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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.

Activist Fund Starboard Value Demands Sweeping Overhaul at CarMax

Richmond, Thursday, 12 March 2026.
Leveraging a new $350 million stake, activist investor Starboard Value is pushing CarMax’s incoming leadership to execute over $300 million in cost cuts and revitalize its digital sales strategy.

Leon Black Delays Testimony in Bank of America Lawsuit Amid Settlement Talks

New York, Thursday, 12 March 2026.
Former Apollo CEO Leon Black postponed his eight-hour deposition regarding his $150 million ties to Jeffrey Epstein, as lawyers indicate a settlement with Bank of America is imminent.

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.

Rivian Adjusts Pricing Strategy Ahead of Highly Anticipated R2 Electric SUV Reveal

Irvine, Wednesday, 11 March 2026.
Ahead of its March 12 reveal, Rivian quietly removed the R2’s $45,000 price promise, with leaks suggesting the crucial electric SUV will initially launch at $57,990.

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.

U.S. and Chubb Launch $20 Billion Safety Net to Rescue Persian Gulf Shipping

Washington, D.C., Wednesday, 11 March 2026.
To combat catastrophic supply chain disruptions from the Iran conflict, the U.S. tapped Chubb to lead an unprecedented $20 billion insurance initiative to restore Persian Gulf shipping.