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Lyra Recovery execs: Threat actors pursuing more targeted, sophisticated attacks
By James ThalerFeb 14 - Threat actors are ramping up their focus on more targeted cyberattacks which, despite growing sophistication, have made the breach restoration process easier, according to senior Lyra Recovery executives.Lyra Recovery’s leadership includes Shawn Melito as CEO, COO Brent Riley...Reuters
Fri, Feb 14
Commodities
Heavy rain raises threat of more mudslides in Southern California
By Brendan O'Brien and Rich McKay Feb 14 (Reuters) - Southern California was primed for more mudslides and flooding on Friday, especially in areas scorched by last month's devastating wildfires, even as heavy rains that have saturated the Los Angeles area this week tapered off. Three...Reuters
Fri, Feb 14
Commodities
BRIEF-ERCOT Issues Operating Condition Notice For Upcoming Extreme Cold Weather
Feb 14 (Reuters) - ELECTRICITY RELIABILITY COUNCIL OF TEXAS (ERCOT):ISSUES OPERATING CONDITION NOTICE FOR PREDICTED EXTREME COLD WEATHER EVENT IMPACTING ERCOT REGION STARTING FEBRUARY 19, THROUGH NOON, FEBRUARY 21Reuters
Fri, Feb 14
Other
Progressive to settle third-party data breach class action for $3.25mn
By Isha MaratheFeb 14 - (The Insurer) - Three hundred and fifty thousand plaintiffs asked an Ohio judge on Tuesday for final approval to a $3.25mn settlement in a data breach class action against Progressive.The case Okonski v. Progressive Casualty Insurance Company in the United States District Co...Reuters
Fri, Feb 14
Other
Insurers have paid out $6.9bn to SoCal consumers in wildfire claims
By Isha MaratheFeb 14 - (The Insurer) - Insurers have so far disbursed $6.9bn to South California consumers affected by January wildfires through expedited and advanced payments, and $73mn for auto insurance claims related to the fires, according to data from insurance commissioner Ricardo Lara'...Reuters
Fri, Feb 14
Other
EXCLUSIVE-EU set to clear Nokia's $2.3 bln Infinera deal without conditions, sources say
BRUSSELS, Feb 14 (Reuters) - EU antitrust regulators are set to clear without conditions Nokia's NOKIA.HE $2.3 billion acquisition of U.S. optical semiconductors and networking equipment maker Infinera INFN.O, people with direct knowledge of the matter said on Friday.Nokia announced the deal in ...Reuters
Fri, Feb 14
Other
Coalition urges California officials to rebuild LA to country’s strongest building code
By Mia MacGregorFeb 14 - (The Insurer) - A coalition of housing, fire science, insurance and policy experts has called on California officials to ensure the post-wildfire rebuilding process incorporates clear, actionable construction and landscaping requirements that reduce wildfire risk.The coaliti...Reuters
Fri, Feb 14
Stocks
GLOBAL MARKETS-Stocks advance, yields fall as U.S. data, tariffs assessed
U.S. stocks advance, set for weekly gainsU.S. 10-year yield falls but up for the weekEuropean stocks set for 8th weekly riseUpdates with open of U.S. marketsBy Chuck Mikolajczak NEW YORK, Feb 14 (Reuters) - A gauge of global stocks rose on Friday while U.S. Treasury yields dipped as a round o...Reuters
Fri, Feb 14
Stocks
Why XRP Is Skyrocketing Today
XRP (CRYPTO: XRP) is rocketing higher in Friday's trading. The cryptocurrency's token price was up 11.1% over 24 hours of trading at 11 a.m. ET. Meanwhile, Bitcoin was up 1.1%, and Ethereum was up 3.3%.XRP's valuation is surging following news that the Securities and Exchange Commission (SEC) had ac...The Motley Fool
Fri, Feb 14
Economic Indicator
Euro area yields set for weekly rise after US data, Ukraine in focus
Updates in late European tradeBy Stefano Rebaudo Feb 14 (Reuters) - Euro zone government bond yields were little changed on Friday but set to end the week higher following U.S. economic data and Federal Reserve Chair Jerome Powell's remarks that the central bank was in no rush to cut interest...Reuters
Fri, Feb 14
Stocks
Moderna's Q4 Loss Wider Than Expected
Moderna (NASDAQ:MRNA), the biotech company known for its Spikevax COVID-19 vaccine, released its fourth-quarter earnings on Feb. 14. The results revealed significant financial challenges as the market for COVID vaccines shifts from government contracts to a seasonal commercial market. Revenue fell 6...The Motley Fool
Fri, Feb 14
Other
In Munich, Vance accuses European politicians of censoring free speech
Vance adopts confrontational tone in Munich speechAccuses European politicians of fearing their own peopleVance says real threat for Europe is not from Russia or ChinaAdds Munich conference in second paragraph, Pistorius in paragraph 10, Vance quote in paragraphs 15-16By Nandita Bose and Doina Chiac...Reuters
Fri, Feb 14
Stocks
BUZZ-Scotiabank upgrades Waters to 'sector outperform', raises PT
** Brokerage Scotiabank upgrades life sciences tool maker Waters Corp WAT.N rating to "sector outperform" from "sector perform", raises PT to $450 from $430 ** Brokerage says the rating is based on WAT's strong Q4 financial performance and 2025 profit forecast ** The price target...Reuters
Fri, Feb 14
Other
German minister: comparing Germany with authoritarian regime is unacceptable
FRANKFURT, Feb 14 (Reuters) - Germany's defence minister on Friday rebuffed criticism by U.S. Vice President JD Vance of German and European political powers as unacceptable, weighing in on a debate over anti-immigrant groups' bid for influence in the region."This democracy was just call...Reuters
Fri, Feb 14
Economic Indicator
ADVISORY-holiday schedule for major US economic, other data
The Presidents Day federal holiday on Monday, February 17 will affect the release schedule of some major economic, energy and commodities reports originating from and/or filed from Washington during the February 16 week. Below is the schedule for the week. Times in EST/GMT.Some Treasury announcement...Reuters
Fri, Feb 14
Other
Brussels to exempt defence spending from EU budget constraints
EU to propose suspending spending limits for defence investmentsUS has pressed for increased NATO military expenditureMove would have wider implications for government spendingConcerns over market reaction; Italy hails step towards joint financing Adds more quotes and context, paragraph 8 onwardsBy ...Reuters
Fri, Feb 14
Other
Gallagher Re: Global insurtech funding drops 5.6% in 2024 to $4.25bn
By Mia MacGregorFeb 14 - (The Insurer) - Annual insurtech funding fell 5.6 percent last year to $4.25bn, its lowest level since 2018, according to a new report from Gallagher Re.The reinsurance broker's Global InsurTech Report attributed the overall decline to a significant drop in P&C insur...Reuters
Fri, Feb 14
Other
Athletics-Olympic champion Lyles, NFL star Hill to race
NEW YORK, Feb 14 (Reuters) - Olympic 100 metres champion Noah Lyles will race NFL wide receiver Tyreek Hill after months of public jabs, the eight-time Pro Bowler confirmed on social media.Hill, who plays with the Miami Dolphins, challenged Lyles to a 50-yard showdown - using the gridiron game's...Reuters
Fri, Feb 14
