Dow Jones Top Company Headlines at 7 AM ET: Victoria's Secret Faces Valentine's Day Test | Jollibee ...

Dow Jones
01/06

Victoria's Secret Faces Valentine's Day Test

After fumbling the holiday of romance last year, the purveyor of lingerie aims to be better prepared this February.

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Jollibee to Spin Off International Business With U.S. Listing by 2027

Jollibee Foods Corp. plans to spin off its international business and list it in the U.S. by late 2027, as the Philippine fast-food group moves to accelerate its growth globally.

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Nvidia Unveils Faster AI Chips Sooner Than Expected

At the Consumer Electronics Show in Las Vegas, CEO Jensen Huang said more powerful chips will enable training of models in simulated environments.

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As AMD chases Nvidia, here's how it's positioning itself for the future of AI

AMD CEO Lisa Su delivered a CES keynote that highlighted cost benefits, memory improvements, a shift toward real-world AI - and an insatiable demand for compute power.

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Nestle Recalls Batches of Infant Formula Potentially Containing Toxins

Nestle recalled specific batches of its SMA baby formula, citing the potential presence of cereulide bacteria.

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KKR, Warburg Pincus Among Suitors for Southeast Asia School Operator

Private-equity firms KKR and Warburg Pincus are among the bidders vying to acquire TPG's Southeast Asia school business, which could be valued at up to $2 billion, people familiar with the process said.

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AB InBev Buys Back $3 Billion Stake in U.S. Metal Container Facility to Boost Supply Security

The beer giant agreed to repurchase a minority stake in its U.S.-based metal container plants, taking back its share of the facilities that boost supply security.

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Next PLC Lifts Outlook on Stronger-Than-Expected Year End

The bellwether for the U.K. retail sector raised its guidance for the 2026 fiscal year, saying it expected a 10.7% rise in full-price sales.

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Trump's Hint to Oil Executives Weeks Before Maduro Ouster: 'Get Ready'

The U.S. president now wants oil companies to grow Venezuela's production.

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Steel Dynamics, SGH Bid $8.8 Billion to Acquire BlueScope Steel

Indiana-based Steel Dynamics has intensified efforts to buy the North Star steel mill in Ohio.

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Under Armour has a new fan - in the firm founded by the 'Warren Buffett of Canada'

Shares of Under Armour Inc. got a boost after hours on Monday after Fairfax Financial Holdings continued to build up a large stake in the athleisure giant, whose stock has struggled over the past year.

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Citgo Is a Crown Jewel of Venezuela's Oil Industry. Elliott Is Set to Reap the Benefits.

The hedge fund could soon close its proposed takeover of the refiner-and profit from any bump in oil production from the Latin American country.

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Uber, Lucid and Nuro Begin On-Road Testing for Robotaxi Service

Pending final validation, the robotaxi is expected to start production later this year. The companies expect to offer the service in the Bay Area later this year.

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GM, Toyota Hint at Tough Year Ahead for U.S. Auto Sales

Sales are expected to slow after three years of gains as consumers push back on rising prices.

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Dell's Underperforming PC Business Seeks a Comeback

Chief Operating Officer Jeff Clarke says Dell got off course by focusing too much on premium tiers and ignoring other segments of the market.

 

(END) Dow Jones Newswires

January 06, 2026 07:00 ET (12:00 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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