Dow Jones Top Company Headlines at 9 AM ET: General Mills Says Turnaround Is Progressing, Despite Lower Sales | Rithm ...

Dow Jones
Sep 17

General Mills Says Turnaround Is Progressing, Despite Lower Sales

General Mills' sales fell in its fiscal first quarter, though the company said its push to return to volume-driven organic growth through investments in price, advertising and new products is beginning to bear fruit.

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Rithm Capital to Acquire Paramount Group for $1.6 Billion

Rithm Capital agreed to acquire Paramount Group, a real estate investment trust with properties in New York City and San Francisco, for $1.6 billion.

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Ben & Jerry's Co-Founder Quits After 47 Years, Cites Loss of Independence Under Unilever

Jerry Greenfield said he was leaving the ice-cream brand because it was no longer allowed to stand behind social justice issues that were core to its business.

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Battery-Part Maker Entek to Sell Majority Stake to Investment Firm

Entek has been awarded a $1.3 billion loan from the U.S. Department of Energy to build an Indiana facility.

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Amazon Aims to Grow Ad Sales Further by Automating Creation

The biggest names in tech are racing to make advertising easier, especially for small businesses and consumer goods companies.

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Nokia Reorganizes to Sharpen Focus on AI, Business Strategy

The moves will strengthen the company's capabilities in security and AI, Chief Executive Justin Hotard said.

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Oracle's Expensive AI Makeover Is Worth It

The highly profitable software giant is expected to burn cash for the next three years, but its odds of success are good.

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Airlines Band Together to Create Bill Gates-Backed Sustainable Aviation Fuel Fund

Alaska and American Airlines are cornerstone investors in a $150 million fund managed by Breakthrough Energy Ventures

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BHP to Shutter Coal Mine, Cut 750 Jobs

The world's largest miner by market value will shutter one of the coal mines it runs in Australia with Mitsubishi Corp., in response to soft coal prices and high royalties.

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Drugmakers Have Pledged to Invest $350 Billion in U.S. After Tariff Threat

GSK and Eli Lilly are the latest to unveil plans to add to manufacturing and increase other operations in America.

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U.S. Tech Giants Pledge Over $40 Billion in U.K. Investments Ahead of Trump Visit

Firms including Microsoft, Alphabet and Nvidia said they will help expand the country's artificial-intelligence infrastructure over the next few years.

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Rivian Is Building a Georgia Factory in the Face of an EV Slump

The plant, scheduled to open in 2028, would support the company's R2 sport-utility vehicle and smaller R3 crossover model.

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StubHub's stock starts trading Wednesday. The IPO is a bet on the polarizing practice of ticket resale.

StubHub has faced criticism over the high price of secondary-market tickets, but the soon-to-be-public company says it serves a necessary function in the market.

 

(END) Dow Jones Newswires

September 17, 2025 09:00 ET (13:00 GMT)

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