Adobe CEO to Depart as AI Boosts Sales
Chief Executive Shantanu Narayen, credited with leading the software company's transformation over the past 18 years, will step down after it finds a new leader for the AI era.
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Honda Expects Up to $15.7 Billion Hit From EV Strategy Reassessment
The Japanese automaker expects to swing to its first annual loss in decades a result of the re-evaluation.
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BuzzFeed Issues Going Concern Warning, Lacks Liquidity For Coming Year
The digital media company said it has broadly operated at a loss since its conception and is burdened by legacy commitments.
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Lennar First-Quarter Sales Fall as Tough Housing Market Persists
The homebuilder's revenue fell 13% in the first quarter as a tough housing market has resulted in lower average home sale prices.
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Ulta Beauty Expects Growth to Slow This Fiscal Year as Consumers Focus on Value
The cosmetics and fragrances retailer said it expects sales to grow 6% to 7% this fiscal year, compared with a 9.7% increase in the prior fiscal year.
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Stryker Says Cyberattack Disruption Is Continuing
The company experienced a global disruption to its Microsoft systems following a cyberattack related to the Iranian conflict.
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Lucid to Launch 3 New Models, Robotaxi Amid Midsize-Vehicle Expansion
The electric-vehicle company said at its investor day that its midsize platform will include two sport-utility vehicles called Cosmos and Earth, as well as a third consumer model that hasn't yet been named publicly.
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Dollar General Shares Sink as Outlook Calls for Growth to Slow
Dollar General's outlook for the year calls for sales growth to slow, as recent winter storms hurt the current quarter and continued uncertainty clouds consumer behavior.
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Deutsche Bank says its private-credit exposure has increased to $30 billion - one of the highest of Wall Street banks
Despite concerns over the struggling industry, the banking giant aims to increase its offering.
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Lululemon Founder Escalates Board Critique Amid Ongoing CEO Search
Lululemon Athletica founder Chip Wilson has cautioned prospective CEO candidates that the company's challenges stem from its board rather than its leadership vacancy.
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Dan Ives Is Stepping Down as Eightco Chairman
Eightco announced $125 million in new funding commitments on Thursday. Crypto bull Tom Lee is joining the board.
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Oracle Allocates Extra $500 Million to Cover Restructuring Costs
The additional spend covers redundancy packages and other exit costs as increasingly powerful AI models allow the company to cut software jobs.
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Elon Musk's Tesla Obtains License to Supply Electricity in Britain
Tesla Energy Ventures received the go-ahead to provide electricity to domestic and nondomestic consumers in England, Scotland and Wales, but not Northern Ireland.
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Dick's Sporting Goods Reports Higher Comparable Sales
Dick's Sporting Goods reported higher fourth-quarter comparable sales and said that it was seeing progress in turning around its recently acquired Foot Locker brand.
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BMW Expects Tariffs, Costs to Drag Earnings Lower
Like most European automakers, BMW faces intense competition and a downturn in luxury spending in China as tariffs add to industry costs.
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Tesla's Grand Plan for the Future Is a Car With No Steering Wheel
Musk's vision for Tesla rests on the fully driverless Cybercab, but regulations could stand in the way.
(END) Dow Jones Newswires
March 12, 2026 19:00 ET (23:00 GMT)
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