News
Important Only
Former Trump adviser Dina Powell McCormick named Meta's president
Meta aligns with Trump, hires former officials for key rolesMcCormick spent 16 years at Goldman SachsMeta's AI investments face challenges after Llama 4 model's poor receptionBy Courtney Rozen and Jaspreet Singh Jan 12 (Reuters) - Meta Platforms META.O on Monday named former Trump adminis...Reuters
Mon, Jan 12
Eagle Point Credit Company Inc - For Quarter Ended December 31, 2025, Nii Estimated Between $0.22 And $0.26 Per Share
Jan 12 (Reuters) - SEC Filing:EAGLE POINT CREDIT COMPANY INC - FOR QUARTER ENDED DECEMBER 31, 2025, NII ESTIMATED BETWEEN $0.22 AND $0.26 PER SHARESource text: [ID:n0001104659-26-002934]Reuters
Mon, Jan 12
Citigroup set to cut about 1,000 jobs this week, source says
Jan 12 (Reuters) - Citigroup C.N is set to cut about 1,000 jobs this week, a source familiar with the matter told Reuters on Monday, as part of a plan announced two years ago to reduce the workforce by 20,000 by the end of this year.The New York-based bank had about 229,000 full-time employees as of...Reuters
Mon, Jan 12
Venezuela says 116 prisoners released, rights groups cite much lower figures
Rights groups report fewer releases than government claimsFamilies await releases, some sleep outside prisonsMachado seeks Vatican's help for prisoner releases Jan 12 (Reuters) - Venezuela's government said on Monday that 116 prisoners have so far been released as part of process announce...Reuters
Mon, Jan 12
GM CEO says EVs still the 'end game' despite industry pullback
GM adapts product plans due to regulatory shiftsBarra emphasizes EVs as superior product despite challengesAutomakers, including Ford, pull back from EV investmentsBy Nora Eckert and Kalea Hall DETROIT, Jan 12 (Reuters) - General Motors GM.N CEO Mary Barra said the Trump administration’s push to ...Reuters
Mon, Jan 12
Eagle Point Income Co Inc - Net Asset Value Per Share As Of Dec 31, 2025 Estimated Between $13.25 And $13.35 - SEC Filing
Jan 12 (Reuters) - SEC Filing:EAGLE POINT INCOME CO INC - NET ASSET VALUE PER SHARE AS OF DEC 31, 2025 ESTIMATED BETWEEN $13.25 AND $13.35 - SEC FILINGSource text: [ID:n0001104659-26-002938]Reuters
Mon, Jan 12
US invests in counter-drone tech to protect FIFA World Cup venues
By David Jeans Jan 12 (Reuters) - The U.S. will invest $115 million in counter-drone measures to bolster security around the FIFA World Cup and America’s 250th Anniversary celebrations, the Department of Homeland Security said on Monday, the latest sign of governments stepping up drone defenses.T...Reuters
Mon, Jan 12
Postmedia Reports First Quarter Results
Jan 12 (Reuters) - Postmedia Network Canada Corp PNCa.TO:POSTMEDIA REPORTS FIRST QUARTER RESULTSPOSTMEDIA NETWORK CANADA Q1 REVENUE CAD 111.875 MILLIONPOSTMEDIA NETWORK CANADA Q1 OPERATING INCOME CAD 164 THOUSANDPOSTMEDIA NETWORK CANADA Q1 NET INCOME CAD -20.379 MILLIONFurther company coverage: [PNC...Reuters
Mon, Jan 12
Travere Therapeutics Provides Corporate Update And 2026 Outlook
