HPE Sales Rise on Networking Growth Despite Cloud and AI Decline
The server and cloud-software company said networking sales nearly tripled to $2.7 billion, driven in part by a fivefold increase in data center networking revenue.
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Novo Nordisk to Sell Weight-Loss Drugs Through Hims & Hers
The agreement brings an end to the legal dispute between the two companies. Hims & Hers shares jumped.
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Anthropic Sues U.S. Defense Department, Pete Hegseth for Targeting the Company
The AI company named other agencies and officials as defendants as it alleged retaliation for a policy disagreement.
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Vail Resorts Cuts Guidance After Low Snowfall 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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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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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 Settlement With DOJ in Antitrust Case
The move spares the concerts-and-ticketing giant from the threat of its business being broken up.
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Nasdaq Partners With Kraken in Plan for 24/7 Tokenized Stock Trading
Nasdaq sought approval in September to let investors trade tokenized versions of its listed stocks and other exchange-traded products.
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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.
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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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Nvidia-Backed Startup Nscale Raises Funds at $14.6 Billion Valuation
Nvidia, Dell Technologies and Nokia were among the investors that backed the AI infrastructure startup's Series C funding round.
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Activist Starboard Takes Big Stake in French-Fry Maker Lamb Weston
Starboard Value is pushing the company to speed up improvements and cost cutting to boost its underperforming stock.
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Roche Shares Fall After Breast-Cancer Treatment Misses Goal in Late-Stage Study
The results of the clinical trial mark a setback for the Swiss pharmaceutical company, which saw in the drug, giredestrant, a candidate to become a blockbuster treatment.
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GSK Sells Rights to Drug Candidate to Alfasigma for Up to $690 Million
Under the deal, Alfasigma will gain rights to develop, manufacture and commercialize linerixibat.
(END) Dow Jones Newswires
March 09, 2026 17:00 ET (21:00 GMT)
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