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FACTBOX-How hard have US agencies been hit by Trump and Musk's layoffs?
Adds Social Security Administration and Justice Department, more detail on cuts to career workers, cuts to EPA's budget Feb 27 (Reuters) - U.S. President Donald Trump and billionaire Elon Musk are undertaking a sweeping campaign to slash the size of the 2.3 million-strong civilian federal wor...
Reuters
Thu, Feb 27
EXCLUSIVE-Aerospace industry scrambles to deal with fallout from huge US factory fire
Analysts warn SPS Technologies fire could strain industry's outputBoeing, Safran query suppliers over exposure to Pennsylvania fire GE Aerospace looking at alternative sites and backup suppliersAirbus says it expects limited effects on its outputBy Allison Lampert and Tim Hepher Feb 27 (Reute...
Reuters
Thu, Feb 27
Deals of the day-Mergers and acquisitions
Adds: Arthur J Gallagher, NFP, Prada, Greek Alpha Bank and Monte dei Paschi Feb 27 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Thursday:** Italian tycoon Francesco Gaetano Caltagirone has increased his stake in Banca Monte dei Paschi (MPS) BMPS...
Reuters
Thu, Feb 27
Fintech dLocal posts fourth-quarter net profit up 4%
Feb 27 (Reuters) - Uruguayan fintech dLocal DLO.O on Thursday announced a fourth-quarter net profit of $29.7 million, up 4% from a year earlier but landing below the $44.7 million estimate of analysts polled by LSEG, with the boost partly driven by stronger volumes in Egypt.Revenues for the payments...
Reuters
Thu, Feb 27
Dell forecasts full-year profit above estimates
Feb 27 (Reuters) - Dell Technologies DELL.N forecast annual profit above Wall Street estimates on Thursday, while projecting full-year revenue that was in line with market expectations, in a sign of intense jostling in the AI server market.The company faces tough competition from rival PC makers suc...
Reuters
Thu, Feb 27
Duolingo forecasts annual revenue above estimates on strong adoption of AI features
By Akash SriramFeb 27 (Reuters) - Language learning app Duolingo DUOL.O forecast annual revenue above Wall Street expectations on Thursday, anticipating a stronger adoption of its subscription tier featuring artificial intelligence capabilities.The company operates a "freemium" model, provid...
Reuters
Thu, Feb 27
Norfolk Southern wins dismissal of bondholder lawsuit over 2023 Ohio derailment
Adds details from decision, accusations, efforts to obtain comment, financial impact of derailment, paragraphs 2-9; adds case citation, bylineBy Jonathan Stempel NEW YORK, Feb 27 (Reuters) - A federal judge on Thursday dismissed a lawsuit accusing Norfolk Southern NSC.N of causing hundreds of mil...
Reuters
Thu, Feb 27
UK's Starmer, Trump to work on economic deal with AI at its core
Adds quotes in paragraphs 2-3WASHINGTON, Feb 27 (Reuters) - British Prime Minister Keir Starmer said on Thursday that he would work with U.S. President Donald Trump on a new economic deal with advanced technology such as artificial intelligence at its core."Instead of over regulating these new t...
Reuters
Thu, Feb 27
FCC chair opens probe into diversity practices at Verizon
WASHINGTON, Feb 27 (Reuters) - Federal Communications Commission chair Brendan Carr on Thursday opened a probe into diversity practices at Verizon VZ.N and raised the telecommunications company's ongoing effort to purchase Frontier Communications FYBR.O.Carr earlier this month told NBC News-pare...
Reuters
Thu, Feb 27
UK's Starmer discussed 'tough and fair' Ukraine peace deal with Trump
Adds quote in paragraph 2 and 3WASHINGTON, Feb 27 (Reuters) - British Prime Minister Keir Starmer said on Thursday he had discussed with U.S. President Donald Trump a Ukraine peace deal that would be tough and fair, and that Britain was prepared to put boots on the ground and planes in the air to su...
Reuters
Thu, Feb 27
UK's Starmer, Trump to work on economic deal with AI at its core
WASHINGTON, Feb 27 (Reuters) - British Prime Minister Keir Starmer said on Thursday that he would work with U.S. President Donald Trump on a new economic deal with advanced technology such as artificial intelligence at its core.
