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RPT-U.S. government workers to be put on administrative leave if they don't return to the office, Musk says
Repeats with no changes to text Feb 24 (Reuters) - U.S. President Donald Trump's adviser Elon Musk said on Monday that starting this week, government workers would be put on administrative leave if they fail to return to the office."Those who ignored President Trump’s executive order to r...Reuters
Mon, Feb 24
Other
BREAKINGVIEWS-Postal shakeup logic fits on back of a US stamp
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.By Gabriel Rubin WASHINGTON, Feb 24 (Reuters Breakingviews) - Simple back-of-the-envelope math illustrates why an extreme U.S. mail makeover would be a bad idea. With Postmaster General Louis DeJoy stepping down ...Reuters
Mon, Feb 24
Cryptocurrencies
US securities regulator closes investigation into Robinhood's crypto arm with no action
Adds analyst comment in paragraph 5-6, adds decline to comment from SEC in paragraph 4By Jaiveer Shekhawat Feb 24 (Reuters) - Robinhood HOOD.O said the U.S. securities regulator had closed its probe into the retail trading firm's crypto arm with no action, as it seeks to revamp policing of di...Reuters
Mon, Feb 24
Other
US auto safety agency laid off 4% of staff, spokesperson says
Adds more details, more comments in paragraphs 4-9By David Shepardson WASHINGTON, Feb 24 (Reuters) - The National Highway Traffic Safety Administration laid off 4% of its staff as part of a government-wide trimming of probationary employees, a spokesperson said Monday.The agency has pending inves...Reuters
Mon, Feb 24
Forex
BUZZ-COMMENT-EUR/USD stalls above 1.05 yet again
Feb 24 (Reuters) - Initial advances in the euro following the German election have proved to be fleeting as the single currency yet again stalled above 1.05 , indicating traders remain reluctant to chase gains and other issues, such as U.S. tariffs, remain a bigger driver. For the market, the key ta...Reuters
Mon, Feb 24
Stocks
South African rand gains amid data whirlwind
Updates prices as of 1502 GMT, adds analysts comment in paragraphs 3-4 and 7 JOHANNESBURG, Feb 24 (Reuters) - South Africa's rand strengthened on Monday after soft U.S. data and ahead of a data-packed week, as investors shrugged off the return of rolling blackouts to Africa's most industr...Reuters
Mon, Feb 24
Stocks
Domino's Pizza misses sales estimates as value meal war tempers US demand
Updates shares in paragraph 1By Juveria Tabassum Feb 24 (Reuters) - Domino's Pizza DPZ.O on Monday missed estimates for quarterly same-store sales and said the consumer environment for fast food would remain pressured in 2025 as companies double down on their value meal offerings, taking its ...Reuters
Mon, Feb 24
Other
BRIEF-GE Aerospace Says U.S. Navy Awarded Contract To Provide Performance-Based Logistics Avionics Support For F/A-18, AV-8B & AH1-Z Aircraft Globally
Feb 24 (Reuters) - GE Aerospace:GE AEROSPACE: U.S. NAVY AWARDED CONTRACT TO PROVIDE PERFORMANCE-BASED LOGISTICS AVIONICS SUPPORT FOR F/A-18, AV-8B & AH1-Z AIRCRAFT GLOBALLYFurther company coverage: GE.NReuters
Mon, Feb 24
Other
BRIEF-Manchester United To Cut About 150-200 Jobs, In Addition To 250 Last Year
Feb 24 (Reuters) - Manchester United PLC MANU.N:MANCHESTER UNITED PLC ANNOUNCES TRANSFORMATION PLAN TO STRENGTHEN FINANCIAL SUSTAINABILITY AND MODERNISE ITS OPERATING STRUCTUREMANCHESTER UNITED PLC - PLAN AIMS TO RETURN MANCHESTER UNITED TO PROFITABILITY AFTER FIVE YEARS OF LOSSESMANCHESTER UNITED P...Reuters
Mon, Feb 24
Stocks
BUZZ-China ADRs slide on jitters over Trump's investment restrictions
** U.S.-listed shares of Chinese companies drop, in-line with domestic counterparts ** A White House official on Friday said Trump signed a memorandum that will direct the Committee on Foreign Investment in the United States to restrict Chinese investments in strategic areas** E-commerce firms JD.co...Reuters
Mon, Feb 24
Cryptocurrencies
New EU sanctions target airlines operating domestic flights in Russia
By Gleb Stolyarov Feb 24 (Reuters) - The European Union's latest sanctions against Moscow include a ban on third-country airlines flying to the 27-nation bloc if they carry out domestic flights in Russia, the European Commission said on Monday. The EU's 16th sanctions package against R...Reuters
Mon, Feb 24
Stocks
This Dividend-Paying Oil Stock Is a Great Value for Generating Passive Income
Oil stocks can be excellent sources of passive income for investors who can stomach the volatility of the cyclical energy sector. And with oil prices down 9% or so in the last year, many oil and gas stocks have sold off even as broader indexes like the S&P 500 make new highs.ConocoPhillips (NYSE: CO...The Motley Fool
Mon, Feb 24
Stocks
Hovnanian Enterprises Inc reports results for the quarter ended January 31 - Earnings Summary
Hovnanian Enterprises Inc HOV.N reported quarterly adjusted earnings of $3.58 per share for the quarter ended January 31. The lone analyst forecast for the quarter was for earnings of $2.71 per share. Revenue was $673.62 million; analysts expected $705.80 million. Hovnanian Enterprises Inc share...Reuters
Mon, Feb 24
Stocks
BUZZ-Connexa Sports Tech set for best day on record on TikTok partnership
** Shares of matchmaking platform Connexa Sports Technologies YYAI.O more than doubled to $1.44; set for best percentage gain in a day on record** YYAI says it has signed a content creation agreement with TikTok to produce and sell content for the Middle East and North Africa region** Co says the pa...Reuters
Mon, Feb 24
Other
US judge blocks Musk's DOGE team from accessing Education Department, OPM data
Adds further details on court case in paragraphs 3-10Judge issues restraining order at labor unions' requestAgencies likely violated Privacy Act of 1974, judge saysDOGE faces multiple lawsuits from Democratic states, legal groupsBy Nate Raymond Feb 24 (Reuters) - A federal judge on Monday blo...Reuters
Mon, Feb 24
Stocks
General Motors' Pivot May Be Paying Off -- and It Could Generate Billions in Revenue
Late in 2024 when General Motors (NYSE: GM) announced it would no longer fund robotaxi development with its majority-owned Cruise business, some investors considered it a blow to its long-term potential. Once hyped as the next big thing for GM, something that could potentially generate billions in r...The Motley Fool
Mon, Feb 24
Other
Tesla prepares to deploy full self-driving features in China, Bloomberg News reports
Adds background in paragraphs 6-10 Feb 24 (Reuters) - Tesla TSLA.O is readying a software update for customers in China to offer driving-assistance capabilities similar to its full self-driving (FSD) features in the U.S., Bloomberg News reported on Monday, citing a person familiar with the matter...Reuters
Mon, Feb 24
