News
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SoftBank in talks to invest up to $30 billion more in OpenAI, WSJ reports
Jan 27 (Reuters) - SoftBank 9984.T is in talks to invest up to an additional $30 billion in OpenAI, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.Reuters could not immediately verify the report.Reuters
Wed, Jan 28
Krakacquisition Corp Announces Pricing Of Upsized $300,000,000 Initial Public Offering
Jan 27 (Reuters) - KRAKACQUISITION CORP ANNOUNCES PRICING OF UPSIZED $300,000,000 INITIAL PUBLIC OFFERINGKRAKACQUISITION CORP: PRICING OF ITS INITIAL PUBLIC OFFERING OF 30,000,000 UNITS AT $10.00 PER UNITFurther company coverage: [ ]Reuters
Wed, Jan 28
Trump cites US investments by tractor maker John Deere
By Kanishka SinghWASHINGTON, Jan 27 (Reuters) - Farm-equipment maker Deere & Co DE.N is making a $70 million factory investment in North Carolina, U.S. President Donald Trump said in a speech on Tuesday, as the company stated it will open two new U.S.-based facilities, each creating 150 jobs.The...Reuters
Wed, Jan 28
Stride rises after upbeat Q2 results
Shares of edutech firm Stride LRN.N up 31.5% at $95.25 after the bellCo's Q2 revenue rises 7.5% YoY to $631.3 million vs analysts' avg. estimate of $627.9 million — data compiled by LSEG Q2 enrollments up 7.8%; revenue per enrollment up 1.8% Q2 adjusted earnings per share of $2.50 beats esti...Reuters
Wed, Jan 28
US names HIV, arthritis drugs for next Medicare price talks
Fifteen drugs targeted for Medicare price negotiations in 2028Industry opposes law, citing higher costs and fewer choices for seniorsSelected drugs accounted for $27 billion in spending, no generic alternativesBy Michael Erman and Deena BeasleyJan 27 (Reuters) - The U.S. government on Tuesday named ...Reuters
Wed, Jan 28
Delta orders 31 Airbus jets in latest long‑haul fleet upgrade
By Rajesh Kumar Singh CHICAGO, Jan 27 (Reuters) - Delta Air Lines DAL.N said on Tuesday it would purchase 31 Airbus AIR.PA widebody jets as part of a long-term plan to modernize its international fleet and support future growth as it focuses on demand from corporate and high-income travelers.The ...Reuters
Tue, Jan 27
BXP forecasts 2026 funds from operations below estimates amid industry-wide leasing slump
Jan 27 (Reuters) - Real estate investment trust BXP BXP.N, formerly known as Boston Properties, on Tuesday forecast annual funds from operations below Wall Street estimates, as the industry grapples with weak leasing demand amid broader macroeconomic uncertainty.The U.S. administration's changin...Reuters
Tue, Jan 27
Congress members blast Homeland Security chief Noem, Democrats threaten impeachment
Democrats demand Noem's firing over ICE shootingsTrump supports Noem, praises border securityHouse divided, Democrats need GOP support for impeachmentBy Richard Cowan, Nolan D. McCaskill and David Morgan WASHINGTON, Jan 27 (Reuters) - Democratic leaders in Congress and at least two Republ...Reuters
Tue, Jan 27
UN experts condemn US move to strip migrant children of legal aid
Deportations of unaccompanied migrant children breach obligation of non-refoulement, experts says White House assures migrants receiving full due processOver 600,000 unaccompanied migrant children have crossed U.S.-Mexico border since 2019By Jasper Ward Jan 27 (Reuters) - U.N. human rights expert...Reuters
Tue, Jan 27
Bank holding firm Sound Financial's Q4 net income rises
OverviewBank holding company's Q4 net income rose to $2.2 mln, up from $1.9 mln yr/yrCompany declared $0.21 per share cash dividendNonperforming loans rose to $5.8 mln, primarily well-securedOutlookSound Financial Bancorp anticipates commercial loan pipeline to support future growthCompany aims ...Reuters
Tue, Jan 27
Trump says another 'armada' floating towards Iran right now
WASHINGTON, Jan 27 (Reuters) - U.S. President Donald Trump said on Tuesday another U.S. "armada" was floating towards Iran and he hoped that Tehran made a deal with Washington."There is another beautiful armada floating beautifully towards Iran right now," Trump said in a speech."...Reuters
Tue, Jan 27
Citigroup rejects harassment claims against top executive, seeks to move case into arbitration
Citigroup sees no basis for Julia Carreon's sexual harassment claimsCarreon accused wealth chief Andy Sieg of harassing herLawyer for Carreon calls arbitration petition retaliatoryBy Jonathan Stempel NEW YORK, Jan 27 (Reuters) - Citigroup C.N on Tuesday forcefully rejected accusations by a fo...Reuters
Tue, Jan 27
Trump predicts interest rates will come down after he announces Fed chair pick
Jan 27 (Reuters) - U.S. President Donald Trump on Tuesday said he will soon announce his pick to serve as head of the Federal Reserve, and predicted interest rates would decline after the new chair takes over. "When we have a great Fed chairman, I think we're going to have one. I'll anno...Reuters
Tue, Jan 27
Surfing-Florence extends Championship Tour sabbatical
Jan 27 (Reuters) - Three-time World Champion John John Florence stunned the surfing world on Tuesday by revealing he will not return to competition on the 2026 Championship Tour, extending his sabbatical for a second successive year.The 33-year-old Hawaiian had previously announced a planned hiatus ...Reuters
Tue, Jan 27
BXP Q4 EPS beats estimates on gains from property sales
OverviewU.S. workplace developer's Q4 revenue rose 2.2%, beating analyst expectationsEPS for Q4 exceeded estimates, driven by gains from property salesFFO per share for Q4 missed expectations due to non-cash rent reserves and higher G&A costsOutlookBXP projects Q1 2026 EPS of $0.32 - $0.34 a...Reuters
Tue, Jan 27
Republican senator calls on homeland security chief Noem to resign
WASHINGTON, Jan 27 (Reuters) - Republican U.S. Senator Thom Tillis on Tuesday said Homeland Security Secretary Kristi Noem "should be out of a job" following the two fatal shootings by federal agents during immigration operations in Minnesota."What she's done in Minnesota should be d...Reuters
Tue, Jan 27
Colombian EPM sells stake in telecommunications firm UNE for $571 million
BOGOTA, Jan 27 (Reuters) - Colombian utility Empresas Publicas de Medellin (EPM) said on Tuesday that it has sold its entire stake in the telecommunications company UNE to the local subsidiary of Millicom MICC.F for 2.1 trillion pesos ($571.2 million).“The purchase offer submitted was equivalent to ...Reuters
Tue, Jan 27
Trump notes $70 million factory investment by tractor maker Deere in North Carolina
WASHINGTON, Jan 27 (Reuters) - Farm-equipment maker Deere & Co DE.N is making a $70 million factory investment in North Carolina, U.S. President Donald Trump said in a speech on Tuesday.Trump did not elaborate further on his comments but the company said in 2024 - when former President Joe Biden...Reuters
Tue, Jan 27
IMF board approves final review of Zambia's lending program, unlocking $190 million
Jan 27 (Reuters) - The executive board of the International Monetary Fund on Tuesday approved the sixth and final review of Zambia's extended credit facility, it said in a statement, paving the way for a disbursement of $190 million. The Southern African nation reached a $1.3 billion financing a...Reuters
Tue, Jan 27
