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Trump, NYC's Mamdani to meet in Washington, New York Times reports
WASHINGTON, Feb 26 (Reuters) - Republican President Donald Trump and Democratic New York City Mayor Zohran Mamdani are meeting at the White House on Thursday, the New York Times reported, citing three people familiar with the matter.Reuters
4 minutes ago
US fixed 30-year mortgage rate falls below 6%
WASHINGTON, Feb 26 (Reuters) - The average rate on the popular U.S. 30-year fixed-rate mortgage dropped below 6% this week for the first time in nearly 3-1/2 years, which could help to improve housing affordability. The 30-year fixed mortgage rate averaged 5.98%, the lowest level since September...Reuters
8 minutes ago
US CDC declares ByHeart infant botulism outbreak over, probe continues
Feb 26 (Reuters) - The U.S. Centers for Disease Control and Prevention declared the multistate infant botulism outbreak linked to ByHeart powdered infant formula over on Thursday, while health officials continue investigating for the root cause of the contamination. The CDC and the Food and Drug...Reuters
11 minutes ago
Vanguard settles Republican states' antitrust suit for $29.5 million
By Ross Kerber Feb 26 (Reuters) - Fund manager Vanguard Group said on Thursday it agreed to settle litigation filed by the Republican attorneys general of Texas, Kansas and other states, who had alleged the fund manager and rivals violated antitrust law through their climate activism.In a press ...Reuters
12 minutes ago
US proposes severing Swiss bank MBaer from financial system over alleged Iran, Russia, Venezuela links
MBaer accused of laundering for Iran's Revolutionary Guard CorpsUS Treasury takes rare step, unleashes most powerful tool in sanctions enforcementFINMA appoints audit agent to monitor MBaer amid legal proceedingsWASHINGTON/ZURICH, Feb 26 (Reuters) - The U.S. Treasury Department on Thursday threa...Reuters
14 minutes ago
Setback for Meta as court adviser backs EU regulators in data spat
By Foo Yun Chee and Charlotte Van CampenhoutBRUSSELS, Feb 26 (Reuters) - An adviser to Europe's top court on Thursday sided with EU regulators demanding information regarding two antitrust investigations of Meta Platforms META.O, in a setback for the U.S.-based social media company. The case...Reuters
16 minutes ago
German union says truce reached in dispute with Tesla
BERLIN, Feb 26 (Reuters) - Tesla TSLA.O and German union IG Metall have agreed for now to set aside their dispute over a labour meeting at the carmaker's plant outside Berlin this month, the union said on Thursday.Tesla had filed a criminal complaint against a member of the union it accused of s...Reuters
22 minutes ago
Hillary Clinton tells congressional panel she has no information on Epstein
By Richard Cowan and Ryan Patrick Jones WASHINGTON, Feb 26 (Reuters) - Former U.S. Secretary of State Hillary Clinton told a congressional committee on Thursday that she did not recall ever meeting the late sex offender Jeffrey Epstein and had no information to share about his criminal activities...Reuters
27 minutes ago
Technip Energies: Chair Joseph Rinaldi Intends To Retire
Feb 26 (Reuters) - Technip Energies NV TE.PA:TECHNIP ENERGIES ANNOUNCES THAT JOHN O’HIGGINS AND LUC RÉMONT ARE TO BE NOMINATED FOR APPOINTMENT TO ITS BOARD OF DIRECTORSJOSEPH RINALDI, CURRENT CHAIR OF BOARD HAS INFORMED BOARD OF HIS INTENTION TO RETIRE AT END OF HIS CURRENT TERMReuters
28 minutes ago
Mexico's TV Azteca announces bankruptcy proceedings
MEXICO CITY, Feb 26 (Reuters) - Mexican broadcaster TV Azteca, which is controlled by Mexican business magnate Ricardo Salinas Pliego, said on Thursday that shareholders had approved a voluntary bankruptcy process for restructuring the company's finances and liabilities. TV Azteca said the deci...Reuters
30 minutes ago
