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Canada expected to scrap EV mandate in favor of new fuel efficiency system, CBC News reports
Feb 4 (Reuters) - The Canadian federal government is expected to announce its national automotive strategy on Thursday, replacing the country's electric vehicle mandate with new fuel efficiency standards and credits, CBC News reported on Wednesday.Ottawa is also expected to bring back popular in...Reuters
Wed, Feb 4
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BREAKINGVIEWS-Google picks most spots on the AI roulette wheel
By Jonathan Guilford NEW YORK, Feb 4 (Reuters Breakingviews) - If the artificial intelligence trade is a casino, why not take as many chances as possible to win? That’s the apparent philosophy at Google owner Alphabet GOOGL.O. Once menaced by fears that chatbots would replace its ubiquitous sear...Reuters
Wed, Feb 4
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McKesson boosts 2026 profit forecast amid specialty drug growth
By Bageshri Banerjee Feb 4 (Reuters) - McKesson Corporation MCK.N raised its fiscal 2026 profit forecast on Wednesday, betting on strong growth in its oncology and specialty drug distribution businesses.The largest pharmaceutical distributor in the U.S. also said it is on track to spin off its me...Reuters
Wed, Feb 4
Other
Teva prevails in first U.S. jury trial over Paragard IUD injury claims
Teva faces over 3,800 lawsuits over Paragard IUD claimsTrial was the first bellwether to test the claimsTeva sold Paragard to CooperSurgical in 2017By Diana Novak JonesFeb 4 (Reuters) - A jury in Atlanta federal court has sided with Teva Pharmaceuticals in the first trial testing claims the company ...Reuters
Wed, Feb 4
Other
Insurer Allstate's Q4 revenue beats expectations
OverviewInsurance provider's Q4 revenue rose 5.1%, beating analyst expectationsAdjusted EPS for Q4 beat analyst expectationsCompany announced $4 bln share repurchase programOutlookCompany did not provide specific guidance for future quarters or yearResult DriversPREMIUM REDUCTIONS - Co reduced p...Reuters
Wed, Feb 4
Stocks
McKesson rises after raising annual profit forecast
Shares of U.S. drug distributor McKesson MCK.N up 2% at $837.96 after the bellMCK raises annual profit forecast, betting on strong growth in its oncology and specialty drug distribution businessesExpects annual adjusted EPS in the range of $38.80 to $39.20, compared to its previous outlook of $38.35...Reuters
Wed, Feb 4
Other
Illinois man admits to hacking Snapchat accounts to steal nude photos
By Nate Raymond BOSTON, Feb 4 (Reuters) - An Illinois man pleaded guilty on Wednesday to phishing the Snapchat access codes of nearly 600 women in order to hack their accounts and steal nude photos, which he kept, sold or traded on the internet.Kyle Svara, 26, pleaded guilty in federal court in ...Reuters
Wed, Feb 4
Other
Ukraine, Russia wrap 'productive' first day of US-backed peace talks
Talks focus on territory, Zaporizhzhia nuclear plantRussia demands Ukraine withdraw from eastern DonetskMajority of Ukrainians oppose land concessions to RussiaBy Olena Harmash KYIV, Feb 4 (Reuters) - Ukrainian and Russian officials wrapped up a "productive" first day of new U.S.-brokere...Reuters
Wed, Feb 4
Other
Nearly two dozen more prisoners freed in Venezuela, legal rights group says
Feb 4 (Reuters) - Twenty-two more prisoners have been released in Venezuela, the country's top legal rights group said on Wednesday, as liberations promised by the interim government slowly continue. Legal rights organization Foro Penal said earlier in the day that 350 people who it classes as p...Reuters
Wed, Feb 4
Commodities
Trump, Xi discuss Taiwan and soybeans in call aimed at easing China, US relations
Soybean futures rally on potential deal announced by TrumpTrump and Xi look to stabilize relationsUS president may visit Beijing in AprilBy Trevor Hunnicutt and Xiuhao Chen WASHINGTON/BEIJING, Feb 4 (Reuters) - China is considering buying more U.S.-farmed soybeans, President Donald Trump said...Reuters
Wed, Feb 4
Other
Core Laboratories Expects Q1 Rev Between $124 Mln To $130 Mln
Feb 4 (Reuters) - Core Laboratories Inc CLB.N:CORE LABORATORIES INC OUTLOOK Q1 REVENUE IS PROJECTED TO RANGE FROM $124 MILLION TO $130 MILLIONCORE LABORATORIES INC - REPORTS Q4 REVENUE OF $138.3 MILLION - SEC FILINGCORE LABORATORIES INC: Q4 EPS $0.15CORE LABORATORIES INC: WEATHER-RELATED DISRUPTIONS...Reuters
Wed, Feb 4
Other
Ex-Fox News anchor, Democrats oppose Trump judicial nominee over arbitration support
By Nate Raymond Feb 4 (Reuters) - A conservative legal activist nominated for a federal judgeship on Wednesday defended her past testimony opposing a ban on mandatory arbitration for workplace sexual assault or harassment claims after former Fox News anchor Gretchen Carlson said her views made he...Reuters
Wed, Feb 4
Other
Energy tech firm NOV's Q4 revenue beats estimates
OverviewEnergy technology firm's Q4 revenue rose 5% sequentially, beating analyst expectationsCompany posted Q4 net loss of $78 mln due to higher effective tax ratesCompany returned $505 mln to shareholders in 2025OutlookCompany expects Q1 2026 revenue to decline 1-3% year-over-yearCompany antic...Reuters
Wed, Feb 4
Other
Oilfield services firm Core Laboratories' Q4 revenue rises
OverviewOilfield services firm's Q4 revenue rose 7% yr/yrCompany repurchased 363,207 shares for $5.7 mlnOutlookCore Laboratories projects Q1 2026 revenue between $124 mln and $130 mlnCompany expects Q1 2026 EPS to be $0.11 to $0.15Result DriversINTERNATIONAL DEMAND - Strong international demand ...Reuters
Wed, Feb 4
Commodities
CIF/FOB Gulf Grain-Soybean, corn barge basis bids tick higher
CHICAGO, Feb 4 (Reuters) - Basis bids for soybeans and corn shipped by barge to U.S. Gulf Coast export terminals firmed on Wednesday, as the potential of new Chinese soybean demand sent U.S. soy futures surging and farmers scrambling to sell stored crops, traders said.Warmer weather is expected this...Reuters
Wed, Feb 4
Other
Trump has attacked pillars of democracy, says Human Rights Watch
Human Rights Watch releases annual World Report on human rights around the worldOrganization says Russia, China, US all less free than 20 years agoHRW cites Trump migration crackdown and other policiesWhite House says Trump has done more for human rights than HRWBy Daphne Psaledakis WASHINGTON, F...Reuters
Wed, Feb 4
