Dow Jones Top Company Headlines at 5 PM ET: Apple Hardware Executive John Ternus to Become CEO | Bipartisan ...

Apple Hardware Executive John Ternus will succeed Tim Cook as CEO. Bipartisan senators have warned United and American Airlines regarding a potential merger. Honeywell is selling its productivity unit for $1.4 billion to Brady Corp. USA Rare Earth is acquiring Serra Verde for $2.8 billion to enhance its supply chain. Red Lobster is reintroducing its Endless Shrimp promotion post-bankruptcy. Blue Owl is buying Sila Realty for $2.4 billion. Eli Lilly has a $3.25 billion deal for Kelonia Therapeutics. AST SpaceMobile's stock fell after a satellite launch failure. Cleveland-Cliffs reported earnings boosted by trade enforcement but stock remains down. Novo Nordisk plans to apply for approval of a sickle cell pill. Big Oil is investing in Africa and South America amid Iran turmoil. Jersey Mike's Subs has filed for an IPO. UniCredit is pushing for a revamp at Commerzbank. McKesson is selling a stake in its medical-surgical unit to Apollo. Marc Benioff defends Salesforce against critics. QXO is acquiring TopBuild for $17 billion.