Dow Jones Top Company Headlines at 1 PM ET: Home Depot Plans to Keep Prices Steady Despite Tariffs | Victoria’s ...

Dow Jones
May 21, 2025

Home Depot Plans to Keep Prices Steady Despite Tariffs

Retailer pushed suppliers to source outside China and keep prices low; big-ticket home projects on hold

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Victoria's Secret moves to block activist investor from amassing controlling stake

Underwear company adopts so-called poison pill after Australian activist shareholder Blundy switches stock-holding classification to active from passive.

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Elon Musk to Cut Back Political Spending

After making huge bets on the 2024 election, the world's richest person and Trump booster said he would spend less. He promised to stay on as Tesla CEO.

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BMW Announces $2.25 Billion Buyback Program

The luxury-car maker said the buyback is scheduled to start this month and will last no later than April 30, 2027.

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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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Levi Strauss to Sell Dockers Brand for Up to $391 Million

Levi Strauss said it would sell Dockers to Authentic Brands Group for $311 million, as Chief Executive Michelle Gass continues to center the company on its namesake brand.

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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 With Return to Growth in Germany in Sight

The telecommunications group plans about $2.3 billion in share buybacks as it works to improve performance in its biggest market.

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Senators Question Shari Redstone Over Efforts to Reach CBS Settlement With Trump

Lawmakers raise concerns that CBS News parent Paramount risks violating bribery laws in pursuit of potential Trump settlement.

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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.

 

(END) Dow Jones Newswires

May 20, 2025 13:00 ET (17:00 GMT)

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