Dollar Tree to Close About 1,000 Stores

Dollar Tree's earnings in the holiday quarter were wiped out by billions of dollars in charges tied to a review of the company's portfolio of stores. 


 
Petco CEO Steps Down

Ron Coughlin is also stepping down from the board, which has appointed R. Michael Mohan to serve as interim CEO. 


 
Elon Musk's SpaceX prepares third Starship flight test

SpaceX's third Spaceship flight test could come as soon as Thursday, pending regulatory approval, says the private space company. 


 
Volkswagen's Audi Division Posts Lower Profits

Volkswagen reported lower operating margin and profit for its Audi brand group but its flagship division increased profitability. 


 
AirAsia Chief to Scout for More Fundraising After SPAC Listing

AirAsia chief Tony Fernandes plans to seek fresh funding in Southeast Asia's equities markets after a much-touted SPAC listing in the U.S. later this year. 


 
Biden's 15% Corporate Minimum Tax Hits KKR, Whirlpool in First Year

The Biden administration is proposing an expansion of a levy that targets companies with high profits and low taxes. 


 
Shell considers slowing its ambitious net-zero push: report

The Anglo-Dutch oil major has focused on investor returns over climate initiatives under new CEO Wael Sawan who took control in January 2023 


 
Wood-Pellet Maker Enviva Files for Bankruptcy

The nation's largest exporter of wood pellets filed for chapter 11 following a failed gamble on future commodities prices. 


 
You Can Now Get Zepbound Through Amazon

Amazon Pharmacy will fill prescriptions for the weight-loss drug ordered through maker Eli Lilly's direct-to-consumer service. 


 
Global dividends hit record $1.66 trillion in 2023 as Microsoft reclaims top spot

Global dividends rose 5% to a record $1.66 trillion in 2023 as growth in bank payouts compensated for lower distributions from miners


(END) Dow Jones Newswires

03-13-24 0915ET