Dow Jones Top Company Headlines at 3 AM ET: Nestle Fires CEO Following Probe of Romantic Relationship With Subordinate | Amazon …

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Nestle Fires CEO Following Probe of Romantic Relationship With Subordinate

Laurent Freixe is out after just a year in the top job at the food giant, which is trying to sell a number of underperforming businesses.

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Amazon to Invest $4.4 Billion in New Zealand Data Centers

The U.S. tech company said the investment would support over 1,000 full-time jobs.

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American-Made Businesses Are Clamoring to Get on This Tariff List

The Commerce Department added tariffs on more than 400 products, from flatware and kettlebells to bulldozers and robots.

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Companies Reap Cash Savings From Trump’s New Tax Law

Benefits ripple through the oil, technology and telecommunications industries.

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Aldi Wants to Conquer the American Grocery Store Landscape

The German chain plans to add more than 200 stores on a net basis in the U.S. this year.

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EV Deals Are Booming Ahead of Tax-Credit Expiration

Electric-car hot spots like Colorado have seen an explosion of sales in unexpected models.

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U.K. Secures $13.5 Billion Deal to Supply Warships to Norway

The deal would strengthen both Norway’s and NATO’s ability to patrol and protect the maritime areas in the region, Norway’s PM Jonas Gahr Store said.

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Novo Nordisk Says Wegovy Cuts Heart Risk by 57% Compared With Eli Lilly’s Obesity Drug

The study used evidence gathered from patient experiences rather than a controlled trial, Novo said.

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The Podcast Gold Rush: Media Companies Race to License Star Creators

With AI upending how people consume information, news outlets are willing to pay top dollar for unique voices.

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Taylor Swift and Tariffs Can Both Help Sell Diamonds

Two big developments could help bring back the allure of natural diamonds.

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The Ice Cream That Beat Costco’s Hot Dog as the Best Money Loser in Business

China’s Mixue Ice Cream & Tea has perfected the modern science of making money by losing money.

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How Hedge Funds Won Big on an Obscure Drugmaker

Results of a Paris company’s late-stage drug trial helped turn things around for healthcare-focused funds, which struggled in the first half of the year.

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CapVest’s Stada Deal Values Company at Around €10 Billion

CapVest’s deal to acquire a majority stake in the pharmaceutical company from Bain Capital and Cinven is expected to close early next year.

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Intel’s CHIPS Act Requirements Waived After U.S. Government Takes Stake

The company no longer needs to meet certain project milestones or adhere to some workforce policies, among other conditions.

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Spirit Airlines Files for Second Bankruptcy in a Year

The troubled budget carrier plans to enter chapter 11 for the second time after a previous reorganization failed to fix problems.


(END) Dow Jones Newswires

September 02, 2025 03:15 ET (07:15 GMT)

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