Disney to Centralize Streaming Offerings Within Disney+ 
 

The entertainment company plans to add more live ESPN shows to its main streaming service, saying customers want simplicity.

 
Novo Nordisk Outlook Provides Some Welcome Relief 
 

The company's shares rose as investors breathed a sigh of relief on strong sales growth and guidance, despite ongoing capacity constraints and fears over the U.S. demand outlook for Wegovy.

 
Uber's stock falls in the face of its 'strongest quarter ever.' Here's why. 
 

The ride-hailing company faces stiff pressure from the strong U.S. dollar, which is weighing on its forecast for the current quarter.

 
Tempur Sealy to Become Somnigroup After Mattress Firm Deal Closes 
 

The world's largest mattress supplier and manufacturer said its Mattress Firm, Dreams and Tempur Sealy businesses will operate as decentralized units under the Somnigroup umbrella after the name change, which takes effect on Feb. 18.

 
Starboard Launches Proxy Fight at Kenvue 
 

Activist investment firm Starboard Value has launched a proxy battle with pharmacy supplier Kenvue, running a slate of four board nominees including Starboard head Jeff Smith.

 
Ford Names Electric Vehicle Exec as Next Strategy Chief 
 

Ford Motor named Marin Gjaja as chief strategy officer, part of a broader leadership change.

 
Merck Is Suffering From a Classic Pharma Problem 
 

Blockbuster Keytruda makes up nearly half of Merck's sales. That's becoming an issue.

 
Harley-Davidson's stock slips after Q4 loss amid 'cyclical headwinds for discretionary products' 
 

The high-interest rate environment has impacted consumer confidence, according to Harley-Davidson CEO Jochen Zeitz

 
EU Watchdog Probes AMD's $5 Billion ZT Systems Acquisition 
 

Advanced Micro Devices agreed to buy the designer of data-center equipment last year to challenge Nvidia's dominance in AI.

 
Workday Will Slash 8.5% of Workforce. The Stock Is Rising. 
 

The software company said it plans to slash 1,750 jobs in an effort to advance its focus on durable growth.

(END) Dow Jones Newswires

February 05, 2025 13:00 ET (18:00 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.