Maersk and Hapag-Lloyd Suspend Key Middle East Shipping Routes
The container shipping groups halted navigation of key routes into and out of the region as the fallout from the war continues to disrupt trade flows.
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Zealand Pharma Shares Plunge After Obesity Drug Candidate Disappoints in Trial
Zealand stock fell as much as 32% after the company reported weaker-than-expected data from a midstage study of a drug candidate it is developing with Roche.
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Deutsche Lufthansa Posts In-Line Earnings But Warns Of Iran Conflict Impact
Lufthansa said results were supported by the modernization of its fleet and a 3% increase in passenger numbers last year.
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Anthropic Says It Will Fight New Pentagon Move as CEO Apologizes for Leaked Memo
Dario Amodei had said the company's designation as a risk to other defense contractors was punishment for failing to curry favor with President Trump.
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Nike to Record $300 Million Charge From Cost-Cutting Efforts
The sneaker company said the charge is primarily associated with employee severance costs, and that it is continuing to evaluate opportunities to operate more efficiently and profitably.
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Costco Evaluating Possibility of Tariff Refunds as Second-Quarter Revenue Rises
Costco is evaluating the potential for tariff refunds, with plans to pass on savings to shoppers through lower prices if the warehouse retailer manages to land a windfall.
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Federal Health Officials Attack Rare-Disease Drug, Say Company Lied
The FDA is already under fire from lawmakers for recent delays and rejections of new drugs for rare diseases.
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Marvell Technology Raises Sales View As AI Developers Spend on Data Centers
The semiconductor company said it now expects full-year revenue in fiscal 2027 to grow more than 30% from the prior year, approaching $11 billion.
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Gap Faces Further Pressure From Declining Athleta Sales
The apparel company behind Old Navy, Banana Republic and its namesake brand said same-store sales fell 10% at Athleta in the fourth quarter.
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Netflix Acquires InterPositive, Ben Affleck's AI Filmmaking Company
InterPositive's entire team will join Netflix as part of the acquisition, with Affleck staying on as a senior adviser.
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Sam Altman Wants Elected Officials, Not OpenAI, to Decide How Military Uses AI
CEO's comments come as OpenAI has drawn criticism over its Pentagon deal; "This process has some deep flaws."
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Berkshire's New CEO Restarts Stock Buybacks, Buys Shares Himself
The move departed from former Chief Executive Warren Buffett's avoidance of share repurchases in recent quarters.
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Meta to Open Up WhatsApp to Rival AI Chatbots for a Fee
The move comes after the European Commission said it could impose a temporary injunction on the company as part of an antitrust probe.
(END) Dow Jones Newswires
March 06, 2026 05:00 ET (10:00 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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