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Maryland sues Trump administration to halt construction of ICE facility
ICE purchased 54-acre warehouse in Maryland to convert to detention center, Maryland saysDepartment says Homeland Security chief Noem willing to work with states to expand detention capcitilies Trump administration aims to spend more than $38 billion on detention centers this yearBy Jasper Ward W...Reuters
3 minutes ago
FedEx sues US for refund on Trump's emergency tariffs
FedEx seeks refund for illegal IEEPA tariffs imposed by TrumpSupreme Court ruled Trump's tariffs exceeded authorityNumerous lawsuits expected for IEEPA tariff refundsBy Lisa Baertlein and Mike Scarcella LOS ANGELES, Feb 23 (Reuters) - Global transportation company FedEx FDX.N on Monday filed ...Reuters
6 minutes ago
Japan trade minister requested US tariff treatment stay as agreed, government says
TOKYO, Feb 24 (Reuters) - Japan's trade minister Ryosei Akazawa spoke with U.S. Secretary of Commerce Howard Lutnick on Monday, the Japanese government said on Tuesday.Akazawa requested that Japan's treatment under new tariff measures be not less favourable than under last year's agreeme...Reuters
7 minutes ago
CORRECTED-Apple Hospitality REIT 2025 net income beats estimates
OverviewHotel REIT's 2025 net income beat analysts' expectationsComparable Hotels RevPAR for 2025 fell 1.6% yr/yrCompany acquired two hotels and sold seven in 2025OutlookCompany expects 2026 net income between $133 mln and $160 mlnApple Hospitality anticipates 2026 RevPAR change between -1% ...Reuters
9 minutes ago
EXCLUSIVE-China's DeepSeek trained AI model on Nvidia's best chip despite US ban, official says
DeepSeek could remove technical indicators showing use of US chips, official saysUS export controls bar Blackwell shipments to ChinaDeepSeek's Blackwells likely in Inner Mongolia data center, official saysBy Steve Holland and Alexandra Alper WASHINGTON, Feb 23 (Reuters) - Chinese AI startup D...Reuters
15 minutes ago
Tennant's Q4 results miss estimates on ERP woes
OverviewFloor-care equipment leader's Q4 revenue and adjusted EPS missed analyst expectationsERP system implementation caused disruptions, impacting Q4 performanceCompany repurchased ~$88 mln in shares in 2025, about 6% of outstanding sharesOutlookTennant expects 2026 net sales between $1.24 bln...Reuters
31 minutes ago
Trump warns countries that 'play games' with US trade deals will face higher tariffs
Trump says countries could be worse off if they abandon trade dealsEU parliament delays vote to ratify U.S. trade deal-sourcesTrump suggests new license fees possible, but no details offeredUS to stop collecting illegal duties, switch to new temporary tariffs at midnightMarkets drop as tariff uncert...Reuters
38 minutes ago
EXCLUSIVE-China's DeepSeek trained AI model on Nvidia's best chip despite US ban, official says
DeepSeek could remove technical indicators showing use of US chips, official saysUS export controls bar Blackwell shipments to ChinaDeepSeek's Blackwells likely in Inner Mongolia data center, official saysBy Steve Holland and Alexandra AlperWASHINGTON, Feb 23 (Reuters) - Chinese AI startup DeepS...Reuters
39 minutes ago
Australia backs removing Andrew Mountbatten-Windsor from UK line of succession
Albanese sends letter to UK's Starmer Australians consider Mountbatten-Windsor unfit, Albanese saysNew Zealand PM says he will back if UK moves to remove LONDON/SYDNEY, Feb 23 (Reuters) - Australian Prime Minister Anthony Albanese said he would back plans to remove Andrew Mountbatten-Winds...Reuters
50 minutes ago
JPMorgan's Dimon says he will remain CEO for a few years
Feb 23 (Reuters) - JPMorgan JPM.N CEO Jamie Dimon said on Monday he will remain at the helm of the largest U.S. bank for a "few years." "I'm here for a few years as CEO, and maybe a few after that, as executive chairman," Dimon said at the bank's investor day event in New Yor...Reuters
