Dow Jones Top Company Headlines at 5 AM ET: Nintendo's Use of a Rare-Earth Magnet Could Expose It to China's Whims | BP ...

Dow Jones
2025/07/11

Nintendo's Use of a Rare-Earth Magnet Could Expose It to China's Whims

Nintendo's Switch 2 videogame machine uses a rare-earth magnet to attach its hand-held controllers to the main console, according to a teardown.

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BP Flags Up to $1.5 Billion Impairment While Earnings Are Hit by Weaker Prices

The energy major warned that lower oil and gas sales could drag on its results, though upstream production is expected to rise quarter-on-quarter.

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Air India Probe Puts Early Focus on Pilots' Actions, Plane's Fuel Switches

An investigation into the June crash so far hasn't pointed to a problem with the Boeing 787 Dreamliner or its GE Aerospace engines.

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Banks Had a Blistering Rally. Earnings Are the Next Test.

The stocks have surged to prices that may give them little room for error as investors evaluate the results.

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Eli Lilly Has Seized the Lead in Anti-Obesity Drugs. Next Up: a Pill.

The drugmaker has become a clear winner with its weight-loss drugs. Now, with a pill under development, the company should see earnings gains through the end of the decade.

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Unilever Picks New Ben & Jerry's CEO, Escalating Dispute With Independent Board

Jochanan Senf, a longtime Unilever executive, starts in the role this month.

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Justice Department Won't Seek Injunction for T-Mobile Acquisition of U.S. Cellular

A major hurdle has been removed on the path to a deal between T-Mobile and U.S. Cellular.

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Flutter to Buy Boyd Gaming's Stake in FanDuel

Flutter Entertainment is buying the remaining stake in FanDuel to take full ownership of the sports-betting platform, which is now valued at $31 billion.

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Venezuela's Disputed Bond Complicates Citgo Sale

Bondholders owed some $1.7 billion by Venezuela seek to derail Citgo's latest bidder.

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Saving a Studio? This Looks Like a Job for Superman!

The man of steel is back in a new $225 million reboot. It's the last, best hope for DC Comics to match the success of the Marvel industrial complex.

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Levi Strauss Raises Fiscal-Year Outlook on Resilient Direct-to-Consumer Sales

The apparel company said it is now expecting annual revenue to increase 1% to 2%, after previously guiding for a 1% to 2% decline in fiscal-year sales.

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Nvidia officially gets its $4 trillion finish. Here's what could come next.

Analysts see paths to more milestones for Nvidia after the stock closed at a $4 trillion market capitalization for the first time Thursday.

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Behind the Unraveling of Wells Fargo's Rewards-for-Rent Credit-Card Partnership

The bank was losing millions of dollars a month on a card it launched with Bilt.

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Toll Brothers Names Ziegler Chief Financial Officer

The longtime executive at the home-building company will succeed Marty Connor.

 

(END) Dow Jones Newswires

July 11, 2025 05:00 ET (09:00 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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