Dow Jones Top Company Headlines at 9 am ET: General Mills Swings to Loss, Works to Win Back 'challenging' Consumers | Kroger ...

Dow Jones
07/01

General Mills Swings to Loss, Works to Win Back 'Challenging' Consumers

General Mills swung to a loss in its fourth quarter, as it aims to gain back business by cutting costs and adding more products in the new fiscal year.

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Kroger to Buy Food & Pharmacy Retailer Giant Eagle for $1.65 Billion

Kroger has agreed to acquire food and pharmacy retailer Giant Eagle for $1.65 billion in cash and assumed liabilities.

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Binance Cuts Off European Users After Regulator Raises Financial-Crime Concerns

The EU's markets regulator had privately advised national authorities to block the crypto exchange's application to operate under a new regulatory regime.

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National Grid to Invest $1.75 Billion in Joulent in U.S. Energy Push

National Grid will get a 35% stake in Joulent, which is developing contracted power generation and high-voltage infrastructure for U.S. customers that require substantial amounts of power.

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Paramount Skydance Offers Concessions to EU for Warner Bros Deal

The companies offered concessions to the commission to ease competition concerns about the planned $81 billion deal.

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Small-Engine Makers Gain Big Momentum in Data Centers

For data centers looking for off-grid power, small engines are cheap and readily available.

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Nike Earnings Top Estimates but Stock Sinks

A pandemic winner, Nike couldn't hold on to its gains and now trade at just a fraction of its 2021 highs.

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Why This Analyst Thinks SpaceX's AI Business Alone Is Worth $1.8 Trillion

Wedbush analyst Dan Ives launched coverage of SpaceX with a Buy rating and $190 price target.

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AMD Stock Hits a Record High. Next Stop: The Exclusive $1 Trillion Club.

AMD could become the fourth chip company in the trillion-dollar club.

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Alcoa Buys South32 Aluminum Assets in Up to $5.6 Billion Deal

Alcoa has agreed to buy South32's bauxite, alumina and aluminum assets across Australia, Brazil and South Africa in a cash-and-stock deal.

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Galderma Shares Fall After Bid to Launch Botox Rival in U.S. Hits FDA Setback

Galderma said it continues to see a U.S. launch of Relfydess as a top priority.

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Anthropic Reaches Deal With Trump Administration to Restore Access to Fable AI Model

The model has been shut down for 2½ weeks due to security concerns, roiling the artificial-intelligence industry.

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Getty Images Plans to End Shutterstock Deal After U.K. Imposes Conditions

Getty Images plans to terminate its merger agreement with Shutterstock after a U.K. regulator said the latter company must sell its editorial business in order for the merger to be approved.

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KKR to Acquire EDF Power Solutions' North American Operations for $4.2 Billion

EDF power solutions' North American renewable energy business ranks among the top 10 U.S. renewable capacity owners and operates solar, wind and battery storage assets across the U.S. and Canada.

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How Western Automakers Are Losing Their Grip on the Chinese Market

Local EV rivals have almost entirely elbowed out foreign brands with a faster, more tech-focused approach to building cars.

 

(END) Dow Jones Newswires

July 01, 2026 09:00 ET (13:00 GMT)

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