News Highlights: Top Company News of the Day - Thursday at 5 AM ET

Remy Cointreau Expects Sales Slump as China, U.S. Challenges Persist

Remy Cointreau said it would continue to reduce costs after it reported lower profit for its fiscal first half, at a time challenges mount for European distillers in two of their major markets, the U.S. and China.

Direct Line Rejects Aviva Offer

Direct Line described Aviva's $4.2 billion takeover approach as highly opportunistic and said it substantially undervalued the company.

Vivendi Shareholder Seeks to Delay Vote on Split Plan

Vivendi said minority-shareholder CIAM filed an interim injuction with a Paris court seeking to postpone a shareholders' meeting scheduled for next month to vote on the proposed break-up of the media group.

Grifols to Outline Standalone Strategy After Brookfield Drops Bid

Grifols said it plans to outline its strategy as a standalone company after Brookfield Asset Management dropped out of talks for a $6.82billion takeover bid.

Yomiuri Newspaper to Introduce New Stock Index as Alternative to Nikkei and Topix

Japan's largest newspaper by print circulation plans to introduce a new stock index next March that it sees as an alternative to the widely followed Nikkei 225 index and Japan Exchange Group's Topix index.

FTC's latest case against Microsoft represents Lina Khan's last swing against Big Tech

The move by Khan, who has less than two months remaining in office before the Trump administration takes over, is one last attempt to rein in Big Tech.

Unusual Machines CEO: Donald Trump Jr. Advisory Role Isn't About Political Connections

Unusual Machines shares surged on the announcement of Trump Jr. as an advisor of the company.

Pony AI's Nasdaq debut signals possible thaw in U.S. stock-market listings by Chinese companies

Chinese companies had been avoiding stateside IPOs due to geopolitical tensions, but now they have fresh reason to consider U.S. markets.

Carl Icahn Is Buying Up Stock in This Fertilizer Producer. It's All About Trump 2.0.

Carl Icahn is adding to a position in fertilizer producer CVR Partners. Falling costs would be one good reason to do that.

PC Are Still Struggling. Why AI Hasn't Been Enough.

The PC rebound has yet to materialize, despite big hopes from AI features and a post-Covid recovery.