960 million in net proceeds to pay down debt and focus on its core business.

 
China's Huawei Develops New AI Chip, Seeking to Match Nvidia 
 

Superpower rivalry over semiconductors heats up despite Washington's attempts to block Beijing.

 
Toyota Industries Shares Jump After Take-Private Proposal 
 

Toyota Industries said it received a proposal to take the company private, sending its shares to a record high.

 
Lynas Asks U.S. to Pick Up Tab as Rare-Earths Project Costs Rise 
 

Chief executive Amanda Lacaze won't bet the company's own balance sheet on a Texas project intended to revitalize America's domestic supply, she cautions, as the costs to build the project rise.

 
Tesla Stock Rises. Why the $300 Level Is Back in Play. 
 

The EV maker's shares rose 18% this past week-the best since the presidential election.

 
Anduril Is Aiming to Do to Lockheed What Tesla Did to Ford 
 

Co-founder Trae Stephens talks about defense, disruption, and technology.

 
 

(END) Dow Jones Newswires

April 28, 2025 11:00 ET (15:00 GMT)

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