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Auto tech giant CDK accuses rival Tekion of hacking 'campaign' in lawsuit
Updates Feb 11 story with comment from Tekion in paragraph 5By Mike Scarcella Feb 11 (Reuters) - Automotive retail software giant CDK Global has sued rival Tekion in U.S. court, accusing it of an illegal cyber hacking campaign to scrape confidential data from dealerships’ computer systems in a bi...Reuters
Wed, Feb 12
Stocks
BUZZ-FX options wrap - Ukraine hopes drive trade flow
Hopes of a ceasefire in Ukraine over coming weeks have been behind some of the main trade flow in the last 24 hours. No surprise to see EUR/CHF topside strike demand at the fore, as a firmer EUR and weaker CHF are the most likely outcomes from an easing of tensions in the 3-year old conflict. EUR/US...Reuters
Wed, Feb 12
Other
US actions have serious impact on global health, WHO chief says
Feb 12 (Reuters) - The United States' pause on foreign aid contributions has a serious impact on global health, WHO Director-General Tedros Adhanom Ghebreyesus said on a virtual press conference on Wednesday.Ghebreyesus urged the U.S. to consider resuming aid funding until solutions can be found...Reuters
Wed, Feb 12
Stocks
3 Evergreen Retail Stocks to Buy Like There's No Tomorrow
Most retailers aren't considered evergreen businesses because they're highly exposed to macro and competitive headwinds. They've also struggled to keep pace with major technological shifts in the e-commerce, mobile, and social media markets.Nevertheless, some resilient retailers have repeatedly roll...The Motley Fool
Wed, Feb 12
Other
EU ditches plans to regulate tech patents, AI liability, online privacy
By Foo Yun Chee BRUSSELS, Feb 12 (Reuters) - The European Commission on Wednesday scrapped draft rules regulating technology patents, AI and consumer privacy on messaging apps, saying it did not expect them to receive the green light from EU lawmakers and countries.All three proposals had faced i...Reuters
Wed, Feb 12
Other
Dominion Energy raises five-year capex plan to meet data centers' power demand
Feb 12 (Reuters) - Dominion Energy D.N raised its five-year capital expenditure plan on Wednesday as the utility firm sought to cash in on the potential growth in power demand from a rise in data centers across the U.S.The Richmond, Virginia-based company expects to spend $50.1 billion in the 2025 t...Reuters
Wed, Feb 12
Stocks
BUZZ-Palatin Technologies down after launching stock sale
** Shares of Delaware-based drug developer Palatin Technologies PTN.A down 11% to 89 cents** Co, which develops treatments of diseases such as autoimmune and dry eye diseases, launches stock offering ** PTNA to sell up to $6 million common shares through Alliance Global Partners acting as its sales ...Reuters
Wed, Feb 12
Other
US taps Apple exec to serve as top auto safety regulator
WASHINGTON, Feb 12 (Reuters) - President Donald Trump has nominated an Apple AAPL.O executive to serve as the nation's top auto safety regulator overseeing a number of ongoing safety probes into Tesla TSLA.O.Jonathan Morrison, who served as chief counsel of the National Highway Traffic Safety Ad...Reuters
Wed, Feb 12
Commodities
Mexico to sign agreement with gasoline retailers to keep consumer prices under control
MEXICO CITY, Feb 12 (Reuters) - The Mexican government plans to sign an agreement with gasoline retailers to keep prices affordable for consumers, President Claudia Sheinbaum said on Wednesday.The agreement, which Sheinbaum described as voluntary, would keep prices from topping 24 pesos ($1.17) per ...Reuters
Wed, Feb 12
Other
BRIEF-Bank Of America CEO Says US Consumer Is In Good Shape
Feb 12 (Reuters) - Bank of America Corp BAC.N:BANK OF AMERICA CEO BRIAN MOYNIHAN SAYS US CONSUMER IS IN GOOD SHAPE - CONFERENCEBANK OF AMERICA CEO SAYS BORROWING FROM SMALL AND MIDDLE MARKET BUSINESSES YET TO PICK UP "A LOT"BANK OF AMERICA CEO SAYS INVESTMENT BANKING, IPO PIPELINES ARE STRON...Reuters
Wed, Feb 12
Other
Saudi Crown Prince, Russia's wealth fund chief were involved in U.S. prisoner release, source says
MOSCOW, Feb 12 (Reuters) - Saudi Crown Prince Mohammed bin Salman and Russia's sovereign wealth fund chief Kirill Dmitriev were involved in negotiations over the release of U.S. teacher Marc Fogel from a Russian prison, a source close to the negotiations between Russia and the United States told...Reuters
Wed, Feb 12
Commodities
Mexico and U.S. will discuss steel tariffs later this week, Mexican president says
MEXICO CITY, Feb 12 (Reuters) - Mexico will send a message to the United States regarding the 25% tariff on steel and aluminum and top officials are scheduled to speak later this week, Mexican President Claudia Sheinbaum said on Wednesday. Sheinbaum questioned why U.S. President Donald Trump had ord...Reuters
Wed, Feb 12
Stocks
CANADA STOCKS-TSX opens lower as US inflation data dims Fed rate cut hopes
Feb 12 (Reuters) - Canada's main stock index opened lower on Wednesday, hurt by industrial stocks, after a key U.S. inflation report slashed expectations of interest rate cuts by the Federal Reserve this year.At 9:31 a.m. ET (1431 GMT), the Toronto Stock Exchange's S&P/TSX composite inde...Reuters
Wed, Feb 12
Other
Alpine skiing-Swiss enjoy clean sweep in men's team combined at worlds
Adds quotes and details SAALBACH, Austria, Feb 12 (Reuters) - Switzerland's dominance at the Alpine World Ski Championships continued on Wednesday when they won all three medals in the men's team combined event, with Franjo von Allmen claiming his second gold in Saalbach alongside Loic Me...Reuters
Wed, Feb 12
Stocks
Tenet Healthcare Corp reports results for the quarter ended December 31 - Earnings Summary
Tenet Healthcare Corp THC.N reported quarterly adjusted earnings of $3.44 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $2.68. The mean expectation of eighteen analysts for the quarter was for earnings of $2.97 per share. Wal...Reuters
Wed, Feb 12
Stocks
Dominion Energy Inc reports results for the quarter ended December 31 - Earnings Summary
Dominion Energy Inc D.N reported quarterly adjusted earnings of 58 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 29 cents. The mean expectation of fifteen analysts for the quarter was for earnings of 56 cents per share....Reuters
Wed, Feb 12
Stocks
SpartanNash Co reports results for the quarter ended December 31 - Earnings Summary
SpartanNash Co SPTN.OQ reported quarterly adjusted earnings of 42 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 35 cents. The mean expectation of four analysts for the quarter was for earnings of 31 cents per share. Wal...Reuters
Wed, Feb 12
Stocks
Martin Marietta Materials Inc reports results for the quarter ended December 31 - Earnings Summary
Martin Marietta Materials Inc MLM.N reported quarterly adjusted earnings of $4.79 per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $4.63. The mean expectation of eighteen analysts for the quarter was for earnings of $4.52 per sh...Reuters
Wed, Feb 12
