Macy's Sees Sales Dropping Again This Year 
 

Macy's said it expects sales to decline again this fiscal year as the department store chain reshapes its footprint to prioritize better-performing locations.

 
7-Eleven to Split U.S. Stores and Buy Back Shares to Prevent Takeover 
 

Seven & i Holdings, the Japan-based owner of the worldwide chain, said it aims to list its North American convenience-store unit by the end of 2026, as it seeks to head off a takeover attempt by the Canadian owner of Circle K.

 
Kroger Stock Falls After Earnings and Soft Guidance 
 

Kroger anticipates adjusted earnings in the current fiscal year range of $4.60 to $4.80 a share. Analysts were expecting $4.81 a share.

 
Senators Call for DOJ Probe of X's Advertiser Pressure Campaign 
 

Five Democratic senators have asked the Justice Department to investigate whether Elon Musk is leveraging his influence in the Trump administration to bully advertisers into returning to X.

 
Wendy's Sets Long-Term Financial Targets Ahead of Investor Day 
 

Wendy's issued a target of global sales between $17.5 billion and $18 billion for 2028. It also guided for its total number of restaurants to sit between 8,100 and 8,300 in three years time.

 
TSMC Says $100 Billion U.S. Expansion Driven by Demand, Not Political Pressure 
 

The world's largest contract chip maker's latest $100 billion investment plan is aimed at meeting strong demand from U.S. customers, Wei said.

 
Reckitt Benckiser Shares Rise After Profit Beat 
 

Adjusted profit of nearly GBP3.5 billion came in ahead of expectations for 2024 as the consumer-goods company continues to progress with its turnaround plans.

 
Harbour Energy Shares Sink to Record Low After Profit Hit by U.K. Windfall Tax 
 

The oil-and-gas producer swung to a loss in 2024 as the energy profits levy continued to drag on results and its CEO described the U.K. as a difficult fiscal and regulatory environment in which to operate.

 
Leonardo, Baykar Technologies Team Up to Develop Drones as Europe Rearms 
 

The first product from the alliance will likely be a military drone capable of carrying all the munitions currently used by fighter jets, with a prototype ready in about a year's time.

 
JD.com Profit Soars as Consumer Spending Rebounds 
 

Chinese online retailer JD.com reported better-than-expected earnings in the fourth quarter despite fierce e-commerce competition in the world's second-largest economy.

(END) Dow Jones Newswires

March 06, 2025 09:00 ET (14:00 GMT)

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