Dow Jones Top Company Headlines at 5 AM ET: Huawei Founder Dismisses U.S. Export Control Concerns | Warner ...

Dow Jones
06/10

Huawei Founder Dismisses U.S. Export Control Concerns

U.S. chip restrictions won't have an impact on Huawei Technologies, its founder has said, dismissing concerns that it will be squeezed by export controls.

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Warner Bros. Discovery Seeks Ban on Creditor Cooperation in Corporate Split

The entertainment company included an 'antiboycott' requirement for bondholders while seeking to split into two public businesses.

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Ad Forecaster Cuts Industry Outlook as Trade Upheaval Risks 'Chilling Effect'

WPP Media now sees global ad industry growth of 6% for this year, down from its prior forecast of 7.7%, excluding U.S. political spending.

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Merck Pill Lowers Cholesterol Levels. By How Much Is the Critical Point.

The medication could face competition from AstraZeneca, which is testing a different oral PSCK9 inhibitor.

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FTC Seeks Information From Top Advertising Agencies as Part of Ad-Boycott Probe

Among firms that received requests are Omnicom, WPP, Dentsu, Interpublic and Publicis.

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Boeing Stock Rises. Its Turnaround Was Boosted By An Unexpected Source.

Paris Airshow observers might be wondering where the new, exciting jetliners are. There's been a drought of announcements.

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Disney to Pay NBCUniversal Another $438.7 Million for Hulu Stake

Disney had estimated the value to be around $27.5 billion, while Comcast was looking for at least $40 billion. If Comcast's side had won out, Disney would be looking at an additional payment of about $5 billion.

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JPMorgan Internal Memo Shows Morale Took a Hit on Return to Office

The results of the bank's latest internal opinion survey showed fewer employees than last year say they view their health and well-being as a corporate priority.

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Apple Unveils Array of New Software, but AI Comeback Remains Far Off

The iPhone maker releases live language-translation capabilities and a broad software redesign. Some AI upgrades remain delayed.

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Solar Bellwether's Bankruptcy Shows Green Energy's Woes Under Trump

One of America's largest rooftop-solar installation businesses filed for chapter 11 Monday, a stark illustration of the strains haunting the U.S. clean-energy sector as shifting federal policies shake investor confidence.

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Grab Plans $1.25 Billion Fund Raise

Grab plans to raise $1.25 billion via convertible bonds to fund buybacks and acquisitions, it said after issuing a fresh denial about a potential merger with Indonesian rival GoTo Gojek Tokopedia.

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Maynilad Water Tests Investor Appetite Ahead of IPO

Philippines utility Maynilad Water Services has started testing investor appetite ahead of an initial public offering that could be the country's biggest ever.

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Starbucks Cuts Prices in China Amid Sluggish Sales. What We Know.

The company has contended with fierce competition and sluggish growth in China.

 

(END) Dow Jones Newswires

June 10, 2025 05:00 ET (09:00 GMT)

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