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New York man charged in investment fraud, admitted 'I am fake' in recording, authorities say
By Jonathan StempelNEW YORK, Feb 26 (Reuters) - A New York City man was charged by federal and local authorities on Wednesday with stealing millions of dollars for his firm Never Alone Capital LLC, even as he created an audio recording where he described himself as a failure and his firm as fake.Ala...Reuters
Wed, Feb 26
Exclusive: Workers comp insurtech CompScience raises $27.6 million in Sands Capital-led Series B
By James ThalerFeb 26 - (The Insurer) - Workers compensation-focused insurtech MGA CompScience has raised $27.6 million in a Series B funding round led by Sands Capital and supported by Four More Capital, Working Capital and Valor Equity Partners that is aimed at expanding its market reach.San Franc...Reuters
Wed, Feb 26
US to announce 25% tariff on EU very soon, Trump says
Recasts paragraph 1 and headline with tariff rate, adds quote in paragraph 2 and background in paragraph 3Feb 26 (Reuters) - U.S. President Donald Trump said on Wednesday that his administration will soon announce a 25% tariff on imports from the European Union."We have made a decision, and we&#...Reuters
Wed, Feb 26
US fund firms face fresh probe by lawmakers over climate group roles
By Simon Jessop and Ross Kerber Feb 26 (Reuters) - Leading U.S. asset managers have been asked by Republican lawmakers to detail their role in a planned overhaul of the sector's top climate coalition amid concern its efforts amount to collusion, letters to the firms seen by Reuters showed.Th...Reuters
Wed, Feb 26
US tells New York City it must end congestion pricing by March 21
Feb 26 (Reuters) - New York City must end its congestion pricing program by March 21, the Trump administration said in a letter made public on Wednesday.Last week, the Transportation Department said it was rescinding federal approval of New York City's congestion pricing program designed to redu...Reuters
Wed, Feb 26
US judge briefly extends reinstatement of watchdog fired by Trump
WASHINGTON, Feb 26 (Reuters) - A U.S. judge on Wednesday briefly extended an order reinstating the head of a federal watchdog agency responsible for protecting whistleblowers who had challenged his firing by President Donald Trump.Reuters
Wed, Feb 26
BRIEF-Partners Value Split Corp. Increases Size Of Public Offering Of Class AA Preferred Shares, Series 15 To $200 Mln
Feb 26 (Reuters) - Partners Value Split Corp PVS_pg.TO:PARTNERS VALUE SPLIT CORP. INCREASES SIZE OF PUBLIC OFFERING OF CLASS AA PREFERRED SHARES, SERIES 15 TO $200 MILLIONSource text: ID:nGNX7P8C4wFurther company coverage: [PVS_pg.TO]Reuters
Wed, Feb 26
US tariff plan would lead to serious trade conflict with EU, Norway PM says
HELSINKI, Feb 26 (Reuters) - U.S. President Donald Trump's stated plan of imposing a 25% tariff on exports from the European Union to the United States would result in a serious trade conflict, Norway's Prime Minister Jonas Gahr Store told news agency NTB on Wednesday.Norway is not a member ...Reuters
Wed, Feb 26
Macron to join Starmer for talks with other leaders in London Sunday, Elysee says
PARIS, Feb 26 (Reuters) - French President Emmanuel Macron will go to London on Sunday at the invitation of Prime Minister Keir Starmer, the Elysee palace said on Wednesday.An Elysee source said Macron will attend a gathering of European leaders in London. Starmer said earlier on Wednesday he will h...Reuters
Wed, Feb 26
Nelson Peltz's Trian to push Solventum to further simplify business, WSJ reports
Feb 26 (Reuters) - Activist investor Nelson Peltz's Trian Fund Management plans to push Solventum SOLV.N to separate more of its businesses after the company's $4.1 billion deal to sell its filtration unit, the Wall Street Journal reported on Wednesday, citing people familiar with the matter...Reuters
Wed, Feb 26
White House bars AP, Reuters and other media from covering Trump cabinet meeting
By James Oliphant WASHINGTON, Feb 26 (Reuters) - The White House on Wednesday denied reporters from Reuters and other news organizations access to President Donald Trump’s first cabinet meeting in keeping with the administration’s new policy regarding media coverage. The White House denied access...Reuters
Wed, Feb 26
NFL-Game-day daycare boosts players' satisfaction, NFLPA survey shows
By Amy Tennery NEW YORK, Feb 26 (Reuters) - More NFL teams are investing in daycare programs and other family services, driving up player satisfaction, the NFLPA said on Wednesday, as it released the annual team report cards.The third edition of the survey, completed by 1,695 respondents, ranks t...Reuters
Wed, Feb 26
BRIEF-Nelson Peltz's Trian To Push Solventum To Further Simplify Business- WSJ
Feb 26 (Reuters) - NELSON PELTZ’S TRIAN TO PUSH SOLVENTUM TO FURTHER SIMPLIFY BUSINESS- WSJACTIVIST INVESTOR TRIAN FUND MANAGEMENT PLANS TO PUSH SOLVENTUM TO SEPARATE MORE OF ITS BUSINESSES- WSJSource text: https://tinyurl.com/25fnhq8uFurther company coverage: SOLV.NReuters
Wed, Feb 26
Trump orders termination of oil deal with Venezuela
WASHINGTON, Feb 26 (Reuters) - U.S. President Donald Trump on Wednesday announced a reversal of concessions given to Venezuela on an oil transaction agreement by his predecessor Joe Biden.Trump, in a post on Truth Social, said he has ordered that the agreement dated November 26, 2022 be terminated &...Reuters
Wed, Feb 26
Alphabet's Google cuts some cloud division staff, Bloomberg reports
Feb 26 (Reuters) - Alphabet's GOOGL.O Google cut employees in its cloud division, Bloomberg News reported on Wednesday, citing people familiar with the matter.The size of the layoffs or how many workers have been affected was undetermined, Bloomberg said, adding that the round of cuts impacted o...Reuters
Wed, Feb 26
US examining whether UK's encryption demand on Apple broke data treaty
Adds quote from letter, background on Apple and encryption in paragraphs 3-8; bylineBy Stephen Nellis Feb 26 (Reuters) - U.S. officials are examining whether the UK broke a bilateral agreement by reportedly demanding that Apple AAPL.O build a "backdoor" allowing the British government...Reuters
Wed, Feb 26
UBS capital rules face long delay as government changes tack on key metric
Adds comment from UBS, paragraphs 4-5By Ariane Luthi and Oliver Hirt ZURICH, Feb 26 (Reuters) - New banking rules for UBS UBSG.S could face a long delay after Switzerland's finance ministry on Wednesday said it wanted lawmakers to decide on key capital requirements and that a referendum to ap...Reuters
Wed, Feb 26
