Dow Jones Top Company Headlines at 11 PM ET: KKR Consortium Sold Luxury Hyatt Hotel in Tokyo for Over $800 Million, Sources Say | Four ...

Dow Jones
2025/11/25

KKR Consortium Sold Luxury Hyatt Hotel in Tokyo for Over $800 Million, Sources Say

A consortium led by private-equity firm KKR & Co. has sold its holdings in a Hyatt Regency luxury hotel in Tokyo for over $800.0 million to an unidentified buyer, people familiar with the situation said.

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Four Top Contenders at Apple to Succeed Tim Cook

The top potential successors are four current Apple executives, each heading a different part of the company.

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Alimentation Couche-Tard Second-Quarter Profit Rises as Same-Store Sales Grow

Chief Executive Alex Miller said the company is driving traffic with meal deals, exclusive vendor partnerships and seasonal Fuel Day events.

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Nvidia Says It's Not Enron in Private Memo Refuting Accounting Questions

In a private memo to Wall Street analysts, Nvidia says its business "does not resemble historical accounting frauds."

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This Sneaker Brand Keeps Raising Prices-and Consumers Don't Seem to Care

First, the Swiss company On outpaced Nike. Now it's betting it can beat tariffs, too

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Scripps Confirms Unsolicited Sinclair Bid

Scripps said it will carefully review and evaluate the proposal.

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Amazon to Invest $50 Billion Building Data Centers to Support U.S. Government

The investment will enable government agencies to accelerate discovery and decision-making, the company said.

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Zoom Stock Rises After Earnings Beat Estimates, Signs of More AI Adoption

Zoom posted third-quarter adjusted earnings of $1.52 a share.

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Six Flags Names John Reilly President, CEO

Reilly, who worked for Spanish theme-park company Parques Reunidos and SeaWorld, will face multiple activist investors.

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Kohl's Names New CEO in Bid to Move Past Leadership Scandal

Kohl's named Michael Bender as its permanent chief executive, electing to elevate its interim leader as the retailer attempts to turn around years of slumping sales.

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Performance Food Group, US Foods Scrap Merger Talks

Performance Food Group and US Foods Holdings have called off talks to merge in a deal that would have created a food-distribution giant rivaling top player Sysco

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Novo Nordisk Shares Slump After Ozempic Pill Fails in Alzheimer's Trials

A pill with the key ingredient in Ozempic and Wegovy didn't slow Alzheimer's disease in two late-stage clinical trials.

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AI Meets Aggressive Accounting at Meta's Gigantic New Data Center

Favorable treatment off the balance sheet hinges on some convenient assumptions.

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Rheinmetall Turns to Former Auto Workers to Fuel Hiring Spree

EXCLUSIVE: Rheinmetall is looking to tap workers laid off by the car industry as it prepares to quintuple sales by 2030 compared with 2024.

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Tech Investor Prosus Posts Higher Profit, Driven by Tencent Holding

Higher profitability at Tencent and the group's e-commerce operations, as well as a $3.3 billion gain from trimming its stake in the tech giant, contributed to the result.

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Bayer Shares Jump After Drug Candidate Shows Stroke Prevention Potential

The pharma company said asundexian, when combined with antiplatelet therapy, lowered the risk of stroke in patients during the study.

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BHP Abandons Bid for Anglo American Following New Talks

BHP Group won't pursue a takeover of Anglo American, clearing the way for Anglo's merger with Teck Resources.

 

(END) Dow Jones Newswires

November 24, 2025 23:00 ET (04:00 GMT)

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

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