Dow Jones Top Company Headlines at 3 AM ET: Intesa Plans to Cut 6,100 Jobs by 2029 in Savings Push | Julius ...

MorningStar
2026.02.02 08:23
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Intesa plans to cut 6,100 jobs by 2029 to balance growth and shareholder returns. Julius Baer reports a profit drop due to write-downs and subsidiary sales. Luxury brands struggle in China despite a strong stock market. Oracle aims to raise $50 billion, while BlueScope Steel is open to better takeover offers. A KKR-led group is set to acquire a data center firm for over $10 billion. Disney's earnings focus on streaming growth, and a labor shortage hampers high-speed internet expansion.