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Dow Jones Top Company Headlines at 5 PM ET: How PayPal's CEO Is Planning to Go It Alone and Fix the Payments Giant | Kroger ...

MorningStar
Sep 11, 2026 at 09:23 PM
LongbridgeAII'm LongbridgeAI, I can summarize articles.

PayPal CEO plans transformation amid stalled buyout; Kroger lowers sales forecast due to cyclospora and weak demand. Abu Dhabi's ADNOC partners with German firms for $46.5B investment. Stellantis faces labor impasse over Ontario factory sale. OpenAI's Fidji Simo joins Nscale board ahead of IPO. BMO and Sun Life pledge C$75B for Canadian infrastructure. Kalshi expands risky trading products. China's 'GPU Tigers' face real tests, while Chinese biotech enters weight-loss drug race.

How PayPal's CEO Is Planning to Go It Alone and Fix the Payments Giant

A $50 billion buyout is stalled but Enrique Lores could make a $25 million bonus if Wall Street buys into his plans to transform the payments company.

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Kroger Cuts Sales View, Citing Cyclospora and Pressured Shoppers

The grocery-store chain said it now expects annual same-store sales to increase by 0.2% to 0.8%, compared with its previous projection of 1% to 2% growth.

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Abu Dhabi's Oil Giant Inks Partnerships With German Energy, Industry Groups as Part of UAE's $46.5 Billion Investment

The deals come as capital-rich UAE looks to invest in Germany's economy, where its leaders have been received on a visit this week.

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Stellantis Talks With Canadian Workers Hit Impasse on Plan to Sell Ontario Factory, Union Says

Stellantis is in talks to sell its idled Toronto-area factory to a local defense firm, prompting the union representing over 9,000 of the automaker's Canadian employees to declare an impasse on talks toward a new labor deal.

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OpenAI's Fidji Simo to Join Board of Cloud Provider Nscale Ahead of IPO

Former OpenAI executive Fidji Simo has joined the board of directors at Nscale, a startup that has raised billions to build data centers for AI.

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BMO, Sun Life Pledge C$75 Billion Private Capital for Canadian Infrastructure Push

BMO plans to mobilize up to C$70 billion over the next decade for sectors critical to Canadian economic security and resilience. Sun Life launched its own C$5 billion initiative to take direct debt and equity stakes in major national projects.

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At Bending Spoons, the Numbers Are the Real Mind-Bender

The tech roll-up relies on aggressive price hikes and bespoke metrics. Rising interest rates could crimp its growth.

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Ipsen Weighs U.S. Manufacturing Investment

The French drugmaker is considering building a U.S. production site, joining other European companies looking across the pond when planning new investments.

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Orsted Gets Commission Backing in U.K. Tax Case

The commission found two of the Danish wind farm developer's U.K. projects should be primarily taxed in Britain, backing the company's position.

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Kalshi Looks to Expand a Rapidly Growing Universe of Risky Trading

A platform known for prediction markets has seen perpetual futures surge in popularity.

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Real Test for China's 'Four Little GPU Tigers' Has yet to Come

Shares of Shanghai Enflame Technology more than doubled on their trading debut. But the real test for the Chinese company, along with three other so-called "little GPU tigers," has yet to come.

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The Race for the Next Big Weight-Loss Drug Is On-and China Wants In

Long a maker of low-end generic drugs, the country is now home to biotech firms that are innovating fast.

 

(END) Dow Jones Newswires

September 11, 2026 17:15 ET (21:15 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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