Dow Jones Top Company Headlines at 11 am ET: Amazon to Hire More than 300,000 U.S. Workers for Holiday Season | Kroger ...

Dow Jones10-20 23:00

Amazon to Hire More Than 300,000 U.S. Workers for Holiday Season

The company said it is seeking people for seasonal, part-time and full-time roles at its core operations nationwide.

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Kroger Targets Earnings Growth, Operations Overhaul in New Three-Year Plan

Grocer said it plans to turn its attention to core strengths as part of a self-funded plan to simplify and modernize the business.

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Webull to Offer Perpetual Futures Starting Next Month

Webull is preparing to roll out perpetual futures contracts, a derivative contract new to regulated U.S. markets that never expires, on its online investment platform next month.

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Google Says Services Are Recovering After U.K. Cloud Outage Hits Businesses

Alphabet's Google said services were recovering after a cloud outage on Tuesday disrupted online services for several U.K. banks and other businesses.

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Salesforce to Buy Customer-Engagement Platform for Nearly $5.7 Billion

Salesforce signed a deal to buy Braze for about $5.66 billion including debt, adding a customer-engagement platform to its portfolio.

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General Motors Stock Slides as Iran Conflict Drives Up Costs

The automaker said commodity and logistics expenses outweighed higher third-quarter profit and revenue, and approved a $20 billion multiyear buyback plan.

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GE Aerospace Continues to See High Demand Despite Supply-Chain Delays

The jet engine maker raised its outlook for the year after third-quarter orders climbed 49%, even as supply-chain snarls continue to result in slower production and delivery delays.

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Bob Chapek Is Getting $100,000 a Month as Activist's Nominee for Vail Board

Oasis Management is paying the consulting fee to the former Disney CEO, one of the activist investor's four nominees to the ski company's board of directors.

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RTX Lifts Forecast for Third Time This Year on Aerospace, Defense Demand

RTX said over $81 billion in new commercial and defense awards during the latest third quarter pushed the defense contractor's total backlog to a record $340 billion.

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3M Lifts Earnings Outlook as Profit Jumps

In the third quarter, 3M reported a profit of $1.37 billion, or $2.63 a share, compared with $834 million, or $1.55 a share, a year earlier.

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Elice Slides in Korea Debut Amid Caution Toward AI Stocks

South Korean data-center startup Elice's shares fell as much as 36% in afternoon trading, signaling investor caution toward artificial-intelligence stocks.

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Hasbro Lifts Outlook as Revenue Jumps

Hasbro posted a third-quarter profit of $394.5 million, or $2.77 a share, compared with $233.2 million, or $1.64 a share, a year ago.

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Halliburton Logs Sharply Higher Profit as Revenue Climbs

The Houston oil-services company posted a third-quarter profit of $417 million, or 50 cents a share, compared with $18 million, or 2 cents a share, a year ago.

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Amazon Pledges More Than $17 Billion to Expand German Operations

The company plans to invest AI infrastructure, high-speed satellite internet, logistics projects and new Prime Video content, the latest big-ticket investment from a U.S. tech company keen to expand overseas.

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Northrop Grumman Raises Outlook on Higher Earnings, Sales

Northrop said the quarter reflected strong demand for its global capabilities as the company had gains across all its units: aeronautics sales rose 14%, while defense sales increased 12% and its mission and space sales inched up 2% each.

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Real-Estate Giant CBRE Gets Deeper Into Data Centers With $1 Billion Deal

The acquisition expands CBRE's business of delivering the guts of data centers, reflecting real estate's growing reliance on the tech cycle.

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Prudential Financial Sells Prudential of Brazil, Prudential of Mexico for $4 Billion

The investment manager and financial services provider said it has entered a definitive agreement to sell Prudential of Brazil and Prudential of Mexico to CNP Assurances in a cash deal.

 

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