Dow Jones Top Company Headlines at 3 AM ET: Nestle to Shed Ice-Cream Business in Major Shakeup | Rio ...

Dow Jones
02/19

Nestle to Shed Ice-Cream Business in Major Shakeup

The food giant plans to offload its ice-cream business and consolidate other major areas of its operations around four main categories.

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Rio Tinto Net Profit Down 14%; Underlying Earnings, Payout Flat

The world's second-biggest miner by market value made a net profit of $9.97 billion in 2025, down from $11.55 billion a year earlier.

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Tata Group and OpenAI Form Partnership, to Develop AI Data Centers

India's Tata Group and OpenAI are teaming up to offer artificial-intelligence services, the latest deal aimed at advancing the South Asian country's position in the global AI race.

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Airbus Warns of Hit to A320 Production From Pratt & Whitney Engine Shortage

The shortage has forced it to slow down production of its best-selling jets, the latest setback for a company struggling with supply-chain bottlenecks.

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Air France-KLM Posts Swing to Profit Amid Drop in Costs

Air France-KLM posted a swing to net profit for its fourth quarter after unit costs reflected productivity improvements and fuel efficiencies.

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Renault Expects Margins to Fall Further This Year

The carmaker is pursuing international expansion and a growing share of electric vehicle sales.

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Pernod Ricard Targets Cost Savings to Offset Slowing Demand in U.S., China

Pernod Ricard said it is focused on cost-control after weakening sales and rising costs bit into the distiller's earnings.

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Nvidia Wins Meta Deal. Its Gain Is Broadcom's Loss.

Nvidia stock has flatlined amid the competitive threat from Broadcom and other chip makers. But Meta Platforms is committing to purchases with the chip maker.

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Mark Zuckerberg Grilled on Usage Goals and Underage Users at California Trial

The Meta CEO said the company no longer issues goals for its teams for time spent by users on its platforms.

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Top Lawyers' Fees Have Skyrocketed. Be Prepared to Pay $3,400 an Hour.

Expertise and ego are pushing up hourly rates to once-unthinkable levels.

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Molson Coors Profit, Sales Fall as Beer Demand Remains Soft

The maker of Blue Moon and Miller High Life said it expects its top-line to improve this year, and that commodity inflation will be a particularly challenging obstacle.

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DoorDash Expects Ramped Up Spending to Dent First Quarter

The delivery giant forecast higher-than-expected orders for the current quarter, but said the results could be dented by further investments.

 

(END) Dow Jones Newswires

February 19, 2026 03:00 ET (08:00 GMT)

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