Intel Names Lip-Bu Tan as Chief Executive Officer 
 

The former CEO of Cadence Design Systems, steps in as the semiconductor manufacturer has lost market share.

 
Couche-Tard Doubles Down on Friendly Takeover of 7-Eleven Owner 
 

The Canadian owner of Circle K will continue its friendly pursuit of Seven & i, executives said, sounding confident that they can overcome antitrust issues that could block the prospective acquisition in the U.S.

 
Adobe Stock Slides Despite Earnings Beat. The CFO Is Confident About AI. 
 

Adobe posted first-quarter adjusted earnings of $5.08 a share, beating estimates of $4.97 a share.

 
LVMH Taps Arnault's Son to Head Loro Piana in Leadership Reshuffle 
 

The fashion role is expected to bolster Frédéric Arnault's credentials as a candidate to one day lead the luxury-goods giant.

 
Puma Will Cut 500 Positions Globally as Part of a Cost-Cutting Plan 
 

Job reductions will be implemented at the group's headquarters in Germany and in regional offices. The company has a total workforce of 22,500.

 
D-Wave Claims 'Quantum Supremacy,' Beating Traditional Computers 
 

D-Wave is the latest quantum computing company to say it has achieved "quantum supremacy," better known as the ability to solve a problem with a quantum computer that can't be done with a traditional computer.

 
Niantic to Sell Pokemon GO, Other Games to Saudi-Backed Group in $3.5 Billion Deal 
 

Niantic is also selling "Pikmin Bloom," and "Monster Hunter Now," Niantic's most recent game.

 
Sunnova Prepares Restructuring Talks That Could Include Bankruptcy Filing 
 

Sunnova Energy, one of the country's largest residential solar companies, is preparing to engage with creditors to explore options including a potential bankruptcy filing over its roughly $8.5 billion in debt, according to people familiar with the matter.

 
Wonder Acquires Tastemade for Its Latest Quest: to Make a 'Mealtime Super App' 
 

Wonder CEO Marc Lore hopes the company will one day offer AI-powered autonomous food ordering for all three meals of the day.

 
Whiskey Is a Target of Europe's Retaliatory Tariffs. Brown-Forman Stock Slides. 
 

The European Union plans to establish countermeasures in April that apply to products ranging from boats to bourbon.

(END) Dow Jones Newswires

March 13, 2025 01:00 ET (05:00 GMT)

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