latest news in companies
Target's $12 Billion Diversity Backlash: Why the Consumer Boycott Persists
Minneapolis, Thursday, 12 March 2026.
A year-long consumer boycott over Target’s diversity program cuts continues despite some organizers declaring victory. Costing the retailer $12 billion, this sustained backlash highlights severe financial and reputational risks.
Puget Sound Energy Requests 30 Percent Rate Hike to Fund Clean Energy Transition
Bellevue, Thursday, 12 March 2026.
Highlighting the rising cost of going green, Puget Sound Energy is requesting a 30 percent rate increase in Washington, citing state clean energy mandates as the primary financial driver.
Microsoft Unveils Project Helix: A First Look at the Next-Generation Xbox
San Francisco, Thursday, 12 March 2026.
Microsoft unveiled Project Helix, its next-generation Xbox. Powered by a custom AMD chip, this upcoming console aims to disrupt the market by seamlessly playing both PC and console games.
Atlassian Eliminates 1,600 Jobs to Finance Strategic Artificial Intelligence Pivot
Sydney, Wednesday, 11 March 2026.
To self-fund an aggressive artificial intelligence roadmap, Atlassian is cutting 10% of its workforce and replacing its chief technology officer, signaling a major strategic pivot for the software giant.
Peraso Schedules 2025 Earnings Release Amid Potential Growth Plateau
San Jose, Wednesday, 11 March 2026.
Peraso reports its 2025 financials on March 16, 2026. Following a massive stock surge, investors face a high-stakes event as fourth-quarter guidance signals a potential sequential revenue decline.
Lightwave Logic and Tower Semiconductor Forge Alliance to Supercharge Global Data Processing
New York, Wednesday, 11 March 2026.
In March 2026, Lightwave Logic and Tower Semiconductor partnered to integrate high-speed modulators into existing chips. This “Zero Change” strategy enables massive 400G data speeds without costly silicon redesigns.
Paramount and Warner Bros. Discovery to Merge Streaming Platforms into a 200-Million Subscriber Giant
New York, Wednesday, 11 March 2026.
Paramount and Warner Bros. Discovery will merge Paramount+ and HBO Max by 2027. This strategic consolidation creates a 200-million subscriber giant, ultimately shutting down the standalone HBO app.