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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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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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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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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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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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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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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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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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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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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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.
(END) Dow Jones Newswires
March 09, 2026 21:00 ET (01:00 GMT)
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