Honda Expects Up to $15.7 Billion Hit From EV Strategy Reassessment
The Japanese automaker will likely swing to an annual net loss as a result of the re-evaluation.
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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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Leonardo Targets Higher Revenue, Earnings as Defense Order Boom Continues
Orders this year are expected to rise to about 25 billion euros from 23.8 billion euros reached last year, and it targets 32 billion euros in orders by the end of the decade.
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Costco Sued by Customer Over Tariff Refund
A potential class-action lawsuit seeks to force the retailer to pass along any refund it gets from the U.S. government to customers.
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Salesforce makes a big splash in the debt market so it can quickly buy back 14% of its stock
The software giant will conduct $25 billion worth of accelerated share repurchases after management previously signaled that the stock is too cheap.
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Amazon's Win Against Perplexity Kicks AI Shopping Wars Into High Gear
A judge ruled that Amazon can keep outside AI bots off its site for now, but retailers are preparing for a new normal in shopping.
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Uber, Nissan, Wayve Team Up to Offer Robotaxi Services in Tokyo
Uber Technologies, Nissan Motor and U.K. self-driving car startup Wayve have joined forces to offer robotaxi services, with a pilot program in Tokyo planned for late 2026.
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Tilman Fertitta in Talks to Buy Caesars for $7 Billion After Topping Bid From Icahn
The billionaire's Fertitta Entertainment has been discussing paying around $34 a share.
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Meta further diversifies beyond Nvidia as it unveils four custom AI chips
The tech giant's AI chips are used to train and power its ranking and recommendations systems and AI models.
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Atlassian to Cut About 10% of Workforce, Cites Need to Adapt to AI
The company said the cuts will allow it to invest further in AI and enterprise sales, as well as accelerate its path toward sustained profitability.
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UiPath Guides for Slower Full-Year Revenue Growth
UiPath reported top- and bottom-line gains in the fiscal fourth quarter, but its stock declined after the company guided for a slowdown in full-year revenue growth.
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Algoma Steel Fourth-Quarter Loss Widens With Tariff Costs
The Canadian steelmaker reported a quarterly loss of C$364.7 million, compared with a loss of C$66.5 million a year earlier.
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Petco Says It Could Return to Sales Growth
The company expects sales in 2026 to be flat to up 1.5%, a turnaround from a 2.5% decrease in revenue last year, as it moves into the next phase of its turnaround plan.
(END) Dow Jones Newswires
March 12, 2026 05:00 ET (09:00 GMT)
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