Dow Jones Top Company Headlines at 3 AM ET: Renault CEO Luca de Meo to Step Down | Roche ...

Dow Jones
Jun 16, 2025

Renault CEO Luca de Meo to Step Down

De Meo plans to pursue challenges outside the automotive industry after five years leading the carmaker, with one report suggesting he is to become the new boss of Kering.

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Roche Pauses Use of Elevidys After Fatal Liver Failures

The commercial and clinical use of Elevidys was discontinued after two fatal cases of acute liver failure.

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Santos Gets $18.72 Billion Takeover Offer From Adnoc-Led Consortium

Australia's second-largest producer of oil and natural gas received the offer from a consortium led by Abu Dhabi's national oil company worth some $18.72 billion.

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Amazon to Invest Nearly $13 Billion in Data Centers in Australia

Amazon plans to invest about $13 billion to expand its Australian data center infrastructure, as it seeks to meet the boom in global demand for artificial-intelligence computing.

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Southwest Airlines Adds Cockpit Alerts to Boost Runway Safety

Honeywell-designed alerts warn pilots against dangerous takeoffs or other risky situations at airports.

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Victoria's Secret Is Under Mounting Pressure From Latest Activist Investor

Barington Capital Group plans to push the lingerie retailer to overhaul its board.

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Cyberattack on Washington Post Strikes Journalists' Email Accounts

Reporters covering national security and economic policy were among the employees affected by the breach.

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Inspections of Boeing 787 Jets in India Under Way After Crash

Indian authorities have ordered what they called "extended surveillance" of all Boeing 787 aircraft in the country's fleet while they investigate the cause of the Air India crash.

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Nippon to Close U.S. Steel Deal After National-Security Pact With Trump

The Japanese steelmaker agreed to pay $14.1 billion to buy the Pittsburgh company in 2023.

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Australia's Securities Regulator Launches Inquiry Into ASX

The regulator has launched an inquiry after what it called repeated and serious failures that raise doubts over ASX's ability to maintain critical trading infrastructure.

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How Elon Musk Is Reinventing Tesla's Strategy

The CEO's embrace of nascent AI technology is a shift from the company's early days when it used off-the-shelf technology for electric cars.

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Anne Wojcicki Wins Bidding for 23andMe

Regeneron is backing away from buying the DNA-testing company after a nonprofit controlled by co-founder Wojcicki made a higher bid.

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KKR Making Competing Bid for Equipment Maker Spectris

The private-equity firm plans to bid against rival Advent International, which submitted a roughly $5 billion proposal.

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The Score: J.M. Smucker, Warner Bros. Discovery, Boeing and More Stocks That Defined the Week

Here are some of the major companies whose stocks moved on the week's news

 

(END) Dow Jones Newswires

June 16, 2025 03:00 ET (07:00 GMT)

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