Dow Jones Top Company Headlines at 11 AM ET: GM Faces Safety Probe Over Engine-Failure Concerns in Nearly One Million Vehicles | Nvidia ...

GM Faces Safety Probe Over Engine-Failure Concerns in Nearly One Million Vehicles

Regulators say hundreds of owners have complained about engine problems despite an earlier recall.

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Nvidia in Talks to Invest in Data-Center Power Developer Cloverleaf

The deal involves an investment of several hundred million dollars and cements the chip maker's role in developing data-center projects at the earliest stages.

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Italy's Monte dei Paschi Makes $40 Billion Move to Buy Rival Banks

The all-share bids for Banco BPM and Banca Generali comes as Monte dei Paschi fights off a takeover offer from Intesa Sanpaolo.

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BJ's Wholesale Wins Value-Seeking Shoppers With Deals on Gas and Groceries

BJ's Wholesale Club raised its full-year profit outlook, as lower gas prices and deals on groceries drew more customers to its warehouses in the latest quarter.

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Trump Wants to Revive Keystone XL. The Industry Has a Different Plan.

A trio of proposed pipelines would serve the same function-delivering heavy oil from western Canada to Gulf Coast refineries-without the hot-button name.

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Blackwater's Erik Prince Launches Air-Defense Startup

The private security contractor has joined with Ukraine company Swarmer to offer defense technology to Middle East sites getting hit by Iran.

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Hyundai's Union Launches First Full-Day Strike in Decade

The daylong strike at the South Korean automaker, the first since 2016, followed months of failed wage negotiations and a series of partial walkouts.

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GM Ruled U.S. Auto Sales for 100 Years. Now Toyota Is Closing In.

The American automaker is increasing profits while selling fewer vehicles as its rival pursues an opposite approach.

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Layoffs at JPMorgan Hit Highest Level Since 2015

The country's largest bank filed six layoff notices between February and July, impacting nearly 800 employees in Texas, New Jersey, and California.

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Abbott to Pay $670 Million to Settle Baby-Formula Litigation

The bulk settlement relates to the Gill lawsuit, in which a Missouri jury ordered the company to pay $495 million in damages after determining it failed to warn that its formula for preterm infants increased the risk for a bowel disease.

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SpaceX Is Racking Up Wins in Washington

The Elon Musk-led rocket and AI company is landing lucrative contracts and benefiting from the Trump administration's deregulatory push.

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Former Abercrombie CEO Is Competent to Face Sex-Trafficking Trial, Judge Rules

Mike Jeffries has claimed dementia made him unfit to face charges that he coerced male models for sex.

(END) Dow Jones Newswires

August 21, 2026 11:00 ET (15:00 GMT)