Shares of iRobot tank 30% after Roomba maker raises doubt about its survival

• Roomba vacuum maker iRobot warns it may go bust, sending stock down 30%

  After its latest financial figures were worse than forecast, the company said there’s “substantial doubt” it can survive another 12 months.
  
  MarketWatch - 7h
• 

  iRobot’s Future in Doubt as Board Explores Options, Including a Potential Sale

  A year after Amazon abandoned its plan to purchase iRobot for $1.4 billion, the Roomba-maker warns it may not be able to continue to operate.
  
  Inc. - 5h
• 

  Trump promises to buy a Tesla after electric-car maker’s shares tumble

  US president’s late-night social media post follows company’s 15% share price drop
  
  Financial Times - 1d
• 

  College basketball rankings: Gonzaga heading to its 26th straight NCAA Tournament after winning WCC title

  The Zags removed any doubt about playing in the Big Dance by beating Saint Mary's to win the WCC Tournament
  
  CBS Sports - 6h

• Novo Nordisk shares fall 6.3% after latest trial results for its next-generation weight loss drug

  Shares of Novo Nordisk fell sharply on Monday, after the firm published results from the latest clinical trial of its CagriSema weight-loss drug.
  
  CNBC - 2d
• 

  Swedish Battery Maker Northvolt Collapses, a Blow to Europe

  The company and its assets will be sold after it filed for bankruptcy in Sweden, sinking Europe’s best hope for competing against Asian rivals.
  
  The New York Times - 9h

• Alexander-Arnold a doubt for Carabao Cup final

  Liverpool defender Trent Alexander-Arnold is a doubt for the League Cup final after sustaining an injury in Tuesday's Champions League loss to PSG.
  
  ESPN - 4h

• Ukraine open to 30-day ceasefire with Russia as U.S. lifts aid freeze

  After talks in Saudi Arabia on Tuesday, the U.S. and Ukraine said Kyiv would accept a 30-day ceasefire with Russia, with Washington pledging to immediately lift a freeze on intelligence sharing and ...
  
  CBS News - 1d

• Judges raise concerns about threats to independence amid GOP criticism

  Elon Musk has accused some federal judges of being "evil" and said they should be fired after issuing preliminary decisions against the Trump administration.
  
  CBS News - 1d

More from CNBC

• Intel appoints Lip-Bu Tan as CEO to orchestrate turnaround at struggling chipmaker, stock jumps 12%

  Intel said on Wednesday that Lip-Bu Tan is taking over as CEO, three months after Pat Gelsinger resigned from the post.
  
  CNBC - 3h

• Trump tariff threats are pushing Canada's largest oil producer to break its dependence on the U.S.

  Alberta Premier Danielle Smith said the oil-producing region could look beyond the U.S. for customers if Trump's tariff threats create uncertainty.
  
  CNBC - 1h

• Meta goes to arbitrator to prevent whistleblower from promoting tell-all book

  An emergency arbitrator ruled that former Meta staffer Sarah Wynn-Williams is prohibited from promoting memoir of her tenure at the social media company.
  
  CNBC - 48m

• Canada to impose 25% retaliatory tariffs on $21 billion worth of U.S. goods

  Canada will impose 25% tariffs on more than $20 billion worth of U.S. goods in retaliation for the Trump administration's steel and aluminum duties.
  
  CNBC - 5h

• U.S. budget deficit surged in February, passing $1 trillion for year-to-date record

  The U.S. debt and deficit problem worsened during President Donald Trump's first month in office.
  
  CNBC - 6h

More in Business

• Asia-Pacific stocks rise after soft U.S. inflation report pushes two Wall Street benchmarks up

  The Nasdaq Composite picked up after the soft inflation report eased concerns about a looming recession and as investors snapped up technology shares.
  
  CNBC - 16m

• FTC reverses course, says it has resources to pursue Amazon deceptive practices case

  The FTC said it will meet the deadlines for its Amazon Prime deceptive practices case, hours after requesting a delay due to resource constraints.
  
  CNBC - 20m

• Intel’s stock soars as Lip-Bu Tan is named CEO. But he faces a tough task ahead.

  With a permanent CEO, Intel now has some stability. But turning around the design and manufacturing businesses won’t be easy.
  
  MarketWatch - 32m

• Adobe’s stock has been an AI laggard. A ho-hum earnings forecast is adding to its declines.

  Adobe Systems Inc. shares fell in after-hours trading Wednesday after disappointing quarterly earnings guidance, amid criticism on Wall Street that the software company is not yet monetizing ...
  
  MarketWatch - 32m

• Another avocado seller is downplaying tariffs — but is still monitoring this Trump policy

  Calavo Growers Inc., a company that distributes avocados from Mexico and California, said Wednesday that it didn’t expect any U.S. tariffs on imports from Mexico to have a “meaningful impact,” on ...
  
  MarketWatch - 33m