News Highlights: Top Company News of the Day - Monday at 1 PM ET

Dow Jones
03-04
 
Kroger CEO Resigns After Investigation Into Personal Conduct 
 

The supermarket chain said Rodney McMullen's conduct wasn't related to its financial performance or operations but it was inconsistent with its ethics policy.

 
Trump, TSMC Expected to Announce $100 Billion Investment in U.S. 
 

The announcement is the latest effort by President Trump to persuade companies to make big investments in the U.S.

 
On Another Tariff Eve, Here Is the Impact to U.S. Autos 
 

After a month's reprieve, the U.S. autos industry is again staring down 25% tariffs on imports from Mexico and Canada.

 
Chinese Buyers Are Ordering Nvidia's Newest AI Chips, Defying U.S. Curbs 
 

Traders offered servers containing the company's Blackwell chips by routing them through third parties in nearby regions.

 
Microchip Technology Slashes More Jobs as Sales Sputter 
 

Microchip Technology is reducing its workforce across manufacturing and corporate operations by about 2,000 as the embattled chip maker looks to cut costs amid declining sales.

 
Howard Hughes Committee Dismisses Latest Pershing Square Offer 
 

The real estate company entered a standstill agreement with Bill Ackman's investment fund to allow more time to explore potential alternatives to Pershing Square's offer.

 
'Shocked' reaction to White House Zelensky meeting sends European defense stocks soaring 
 

JPMorgan lifts price targets of European defense companies by an average of 25% after furious reaction in European capitals to Trump-Zelensky meeting.

 
Intel's stock is rising - and this time it's not because of sale rumors 
 

Nvidia and Broadcom reportedly are testing Intel's manufacturing technology. That's a potentially encouraging signal for the business.

 
Google's New Tech Means Video Calls May Not Be the Death of Us After All 
 

Google and HP are betting that Project Starline will usher in a new era of 3-D communications that doesn't require a headset or glasses.

 
MLB Plots a New TV Model After Striking Out With ESPN 
 

The big sports network is walking away from the national pastime, accelerating baseball's need to cope with the demise of the TV economy that fueled its growth for decades.

 
 

(END) Dow Jones Newswires

March 03, 2025 13:00 ET (18:00 GMT)

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