Dow Jones Top Company Headlines at 9 am ET: Volkswagen Deepens Cost-cutting Overhaul | BHP ...

Dow Jones06-26 21:00

Volkswagen Deepens Cost-Cutting Overhaul

The company has been working on plans for a major overhaul for months, but declined to comment on a report from Germany's Manager Magazin that it could cut up to 100,000 jobs.

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BHP Splits Americas Role in Executive Reshuffle

Incoming BHP Group Chief Executive Brandon Craig said splitting North and South America under two separate leaders will allow a greater focus on each region.

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Europe Regulator Calls for Amgen's Tavneos to Have Authorization Revoked

The committee is recommending that no new patients start treatment with Tavneos and that existing patients be switched to suitable alternatives.

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The Options Trader Who Emerged as a Surprise Front-Runner to Succeed Jamie Dimon

Troy Rohrbaugh is seen as the leading contender in a race with Doug Petno to run JPMorgan.

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Sanofi Probed by EU Over Flu Vaccine Marketing

The commission said it was concerned the company's campaign to promote its Efluelda flu vaccine might amount to anticompetitive disparagement, portraying a rival shot as inferior to its own.

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Zalando Slumps After Regulator Opens Probe Into Accounts

Shares fell-wiping out most of the stock's gains this year-after Germany's financial regulator launched an audit of the company's financial statements

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DeepSeek Looks to Double Workforce as Fresh Funding Fuels Growth

The Hangzhou-based company said it is hiring for 27 type of technical roles, including development engineers and AI product managers, with all positions open to interns.

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Wise Shares Top Stoxx 600 Index Risers on Profit Beat, Fresh Buyback Plan

The payment processor reported a market-beating profit and outlined a $500 million buyback program.

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InSilico Is on a Mission: Be No. 1 in China, Create 'God Drug' With AI

The pharma company, the first to use generative AI to develop a drug that reached clinical trials, is betting longevity treatments will fuel its next phase of growth.

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SpaceX FOMO is officially over. Space stocks across the board are getting punished.

Investors seem to be having second thoughts about the lofty valuations in the sector, an analyst said.

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ON Semiconductor to Buy Synaptics in All-Stock Deal With $7 Billion Enterprise Value

ON Semiconductor said Synaptics's AI compute platform, human-machine interface technology, and connectivity solutions would help it meet demand for increasingly capable AI solutions that can interact with the physical world.

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Reformation Files for Initial Public Offering

The company, owned by private-equity firm Permira, did not specify how many shares it would sell, or at what price.

 

(END) Dow Jones Newswires

June 26, 2026 09:00 ET (13:00 GMT)

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