Dow Jones Top Company Headlines at 11 AM ET: AIG's Peter Zaffino to Step Down as CEO | Ford ...

Dow Jones
01/07

AIG's Peter Zaffino to Step Down as CEO

Longtime Aon executive Eric Andersen will take the reins after a turbulent period at the insurer.

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Ford Sales Rise on Increased Demand for Lower-Priced Trucks

Ford recorded more fourth-quarter sales compared with the prior year, as lower-priced truck sales helped it more than offset a decline in electric vehicles.

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Meta Pauses European Rollout of Smart Ray-Bans as Americans Lap Up Supply

The Ray-Ban Display smartglasses, developed in partnership with Franco-Italian eyewear group EssilorLuxottica, had been planned to be made available for sale in Canada, France, the U.K. and Italy early this year.

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Lockheed Martin to More Than Triple PAC-3 Missile Production Under Pentagon Deal

Lockheed Martin said it will increase annual production of PAC-3 missile segment enhancement interceptors after signing a seven-year agreement with the Defense Department.

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AB InBev Buys Back $3 Billion Stake in U.S. Metal Container Facility to Boost Supply Security

The beer giant agreed to repurchase a minority stake in its U.S.-based metal container plants, taking back its share of the facilities that boost supply security.

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McGraw Hill Names Philip Moyer President, CEO as Simon Allen Retires

McGraw Hill's top executive, Simon Allen, is retiring next month and will be succeeded by former Vimeo chief Philip Moyer.

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Jollibee to Spin Off International Business With U.S. Listing by 2027

Jollibee Foods Corp. plans to spin off its international business and list it in the U.S. by late 2027, as the Philippine fast-food group moves to accelerate its growth globally.

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Nestle Recalls Batches of Infant Formula Potentially Containing Toxins

Nestle recalled specific batches of its SMA baby formula, citing the potential presence of cereulide bacteria.

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Nvidia Unveils Faster AI Chips Sooner Than Expected

At the Consumer Electronics Show in Las Vegas, CEO Jensen Huang said more powerful chips will enable training of models in simulated environments.

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Victoria's Secret Faces Valentine's Day Test

After fumbling the holiday of romance last year, the purveyor of lingerie aims to be better prepared this February.

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KKR, Warburg Pincus Among Suitors for Southeast Asia School Operator

Private-equity firms KKR and Warburg Pincus are among the bidders vying to acquire TPG's Southeast Asia school business, which could be valued at up to $2 billion, people familiar with the process said.

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Next PLC Lifts Outlook as International Sales Boost Year-End

The bellwether for the U.K. retail sector raised its guidance for the 2026 fiscal year, saying it expected a 11% rise in full-price sales.

 

(END) Dow Jones Newswires

January 06, 2026 11:00 ET (16:00 GMT)

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