---
title: "Dow Jones Top Company Headlines at 3 PM ET: California Cancels Paramount Meeting, Citing Leaks | EV-Maker ..."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296822478.md"
description: "Dow Jones headlines cover diverse corporate and regulatory events: California cancels a Paramount-Warner merger settlement meeting due to leaks; the FTC settles antitrust concerns with Zillow and Redfin; NHTSA expands its GM braking system investigation. In tech and EV news, Polestar faces U.S. market bans, XPeng's losses widen amid AI investments, while Alibaba raises $10.2B for AI and YMTC seeks a $4.9B IPO. Financially, Canada's big banks expect strong quarters, SoftBank plans record bond issuance, and Eli Lilly launches a weight-loss pill in the UK."
datetime: "2026-08-24T19:35:10.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296822478.md)
  - [en](https://longbridge.com/en/news/296822478.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296822478.md)
generator: "portal-rs"
---

# Dow Jones Top Company Headlines at 3 PM ET: California Cancels Paramount Meeting, Citing Leaks | EV-Maker ...

California Cancels Paramount Meeting, Citing Leaks

The two sides were scheduled to discuss a settlement of a multistate antitrust lawsuit aiming to block the Paramount-Warner merger. 

---- 

EV-Maker Polestar Says Trump Administration Strung It Along Before U.S. Ban 

The Chinese-owned automaker told dealers it is still trying to understand why it is being banned from the U.S. market. 

---- 

Canada's Big Banks Expected to Log Another Strong Quarter While Valuations Stretched 

Canada's biggest banks face a high bar ahead of their latest quarterly readouts, as recent strong trends have stretched market valuations. 

---- 

FTC Reaches Settlement With Zillow, Redfin Over Antitrust Concerns 

The FTC said its settlement unwinds an agreement from last year, in which Zillow paid Redfin $100 million to shut down its internet-listing services business and stay out of the market for up to nine years. 

---- 

NHTSA Expands Investigation Into GM Braking System 

The National Highway Traffic Safety Administration is expanding its investigation into GM's electronic braking system after receiving several complaints. 

---- 

FDA Approves Alzheimer's Blood Test Developed by Roche and Eli Lilly 

The Food and Drug Administration cleared a blood test for identifying Alzheimer's disease symptoms, which was developed by Roche and Eli Lilly. 

---- 

UAW Workers Reject Deere's Contract Extension Offer, Setting Up 2027 Battle 

UAW President Shawn Fain called the offer an effort to avoid the usual bargaining process. 

---- 

XPeng Net Loss Widens Amid Physical AI Push 

The Chinese EV maker remained in the red despite resilient margins, as heavy investment in new models and AI-related tech outweighed profits from its main business and higher-margin services. 

---- 

Eli Lilly Launches Foundayo Weight-Loss Pill in U.K. 

The once-daily pill was approved for patients with a body mass index of at least 30, or between 27 and 30 in the event of at least one weight-related health condition. 

---- 

SoftBank Plans Record Retail Bond Issuance Amid AI Push 

The fundraising comes as SoftBank seeks to finance an increasingly ambitious AI strategy. 

---- 

Alibaba to Raise $10.20 Billion for AI Investment With Share Placement 

The Chinese company has been spending heavily on the technology as it jostles with rivals for dominance in the rapidly growing AI sector. 

---- 

YMTC Seeks $4.9 Billion IPO 

China's flagship memory chip maker filed for an initial public offering in Shanghai that is set to be among the country's biggest share sales by a semiconductor maker in years. 

---- 

Wendy's CEO Aims for Chain to Get Back in the Burger Fight 

Bob Wright said that the chain has traded quality for cost savings and that a former McDonald's executive is joining as marketing chief. 

(END) Dow Jones Newswires

August 24, 2026 15:15 ET (19:15 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**