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Democratic senator urges Trump Commerce nominee to take hard line on China
WASHINGTON, Feb 26 (Reuters) - A senior Democratic senator on Wednesday urged President Donald Trump's nominee to lead the Commerce Department's Bureau of Industry and Security to take a tough line on China, citing Chinese startup DeepSeek's artificial intelligence technology.Senator Eli...Reuters
Wed, Feb 26
Tesla wins ruling to limit damages in US lawsuit over Autopilot crash
By Mike Scarcella Feb 26 (Reuters) - Elon Musk’s Tesla convinced a Florida appeals court on Wednesday to limit the damages it could be forced to pay in a wrongful death lawsuit accusing the electric vehicle company of misstating the capabilities of its cars’ Autopilot system.The 4th District Cour...Reuters
Wed, Feb 26
urban-gro Inc expected to post a loss of 15 cents a share - Earnings Preview
urban-gro Inc UGRO.OQ UGRO.O is expected to show a fall in quarterly revenue when it reports results on February 28 (estimated) for the period ending June 30 2024The Lafayette Colorado-based company is expected to report a 4.3% decrease in revenue to $18.037 million from $18.84 million a year ago,...Reuters
Wed, Feb 26
Spire Global Inc expected to post a loss of 26 cents a share - Earnings Preview
Spire Global Inc SPIR.N, SPIR.K is expected to show a rise in quarterly revenue when it reports results on February 28 (estimated) for the period ending June 30 2024The Vienna Virginia-based company is expected to report a 14.2% increase in revenue to $30.242 million from $26.49 million a year ago...Reuters
Wed, Feb 26
Flux Power Holdings Inc expected to post a loss of 13 cents a share - Earnings Preview
Flux Power Holdings Inc FLUX.OQ FLUX.O is expected to show a fall in quarterly revenue when it reports results on February 28 (estimated) for the period ending September 30 2024The Vista California-based company is expected to report a 3.2% decrease in revenue to $14.324 million from $14.8 million...Reuters
Wed, Feb 26
Beyond Meat forecasts annual revenue below estimates
Feb 26 (Reuters) - Beyond Meat BYND.O forecast annual revenue below estimates on Wednesday, as faux meat products maker faces persistent demand weakness amid sticky inflation. For fiscal 2025, the company expects net revenue in the range of $320 million to $335 million, compared with analyst...Reuters
Wed, Feb 26
EBay forecasts quarterly revenue below expectations
Feb 26 (Reuters) - E-commerce firm eBay EBAY.O forecast first-quarter revenue below Wall Street estimates on Wednesday, signaling weak demand for products such as collector's items and refurbished goods. The company expects revenue in the range of $2.52 billion to $2.56 billion for the quarter, ...Reuters
Wed, Feb 26
Spyre Therapeutics Inc expected to post a loss of 99 cents a share - Earnings Preview
Spyre Therapeutics Inc SYRE.OQ SYRE.O is expected to show a rise in quarterly revenue when it reports results on February 28 (estimated) for the period ending December 31 2024The Waltham Massachusetts-based company is expected to report revenue of $2.1 million, according to the mean estimate from ...Reuters
Wed, Feb 26
Pactiv Evergreen Inc expected to post earnings of 37 cents a share - Earnings Preview
Pactiv Evergreen Inc PTVE.OQ PTVE.O is expected to show a rise in quarterly revenue when it reports results on February 28 (estimated) for the period ending December 31 2024The Lake Forest Illinois-based company is expected to report a 0.5% increase in revenue to $1.281 billion from $1.27 billion ...Reuters
Wed, Feb 26
NextTrip Inc expected to post a loss of 17 cents a share - Earnings Preview
NextTrip Inc NTRP.OQ NTRP.O is expected to report resultson February 28 (estimated) for the period ending February 28 2025The Santa Fe New Mexico-based company is expected to report revenue of $1.625 million, according to the estimate from one analyst, based on LSEG data.LSEG's mean analyst es...Reuters
Wed, Feb 26
Middlesex Water Co expected to post earnings of 37 cents a share - Earnings Preview
Middlesex Water Co MSEX.OQ MSEX.O is expected to show a rise in quarterly revenue when it reports results on February 28 for the period ending December 31 2024The Iselin New Jersey-based company is expected to report a 11.4% increase in revenue to $43 million from $38.6 million a year ago, accordi...Reuters
Wed, Feb 26
Trump expected to sign another DOGE-related executive order, Semafor reports
WASHINGTON, Feb 26 (Reuters) - U.S. President Donald Trump is expected to sign another executive order on Wednesday related to cost-cutting efforts by the Department of Government Efficiency, Semafor reported.Reuters
Wed, Feb 26
Salesforce forecasts annual revenue below estimates
Feb 26 (Reuters) - Business software provider Salesforce CRM.N forecast fiscal 2026 revenue below Wall Street expectations on Wednesday, weighed down by slower adoption of its artificial intelligence agent platform.The company expects revenue to be between $40.5 billion and $40.9 billion, compared t...Reuters
Wed, Feb 26
Algoma Steel Group Inc expected to post a loss of 81 cents a share - Earnings Preview
Algoma Steel Group Inc ASTL.OQ, ASTL.O is expected to show a fall in quarterly revenue when it reports results on February 28 (estimated) for the period ending December 31 2024The Sault Ste. Marie Ontario-based company is expected to report a 1.6% decrease in revenue to C$605.633 million from C$61...Reuters
Wed, Feb 26
Paramount Global misses quarterly revenue estimates on continued cable TV declines
Feb 26 (Reuters) - Paramount Global PARA.O fell short of Wall Street's fourth-quarter revenue expectations on Wednesday as a continued decline in its cable TV unit clouded higher-than-expected subscriber growth for its Paramount+ streaming platform. Media giants are reshaping their business stra...Reuters
Wed, Feb 26
Arctic Wolf: Data theft involved in 96% of ransomware cases as threat tactics evolve
By Mia MacGregorFeb 26 - (The Insurer) - Ninety-six percent of ransomware cases now involve data theft as threat actors evolve in response to stronger backup and restoration capabilities, according to a new report from Arctic Wolf.The 2025 Threat Report, based on data from hundreds of global digital...Reuters
Wed, Feb 26
Nelson Peltz's Trian to push Solventum to further simplify business, WSJ reports
Adds Trian statement in paragraph 3 Feb 26 (Reuters) - Activist investor Nelson Peltz's Trian Fund Management plans to push Solventum SOLV.N for further business separations following the company's $4.1 billion filtration unit sale, the Wall Street Journal reported on Wednesday, citing pe...Reuters
Wed, Feb 26
Canada deports more people, predominantly those rejected for refugee status
Canada deported more people last year than at any point since at least 2015About 79% of those deported last year through November 19, 2024 were failed refugee claimantsRefugee lawyers say people being deported while appealing casesBy Anna Mehler Paperny TORONTO, Feb 26 (Reuters) - Canada deported...Reuters
Wed, Feb 26
Goodyear, Bridgestone, other tiremakers defeat price-fixing lawsuits
By Mike Scarcella Feb 26 (Reuters) - Goodyear, Bridgestone and four other tire manufacturers have persuaded a U.S. judge to dismiss class-action lawsuits accusing them of conspiring to overcharge consumers and businesses in the multibillion-dollar market for replacement tires.U.S. Chief District ...Reuters
Wed, Feb 26
