Dow Jones Top Company Headlines at 11 AM ET: Hershey Names Wendy's Executive as CEO | Honeywell ...

Dow Jones
Jul 08, 2025

Hershey Names Wendy's Executive as CEO

Kirk Tanner is stepping down as chief executive of Wendy's to assume the top role at the chocolate company next month.

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Honeywell International Aims to Streamline Ahead of Breakup

Honeywell International has started evaluating strategic alternatives for two of its business units, a move the industrial conglomerate said would streamline its business and create value ahead of its split into three companies.

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Meta Hires Top Apple AI Expert, Continuing Zuckerberg's Recruitment Push

Mark Zuckerberg wooed another elite researcher with a pay package in the tens of millions.

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Daimler Truck Expects Significant Job Cuts in Germany

The cuts are part of a cost-saving plan to shift production of Mercedes-Benz trucks out of Europe's largest economy.

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Amazon Turns Prime Day Into Prime Week

The retailer is doubling the length of this year's promotion, aiming to lure in more shoppers and nab new Prime members.

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Exxon just warned Wall Street of billion-dollar profit hits. Here's what may cause it.

Exxon flags potential hit in profit just as OPEC and allies announce larger production increases.

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WeightWatchers emerges from bankruptcy, and it's now taking aim at menopause

WeightWatchers' stock was surging after the company emerged from bankruptcy two months after it was announced.

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SunRun, Enphase Stocks Tumble as Trump Adds to Gloom in Solar Sector

The president directed the Treasury and Interior department to enforce the termination of wind and solar tax credits.

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TopBuild to Buy Progressive Roofing From Bow River Capital for $810 Million

TopBuild has struck a deal to buy commercial-roofing services provider Progressive Roofing from alternative asset manager Bow River Capital for $810 million in cash.

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Samsung Flags Operating Profit Plunge

The technology giant has been struggling to catch up with smaller chip-making rivals that have benefited from brisk shipments of higher-end AI chips.

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Trump's Megabill Gives Chinese EV Makers a Leg Up, Says Head of Auto Group

The bill, which will end subsidies for electric vehicles, favors gasoline-powered cars, said the head of the Chinese group.

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MicroStrategy didn't buy more bitcoin - for the first time in three months

MicroStrategy made news by not buying bitcoin in the latest week, marking its first pause in three months.

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Tariffs Push Gift-Wrap Maker DGA to Bankruptcy

The bankruptcy of its major customer, fabrics and crafts supplier Joann, helped push the company over the edge.

 

(END) Dow Jones Newswires

July 08, 2025 11:00 ET (15:00 GMT)

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