News
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Deals of the day-Mergers and acquisitions
Feb 3 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1500 GMT on Tuesday: Activist investor Donerail Group said it had submitted a non-binding indicative proposal to acquire MarineMax at $35 per share, in an all-cash deal that would value the s...Reuters
Tue, Feb 3
Olympics-Snowboarding-American Gerard seeks his 17-year-old self at third Winter Games
After winning gold in 2018, he missed following Olympic podiumsSnowboarding competition intensifies with global talentGerard expected to compete in slopestyle and big air By Giulia Segreti and Lisa RichwineLIVIGNO, Italy, Feb 3 - American Red Gerard is going into his third Olympic Games trying to re...Reuters
Tue, Feb 3
German voice actors boycott Netflix over AI training concerns
By Miranda Murray BERLIN, Feb 3 (Reuters) - German voice actors have launched a grassroots boycott against Netflix NFLX.O over a contract clause that allows the streaming platform to use their recordings for AI training, a spokesperson for the VDS voice actors' association told Reuters.Netfli...Reuters
Tue, Feb 3
Wingtech Shanghai filing says CFO resigns for personal reasons
AMSTERDAM, Feb 3 (Reuters) - Chinese electronics company Wingtech 600745.SS said in a Shanghai Stock Exchange filing that its chief financial officer Zhang Yanru had resigned, citing personal reasons.The filing was signed by Wingtech's board of directors and dated January 31, the day after the c...Reuters
Tue, Feb 3
Martin Shkreli countersues over unique Wu-Tang Clan album
'Pharma Bro' sues PleasrDAO, Wu-Tang's RZA, producerShkreli claims 50% stake in 'Shaolin' albumPleasrDAO accused Shkreli of making copiesPleasrDAO lawyer expects rejection of countersuitBy Jonathan Stempel NEW YORK, Feb 3 (Reuters) - Martin Shkreli, the convicted former pharma...Reuters
Tue, Feb 3
US homebuilders working on plan to develop as many as 1 million ‘Trump Homes,' Bloomberg News reports
Feb 3 (Reuters) - Homebuilders are working on a proposal to develop nearly a million "Trump Homes" that would address the US affordability crisis, Bloomberg News reported on Tuesday.Reuters
Tue, Feb 3
US Senate committee to hold hearing with NTSB chair on deadly mid-air collision
WASHINGTON, Feb 3 (Reuters) - The U.S. Senate Commerce Committee plans to hold a Feb. 12 hearing with the head of the National Transportation Safety Board after the agency found a series of systemic failures by the Federal Aviation Administration led to a devastating mid-air collision that killed 67...Reuters
Tue, Feb 3
Olympics-Curling-Married mixed doubles teams balance demands of competition with family life
Curling is a lifestyle for Norway's Skaslien and NedregottenCanada's Gallant and Peterman take different approachFamily support crucial for curlers during competitionsBy Aadi NairCORTINA D'AMPEZZO, Italy, Feb 3 (Reuters) - In mixed doubles tournaments, where just two curlers must work to...Reuters
Tue, Feb 3
UK's Mandelson set to retire from parliament's upper house over Epstein ties
LONDON, Feb 3 (Reuters) - Britain's former U.S. ambassador Peter Mandelson intends to retire from the upper house of parliament, the chamber's speaker said on Tuesday. The announcement follows new revelations about Mandelson's links to Jeffrey Epstein. House of Lords speaker Micha...Reuters
Tue, Feb 3
US SEC Chairman Atkins says co-operation with counterparts abroad is "vital"
BRUSSELS , Feb 3 (Reuters) - Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), on Tuesday stressed the importance of working with markets regulators abroad."I think it's vital that we co-operate with our counterparts abroad," Atkins said during a fintech and reg...Reuters
Tue, Feb 3
SpaceX grounds Falcon 9 flights after second-stage issue
By Joey Roulette Feb 3 (Reuters) - Elon Musk's SpaceX has paused flights of its workhorse Falcon 9 rocket over an unspecified issue that its second stage experienced after successfully deploying Starlink satellites into orbit on Monday, the company said.After the two-stage Falcon 9 delivered ...Reuters
Tue, Feb 3
First Pacific Bancorp Q4 net income rises yr/yr
OverviewCalifornia community bank's Q4 net income rose yr/yr to $558,000Company's total assets grew to $490 mln, up $57 mln from end of 2024Closed $7 mln senior debt financing to enhance liquidityOutlookCompany focuses on driving sustained profitability and enhancing shareholder valueFirst P...Reuters
Tue, Feb 3
First Financial Q4 net income rises 33% yr/yr
OverviewFirst Financial's Q4 net income rose to $21.5 mln from $16.2 mln yr/yrNet interest income reached a record $60.6 mln, with margin at 4.66%Company achieved ninth consecutive quarter of loan growth, surpassing $4 blnOutlookCompany did not provide specific guidance for future quarters or th...Reuters
Tue, Feb 3
URGENT-Olympics-Vonn confident she can take part in Milano Cortina downhill despite serious knee injury
CORTINA D'AMPEZZO, ITALY, Feb 3 (Reuters) - Lindsey Vonn is confident she can take part in Sunday's Milano Cortina downhill event despite suffering a serious knee injury, the 2010 Olympic champion said on Tuesday.The 41-year-old American Alpine skier told a news conference she ruptured her a...Reuters
Tue, Feb 3
UK's Mandelson to quit House of Lords over Epstein ties, FT reports
LONDON, Feb 3 (Reuters) - Britain's former U.S. ambassador, Peter Mandelson, is set to quit the House of Lords, parliament's upper chamber, following new revelations about his links to Jeffrey Epstein, the Financial Times reported on Tuesday citing people familiar with the situation.Reuters
Tue, Feb 3
Starmer's government aids police probe into Mandelson's Epstein leaks
Government hands Mandelson material to the police Mandelson accused of leaking market sensitive materialStarmer says allegations are disgracefulBy Alistair Smout and Paul Sandle LONDON, Feb 3 (Reuters) - Prime Minister Keir Starmer's government has handed material to the police to investigate...Reuters
Tue, Feb 3
US Senator Kelly to ask judge to block Trump's 'retribution' campaign
By Jan WolfeWASHINGTON, Feb 3 (Reuters) - Lawyers for U.S. Senator Mark Kelly will ask a federal judge on Tuesday to block the Pentagon's proceedings to demote his retired Navy captain rank because he urged troops to reject unlawful orders.The court hearing, set for 4 p.m. ET in Washington, is a...Reuters
Tue, Feb 3
NEWSMAKER-Meet Josh D'Amaro, Mayor of Main Street USA and new Disney CEO
D'Amaro's leadership style likened to Bob Iger's affable approachTheme parks division generates over 70% of Disney's operating profitChallenges include declining TV business and rising production costsDisney shares down 40% over five years amid franchise strugglesD'Amaro's ca...Reuters
Tue, Feb 3
Rithm Capital gains after Q4 profit beats estimates
Shares of asset management company Rithm Capital RITM.N rise 5.65% to $11.41 after Q4 resultsCo posts Q4 adj. EPS of 74 cents, above analysts' estimates of 58 cents - data compiled by LSEGCompletes acquisitions of Crestline Management and Paramount GroupPiper Sandler says RITM results is a welco...Reuters
Tue, Feb 3
