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Musk's new ultimatum spurs fresh confusion among US government workers
WASHINGTON, Feb 25 (Reuters) - Federal workers faced fresh uncertainty about their futures on Tuesday after Elon Musk gave them "another chance" to respond to his ultimatum that they justify their jobs or risk termination, contradicting guidance from some Trump administration officials that the requReuters
Wed, Feb 26
US, Ukraine agree to terms of critical minerals deal
LONDON/WASHINGTON, Feb 25 (Reuters) - The U.S. and Ukraine have agreed on the terms of a draft minerals deal central to Kyiv's push to win Washington's support as President Donald Trump seeks to rapidly end the war with Russia, two sources with knowledge of the matter said on Tuesday.Reuters
Wed, Feb 26
McDonald's brushes off surcharges on eggs to attract customers
Feb 25 (Reuters) - McDonald's MCD.N said on Tuesday it would not impose any surcharges when serving eggs as part of its meals and will also launch $1 McMuffins on its app, in a move to attract consumers in the United States.
Reuters
Tue, Feb 25
Oil prices fall 2% to two-month low on worries about US economy
US consumer confidence falls in February German economy shrinks in Q4 2024Nigeria boosts oil output, Iraq signs production deal with BPMarket awaits US oil inventory data from API and EIAAdds closing pricesBy Scott DiSavino NEW YORK, Feb 25 (Reuters) - Oil prices fell about 2% to a two-month low ...Reuters
Tue, Feb 25
Google loses fight on Android Auto access, bodes ill for Big Tech
EU court backs Italy's antitrust ruling against GoogleGoogle fined €102 million for blocking Enel's app on Android AutoJudgment aligns with EU's Digital Markets Act, supports interoperabilityAdds context in paragraph 1, lawyer comment, background in paragraphs 11-15By Foo Yun Chee BRU...Reuters
Tue, Feb 25
Judge fines lawyers in Walmart lawsuit over fake, AI-generated cases
By Sara Merken Feb 25 (Reuters) - Three lawyers suing Walmart in a personal injury lawsuit must pay fines totaling $5,000 for citing fake cases generated by artificial intelligence in a court filing, a federal judge ruled. The lawyers, including two from national law firm Morgan & Mor...
Reuters
Tue, Feb 25
U.S. STOCKS ON THE MOVE-AxoGen, Portillo, Cisco Systems
Eikon search string for individual stock moves: The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Stock futures indicated a subdued opening for Wall Street on Tuesday as markets braced for the potential impact of more stringent U.S....
Reuters
Tue, Feb 25
Thermo Fisher Scientific To Acquire Solventum’S Purification And Filtration Business
Feb 25 (Reuters) - Thermo Fisher Scientific Inc TMO.N:THERMO FISHER SCIENTIFIC TO ACQUIRE SOLVENTUM’S PURIFICATION AND FILTRATION BUSINESSTHERMO FISHER SCIENTIFIC INC - TO ACQUIRE SOLVENTUM'S PURIFICATION & FILTRATION BUSINESS FOR $4.1 BILLIONTHERMO FISHER SCIENTIFIC INC - TRANSACTION EXPECT...
Reuters
Tue, Feb 25
BRIEF-Organovo’S FXR Program, Including FXR314, To Be Acquired By Eli Lilly And Company
Feb 25 (Reuters) - Eli Lilly and Co LLY.N:ORGANOVO’S FXR PROGRAM, INCLUDING FXR314, TO BE ACQUIRED BY ELI LILLY AND COMPANY ORGANOVO HOLDINGS INC - TO RECEIVE UPFRONT PAYMENT AND MILESTONES FOR FXR314 ORGANOVO HOLDINGS INC - LILLY ACQUIRES ALL COMMERCIAL AND IP RIGHTS TO FXR PROGRAM
Reuters
Tue, Feb 25
MicroStrategy Invests Additional $2B in Free-Falling Bitcoin, Could Resurrect Altcoins like BTC Bull Token
Strategy (formerly MicroStrategy) executive chairman, billionaire Michael Saylor, announced a recent 20,356 Bitcoin ($BTC) purchase, raising the company’s $BTC count to 499,096.
Bitcoinist
Tue, Feb 25
Tesla to acquire parts of insolvent German parts maker Manz
U.S. carmaker Tesla TSLA.O will acquire parts of the insolvent German high-tech parts maker Manz AG M5ZG.DE, including more than 300 employees at its site in Reutlingen city in the southwest, the German company said on Tuesday.Reuters
Tue, Feb 25
Bitcoin goblin town incoming – Arthur Hayes predicts BTC will fall to $70K, regards ETFs
Bitcoin “goblin town” is incoming, says BitMEX co-founder Arthur Hayes. According to him, Bitcoin could fall to $70,000 if large hedge funds exit their positions in US Bitcoin exchange-traded funds. The leading crypto coin has slid below $90K.
US STOCKS-Futures slip after US plans tighter trade curbs; Nvidia falls
Home Depot falls on downbeat annual same-store sales growth forecast Zoom Communications slips on bleak revenue outlook Conference Board's gauge of consumer confidence due at 10 a.m. ET Futures: Dow flat, S&P 500 down 0.05%, Nasdaq down 0.2%Reuters
Tue, Feb 25
Ethereum Price Crash To $2,000 Could Happen As Smaller Timeframes Turn Bearish
Ethereum’s price trajectory has taken a sharp downturn, with technical analysis showing a possible crash to $2,000. Crypto analyst SwallowAcademy pointed out on the TradingView platform that some bearish signals are forming in smaller timeframes, especially as buyers have failed to maintain a key suNewsBTC
Tue, Feb 25
Gold miners down as bullion prices ease after hitting record high
** U.S.-listed shares of gold miners down premarket, tracking a fall in the price of bullion GOL/ ** Spot gold XAU= down 0.4% at $2,939.74/ounce, after reaching $2,956.15/ounce on Monday — its eleventh record high this year
Reuters
Tue, Feb 25
US Dollar stuck despite the latest market rout
The US Dollar trades flat and unfazed by overnight events. The Trump administration is trying to corner China further with third-party tariffs and semiconductor restrictions. The US Dollar Index (DXY) resides just above important support ahead of more downside.Fxstreet
Tue, Feb 25
Shell expects 60% rise in global LNG demand by 2040 as Asia leads growth
LONDON/SINGAPORE, Feb 25 (Reuters) - Global demand for liquefied natural gas is estimated to rise by around 60% by 2040, driven largely by economic growth in Asia, AI impact and efforts to cut emissions in heavy industries and transportation, Shell said in an annual report on Tuesday.
Reuters
Tue, Feb 25
DOGE job cuts could number one million – Torsten Sløk, chief economist at Apollo Global says
Torsten Sløk, chief economist at Apollo Global Management, predicts the layoffs from Elon Musk’s Department of Government Efficiency (DOGE) could reach one million jobs. He warns that early estimates of 300,000 layoffs fail to account for the broader impact on federal contractors.Cryptopolitan
Tue, Feb 25