58 minutes ago
Musk's xAI And Pentagon Reach Deal To Use Grok In Classified Systems - Axios
Feb 23 (Reuters) - MUSK'S XAI AND PENTAGON REACH DEAL TO USE GROK IN CLASSIFIED SYSTEMS - AXIOS:MUSK'S XAI AND PENTAGON REACH DEAL TO USE GROK IN CLASSIFIED SYSTEMS - AXIOSSource text: https://tinyurl.com/kjfdxed2Reuters
an hour ago
US private credit default rate highest since August 2024, Fitch says
By Matt Tracy Feb 23 (Reuters) - Defaults hit 5.8% last month among U.S. corporate borrowers in the private credit market for the 12 months ending in January, their highest rate since August 2024, credit rating agency Fitch Ratings said on Monday. Fitch's monitor recorded 11 defaults in J...Reuters
an hour ago
CORRECTED-Innovative Industrial Properties Q4 revenue beats estimates
OverviewREIT's Q4 revenue fell yr/yr, but beat analyst expectationsNet income for Q4 decreased compared to last yearCompany highlighted strategic investment in IQHQ and new leasing activitiesOutlookCompany did not provide specific financial guidance for future quartersResult DriversLEASE EXECUTI...Reuters
an hour ago
Macrogenics Announces Pausing Of Enrollment Of New Study Participants In Linnet Trial
Feb 23 (Reuters) - MacroGenics Inc MGNX.O:MACROGENICS ANNOUNCES PAUSING OF ENROLLMENT OF NEW STUDY PARTICIPANTS IN LINNET TRIALMACROGENICS INC: U. S. FOOD AND DRUG ADMINISTRATION (FDA) HAS PLACED A PARTIAL CLINICAL HOLD ON ITS PHASE 2 LINNET STUDY OF LORIGERLIMABMACROGENICS INC: CURRENT STUDY PARTI...Reuters
an hour ago
Helix Energy Solutions Q4 revenue beats expectations
OverviewOffshore energy services firm's Q4 revenue beat analyst expectationsQ4 net income decreased due to non-cash impairment chargeCompany generated over $100 mln in free cash flow during Q4OutlookHelix expects offshore market improvements in the latter half of 2026 and into 2027Thunder Hawk f...Reuters
an hour ago
JPMorgan Exec Says Investments Will Drive Long-Term Growth, Profitability And Margins
Feb 23 (Reuters) - JPMorgan Chase & Co JPM.N:JPMORGAN CFO SAYS BUSINESS PIPELINES REMAIN STRONGJPMORGAN CFO JEREMY BARNUM SPEAKS AT INVESTOR UPDATEJPMORGAN CFO EXPECTS RETAIL DEPOSIT GROWTH TO RESUME IN 2026JPMORGAN CFO EXPECTS HIGHER NET INTEREST REVENUE ACROSS THE BOARD EXCEPT IN HOME MORTGAGE...Reuters
an hour ago
Soccer-Substitute Sesko seals win for Man Utd at Everton
LIVERPOOL, Feb 23 (Reuters) - Manchester United's Benjamin Sesko came off the bench to score a vital goal for the second game in a row as he fired the winner in a 1-0 Premier League win at Everton on Monday.Sesko sealed an uninspiring clash at the Hill Dickinson Stadium in the 71st minute as he ...Reuters
an hour ago
Douglas Dynamics Q4 net sales rise
OverviewManufacturer's Q4 net sales rose 28.6%, beating analyst expectationsAdjusted EPS for Q4 increased 57.7%, exceeding analyst estimatesCompany acquired Venco Venturo, enhancing product offeringsOutlookDouglas Dynamics projects 2026 net sales between $710 mln and $760 mlnCompany expects 2026...Reuters
an hour ago
Citi signs deal to sell 24% equity stake in Banamex
Citigroup to reduce Banamex stake to 49% after saleInvestors include General Atlantic, BTG Pactual, BlackstoneBank keeps plans for Banamex IPOBy Tatiana BautzerFeb 23 (Reuters) - Citigroup C.N said on Monday it had entered into agreements to sell a 24% stake in Banamex to a group of institutional in...Reuters
2 hours ago
Olympics-LA28 CEO voices strong support for embattled chair Wasserman
Reynold Hoover says no talk about finding a replacement for WassermanLA28 says sponsors have not voiced any concerns over Wasserman controversyTicket draw registrations surpass 5 million amid widespread interestBy Rory Carroll Feb 23 (Reuters) - Los Angeles 2028 CEO Reynold Hoover on Monday gave ...Reuters
2 hours ago
