Dow Jones Top Company Headlines at 7 AM ET: Home Depot Backs Guidance as Sales Top Estimates | Honda ...

Dow Jones
2025/05/20

Home Depot Backs Guidance as Sales Top Estimates

The company's CEO said customers continued to spend on smaller home-improvement projects.

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Honda Motor to Dial Back EV Investment

The Japanese carmaker plans to reduce its investment in electric vehicles by more than $20 billion in the coming years as EV demand growth slows.

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UnitedHealth Built a Giant. Now Its Model Is Faltering.

Growing public scrutiny and tighter regulation are testing a long successful vertical-integration strategy.

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Tesla Sets Record With $139 Million Pay Package for Finance Chief

Vaibhav Taneja's stock award is worth more than any CFO's-and most CEOs'-pay.

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Chinese Battery Giant CATL's Shares Surge on Hong Kong Debut

The listing comes as risk appetite has returned to global markets as trade tensions between the U.S. and China have eased.

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Shoemaker Leans on Automation to Expand U.S. Production

Keen planned new Kentucky factory long before Trump's tariff blitz, which could help boost demand for its boots, sneakers and sandals.

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Vodafone Launches Buyback After Revenue Rises

The group swung to pretax loss on impairment charges, but said it would start a share buyback of up to €500 million after revenue rose.

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Regeneron to Buy 23andMe Out of Bankruptcy for $256 Million

The DNA testing company would sell for a fraction of its peak valuation of $6 billion to a biotech aiming to use its data troves for drug research.

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‘Sesame Street' Finds a New Home on Netflix

The streaming giant along with PBS will air new episodes of the beloved children's show.

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CBS News Chief to Leave as Tension Persists Over Paramount's Trump Fight

Wendy McMahon is the network's second recent high-profile departure.

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Kering Names Pierpaolo Piccioli Creative Director of Balenciaga

Kering said it appointed Pierpaolo Piccioli as the new creative director of Balenciaga as the French luxury group faces a slowdown in demand for high-end goods, coupled with its own turnaround challenges.

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Major Office Landlord Is Exploring Sale of the Company

Paramount Group's announcement comes after the firm revealed $4 million in previously undisclosed payments to the CEO's outside business interests.

 

(END) Dow Jones Newswires

May 20, 2025 07:00 ET (11:00 GMT)

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

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