Dow Jones Top Company Headlines at 9 AM ET: Gucci Owner Picks Auto Executive for One of Global Luxury's Top Jobs | Victoria's ...

Dow Jones
2025/06/16

Gucci Owner Picks Auto Executive for One of Global Luxury's Top Jobs

Francois-Henri Pinault is stepping back as CEO of Kering, hoping Luca de Meo can pull Gucci and Saint Laurent out of a slump.

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Victoria's Secret Is Under Mounting Pressure From Latest Activist Investor

Barington Capital Group plans to push the lingerie retailer to overhaul its board.

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Santos Gets $18.72 Billion Takeover Offer From Adnoc-Led Consortium

Australia's second-largest producer of oil and natural gas received the offer from a consortium led by Abu Dhabi's national oil company worth some $18.72 billion.

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Vice Media Hires Former NBCUniversal Executive for Studio-Focused Turnaround

Under new CEO Adam Stotsky, the company will push provocative shows and podcasts.

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Sarepta Stock Crashes After Death of Second Patient Receiving Its Gene Therapy

A second patient receiving its experimental gene therapy Elevidys has died from liver failure, raising serious questions on the drug's outlook.

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Roku Stock Soars. Why a Team-Up With Amazon Is Giving It a Boost.

Roku and Amazon estimated that their partnership will enable marketers to sell ads to a combined audience of about 80 million households.

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At Home Group Enters Chapter 11 Bankruptcy Amid Restructuring

Big-box retailer has struck a deal with lenders to eliminate almost all of its nearly $2 billion in funded debt and has secured around $200 million in capital to support its operations.

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Southwest Airlines Adds Cockpit Alerts to Boost Runway Safety

Honeywell-designed alerts warn pilots against dangerous takeoffs or other risky situations at airports.

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Roche Pauses Use of Elevidys After Fatal Liver Failures

The commercial and clinical use of Elevidys was discontinued after two fatal cases of acute liver failure.

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Amazon to Invest Nearly $13 Billion in Data Centers in Australia

Amazon plans to invest about $13 billion to expand its Australian data center infrastructure, as it seeks to meet the boom in global demand for artificial-intelligence computing.

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Cyberattack on Washington Post Strikes Journalists' Email Accounts

Reporters covering national security and economic policy were among the employees affected by the breach.

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Australia's Securities Regulator Launches Inquiry Into ASX

The regulator has launched an inquiry after what it called repeated and serious failures that raise doubts over ASX's ability to maintain critical trading infrastructure.

 

(END) Dow Jones Newswires

June 16, 2025 09:00 ET (13:00 GMT)

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