Dow Jones Top Company Headlines at 9 AM ET: CVC to Buy IFF's Food-Ingredients Unit in $4.3 Billion Deal | UnitedHealth ...

Dow Jones05-29 21:00

CVC to Buy IFF's Food-Ingredients Unit in $4.3 Billion Deal

The sale of IFF's largest division is the company's latest move to boost profitability.

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UnitedHealth to Reduce Pediatric Prior Authorizations

UnitedHealth Group plans to stop requiring doctors to get approvals for an array of pediatric procedures, tests and services, further cutting back on a process that has long been detested by physicians and patients.

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Replimune Gets Third Try at FDA Approval After Makary Departure

Experimental melanoma drug was rejected twice because the Food and Drug Administration questioned its study design.

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BYD Unveils Chip for Autonomous-Driving Technology

The Chinese automaker unveiled an autonomous-driving chip, as the company known for its wide range of competitively priced electric vehicles seeks a new growth driver in technology.

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AI Has Made Memory Chips More Valuable Than Oil

Micron, Samsung and SK Hynix are cheap despite their $1 trillion valuations if long-term contracts stabilize the sector.

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Big Banks Are Raking In Profits as Market Turbulence Shows No Signs of Easing

JPMorgan Chase Chief Executive Jamie Dimon says his bank's trading business could outperform expectations this quarter.

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Dell Stock Soars on Data-Center Revenue and Pentagon Deal

Shares in the computer hardware maker are up 150% since President Trump's accounts purchased more than $1 million worth.

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Bezos' Blue Origin Loses Rocket in Explosion on Launchpad

The space company says all personnel are accounted for and safe. The New Glenn rocket was being prepared for a coming mission.

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Micron Faces New Threat From Samsung's Memory Chip for AI

Micron stock has been on a stellar run but it still faces fierce competition from Samsung and SK Hynix.

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With Caesars Deal, Tilman Fertitta Doubles Down on Vegas Comeback

The owner of the Houston Rockets is betting on the future of the Las Vegas Strip with the deal to buy Caesars Entertainment, while casinos are struggling to attract visitors and compete against online options.

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Costco Sales Rise as Value Offerings Draw Pressured Consumers

Costco Wholesale reported higher third-quarter sales as the retailer continues to draw inflation-weary consumers, including to its fuel pumps.

 

(END) Dow Jones Newswires

May 29, 2026 09:00 ET (13:00 GMT)

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