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Putin negotiating on Ukraine an overdue step, Germany says
FRANKFURT, Feb 12 (Reuters) - German Foreign Minister Annalena Baerbock said on Wednesday that it was an overdue step that Russia's President Vladimir Putin is ready to negotiate to end the war in Ukraine.Speaking to reporters in Paris, Baerbock said it was important that Putin was finally prepa...Reuters
Wed, Feb 12
Other
France's Barrot says Europe will offer Ukraine security guarantees even if NATO membership not immediate
PARIS, Feb 12 (Reuters) - French Foreign Minister Jean-Noel Barrot said on Wednesday that Europe would play its role in offering security guarantees for Ukraine even if NATO membership is not immediate.Speaking in Paris at a meeting of foreign ministers from Ukraine and its allies, he also said ther...Reuters
Wed, Feb 12
Cryptocurrencies
Fed chair Jerome Powell reiterates that he won’t block Wall Street banks from crypto
Federal Reserve Chair Jerome Powell told lawmakers that the central bank is not stopping Wall Street banks from dealing with crypto. Speaking before the House Financial Services Committee today, Powell addressed concerns over financial institutions severing ties with crypto companies, a practice known as “debunking,” after talking about it yesterday in front of the Senate […]Cryptopolitan
Wed, Feb 12
Other
Germany's Baerbock says Europe must be united on Ukraine, ready for negotiations
PARIS, Feb 12 (Reuters) - German Foreign Minister Annalena Baerbock said on Wednesday it was very important that Europe is united with regard to Ukraine and that it must be prepared for negotiations.Speaking in Paris at a meeting of foreign ministers from Ukraine and its allies, she also said there ...Reuters
Wed, Feb 12
Other
EU-US have window for negotiation on trade, says Irish minister
DUBLIN, Feb 12 (Reuters) - Ireland's trade minister Simon Harris said on Wednesday there was a window for negotiation between the European Union and the United States on trade, in a statement released after a video meeting with counterparts from the bloc's 27 members.“It was encouraging to h...Reuters
Wed, Feb 12
Commodities
NiSource raises 2025 earnings forecast on higher power demand
Adds quote from conference call and segment details in paragraphs 3 and 7 respectivelyBy Pooja Menon Feb 12 (Reuters) - U.S. electric and gas utility company NiSource NI.N on Wednesday raised its adjusted earnings forecast for 2025 and beat fourth-quarter profit estimates, benefiting from higher...Reuters
Wed, Feb 12
Commodities
US House speaker Johnson believes White House considering exemptions to reciprocal tariffs
Adds context and potential tariff timingBy Jarrett Renshaw and David Morgan WASHINGTON, Feb 12 (Reuters) - Republican U.S. House of Representatives Speaker Mike Johnson said on Wednesday that he believes President Donald Trump is considering exemptions to reciprocal tariffs that include the autom...Reuters
Wed, Feb 12
Economic Indicator
Fed's Powell: Will alert Congress if Musk associates seek access
By Michael S. DerbyNEW YORK, Feb 12 (Reuters) - Federal Reserve Chair Jerome Powell said Wednesday Elon Musk's associates charged with promoting government efficiency have not approached the Fed for access to its systems. Powell, speaking before a House panel, said he would alert Congress if acc...Reuters
Wed, Feb 12
Other
Israel has US backing to stay in Lebanon beyond truce deadline, Israeli TV says
U.S. authorises extended Israeli troop presence in south Lebanon, says Israeli public broadcaster KanIsrael asked for 10-day extension beyond Feb. 18 deadline to stay in Lebanon, Lebanese official and foreign diplomat sayLebanese presidency denies approving any such second extensionHezbollah rejects...Reuters
Wed, Feb 12
Other
CORRECTED-Massachusetts federal court curbs 'judge shopping' as Trump lawsuits mount
Corrects which judge is in Worcester in paragraph 8By Nate Raymond BOSTON, Feb 12 (Reuters) - A federal court in Massachusetts that has become a popular destination for lawsuits challenging U.S. President Donald Trump's second-term agenda has moved to prevent litigants from engaging in "j...Reuters
Wed, Feb 12
Stocks
Red Rock Resorts Inc reports results for the quarter ended December 31 - Earnings Summary
Red Rock Resorts Inc RRR.OQ reported quarterly adjusted earnings of 45 cents per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 95 cents. The mean expectation of twelve analysts for the quarter was for earnings of 45 cents per shar...Reuters
Wed, Feb 12
Economic Indicator
Powell cautions about reading too much into hot CPI reading
Feb 12 (Reuters) - Federal Reserve Chair Jerome Powell cautioned against reading too much into data on Wednesday showing the largest acceleration in the Consumer Price Index in more than a year, while acknowledging it was substantially above forecasts."The CPI reading was above almost every fore...Reuters
Wed, Feb 12
Other
Craft retailer Joann seeks court permission for closure of 500 stores amid bankruptcy
Feb 12 (Reuters) - Craft retailer Joann said on Wednesday it has sought the court's permission to close 500 stores across the United States as part of its ongoing bankruptcy process.In January, Joann filed for Chapter 11 protection in Delaware as inventory shortages and increased competition for...Reuters
Wed, Feb 12
Stocks
Why Lyft Stock Dropped Today
Shares of ride-sharing platform Lyft (NASDAQ: LYFT) dropped by more than 16% at one point on Wednesday morning after the company reported its fourth-quarter results Tuesday afternoon. Management's guidance for the current quarter has investors concerned about the competitive landscape. However the s...The Motley Fool
Wed, Feb 12
Other
Spain's Albares: nothing must be decided on Ukraine without Ukraine, Europe
PARIS, Feb 12 (Reuters) - Spanish Foreign Minister Jose Manuel Albares said on Wednesday that nothing must be decided on Ukraine without Ukraine and Europe. Speaking in Paris at a meeting of foreign ministers from Ukraine and its allies, he also said "we need a just peace for everyone" a...Reuters
Wed, Feb 12
Commodities
Republican senators call for $1,000 tax on new EV sales to pay for road repairs
WASHINGTON, Feb 12 (Reuters) - A group of Senate Republicans on Wednesday proposed a $1,000 tax on new electric vehicle purchases to account for the cost of federal road repairs.Most revenue for federally funded road repairs is collected through taxes on diesel and gasoline, which EVs do not pay.The...Reuters
Wed, Feb 12