Judge rejects Kenvue bid to dismiss Texas lawsuit over Tylenol's safety
Feb 26 (Reuters) - A Texas judge on Thursday rejected Kenvue's KVUE.N bid to dismiss a lawsuit by state Attorney General Ken Paxton accusing the company of falsely marketing Tylenol by concealing autism and other risks to children when pregnant women use the popular painkiller.Judge LeAnn Raffer...Reuters
32 minutes ago
US and Iran could reach deal if nuclear and non-nuclear issues are separated, says Iranian official
US military buildup has raised fears of regional conflictKhamenei faces internal pressure due to economy, protestsIran has indicated it could make concessionsTehran will show flexibility, ministry spokesperson saysTalks in Geneva pause, set to resume later on Thursday By Parisa Hafezi and Olivia Le ...Reuters
34 minutes ago
Vance visits competitive Wisconsin district to sell Trump's economic vision
By Nandita Bose MOSINEE, Wisconsin, Feb 26 (Reuters) - U.S. Vice President JD Vance traveled on Thursday to a competitive district in Wisconsin, as the White House steps up efforts to protect the narrow Republican majority in the House of Representatives ahead of November's midterm elections....Reuters
39 minutes ago
USITC to probe impact of revoking permanent normal trade ties China products
WASHINGTON, Feb 26 (Reuters) - The U.S. International Trade Commission said on Thursday it would investigate the economic impact of revoking permanent normal trade relations treatment for all Chinese products over a six-year period.Reuters
43 minutes ago
Mexico's TV Azteca announces bankruptcy proceedings
MEXICO CITY, Feb 26 (Reuters) - Mexican broadcaster TV Azteca, which is controlled by Mexican business magnate Ricardo Salinas Pliego, said on Thursday that shareholders had approved a voluntary bankruptcy process for restructuring the company and its subsidiaries.Reuters
45 minutes ago
Trump asks US Supreme Court to end protections for Syrian immigrants
Case involves temporary protected status, or TPSAdministration aims to strip Syrians of TPS statusJustices have allowed TPS termination for VenezuelaBy Andrew Chung Feb 26 (Reuters) - President Donald Trump's administration asked the U.S. Supreme Court on Thursday to intervene in its effort t...Reuters
46 minutes ago
Woman suing Meta, YouTube over social media addiction expected to take stand at trial
Kaley G.M. claims Instagram, YouTube harmed her mental healthTherapist cites social media as factor in Kaley's mental health issuesMeta, YouTube deny allegations, say evidence does not support claimsFeb 26 (Reuters) - A California woman is expected to testify in court on Thursday about how using...Reuters
47 minutes ago
Warner Bros’ TV decline puts pressure on Netflix deal
Warner Bros' TV revenue and income decline significantlyDiscovery Global's standalone value impacted by revenue and income dropNetflix has four days to revise offer if Paramount's bid is favoredWarner Bros adds 3.5 million streaming subscribers in Q4By Dawn Chmielewski Feb 26 (Reuters...Reuters
52 minutes ago
Argus raises Packaging Corp of America PT on strong e‑commerce outlook
Argus Research raises target price on paper and packaging firm Packaging Corp of America PKG.N to $251 from $220New PT implies an 8.6% upside to stock's last closeArgus says PKG positioned to benefit from long-term growth in e-commerce Expects earnings to benefit from recovering demand and stra...Reuters
54 minutes ago
Walmart agrees to pay $100 million to settle deceptive earnings charges, FTC says
WASHINGTON, Feb 26 (Reuters) - Walmart has agreed to pay $100 million to settle charges that the company caused delivery drivers to lose tens of millions of dollars in earnings, the U.S. Federal Trade Commission said in a statement on Thursday.The FTC, along with 11 states, had alleged in a complain...Reuters
55 minutes ago
