Dow Jones Top Company Headlines at 11 PM ET: Rivian's Make-or-Break Car Arrives at the Worst Possible Moment for EVs | Adobe ...

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5 hours ago

Rivian's Make-or-Break Car Arrives at the Worst Possible Moment for EVs

The startup seeks to buck an EV downturn with a $57,990 SUV that can drive up to 330 miles on a single charge.

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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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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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Netflix is spending up to $600 million to buy Ben Affleck's AI startup. What exactly is it buying?

A week after backing away from buying Warner Bros. Discovery, Netflix decides to buy rather than build AI tools for filmmakers.

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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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'Sesame Street' Producer Sues SeaWorld Parent Over Unpaid Royalties

Sesame Workshop is accusing United Parks and Resorts of failing to pay fees and royalties under their partnership to operate Sesame Place parks and attractions.

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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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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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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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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.

 

(END) Dow Jones Newswires

March 12, 2026 23:00 ET (03:00 GMT)

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