Dow Jones Top Company Headlines at 11 PM ET: Kleenex-Owner Nears Roughly $3.5 Billion Sale of International Tissue Business | Bad ...

Dow Jones
2025/06/05

Kleenex-Owner Nears Roughly $3.5 Billion Sale of International Tissue Business

The maker of Kleenex tissues and Huggies Diapers is expected to sell the unit to Brazil's Suzano

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Bad Bunny was a hit for Calvin Klein - but not enough to shield profit outlook from tariffs

Shares of PVH Corp. fell after hours on Wednesday after the Calvin Klein and Tommy Hilfiger parent cut its full-year profit outlook, citing the impact of tariffs on shipments heading into the U.S.

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Boeing Agrees to Pay $1.1 Billion to Avoid Prosecution for 737 MAX Crashes

The new deal means Boeing avoids a trial that was scheduled to start June 23 in connection with the two crashes, which left 346 people dead.

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Five Below Profit, Sales Rise Amid New Store Expansion

Same-store sales are anticipated to increase 7% to 9%, the company said, ahead of the 5.4% growth Wall Street is expecting.

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23andMe's Former CEO Pushes Purchase Price Nearly $50 Million Higher

23andMe has a path to a higher purchase price than the $256 million offered by biotech giant Regeneron after the genetic-testing company's former chief executive pushed a bankruptcy court to reopen its sale process.

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Costco Sales Growth Slows for Fifth Straight Month

The company's sales rose 6.8% in May from a year ago, down from a 7% increase in April.

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Meta Talks to Disney, A24 About Content for New VR Headset

Tech company is looking to Hollywood for exclusive immersive video for premium device.

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Amazon to Invest $10 Billion in North Carolina to Expand AI Infrastructure

Amazon said the investment is expected to create at least 500 high-skilled jobs while supporting thousands of other jobs in its Amazon Web Services data center supply chain.

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CrowdStrike Cooperating With Federal Probes Into July Software Outage

The July outage caused by the bug in the company's Falcon software delayed thousands of flights, broke back-end systems and rendered laptops temporarily unusable.

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Meet the United Airlines Executive Who Gets to Pick Its Hot New Routes

Planning executive Patrick Quayle shares how he plots routes to Ulaanbaatar, Nuuk and more, using a mix of data and social-media buzz.

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STMicroelectronics Shares Jump After CEO Says Chip Demand Is Recovering

Shares of Tesla and Apple supplier STMicroelectronics surged Wednesday after its chief executive said the company would hit guidance for the current quarter as demand for its semiconductors is picking up.

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Circle Prices IPO Above Range, Valuing It at $6.8 Billion. The Stock Starts Trading Thursday.

Stablecoin company Circle is going public as optimism about Bitcoin and other digital currencies is growing.

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Reddit Sues Anthropic, Alleges Unauthorized Use of Site's Data

The online discussion forum says Anthropic continued to access its site more than 100,000 times after saying it had stopped.

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BarkBox Apologizes for Leaked Message Suspending Pride Marketing

The dog-toy company has sold Pride products to subscribers as add-ons for the past four years.

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GlobalFoundries to Invest $16 Billion to Reshore Chip Manufacturing

The semiconductor manufacturing company points to 'explosive growth' in artificial intelligence.

 

(END) Dow Jones Newswires

June 04, 2025 23:00 ET (03:00 GMT)

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

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