Jan 12 (Reuters) - Travere Therapeutics Inc TVTX.O:TRAVERE THERAPEUTICS PROVIDES CORPORATE UPDATE AND 2026 OUTLOOKTRAVERE THERAPEUTICS INC - EXPECTS $127 MILLION U.S. NET PRODUCT SALES IN Q4 2025TRAVERE THERAPEUTICS INC - EXPECTS $410 MILLION U.S. NET PRODUCT SALES FOR 2025TRAVERE THERAPEUTICS INC -...Reuters
Mon, Jan 12
Sunpower Inc - And White Lion Capital Amend Stock Purchase Agreement , Dated July 16, 2024- SEC Filing
Jan 12 (Reuters) - SEC Filing:SUNPOWER INC - AND WHITE LION CAPITAL AMEND STOCK PURCHASE AGREEMENT , DATED JULY 16, 2024- SEC FILINGSUNPOWER INC - COMMITMENT PERIOD EXTENDED TO DECEMBER 31, 2027 - SEC FILINGSUNPOWER INC - COMMITMENT AMOUNT INCREASED TO $55,000,000 - SEC FILINGSource text: [ID:n00012...Reuters
Mon, Jan 12
Optimum Communications Inc - Cablevision Litchfield And Csc Optimum Enter Amended Credit Agreement - SEC Filing
Jan 12 (Reuters) - SEC Filing:OPTIMUM COMMUNICATIONS INC - CABLEVISION LITCHFIELD AND CSC OPTIMUM ENTER AMENDED CREDIT AGREEMENT - SEC FILINGOPTIMUM COMMUNICATIONS INC - AGREEMENT INCLUDES $1,100 MILLION TERM LOAN COMMITMENT - SEC FILINGSource text: [ID:n0001104659-26-002909]Reuters
Mon, Jan 12
Acer Has Filed Separate Patent Infringement Lawsuits Against At&T, Verizon, And T-Mobile
Jan 12 (Reuters) - AT&T Inc T.N:ACER HAS FILED SEPARATE PATENT INFRINGEMENT LAWSUITS AGAINST AT&T, VERIZON, AND T-MOBILEACER: LAWSUITS SEEKING COMPENSATION FOR CELLULAR COMPANIES' USE OF ACER TECHNOLOGY PROTECTED BY SIX U.S. PATENTSReuters
Mon, Jan 12
German Foreign Minister Wadephul says NATO allies must work together
Wadephul says security comes through cooperationTensions rise over U.S. aims toward GreenlandTrump says Greenland is vital for U.S. securityWadephul emphasizes NATO's role in Ukraine peace effortsBy Alexander Ratz WASHINGTON, Jan 12 (Reuters) - German Foreign Minister Johann Wadephul said on ...Reuters
Mon, Jan 12
Blank Check Company Krakacquisition Corp Files For IPO Of $250 Million - SEC Filing
Jan 12 (Reuters) - SEC Filing:BLANK CHECK COMPANY KRAKACQUISITION CORP FILES FOR IPO OF $250 MILLION - SEC FILINGKRAKACQUISITION CORP WILL APPLY TO HAVE UNITS LISTED ON NASDAQ UNDER THE SYMBOL “KRAQU”KRAKACQUISITION CORP - SANTANDER IS UNDERWRITER TO IPOSource text: [ID:n0001140361-26-000997]Further...Reuters
Mon, Jan 12
US Supreme Court rejects challenge to $2.46 billion Boy Scouts sex abuse settlement
Challenge was made by a group of 75 abuse survivorsSettlement was reached in bankruptcy court in 2022By Dietrich Knauth Jan 12 (Reuters) - The U.S. Supreme Court declined on Monday to hear a challenge to the Boy Scouts of America's landmark $2.46 billion settlement of sex abuse claims in a ca...Reuters
Mon, Jan 12
Severe staffing shortages expected at New York hospitals as 15,000 nurses go on strike
By Maria Tsvetkova and Aleksandra MichalskaNEW YORK, Jan 12 (Reuters) - New York City nurses walked out of 10 major private hospitals across the city on Monday to demand increased staffing, funding of health benefits and protection from workplace violence often coming from patients.Mayor Zohran Mamd...Reuters
Mon, Jan 12
