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JPMorgan files for private credit fund that allows 7.5% redemptions
March 26 (Reuters) - JPMorgan Chase JPM.N has filed with the U.S. Securities and Exchange Commission for a private credit fund that will allow investors to redeem 7.5% quarterly, as withdrawal pressures build across the industry.According to a prospectus on Wednesday, JPMorgan Public and Private Cre...Reuters
Thu, Mar 26
Meta, Nvidia, Roblox sued by 3D artist over AI training
By Blake BrittainMarch 26 (Reuters) - Meta Platforms META.O, Nvidia NVDA.O and Roblox RBLX.N were hit with proposed class action lawsuits in California federal court on Thursday by a digital artist who alleged that the companies misused millions of 3D models to train generative artificial intelligen...Reuters
Thu, Mar 26
THE DAY AHEAD-North America, March 27
To access a PDF version of this newsletter, please click hereYou can read The Day Ahead via TOPNEWS - U.S Companies or Canada page.If you would like to receive this newsletter through your email,please register at: https://solutions.lseg.com/TDA-subscription-pageFor Morning News Call U.S. -- a previ...Reuters
Thu, Mar 26
Rani Therapeutics' net loss narrows in Q4 as costs fall
OverviewU.S. biotherapeutics developer's Q4 net loss narrowed as operating expenses declinedCompany completed $60.3 mln private placement and entered $1.085 bln Chugai collaborationCompany repaid all outstanding debt, strengthening balance sheetOutlookCompany expects cash reserves to fund operat...Reuters
Thu, Mar 26
Dutch court rules against Grok over AI-generated 'undressing' images in rare legal rebuke
Court imposes 100,000 euro daily fines xAI argued inability to prevent all misuse of toolsCourt bans Grok from social media platform X during non-compliance AMSTERDAM, March 26 (Reuters) - A Dutch court on Thursday ordered Elon Musk's xAI and chatbot Grok not to generate and distribute images...Reuters
Thu, Mar 26
World Bank to provide financial aid to countries affected by Middle East war
WASHINGTON, March 26 (Reuters) - The World Bank Group said on Thursday it will support client governments as they deal with challenges caused by the Middle East conflict, including increases in energy costs, by leveraging fast-disbursing policy financing instruments.The development lender said in a ...Reuters
Thu, Mar 26
Runway reopens at New York's LaGuardia after fatal collision
By David ShepardsonWASHINGTON, March 26 (Reuters) - One of two runways that has been closed since Sunday night at LaGuardia Airport after a fatal collision between an Air Canada Express plane and fire truck reopened Thursday ahead of schedule, the Port Authority of New York and New Jersey said.The F...Reuters
Thu, Mar 26
SKYX Platforms slightly misses Q4 revenue estimates
OverviewU.S. smart home tech firm's Q4 revenue slightly missed analyst expectations, full-year revenue grewGross profit for 2025 increased 13% yr/yr to $28 mlnCompany raised $29 mln in Q1 2026 to support growth initiativesOutlookSKYX expects continued growth in 2026 to advance its path to cash-f...Reuters
Thu, Mar 26
Howard University defeats white law student's discrimination claims
By Karen Sloan March 26 (Reuters) - A federal judge on Wednesday threw out discrimination and breach of contract claims brought against Washington, D.C.'s Howard University Law School by a white law student who was expelled from the historically Black institution in 2022.Judge Trevor McFadden...Reuters
Thu, Mar 26
Arcadia Biosciences' Q4 revenue falls 26%, net loss narrows
OverviewU.S. wellness products maker's Q4 revenue fell 26% yr/yr due partly to lower Zola and absence GLA oil salesNet loss attributable to common stockholders narrowed, helped by lower SG&A expensesRoosevelt Resources ended proposed merger with Arcadia; co raised $2.1 mln via preferred opti...Reuters
Thu, Mar 26
Bill Maher to receive Mark Twain comedy prize at Kennedy Center in Washington
By Lisa Richwine LOS ANGELES, March 26 (Reuters) - Comedian Bill Maher, a frequent critic of U.S. President Donald Trump, will receive the Mark Twain Prize for American Humor at Washington's Kennedy Center in June, the venue announced on Thursday.Maher has hosted "Real Time with Bill Mahe...Reuters
Thu, Mar 26
FAA investigating close call between United jet, Army helicopter
WASHINGTON, March 26 (Reuters) - The Federal Aviation Administration said on Thursday it was investigating a close call between a United Airlines jet and an Army Black Hawk helicopter in California.The FAA said the United Boeing 737 jet on Tuesday at 8:40 p.m. was on approach to John Wayne Airport i...Reuters
Thu, Mar 26
INNOVATE Q4 revenue jumps 61.7%, net loss narrows
OverviewUS diversified holding company reported Q4 revenue up 61.7% yr/yr, driven by Infrastructure segmentQ4 net loss narrowed to $7.8 mln from $16.9 mln a year earlierAdjusted EBITDA for Q4 rose to $24.5 mln from $15.0 mln yr/yrOutlookCompany says DBMG backlog of $1.8 bln supports revenue visibili...Reuters
Thu, Mar 26
Newsmax Q4 revenue rises on strength in broadcasting segment
OverviewU.S. cable news broadcaster's Q4 revenue rose 9.6% yr/yrCompany posted Q4 net loss of $3 mln, narrower than prior yearNewsmax forecasts 2026 revenue growth of about 13% at midpoint of guidanceOutlookNewsmax sees 2026 revenue between $212 mln and $216 mln, up 13% at midpointCompany expect...Reuters
Thu, Mar 26
Blink Charging Q4 revenue misses estimates
OverviewEV charging equipment provider's Q4 2025 revenue declined and missed analyst expectationsAdjusted EPS for Q4 2025 met analyst expectationsOutlookBlink Charging expects 2026 revenue between $105 mln and $115 mlnCompany sees 2026 gross margin at approximately 35%Company anticipates signifi...Reuters
Thu, Mar 26
CV Sciences Q4 sales fall
OverviewU.S. hemp extracts seller's Q4 sales declined yr/yr due to lower volumes and regulatory challengesCompany posted positive adjusted EBITDA in Q4, driven by reduced operating expenses and higher marginsCV Sciences completed debt restructuring in Q1 2026 to strengthen financial positionOutl...Reuters
Thu, Mar 26
Wrap Technologies Q4 gross revenue rises, net loss narrows
OverviewU.S. non-lethal response tech firm's Q4 gross revenue rose 62% yr/yr, driven by product salesQ4 operating expenses fell 7% yr/yr as company launched new products and expanded marketsQ4 net loss narrowed 48% yr/yr, aided by revenue growth and margin expansionOutlookWrap targets approximat...Reuters
Thu, Mar 26
EU reaches deal to fine online platforms importing products deemed unsafe
PARIS, March 26 (Reuters) - The European Union has reached an informal agreement to fine online platforms importing unsafe products, in a move which it said was aimed at tackling cheap and possibly unsafe Chinese goods entering the EU via platforms such as Temu and Shein.The European Parliament and ...Reuters
Thu, Mar 26
Meta boosts Texas AI data center investment to $10 billion
March 26 (Reuters) - Meta META.O said on Thursday it is increasing investment in its El Paso, Texas AI data center to $10 billion, a more than sixfold jump, as it aims to hit 1-gigawatt capacity ahead of the facility's projected opening in 2028.The social media giant in October had committed an ...Reuters
Thu, Mar 26
