Aramco Raises Dividend; Announces $3 Billion Buyback
Saudi Arabia's national oil company said it would buy back up to $3 billion of shares and increased its fourth-quarter base dividend, despite weaker oil prices.
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HPE Raises Earnings Outlook, Expects Memory Shortage to Persist
The company forecasts networking revenue will rise by 68% to 73% as AI and data-center developers continue to fuel strong demand.
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Anthropic Sues U.S. Defense Department, Pete Hegseth for Targeting the Company
AI researchers at Google and OpenAI back Anthropic in alleging government retaliation for policy disagreement.
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Rio Tinto in 'Active Negotiations' With Mongolia Over Oyu Tolgoi Copper Mine
Rio Tinto said it is in negotiations with Mongolia over the giant Oyu Tolgoi copper mine, one of the world's biggest deposits of the metal needed to build electric vehicles and data centers.
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Airlines Grapple With Rising Jet Fuel Costs, Long Security Lines. The Stocks Are Falling.
Spot jet fuel prices in some markets have risen by about 60 cents a gallon since the end of February, to as high as $4.19 a gallon in Los Angeles and $3.92 a gallon in New York Harbor, according to OPIS.
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CATL Reports Earnings Beat Despite Cooling EV Demand, Higher Metal Prices
The world's largest electric-vehicle battery maker, reported stronger-than-expected net profit in the fourth quarter and 2025.
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Berkshire Buyback News Undercut Its Ability to Repurchase Stock Cheaply
Berkshire disclosed the buyback for transparency during its leadership transition, a departure from its usual nondisclosure policy.
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Shell to Sell Jiffy Lube to Monomoy in $1.3 Billion Deal
Shell said the divestment allows it to monetize an asset that isn't central to its lubricants portfolio in the U.S. and reinvest in higher-return opportunities.
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Canada Formally Reverses Ban on TikTok's Business Unit
Canada's Industry Minister Melanie Joly said TikTok was being allowed to operate in Canada, subject to conditions focused on protecting Canadians' data and the safety of children.
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Here's how Amazon just stepped up its robotaxi competition with Tesla and Google
Amazon's Zoox is testing robotaxi operations in 10 U.S. cities, but Google's Waymo has a big lead.
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Flying-Taxi Maker Archer Sues Joby, Accusing Rival of Playing Down Reliance on China
The lawsuit filed in California federal court escalates a battle between companies seeking to market new aircraft.
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First Brands Creditors Shift to Finance Litigation After Restructuring Talks Fail
Bankruptcy lenders are discussing a strategy to bankroll lawsuits aimed at recovering at least some of their losses.
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Live Nation Reaches Tentative Deal With Justice Department in Antitrust Case
The agreement would allow the concerts-and-ticketing company to avoid being split up, but some states object to it.
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Sturm Ruger Accuses Beretta of Attempting to Gain Control of Company
The statement comes after Beretta acquired a nearly 10% stake in Ruger and last month nominated four directors to the company's board, setting the stage for a potential proxy fight between the rival gun makers.
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Vail Forecasts Lower Profit After Sparse Snow Deters Skiers
The ski-resort operator said it now expects net income of $144 million to $190 million for the current fiscal year, compared with its initial forecast of $201 million to $276 million.
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Simon & Schuster Names Former Amazon Executive Greeley as CEO
The publisher is turning to an industry outsider as expanded entertainment options squeeze the book business.
(END) Dow Jones Newswires
March 10, 2026 03:00 ET (07:00 GMT)
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