Dow Jones Top Company Headlines at 11 AM ET: Visa Is Slashing 2,600 Jobs as It Adapts to Changing Payments Industry | Apple ...

Visa Is Slashing 2,600 Jobs as It Adapts to Changing Payments Industry

Cuts, mostly in technology and product teams, affect about 7% of the payment giant's workforce.

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Apple Launches Product Leasing Program Through Klarna

The Apple Upgrade program will allow customers to pay monthly for new products and then return, upgrade or buy the device.

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Boeing Spends Big to Meet Deadline for New Air Force One

The plane maker posted a loss as it invests to ensure the presidential plane can be delivered by 2028.

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UPS Lifts Outlook as Revenue Rises

United Parcel Service raised its full-year outlook after revenue climbed in the second quarter, as the company said its years-long restructuring efforts are bearing fruit.

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Coca-Cola Raises Outlook After Successfully Navigating Consumer Caution

Coca-Cola recorded higher profit and sales in the second quarter, citing better concentrate sales, pricing and product mix.

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JetBlue Loss Widens Due to Higher Fuel Costs

JetBlue Airways recorded a bigger loss in the second quarter stemming from higher jet fuel prices, though it blunted about half of that damage with higher fares and strong customer demand.

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Centene Raises 2026 Outlook on Profit, Revenue Growth

Centene lifted its guidance for the year after revenue and profit growth in the second quarter were driven by strength in its core government-sponsored and individual healthcare lines.

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PayPal Is Open to Buyout, but Focused on Turnaround

PayPal bumped up its profitability forecast and signaled an openness to a potential deal if it came at the right price.

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FAA Flags Quality Issue Affecting Seats on Hundreds of Boeing MAX Jets

The U.S. regulator said it had received a report that seats on some of the planemaker's MAX jets were incorrectly installed in their tracks.

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Royal Caribbean Says Geopolitical Tensions Moderated Bookings

Royal Caribbean Group cut its revenue outlook for the year, as prolonged geopolitical uncertainty hurt bookings in the second quarter.

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Hilton Raises Outlook on Higher Revenue, Hotel Rates

The hotel company posted a second-quarter profit of $482 million, or $2.10 a share, compared with $440 million, or $1.84 a share, a year earlier.

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Corning Capacity Limits, Smartphone Slump Weigh on Outlook

While demand for next-generation data centers remains hot, executives signaled that output is capped by current manufacturing limits as it rushes to build out new capacity.

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GSK Launches Saving Plan to Accelerate Drug Pipeline

The U.K. drugmaker is targeting annual savings of $2.52 billion by 2029, as Chief Executive Luke Miels outlined his roadmap to hit the company's 2031 sales target.

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Johnson Johnson Agrees to Pay $5.5 Billion to Settle Talc Lawsuits

The drugmaker aims to put an end to litigation that has been going on for more than a decade.

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Unilever Raises Outlook After Quarterly Sales Volume Growth Hits 16-year High

Shares were almost 6% higher after the consumer-goods company's underlying sales growth accelerated to 5.8%-well above company-compiled estimates.

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Sherwin-Williams Lifts Outlook as Profit, Sales Climb

For the year, Sherwin-Williams now expects net sales to be up in the mid- to high-single-digit percent range, compared with a prior outlook for sales growth in the low- to mid-single-digit percent range.

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Barclays Raises Key Targets

The British bank raised its group income and its net interest income targets after its second quarter was boosted by its global markets unit and investment banking fees.

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Singapore Airlines Posts First Quarterly Loss Since Pandemic on Fuel Costs, Air India

The flag-carrier's results were dragged by soaring jet-fuel prices and mounting losses from Air India, despite group revenue increasing 19% to a record high.

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The Price to Finance the AI Data Center Boom Is Rising, Just Ask Meta

Meta's data-center project priced a $12.5 billion offering with a higher interest rate than a similar deal last year, as AI companies flood the market with new debt.

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Meta Is Fighting a Mountain of Social-Media Lawsuits-at Just the Wrong Time

In the midst of an expensive AI transformation, the company is grappling with litigation that could cost it billions and force painful changes.

(END) Dow Jones Newswires

July 28, 2026 11:00 ET (15:00 GMT)