Reuters
Thu, Feb 27
Calif bar exam 'fiasco' this week needs court intervention, law deans say
By Karen Sloan Feb 27 (Reuters) - The Supreme Court of California needs to intervene to help bar exam takers following the chaotic rollout of the state's new test this week, several California law school deans said on Thursday.Widespread problems plagued the administration of the attorney lic...
Reuters
Thu, Feb 27
UK Starmer discussed 'tough and fair' Ukraine peace deal with Trump
WASHINGTON, Feb 27 (Reuters) - British Prime Minister Keir Starmer said on Thursday he had discussed with U.S. President Donald Trump a Ukraine peace deal that would be tough and fair, and that Britain was prepared to put boots on the ground and planes in the air to support it.
Reuters
Thu, Feb 27
Democratic FCC commissioner says agency seeking to 'bully' broadcasters
Adds more details from Gomez, FCC chair background in paragraphs 4-13By David Shepardson WASHINGTON, Feb 27 (Reuters) - A Democratic member of the Federal Communications Commission said on Thursday that the Republican-led agency is seeking to bully major U.S. broadcasters by reinstating a series ...
Reuters
Thu, Feb 27
US and Britain will have trade agreement, Trump says alongside Starmer
WASHINGTON, Feb 27 (Reuters) - The United States and Britain are negotiating a bilateral trade agreement, U.S. President Donald Trump told a joint news conference with UK Prime Minister Keir Starmer on Thursday."We're going to have a great trade agreement," Trump said. "We're goi...
Reuters
Thu, Feb 27
Golf-Later, gator: Horschel shoos alligator off PGA Tour course with club
NEW YORK, Feb 27 (Reuters) - Steely-nerved Billy Horschel grabbed his 60-degree wedge to chase an alligator off the course at the Cognizant Classic on Thursday, sending the scaly predator scampering into the water at the PGA National course in Palm Beach Gardens, Florida.The American had just putted...
Reuters
Thu, Feb 27
Industrial giant Copec posts Q4 profit up 15% on forestry boost
Updates with details from statementFeb 27 (Reuters) - Chilean industrial conglomerate Empresas Copec COPEC.SN on Thursday posted a profit for the last three months of 2024 that rose 15% thanks to larger pulp volumes and lower costs at its forestry unit, Arauco ANTCOC.UL.Arauco accounts for the bulk ...
Reuters
Thu, Feb 27
CANADA RESEARCH ROUNDUP-Fiera Capital, George Weston, Lundin Gold
Feb 27 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies including Fiera Capital, George Weston and Lundin Gold on Thursday. HIGHLIGHTS * Allied Gold Corp AAUC.TO: Stifel raises target price to C$6.75 from C$6.50 * Fiera Capital Corp FSZ.TO: Na...
Reuters
Thu, Feb 27
Starlink owner Musk wrongly accuses Verizon of faulty US aviation system
Recasts with new Musk tweet in paragraphs 1-2By David Shepardson and Mrinmay Dey WASHINGTON, Feb 27 (Reuters) - Billionaire presidential adviser Elon Musk on Thursday falsely accused Verizon, a rival contractor of his SpaceX Starlink system, of putting U.S. air safety at risk through a commun...
Reuters
Thu, Feb 27
BRIEF-Cyclacel Pharmaceuticals Says Datuk Dr.Doris Wong Sing Ee Elected As CEO & Executive Director
Feb 27 (Reuters) - Cyclacel Pharmaceuticals Inc CYCC.O:CYCLACEL PHARMACEUTICALS ANNOUNCES CLOSING OF A CHANGE OF CONTROL TRANSACTION AND APPOINTMENT OF NEW EXECUTIVE LEADERSHIPCYCLACEL PHARMACEUTICALS INC - DAVID LAZAR RESIGNS AS INTERIM CEO AND SECRETARYCYCLACEL PHARMACEUTICALS INC - DATUK DR. DORI...
Reuters
Thu, Feb 27
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