Dow Jones Top Company Headlines at 7 AM ET: Widespread Internet Outage Hits Sites Using Amazon Web Services | Smucker ...

Widespread Internet Outage Hits Sites Using Amazon Web Services

Services disrupted included major retailers, airlines, social-media apps, financial-services companies and more. Amazon said its systems were recovering.

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Smucker vs. Trader Joe's, Lululemon vs. Costco: Fight Over Brands Goes to Court

Frozen PB&J products square off, the latest in a long-running battle between big-name brands and retailers' private-label products.

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Kering to Sell Creed, License Fragrance Brands to L'Oreal in $4.7 Billion Deal

The deal marks an early move by Kering's new chief, Luca de Meo, to revive the French luxury giant's fortunes.

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Thyssenkrupp Naval-Defense Spinoff Shares Jump in Market Debut

TKMS shares started trading at 60 euros apiece, giving the business a market capitalization of $4.44 billion, but shot above that level, rising as high as 99.99 euros.

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Getty Images Merger With Shutterstock Raises U.K. Competition Issues, Regulator Says

The image companies agreed in January to merge, creating a group valued at about $3.7 billion including debt.

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Elon Musk Pay Drama Heats Up Ahead of Tesla Earnings

ISS, the proxy advisor, recommends shareholders vote no on a proposed massive pay package for Musk. Investors aren't likely to listen.

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Activist Jana Takes Stake in Cooper, a Maker of Medical Devices

Bausch + Lomb is seen as a potential buyer for the contact-lens unit and the CEO said he would be interested.

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First Ford, Now Jeep. Automakers Are Hit by Lack of Parts

Rare-earths minerals, aluminum fire, semiconductor stoppage have hit carmakers simultaneously.

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Luxury Brands' Stiffest Competition Is the Stuff They Have Already Sold

Sales of secondhand luxury goods are growing faster than in brands' own stores.

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FAA Lets Boeing Increase Production Cap on 737 MAX by 10%

The company can now increase production to 42 planes a month from 38, the limit put in place after a fuselage panel blew off a jet midair in January 2024.

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FDA Approves Novo Nordisk's Rybelsus Diabetes Pill to Reduce Heart Risk

The drug, called Rybelsus, is the only oral GLP-1 medication available. It was previously approved to treat Type 2 diabetes but under the new approval, Novo Nordisk can now market the drug's benefits of reducing cardiovascular events.

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Jefferies Shares Pare Losses After CEO Says First Brands Defrauded Bank

Rich Handler doesn't see the collapse of the auto-parts supplier as sign of broader credit issues.

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Citgo Bidder, Auction Overseer Clash Over Fees in Disqualification Request

Gold Reserve says fees paid to advisers of the special master present a conflict of interest, while the overseer says the fees were unrelated to the Citgo sale.

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Goldman Sachs Pursues Bigger Share of AI Infrastructure Financing Boom

A new team will focus on deals to finance data centers and other artificial-intelligence projects.

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American Express Third-Quarter Sales Rise as Cardholders Regain Spending Confidence

Revenue climbed 11% to $18.43 billion in the quarter as consumers spent more on retail, restaurants and airlines, said the company.

(END) Dow Jones Newswires

October 20, 2025 07:15 ET (11:15 GMT)