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Dow Jones Top Company Headlines at 7 AM ET: Renault to Book $11 Billion Hit on Nissan Stake | Amazon ...

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Renault to Book $11 Billion Hit on Nissan Stake

The French carmaker said it would take the charge after changing the way it accounts for its shares in the Japanese carmaker.

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Amazon Is on the Cusp of Using More Robots Than Humans in Its Warehouses

The number of robots in Amazon facilities just surpassed one million, the most the e-commerce giant has ever had.

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The Battle to Keep Consumers Means Smaller Packs of Cookies and Chips

PepsiCo, Campbell's and others are shrinking packages with lower-price options to spur sales.

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Boeing CFO Exit Is Latest Change in Chief Executive Kelly Ortberg's C-Suite

Jet maker names Jesus 'Jay' Malave as next finance chief and says his predecessor will be a senior adviser to CEO Kelly Ortberg.

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From Gearhead to Gucci: Veteran Car CEO Gets Mission to Revive Luxury Giant

Renault boss Luca de Meo is preparing for an unconventional move to Kering, whose other brands include Saint Laurent and Balenciaga.

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Goldman's stock surges to another record, as the 'big winner' of Fed's stress tests

Bank stocks have outperformed the broad market with Goldman Sachs up 23% and JPMorgan Chase up 22% in the first half of 2025.

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Sainsbury's Backs Guidance After Sales Rise

The company posted an increase in sales for its first quarter driven by better grocery performance.

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Nonalcoholic Drinks Are Popular. That Could Hurt Constellation Brands.

The beer, wine, and spirit seller is set to report earnings on Tuesday after the market closes.

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Love Island Is a Smash Hit for Peacock. What It Means for Streaming.

The dating show offers a new way to think about streaming. An app tied to the summer hit is currently the second most downloaded in the Apple App Store.

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Trump, Paramount Engaged in Advanced Settlement Negotiations for CBS Lawsuit

The lawsuit alleged that Paramount's CBS edited its interview with the former vice president to make her sound better.

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Mark Zuckerberg Announces New Meta 'Superintelligence Labs' Unit

Alexandr Wang will be the chief AI officer, and Nat Friedman will lead the company's work on AI products.

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Ad Agencies' Low Growth Will Drag On as They Adjust to Era of AI, Barclays Says

The firm downgraded three advertising giants after recent meetings, while other analysts said artificial intelligence could increase demand for ad services eventually.

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CC Capital Still Working on Bid for Australia's Insignia

Australian wealth manager Insignia Financial said CC Capital Partners is still working up a binding offer, almost four months after it first opened its books to the private-equity firm.