Dow Jones Top Company Headlines at 11 AM ET: Unilever to Combine Foods Business With McCormick | Nvidia ...

Dow Jones03-31 23:00

Unilever to Combine Foods Business With McCormick

Under the terms of the deal, Unilever and its shareholders are expected to own about 65% of the new, combined foods business.

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Nvidia Invests $2 Billion in Marvell as Part of Chip Partnership

Nvidia invested $2 billion in semiconductor company Marvell Technology as part of a new partnership focused on specialized AI chips.

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Biogen to Acquire Apellis Pharmaceuticals for $5.6 Billion

The deal will expand Biogen's portfolio in immunology and rare-disease medicines.

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Eli Lilly to Buy Centessa Pharmaceuticals for Initial $6.3 Billion

Eli Lilly has agreed to buy clinical-stage company Centessa Pharmaceuticals for an initial payment of about $6.3 billion in a deal that expands the drugmaker's neuroscience portfolio and capabilities into sleep medicine.

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Hershey's Growth Strategy Leans Into Salty, Better-for-You Snacks

Hershey has a plan to expand beyond its core chocolate business and drive long-term growth, emphasizing investments in high-growth snacking categories and supply-chain modernization.

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Delta to Tap Amazon Satellite-Internet Service for In-Flight Wi-Fi

Amazon's Leo service will start connecting a portion of Delta's fleet in 2028; Elon Musk's Starlink has become a dominant satellite connectivity provider to airlines.

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Jamie Dimon Has a Plan for JPMorgan to Rescue the American Dream

JPMorgan announces "American Dream Initiative" meant to boost economic growth, small businesses and homeownership.

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AstraZeneca Confident Rare-Disease Drug Can Hit Target

The company said the results support the drug's potential to transform the treatment of hypophosphatasia and it plans to submit data to regulators as soon as possible.

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DoorDash Invests in Also as Part of $200 Million Funding Round

The investment is part of a partnership between Also and DoorDash that includes a multiyear commercial agreement to develop and accelerate autonomous delivery at scale.

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Novo Nordisk Launches Discounted Subscription Program for Wegovy

The Danish drugmaker said the new plans will allow patients to save up to $600 a year on the pill and up to $1,200 a year on the injection.

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U.K. Hones in on Microsoft's Business Software Ecosystem In Cloud Probe

The news comes as Microsoft and AWS have both offered commitments to the regulator linked to how they handle data transfer fees and interoperability as part of a broader probe.

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Huawei Profit Rises on Auto Business Expansion

Net profit rose 8.7% in 2025 from a year earlier. The fastest growth came in what Huawei calls its intelligent automotive solution business.

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Volvo Car Increases Stake in Polestar Through Debt Conversion

As part of the deal Volvo will lift its stake in the company to 19.9% from 9.8%.

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Rheinmetall and Boeing Australia to Supply Combat Aircraft to German Military

Arms maker Rheinmetall said it struck a deal with Boeing's Australian business to offer autonomous combat aircraft for the German armed forces.

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Raspberry Pi Rises on Revenue Increase, Positive Outlook

Shares jumped after the company reported revenue rose 25% in 2025 as demand strengthened through the year in the U.S. and China.

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SpaceX's IPO Filing Could Be Confidential. What That Means-and Why It Matters.

SpaceX's expected IPO could rely on a confidential filing process created for smaller companies, giving Elon Musk's firm more flexibility as it prepares what could be a record-breaking offering.

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J.Jill Expects Comparable Sales to Decline in 2026

J.Jill swung to a fourth-quarter loss and issued fiscal 2026 guidance expecting comparable sales to decline for the year.

 

(END) Dow Jones Newswires

March 31, 2026 11:00 ET (15:00 GMT)

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