Dow Jones Top Company Headlines at 3 AM ET: Nvidia's Board Investigates Reports That CEO Was Spying Target After Affair | Credit ...

A round-up of late-breaking corporate headlines highlighted multiple investigations and deal moves across industries. Nvidia’s board is investigating reports that CEO Jensen Huang spied on a target after an affair involving an executive suspected of working for Chinese intelligence; Huang apologized for being unfaithful. In banking, Credit Agricole proposed a merger of an Italian business with Banco BPM, while Intesa received regulator approval for its $39.05 billion takeover bid for Monte dei Paschi. UniCredit raised profit guidance as its control of Commerzbank nears. Other items included Hannover Re posting higher net profit, Mitsui Chemicals agreeing to buy JSR with Japan’s Development Bank for about $8.8 billion, a DoorDash shares slide after Instacart and Amazon-linked plans, and a recall test for Once Upon a Farm oat bars due to choking hazards.