Dow Jones Top Company Headlines at 3 PM ET: Meta and YouTube Lose Landmark Social-Media Addiction Trial | KKR ...

Dow Jones
3 hours ago

Meta and YouTube Lose Landmark Social-Media Addiction Trial

Jurors found the companies were negligent, and the design of their apps caused harm to children.

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KKR Strikes Deal for Nothing Bundt Cakes

The private-equity giant is buying the U.S. bakery chain from Dunkin' Owner Roark Capital.

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Chemicals Giant BASF Hikes Prices Again as Mideast War Drives Up Costs

Following last week's hikes, the German group is raising prices for more of its products due to soaring raw-materials costs stemming from the U.S. and Israel's war with Iran.

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Celsius Stock Jolted After Costco Offers Energy-Drink Brand for Less

Costco recently introduced energy drinks under Kirkland Signature, its private-label brand that has gained a devoted following among its membership for selling everything from toilet paper to vodka at lower prices than those of some national brands.

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Merck Reaches Nearly $6 Billion Deal for Cancer Biotech Terns

The drugmaker has been seeking to bolster its pipeline as its top-selling drug, Keytruda, is set to lose patent protection.

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Lockheed, Honeywell Sign Framework Deals to Accelerate Missile, Defense Tech Output

Lockheed Martin and Honeywell Aerospace have signed new framework agreements with the U.S. government to accelerate the production of critical defense technologies.

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Chewy Forecasts Another Year of Sales Growth, Margin Expansion

Chewy said it expects sales to grow again this year after the pet-supplies retailer ended 2025 on solid footing with higher profit and sales in its fiscal fourth quarter.

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Sony and Honda Hit the Brakes on a $102,900 EV

The car, known as the Afeela 1, was also a challenge to America's traditional car dealers.

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Cintas Profit Rises Ahead of UniFirst Merger

Cintas reported higher third-quarter profit and raised its fiscal-year guidance as it prepares to integrate competitor UniFirst in an acquisition it had agreed to earlier this month.

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Boralex Agrees to $2.76 Billion Takeover by Brookfield and Caisse de Depot

Brookfield Asset Management and Caisse de Depot et Placement du Quebec are teaming up to buy Boralex in a deal worth about 3.8 billion Canadian dollars, the equivalent of US$2.76 billion, that aims to accelerate the Canadian renewable energy company's growth as a private company.

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Meta Targets $9 Trillion Valuation With New Executive Incentive Program

New stock option program could pay some executives hundreds of millions of dollars if they reach aggressive growth targets.

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Winnebago Revenue Rises as Price Hikes Counteract Lower Sales Volume

Winnebago reported higher second-quarter revenue as price hikes helped to offset lower sales volume.

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Sandisk Investing $1 Billion in Nanya Technology

Sandisk is investing $1 billion in Nanya Technology in connection with a multi-year supply arrangement with the Taiwan chip maker.

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SLB, Nvidia Expand Collaboration on AI Use in Energy Industry

SLB and Nvidia have expanded the two companies' collaboration aiming to design and deploy AI infrastructure and models for the energy industry.

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Beretta Seeks Larger Stake in Sturm Ruger Amid Dispute

Beretta Holding has made an offer to increase its stake in Sturm, Ruger & Company, the latest move in an escalating dispute between the two firearms makers.

 

(END) Dow Jones Newswires

March 25, 2026 15:00 ET (19:00 GMT)

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