News
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Trump administration loophole snags US research grants from Lyme to lung disease
No new meeting notices published in US government's Federal Register since electionPublication of such meetings is required by lawLoophole has paralyzed NIH grants, experts sayBy Julie Steenhuysen, Ahmed Aboulenein and Robin Respaut WASHINGTON, Feb 26 (Reuters) - The Trump administration has ...Reuters
Wed, Feb 26
Other
Trump's terrorist label for cartels raises prosecution risks for companies
Designation could lead to prosecution of U.S. companies for cartel paymentsLegal experts warn of risks for migrants paying cartels for border crossingCivil claims possible against those deemed to have aided terrorist-designated groups, experts sayBy Luc Cohen NEW YORK, Feb 26 (Reuters) - U.S. Pre...Reuters
Wed, Feb 26
Commodities
FACTBOX -Canada's cancelled oil pipeline projects
CALGARY, Feb 26 (Reuters) - The Canadian energy sector has proposed several major oil pipeline projects in the last decade, but only the Trans Mountain expansion project was completed.Here, a look at three other pipelines that never came to be: Energy East - A proposed C$15.7-billion project (US$11....Reuters
Wed, Feb 26
Stocks
RPT-Growth worries put brakes on Treasury yields' ascent
Repeats story first published Tuesday with no changes to textBy Karen Brettell NEW YORK, Feb 25 (Reuters) - A weakening economy and what looks to have been an overly aggressive "Trump trade" has led some Treasury market participants to reevaluate calls for how high U.S. yields will go as ...Reuters
Wed, Feb 26
Stocks
DIARY-Federal Reserve Events
***Denotes a new entry. -------------------------------------------------------- Federal Open Market Committee (FOMC) MEETING DATES: 2025March 18-19 (second day: statement released 1400 EDT/1800 GMT; news conference expected 1430 EDT/1830 GMT)May 6-7 (second day: statement released 1400 EDT/1800...Reuters
Wed, Feb 26
Other
RPT-Anti-ESG concerns dog Vanguard as it rounds up fund board votes
Repeats story first published late on Tuesday, no change to textBy Ross Kerber Feb 25 (Reuters) - A group of Republican U.S. state treasurers will withhold votes for Vanguard fund board nominees on concerns the slate is "tone-deaf" on sustainability matters, presenting a political hurdle ...Reuters
Wed, Feb 26
Other
Intuitive Machines set to embark on second moon landing mission
Intuitive Machines' Athena lander to launch on SpaceX rocketCompany hopes for upright landing after last year's botched attemptScientific instruments onboard will study moon's surface materialBy Joey Roulette DENVER, Feb 26 (Reuters) - Intuitive Machines LUNR.O was set on Wednesday fo...Reuters
Wed, Feb 26
Other
Amazon eyes new direction for Alexa with AI overhaul
By Greg Bensinger Feb 26 (Reuters) - Amazon AMZN.O on Wednesday is set to host an event showcasing new capabilities for Alexa that will bring the service into the age of generative artificial intelligence, more than a decade after it ushered in a wave of investment in voice assistants.The firm ha...Reuters
Wed, Feb 26
Other
Musk to attend Trump cabinet meet as workers brace for more uncertainty
Trump adminstration sends conflicting directives on email demandMusk to attend first cabinet meetingWhite House looking at large-scale layoffsBy James Oliphant WASHINGTON, Feb 26 (Reuters) - Elon Musk, the billionaire adviser tasked with radically downsizing the U.S. government, will attend Presi...Reuters
Wed, Feb 26
Other
'Where is Mr. Musk in all of this?' Judges question secrecy of DOGE's activities
Musk's role in DOGE questioned in courtDOGE's secrecy complicates legal challengesJudges have issued mixed rulings on DOGE's accessBy Tom Hals and Jack Queen Feb 26 (Reuters) - On social media and at political rallies, Elon Musk has taken credit for leading the team that is cutting al...Reuters
Wed, Feb 26
Other
US government spending has not slowed under Trump so far, data shows
US government spent $710 billion in Trump's first month, up from same period a year agoRising interest, retirement and health costs offset any savingsNo apparent savings yet from fired workersBy Jason Lange, Andy Sullivan and Brad Heath WASHINGTON, Feb 26 (Reuters) - The U.S. government spent...Reuters
Wed, Feb 26
Stocks
COLUMN-War, not peace, driving European reboot hopes: Mike Dolan
Repeats without changesBy Mike Dolan LONDON, Feb 26 (Reuters) - An era-defining week of geopolitics has boosted hopes for a European economic revival, not due to any peace dividend that could come from an end to the war in Ukraine, but rather from the rearmament of an entire continent. Washing...Reuters
Wed, Feb 26
Other
SPD co-leader says in talks with conservatives towards gov't formation timetable
BERLIN, Feb 26 (Reuters) - The co-leader of Germany's Social Democrats, Lars Klingbeil, said on Wednesday that his party was in talks with election winner Friedrich Merz and his conservatives about agreeing on a timetable for negotiations towards the creation of a government. "We are now in ...Reuters
Wed, Feb 26
Other
Hong Kong to launch scheme to facilitate tech listing applications
Adds financial official's comments in paragraph 5-6By Selena Li HONG KONG, Feb 26 (Reuters) - Hong Kong will launch a scheme to facilitate listings of tech companies on the stock exchange, the latest move to boost the appeal of the fundraising hub amid growing appetite among Chinese companie...Reuters
Wed, Feb 26
Other
Dozens of delegates walk out of Russia's speech to UN rights council
GENEVA, Feb 26 (Reuters) - Dozens of dignitaries walked out of Russia's speech to the UN Human Rights Council in Geneva on Wednesday, in support of Ukraine.The delegates, including the ambassadors of France, Germany and Britain, gathered outside of the room where the session was taking place, to...Reuters
Wed, Feb 26
Cryptocurrencies
Chinese man killed while trading crypto in South Korea, four Chinese suspects arrested
Officers from the Jeju Western Police Station reported that a Chinese man was killed while trading cryptocurrencies at a luxury hotel in Jeju City, South Korea. The South Korean police have detained four Chinese men suspected of committing the heinous act.Cryptopolitan
Wed, Feb 26
Forex
Sterling edges lower versus dollar, eyes on military spending
By Stefano Rebaudo Feb 26 (Reuters) - Sterling edged lower against a strengthening dollar and held steady versus the euro a day after the British government's pledge to increase military spending.The U.S. dollar edged up from its 11-week low on Wednesday as U.S. Treasury yields bounced back a...Reuters
Wed, Feb 26
Other
Australia to review impact of Trump's USAID cuts on Pacific region, Bloomberg News reports
Feb 26 (Reuters) - Australia plans to review the impact of U.S. President Donald Trump's cuts to the U.S. Agency for International Development(USAID) on Southeast Asia and the Pacific region, Bloomberg News reported on Wednesday. Australia will examine what potential shortfalls that might emerge...Reuters
Wed, Feb 26
Stocks
Will Billionaire Bill Ackman Become the Next Warren Buffett? If So, Here's the Stock You'll Want to Buy Hand Over Fist.
Who's going to one day fill Warren Buffett's shoes? If we're talking about Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), the answer is easy. Buffett again confirmed in his latest annual letter to Berkshire shareholders that Greg Abel, who currently serves as CEO of Berkshire Hathaway Energy, is hi...The Motley Fool
Wed, Feb 26
