--- title: "Dow Jones Top Company Headlines at 3 AM ET: Volkswagen Seeks to Halve Model Lineup and Shrink Capacity to Cut Costs | easyJet ..." type: "News" locale: "en" url: "https://longbridge.com/en/news/292285862.md" description: "Volkswagen plans to halve its model lineup and cut capacity to reduce costs amid competition. easyJet agreed in principle to a $7.6 billion takeover by Apollo, withdrawing support for Castlelake. OpenAI's No. 2 executive Fidji Simo is stepping down. MiniMax shares dropped on a $2 billion fundraising plan. Xavier Niel will become Vodafone's largest shareholder with a $5.9 billion stake buy. Apollo bought a $3.4 billion stake in Bayer's contraceptives business. Boeing's smallest MAX jet nears FAA certification. Netflix explores live TV. Meta faces a $1 trillion lawsuit. Charter battles Dish's restructuring. FuboTV appointed Alisa Bowen as CEO." datetime: "2026-07-10T07:33:07.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292285862.md) - [en](https://longbridge.com/en/news/292285862.md) - [zh-HK](https://longbridge.com/zh-HK/news/292285862.md) generator: "portal-rs" --- # Dow Jones Top Company Headlines at 3 AM ET: Volkswagen Seeks to Halve Model Lineup and Shrink Capacity to Cut Costs | easyJet ... Volkswagen Seeks to Halve Model Lineup and Shrink Capacity to Cut Costs It said it will concentrate on the most attractive segments, and adjust production capacity to the current market reality, as it grapples with high costs and intensifying competition in and from China. ---- easyJet Agrees in Principle on $7.6 Billion Takeover Deal From Apollo The airline said it agreed in principle on a rival takeover deal with asset-management firm Apollo and was withdrawing its recommendation for the proposal by Castlelake. ---- OpenAI's No. 2 Executive to Step Down in Latest Leadership Shake-Up Fidji Simo won't return from medical leave, leaving a major role to fill as the AI giant prepares to go public. ---- MiniMax Shares Drop on $2 Billion Fundraising Plan Shares of MiniMax dropped, after the Chinese artificial-intelligence company disclosed a plan to raise $2 billion through a share placement and convertible-bond offering. ---- Xavier Niel to Become Vodafone's Largest Shareholder With $5.9 Billion Stake Buy The French businessman plans to buy a 16.2% stake in the U.K. telecoms company from Emirates Telecommunications. ---- Apollo to Buy $3.4 Billion Stake in Bayer Contraceptives Business The asset-management firm agreed to buy a minority stake in Bayer's long-acting reversible contraceptives business. ---- U.S. Biotechs Are Keeping More Secrets to Beat Copycats in China Western biotechs are getting a new playbook with tighter controls to stay ahead of an ultraefficient pharmaceutical pipeline overseas. ---- Boeing's Smallest MAX Jet Nears FAA Milestone After Years of Delays Federal regulators are expected to certify Boeing's second-to-last version of its 737 later this month, marking a significant-albeit belated-milestone for the plane maker. ---- Netflix Is Exploring Live TV and Bundles as It Struggles to Keep Viewers Hooked The streamer is rethinking some of its core strategies to compete with rivals. ---- Facebook Faces $1 Trillion Backlash. Investors Ignore the Threat at Their Peril. Investors tend to overlook fines and regulatory issues. A new $1 trillion case against Meta suggests they start paying attention. ---- Charter Communications Battles Dish's Restructuring Plan Following 5G Failure The telecom giant is facing a financial hit after helping Dish with the build-out of its botched 5G network. ---- Federal Regulator Warns