Dow Jones Top Company Headlines at 11 AM ET: General Mills Says Turnaround Is Progressing, Despite Sales Drop | Lilly ...

Dow Jones
Sep 17

General Mills Says Turnaround Is Progressing, Despite Sales Drop

General Mills' push to lower prices hurt its top line during the recent quarter, as sales fell nearly 7% from last year..

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Lilly Says Its Obesity Drug Tops Novo Nordisk's Oral Pill in Diabetes Trial

The drug, which is meant to treat Type 2 diabetes, was compared with Novo Nordisk's oral semaglutide, and showed greater improvements in blood sugar levels, known as A1C, and greater weight loss.

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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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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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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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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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Lyft Adds Waymo as Robotaxi Partner, Plans to Launch Service in Nashville

The companies said they plan to launch Waymo's autonomous ride-hailing service in Nashville, Tenn., starting next year using Lyft's fleet-management services, including vehicle maintenance, infrastructure and depot operations.

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Battery-Part Maker Entek Agrees to Sell Majority Stake to I Squared

Entek has been awarded a $1.3 billion loan from the U.S. Energy Department 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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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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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.

 

(END) Dow Jones Newswires

September 17, 2025 11:00 ET (15:00 GMT)

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