Dow Jones Top Company Headlines at 7 AM ET: Kraft Heinz Is Splitting Into Two Companies | CEO ...

Dow Jones
09/02

Kraft Heinz Is Splitting Into Two Companies

The packaged-food giant has struggled with a flagging share price and weakening demand for some core products.

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CEO of Jim Beam's Japanese Owner Quits During Police Probe

The development marks an unusual scandal for the normally sedate world of corporate Japan.

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NIO Misses Earnings Expectations

The Chinese electric-vehicle maker's net loss widened in the second quarter even as revenue rose, with both metrics missing analysts' expectations as the company faced intense competition during the period.

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Nestle Fires CEO Following Probe of Romantic Relationship With Subordinate

Laurent Freixe is out after just a year in the top job at the food giant, which is trying to sell a number of underperforming businesses.

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Monte Dei Paschi Raises Mediobanca Offer by €750 Million

Monte dei Paschi said it would pay an extra €0.90 a share for each Mediobanca share tendered, on top of its original offer.

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Amazon to Invest $4.4 Billion in New Zealand Data Centers

The U.S. tech company said the investment would support over 1,000 full-time jobs.

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American-Made Businesses Are Clamoring to Get on This Tariff List

The Commerce Department added tariffs on more than 400 products, from flatware and kettlebells to bulldozers and robots.

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Companies Reap Cash Savings From Trump's New Tax Law

Benefits ripple through the oil, technology and telecommunications industries.

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Aldi Wants to Conquer the American Grocery Store Landscape

The German chain plans to add more than 200 stores on a net basis in the U.S. this year.

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EV Deals Are Booming Ahead of Tax-Credit Expiration

Electric-car hot spots like Colorado have seen an explosion of sales in unexpected models.

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Novo Nordisk Says Wegovy Cuts Heart Risk by 57% Compared With Eli Lilly's Obesity Drug

The study used evidence gathered from patient experiences rather than a controlled trial, Novo said.

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The Podcast Gold Rush: Media Companies Race to License Star Creators

With AI upending how people consume information, news outlets are willing to pay top dollar for unique voices.

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The Ice Cream That Beat Costco's Hot Dog as the Best Money Loser in Business

China's Mixue Ice Cream & Tea has perfected the modern science of making money by losing money.

 

(END) Dow Jones Newswires

September 02, 2025 07:00 ET (11:00 GMT)

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