Robotaxis Are a 'Danger' to the Public The National Highway Traffic Safety Administration told autonomous-vehicle developers that their cars must interact better with first responders. ---- NY Attorney General Sues 3M, Others Over 'Forever Chemicals' Attorney General Letitia James sued a group of major chemical and agricultural companies, alleging they deceived consumers about the risks of toxic chemicals in their products. ---- FuboTV Appoints Disney Executive Alisa Bowen to CEO Bowen, who succeeds FuboTV co-founder David Gandler as CEO, has nearly three decades of experience in the media industry. (END) Dow Jones Newswires July 10, 2026 03:15 ET (07:15 GMT) Copyright (c) 2026 Dow Jones & Company, Inc. ### Related Stocks - [VOW3.DE](https://longbridge.com/en/quote/VOW3.DE.md) - [VOD.UK](https://longbridge.com/en/quote/VOD.UK.md) - [00100.HK](https://longbridge.com/en/quote/00100.HK.md) - [BA.US](https://longbridge.com/en/quote/BA.US.md) - [BAYN.DE](https://longbridge.com/en/quote/BAYN.DE.md) - [BAYRY.US](https://longbridge.com/en/quote/BAYRY.US.md) - [EZJ.UK](https://longbridge.com/en/quote/EZJ.UK.md) - [NFLX.US](https://longbridge.com/en/quote/NFLX.US.md) - [VWAGY.US](https://longbridge.com/en/quote/VWAGY.US.md) - [VOD.US](https://longbridge.com/en/quote/VOD.US.md) - [CHTR.US](https://longbridge.com/en/quote/CHTR.US.md) - [VOW.DE](https://longbridge.com/en/quote/VOW.DE.md) - [FUBO.US](https://longbridge.com/en/quote/FUBO.US.md) - [VWAPY.US](https://longbridge.com/en/quote/VWAPY.US.md) - [META.US](https://longbridge.com/en/quote/META.US.md) - [APO.US](https://longbridge.com/en/quote/APO.US.md) - [METU.US](https://longbridge.com/en/quote/METU.US.md) - [NFXL.US](https://longbridge.com/en/quote/NFXL.US.md) - [NFLU.US](https://longbridge.com/en/quote/NFLU.US.md) - [NFLW.US](https://longbridge.com/en/quote/NFLW.US.md) - [FBL.US](https://longbridge.com/en/quote/FBL.US.md) - [BOEU.US](https://longbridge.com/en/quote/BOEU.US.md) - [METW.US](https://longbridge.com/en/quote/METW.US.md) - [BOED.US](https://longbridge.com/en/quote/BOED.US.md) - [METD.US](https://longbridge.com/en/quote/METD.US.md) - [BOEG.US](https://longbridge.com/en/quote/BOEG.US.md) - [NFXS.US](https://longbridge.com/en/quote/NFXS.US.md) - [NFLY.US](https://longbridge.com/en/quote/NFLY.US.md) - [NFLP.US](https://longbridge.com/en/quote/NFLP.US.md) - [FBY.US](https://longbridge.com/en/quote/FBY.US.md) - [FBYY.US](https://longbridge.com/en/quote/FBYY.US.md) - [MAGX.US](https://longbridge.com/en/quote/MAGX.US.md) - [OpenAI.NA](https://longbridge.com/en/quote/OpenAI.NA.md) - [MMM.US](https://longbridge.com/en/quote/MMM.US.md) - [ESYJY.US](https://longbridge.com/en/quote/ESYJY.US.md) - [APO-A.US](https://longbridge.com/en/quote/APO-A.US.md) - [APOS.US](https://longbridge.com/en/quote/APOS.US.md) - [BAYZF.US](https://longbridge.com/en/quote/BAYZF.US.md) - [BOE.UK](https://longbridge.com/en/quote/BOE.UK.md) ## Related News & Research - [Instagram Head of Product Design Explains Thinking Behind That New Logo and Responds to Critics: ‘It’s Important for Us to Embrace the Future’](https://longbridge.com/en/news/296134477.md) - [Meta CTO Andrew Bosworth disposes of 7,848 Meta shares worth $4.38 million](https://longbridge.com/en/news/296542169.md) - [Short Interest in Bayer Aktiengesellschaft (OTCMKTS:BAYRY) Increases By 94.9%](https://longbridge.com/en/news/296026963.md) - [BREAKINGVIEWS-Anthropic’s deceleration has some IPO upside](https://longbridge.com/en/news/296261346.md) - [Meta glasses are a workplace menace](https://longbridge.com/en/news/296488070.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**