Delta cuts its once-rosy outlook. Here's what's worrying the airline. 
 

Shares of Delta Air Lines Inc. dropped more than 9% after hours Monday after the airline slashed its current-quarter estimates, seeing trouble ahead for demand for its domestic flights.

 
Couche-Tard Reiterates Commitment to Seven & i Takeover 
 

The Canadian owner of Circle K said its takeover proposal for the 7-Eleven parent presents clear economic value.

 
Oracle Revenue Rises, Sees Further Growth Ahead 
 

The cloud-software provider's results missed Wall Street's expectations, but CEO Safra Catz said it expects fourth quarter revenue to grow 9% to 11%, with total cloud revenue jumping between 24% and 28%.

 
Elon Musk Says X Outages Are 'Massive Cyberattack.' What We Know. 
 

Earlier Monday, reports of outages soared to nearly 40,000 over the previous 24 hours.

 
Tesla Selloff Deepens With Stock Down 15%. One Analyst Sees a Serious Sales Slowdown 
 

UBS analyst Joseph Spak reduced his first-quarter delivery target to 367,000 vehicles from 437,000.

 
KPMG Shrinking Number of Country Units in Revamp of Global Structure 
 

The Big Four accounting firm aims to integrate many member firms, particularly smaller ones, into larger operations.

 
Illumina to Cut $100 Million in Costs, Lowers Guidance Because of China Sales Ban 
 

Beijing banned imports of Illumina's gene-sequencing machines in response to U.S. tariffs.

 
Whitecap Resources, Veren to Merge in a $10.4 Billion All-Share Deal 
 

Whitecap Resources and Veren have agreed to combine their companies in $10.44 billion deal that will enlarge their Alberta oil and gas footprint.

 
Rocket-Redfin Deal Ignites Race for One-Stop Shop for Home Buyers 
 

The mortgage giant Rocket Cos. has agreed to buy Redfin in an all-stock deal valuing the online real-estate brokerage at $1.75 billion.

 
EPA, Citibank Face Legal Challenge to $20 Billion Green-Bank Funding Freeze 
 

Clean-energy nonprofit Climate United says the EPA grant freeze is causing catastrophic harm to project employees, contractors and service providers.

(END) Dow Jones Newswires

March 10, 2025 23:00 ET (03:00 GMT)

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