Dow Jones Top Company Headlines at 9 AM ET: Kenvue CEO Departs As Company Launches Strategic Review | Elon ...

Dow Jones
2025/07/14

Kenvue CEO Departs As Company Launches Strategic Review

The Johnson & Johnson spinoff that makes Tylenol and Benadryl, said Chief Executive Thibaut Mongon has departed and that the company is considering simplifying its portfolio amid a recent sales slump.

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Elon Musk Floats a New Source of Funding for xAI: Tesla

The billionaire entrepreneur said Tesla shareholders would vote on investing in xAI as he seeks to tap his own companies to help fund his artificial-intelligence startup.

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Becton Dickinson Unit to Combine With Waters Corp. in $17.5 Billion Deal

Becton Dickinson's biosciences & diagnostic-solutions business agreed to combine with Waters Corp. in a deal valued around $17.5 billion.

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Court Eases Some Government Demands on UniCredit's Banco BPM Bid

An Italian court lifted two conditions imposed by officials, while upholding others, marking the latest development in a takeover battle set to reshape the country's banking sector.

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This Industrial Company's Earnings Are Good News for the Economy

Sector bellwether Fastenal reported upbeat second-quarter earnings, and the strongest sales growth in years.

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Private-Equity Firms Bain and Kohlberg Make Another Big Bet on Biopharma Industry

The firms lead an investment valuing PCI Pharma at $10 billion, see the company benefiting from broader trends.

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Private-Markets Giant Blue Owl Pushes Into 401(k)s

The firm is working with retirement-services provider Voya to offer private assets in target-date funds.

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That's a Wrap on Prime Day. What the Numbers Show.

U.S. retailers drove $24.1 billion in online spend from Tuesday through Friday, up 30.3% from 2024, according to new data from Adobe.

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Google to Pay $2.4 Billion in Deal to License Tech of Coding Startup, Hire CEO

The deal comes after acquisition talks between startup Windsurf and OpenAI broke down.

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The Pants Cost $20. They Explain $86 Billion of Costco Sales.

Kirkland Signature is now bigger than some of the world's biggest companies-and it has become essential to Costco's business.

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Apple Offers as Much as $150 Million for Formula One U.S. Rights

The bid puts F1 on track for a significantly more lucrative deal than it has with its current partner, Disney's ESPN.

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Walgreens Shareholders Approve $10 Billion Sycamore Partners Deal

The deal, announced on March 6, would allow Sycamore Partners to take Walgreens private. The drug-store chain expects the transaction to close in the third or fourth quarter of 2025.

 

(END) Dow Jones Newswires

July 14, 2025 09:00 ET (13:00 GMT)

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