Dow Jones Top Company Headlines at 5 AM ET: Schneider Electric to Buy Software Maker PTC for $22.6 Billion | Shionogi ...

Dow Jones2026/10/05 09:00

By:Dow Jones

Schneider Electric to Buy Software Maker PTC for $22.6 Billion The acquisition aims to create one of the largest industrial-software at a time when the rise of AI is reshaping customer needs. ---- Shionogi to Acquire IntraBio for $2 Billion The Japanese drugmaker said IntraBio's expertise would strengthen capabilities across its rare disease pipeline. ---- Robotics Startup RobCo Hits $1 Billion Valuation The German company aims to capitalize on growing demand for autonomous industrial robots. ---- These Energy Companies Put Oklahoma City on the Map. Now They're Moving to Texas. The departures of Devon Energy and Expand Energy are the latest sign that oil-and-gas mergers are consolidating the industry in Houston. ---- Akzo Nobel to Sell Southeast Asia Decorative Paints Business for $1.35 Billion Akzo Nobel said the planned sale would mark the conclusion of its decorative paints portfolio review in Asia and it would continue to focus on closing of its planned merger with Axalta Coating Systems. ---- The Carmaker Vying With Tesla to Conquer the Robot Future Hyundai is planning scores of new human-driven cars while Tesla is turning away from the steering wheel. ---- Spending on AI Is Becoming Almost Impossible for Businesses to Budget AI use is measured in tokens, but the models' use of tokens at any given task can be unpredictable. ---- Amazon's Crime Thriller 'Verity' Tops the Weekend Box Office The Anne Hathaway film overpowered Tom Cruise's latest. ---- The '90s Are Back in Style. Levi's Is Cashing In. The 173-year-old denim maker is enjoying a comeback as shoppers rediscover jeans with low rises and loose fits. ---- The Layoff Announcements Keep Coming, but No One Knows Who, Where or When From Nike to Meta, companies are telegraphing broad cuts in advance, leaving workers in limbo on the details. ---- Luxury Stocks Are Selling at Fast-Fashion Prices Trends that made luxury companies like LVMH such a brilliant investment over the past 20 years are fading. ---- The Brothers Dominating the $211 Billion Car Repair M

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