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Dow Jones Top Company Headlines at 1 PM ET: Amazon Boosts Minimum Pay for U.S. Full-Time Core Operations Staff to $20/Hour | Novo ...

Dow Jones Top Company Headlines at 1 PM ET: Amazon Boosts Minimum Pay for U.S. Full-Time Core Operations Staff to $20/Hour | Novo ...

Dow Jones2026/09/16 17:00
By: Dow Jones

Amazon Boosts Minimum Pay for U.S. Full-Time Core Operations Staff to $20/Hour

The $1-per-hour increase applies to the e-commerce company's front-line workers, who handle tasks like sorting, packing and transporting orders.

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Novo Nordisk Will Use Anthropic's Claude for Drug Research

The Ozempic maker is partnering with the AI firm to speed up drug development.

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Mucinex Maker Bets $400 Million More on U.S. Supply Chain

Reckitt expands a North Carolina manufacturing plant and a New Jersey campus to meet shifts in consumer demand.

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Mattel CEO Sees Growth Ahead as Shoppers Are Buying Toys Again

Mattel CEO Ynon Kreiz said the firm is "very confident" about growth this fiscal year. Hot Wheels and building sets are moving off store shelves.

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TikTok Parent's Revenue Grows as AI Spending Pressures Profits

ByteDance's artificial-intelligence spending pressured profit in the first half of the year, but the TikTok parent's revenue accelerated as a U.S. regulatory overhang cleared, people familiar with the matter said.

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OpenAI Considers Pre-IPO Funding Round at More Than $1.2 Trillion Valuation

The ChatGPT maker has had preliminary investor discussions about a new raise. It is likely to go public next year.

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Mistral Aims to Grow AI Consumer Base Through Mozilla Partnership

Mistral said Mozilla would leverage its artificial-intelligence models to power Firefox's AI assistant, betting on a partnership with a browser provider known for its privacy and data protections to win over more users and expand its consumer base.

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Intel Shares Rise Premarket on Report of SK Hynix U.S. Manufacturing Talks

The deal could involve SK Hynix leasing Intel's planned manufacturing plant in Ohio or forming a joint venture, according to a Reuters report, which added that any agreement could face South Korean government opposition.

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BlackRock Plans to Make the Corporate 401(k) Look More Like a Pension

The investment manager aims to overhaul target-date funds with more options for employers.

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Databricks Piles Investments Into Asia as Growth Accelerates

Analytics and artificial-intelligence software firm Databricks says its business in Asia is accelerating and plans to invest more in Singapore to tap regional demand.

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Trump Administration Shift Puts This Corner of Biotech Back in Favor

With the Food and Drug Administration's hard-liners gone, investors are rushing back into rare-disease bets.

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Apple Finally Built a Smarter Siri. It Still Hasn't Caught Up in the AI Race.

Siri finally works like a chatbot, but AI agent apps such as Instinct and Muse are stealing its thunder.

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EU Chief Reveals Plans for Curbing Children's Access to Social Media

The European Commission's president revealed details of a plan for a new EU-wide law curbing minors' access to social networks.

(END) Dow Jones Newswires

September 16, 2026 13:00 ET (17:00 GMT)

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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