UBS Secures Bank License for Its Campaign to Expand U.S. Wealth Arm
A new national charter allows it to gather deposits and further boost its U.S. presence as it fights over Swiss capital regulations.
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Tech Exec Accused of Smuggling High-End Nvidia Chips to China
Super Micro Computer placed two employees on leave and fired a contractor after charges of diverting U.S.-assembled servers to China, violating export control laws.
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Unilever in Talks to Separate Food Business and Combine It With McCormick
The remaining Unilever company would focus on beauty, personal-care products and home.
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Novartis to Buy Breast-Cancer Drug for Up to $3 Billion
SNV4818 is an oral treatment being evaluated in an early and mid-stage study for breast cancer and other advanced solid tumors.
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CBS News to End Storied Radio Broadcast, Lay Off 6% of Staff
The network news heads said challenging economics “made it impossible to continue the service.”
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Blue Pool Capital Raises $1 Billion for First Private-Equity Fund
The Hong Kong firm, which also runs Joe Tsai’s family office, has bucked the tough fundraising environment.
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Prestige Consumer Healthcare to Buy Breathe Right, Other Brands for $1.045 Billion
Prestige signed a deal to buy a portfolio of brands that includes the Breathe Right nasal strip from privately held Foundation Consumer Healthcare.
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Thyssenkrupp Supervisory Board Member Says Talks with Jindal Steel Appear Stalled
Employee representatives presented Jindal with questions related to the sale of the German company’s steel unit, but answers have been repeatedly postponed, supervisory board member Juergen Kerner said.
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FAT Brands CEO Departs as Restaurant Empire Unravels
Under a deal with lenders, Andrew Wiederhorn and his family will no longer control the franchise operator.
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Fast Food Chains Rush to Offer Discounts Even as Beef Prices Soar
McDonald’s, Burger King and other brands push promotions, while beef prices have climbed to a record level.
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OpenAI Plans Launch of Desktop ‘Superapp’ to Refocus, Simplify User Experience
The AI company will combine ChatGPT, Codex app and browser in an effort to focus and streamline its resources.
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FedEx Stock Is Surging After a Massive Earnings Beat. Here Is What’s Driving the Gains.
FedEx posts fiscal third-quarter earnings per share of $5.25 from sales of $24 billion.
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Tesla Finally Has Its First Semi-Truck and It’s Already a Hit With Truckers
Innovations including a centered driving position, fast charging and a 500-mile range are winning over drivers.
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Blue Origin Formally Enters Race to Develop Data Centers in Space
Jeff Bezos’s Blue Origin is seeking permission to deploy nearly 52,000 satellites capable of handling artificial-intelligence computing into orbit.
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Publicis Sapient CEO Sees Demand for Consultant AI Projects Picking Up
The tech consulting firms’ clients were now moving from an AI experimental phase to the implementation of projects, Chief Excutive Nigel Vaz said.
(END) Dow Jones Newswires
March 20, 2026 15:15 ET (19:15 GMT)
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