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Toymaker assesses next steps in US Supreme Court tariff refund battle
By Timothy Aeppel and Laura Matthews Feb 20 (Reuters) - Companies that hedged their bets by selling potential tariff refund claims to investors celebrated on Friday after the U.S. Supreme Court struck down President Donald Trump's sweeping emergency tariffs.Now comes the hard part."It’s a...Reuters
12 minutes ago
Law firms gird for tariff refund fight after Supreme Court ruling
By Mike Scarcella and David Thomas Feb 20 (Reuters) - After the U.S. Supreme Court ruled on Friday that President Donald Trump lacked authority to impose tariffs under a law meant for use in national emergencies, litigation is expected to turn to the U.S. Court of International Trade, where compa...Reuters
15 minutes ago
Trump says he has imposed 10% tariff on imports from all countries
Feb 20 (Reuters) - U.S. President Donald Trump said on Friday he has signed documents to impose a 10% tariff on imports from all countries, which will be "effective almost immediately." "It is my Great Honor to have just signed, from the Oval Office, a Global 10% Tariff on all Countries,...Reuters
20 minutes ago
TXNM Energy gets FERC approval for $11.5 billion Blackstone deal
Feb 20 (Reuters) - TXNM Energy TXNM.N on Friday said the U.S. Federal Energy Regulatory Commission (FERC) had authorized the company's acquisition by Blackstone Infrastructure BX.N.Last year, Blackstone agreed to acquire the utility company in an $11.5 billion deal, including debt.FERC concluded...Reuters
21 minutes ago
Olympics-Ice hockey-US rout Slovakia to set up final showdown with Canada
US comfortably beat SlovakiaCanada and US to meet in gold-medal finalTkachuk brothers finish game early after fightBy Trevor Stynes MILAN, Feb 20 (Reuters) - The United States made light work of Slovakia with a 6-2 victory on Friday to set up the eagerly awaited Olympic men's ice hockey fina...Reuters
26 minutes ago
OpenAI expects compute spend of around $600 billion through 2030, source says
Feb 20 (Reuters) - OpenAI is targeting roughly $600 billion in total compute spend through 2030, a source familiar with the matter told Reuters on Friday, as the ChatGPT maker lays groundwork for an IPO that could value it at up to $1 trillion.OpenAI's 2025 revenue totaled $13 billion, beating i...Reuters
27 minutes ago
Court allows Louisiana law requiring Ten Commandments in schools to take effect
5th Circuit Court overturns ruling, allows law to take effectPlaintiffs argue law violates First Amendment religious rightsDissenting judges criticize ruling as evading US Supreme Court precedentsBy Nate Raymond Feb 20 (Reuters) - A federal appeals court on Friday cleared the way for a Louisiana ...Reuters
30 minutes ago
Olympics-Ice hockey-NHL teammates become foes with gold on the line
By Giulio Piovaccari and Amy Tennery MILAN, Feb 21 (Reuters) - NHL alliances will be ripped apart in relentless pursuit of Olympic gold - for three periods, at least - as Canada and the United States face off in a dream championship game for National Hockey League fans on Sunday.Nearly 150 player...Reuters
34 minutes ago
WRAPUP 3-Trump furious after Supreme Court upends his global tariffs, vows new 10% levy
Trump says he is ashamed of certain members of US Supreme CourtTrump announces new blanket 10% tariff on imports from all countriesInvestors lament new dose of uncertaintyBy David Lawder, Andrew Chung and Jonathan Allen Feb 20 (Reuters) - U.S. President Donald Trump responded with fury to Friday&...Reuters
41 minutes ago
'Embarrassment to their families': Trump denounces Supreme Court justices after tariffs ruling
Trump blasts two justices he picked, Barrett and GorsuchThey are "an embarrassment to their families," Trump says Trump alleges court is "swayed by foreign interests"President offers no evidence for his allegation By John Kruzel WASHINGTON, Feb 20 (Reuters) - President Donald Tru...Reuters
48 minutes ago
Olympics-Short track-South Korea's Kim wins women's 1,500m, Fontana misses out on medal
Kim maintains South Korean grip on 1,500 mItaly's Fontana finishes fifthFontana happy with Games haul after three medalsBy Francesca Landini and Keith WeirMILAN, Feb 20 (Reuters) - South Korea's Kim Gil-li won the women's 1,500 metres short track speed skating final at the Winter Olympic...Reuters
49 minutes ago
JetBlue must face $100 million American Airlines lawsuit in Texas, judge rules
By Mike Scarcella WASHINGTON, Feb 20 (Reuters) - JetBlue JBLU.O has failed to convince a Texas state judge to dismiss a lawsuit brought by American Airlines AAL.O that seeks more than $100 million in damages over the companies' defunct commercial alliance for passenger air travel in the North...Reuters
an hour ago
REFILE-Trump administration moves to end housing assistance for mixed immigration families
By Jasper WardWASHINGTON, Feb 19 (Reuters) - The Trump administration took steps on Thursday toward ending federal housing assistance for households with mixed immigration status, as it seeks to stop ineligible migrants from benefiting from the funding.The U.S. Department of Housing and Urban Develo...Reuters
an hour ago
Southern California Edison Enters Term Loan Agreement With Wells Fargo
Feb 20 (Reuters) - Southern California Gas Co SOCGP.PK:SOUTHERN CALIFORNIA EDISON CO - ON FEB 20, ENTERED TERM LOAN AGREEMENT WITH WELLS FARGO - SEC FILINGSOUTHERN CALIFORNIA EDISON CO - TERM LOAN AGREEMENT PROVIDES UP TO $1.5 BILLION IN LOANS - SEC FILINGSource text: [ID:n0000092103-26-000007]Reuters
an hour ago
Hasbro Enters Into Fourth Amended Revolving Credit Agreement
Feb 20 (Reuters) - Hasbro Inc HAS.O:HASBRO INC - ENTERS INTO FOURTH AMENDED REVOLVING CREDIT AGREEMENT - SEC FILINGHASBRO INC - SECURES $1.1 BILLION REVOLVING CREDIT FACILITY - SEC FILINGHASBRO INC - AGREEMENT ALLOWS $550 MILLION ADDITIONAL COMMITMENT - SEC FILINGHASBRO INC - AMENDMENT EXTENDS REVOL...Reuters
an hour ago
