Dow Jones Top Company Headlines at 11 PM ET: Costco Sued by Customer Over Tariff Refund | Uber's ...

Dow Jones03-12 11:00

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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Uber's stock rises as new Amazon robotaxi partnership is 'a positive surprise'

Amazon's Zoox still needs regulatory approval to use its custom-built robotaxis for commercial service

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Target Shopper Boycott Over DEI Changes Is Winding Down

Activists who led the protest say the retailer has acknowledged a breakdown in trust with the Black community.

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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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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.

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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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McDonald's Preps New Discounts to Feed Budget-Minded Diners for $3 or Less

The burger chain will introduce a lower-priced menu and new $4 breakfast meal deals, as it seeks to reclaim its value image.

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Papa John's Draws Fresh Takeover Interest From Qatari-Backed Fund

Irth Capital has submitted a bid to take the pizza-chain private.

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WhatsApp Introduces Parent-Managed Accounts for Children

The company said that the accounts will provide new controls for preteens' messaging and calling, amid growing concern over what minors are able to see online.

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CVS Health's Aetna to Pay $117.7 Million to Resolve False Claims Act Allegations

Aetna was accused of submitting false patient diagnosis data for its Medicare Advantage Plan enrollees in order to get higher monthly payments from the Centers for Medicare and Medicaid Services.

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Toronto's MDA Space Eyes NYSE Listing as Defense Boom Fuels Demand

The Toronto-based firm launched a $300 million initial public offering in the U.S., seeking a listing on the New York Stock Exchange at a moment when defense budgets are rising globally and governments are racing to put more assets into orbit.

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Nvidia to Invest $2 Billion in Nebius to Expand AI Cloud Infrastructure

Nvidia will invest $2 billion in Nebius Group as part of a strategic partnership to expand artificial-intelligence cloud infrastructure.

 

(END) Dow Jones Newswires

March 11, 2026 23:00 ET (03:00 GMT)

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