Apple COO Jeff Williams to Step Down; Design Team Will Report to CEO Tim Cook
Apple's chief operating officer plans to hand the role off this month and retire later this year after roughly a decade as the tech giant's No. 2 under Chief Executive Tim Cook.
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Goldman Sachs Hires Former U.K. Prime Minister Rishi Sunak
The onetime world leader will work part time for the investment bank as a senior adviser while remaining a lawmaker.
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LVMH Taps Michael Burke to Lead Americas Business Amid Trade Uncertainty
The appointment, set to bolster the group's presence in North and South America, reflects LVMH's ambition to further invest in the region in coming years, according to a company memo.
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Hershey Recruits Collab-Loving Wendy's Boss as New CEO
Kirk Tanner will take the top slot at the chocolate maker in August. Wendy's appointed its CFO as interim chief executive.
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TopBuild to Buy Progressive Roofing From Bow River Capital for $810 Million
TopBuild has struck a deal to buy commercial-roofing services provider Progressive Roofing from alternative asset manager Bow River Capital for $810 million in cash.
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Challenger to FICO Credit Scores Gets Green Light for Use in Mortgages
Fannie Mae and Freddie Mac's regulator says VantageScore can now be used to underwrite home loans, weighing on FICO's stock.
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Honeywell International Aims to Streamline Ahead of Breakup
Honeywell International has started evaluating strategic alternatives for two of its business units, a move the industrial conglomerate said would streamline its business and create value ahead of its split into three companies.
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Daimler Truck Expects Significant Job Cuts in Germany
The cuts are part of a cost-saving plan to shift production of Mercedes-Benz trucks out of Europe's largest economy.
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Once Popular Pre-IPO Investing Platform Linqto Files for Bankruptcy
An internal investigation uncovered evidence that Linqto customers never owned the securities they thought they did.
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WeightWatchers emerges from bankruptcy, and it's now taking aim at menopause
WeightWatchers' stock was surging after the company emerged from bankruptcy two months after it was announced.
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SunRun, Enphase Stocks Tumble as Trump Adds to Gloom in Solar Sector
The president directed the Treasury and Interior department to enforce the termination of wind and solar tax credits.
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Meta Hires Top Apple AI Expert, Continuing Zuckerberg's Recruitment Push
Mark Zuckerberg wooed another elite researcher with a pay package in the tens of millions.
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Amazon Turns Prime Day Into Prime Week
The retailer is doubling the length of this year's promotion, aiming to lure in more shoppers and nab new Prime members.
(END) Dow Jones Newswires
July 08, 2025 21:00 ET (01:00 GMT)
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