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US taps Apple exec to serve as top auto safety regulator
Trump nominates Apple employee as top auto safety regulatorJonathan Morrison will oversee ongoing probes into TeslaMorrison was former chief counsel at NHTSAAdds more details, background in paragraphs 3-10By David Shepardson WASHINGTON, Feb 12 (Reuters) - President Donald Trump has nominated an A...Reuters
Wed, Feb 12
Commodities
First Quantum will not rush into sale of Zambian copper mines stake
Adds background, more details in paragraphs 4-6 JOHANNESBURG, Feb 12 (Reuters) - First Quantum Minerals FM.TO will not rush into a deal to sell a minority stake in its Zambian copper mines, CFO Ryan MacWilliam told analysts on Wednesday after the miner's fourth-quarter results.The Toronto-bas...Reuters
Wed, Feb 12
Stocks
BUZZ-Intel extend gains after VP Vance's speech supporting US-made AI systems
Updates** Shares of Intel INTC.O extend gains on Wednesday after a 6.1% rise in previous session; last up 1.7% at $21.33 in early morning trading** U.S. Vice President JD Vance said at the AI summit in Paris on Tuesday that President Donald Trump's administration would ensure that the most power...Reuters
Wed, Feb 12
Cryptocurrencies
Crypto Market Trends in February: Institutional Growth, AI, and DeFi
The cryptocurrency market started 2025 with strong momentum, reaching a peak market cap of $3.76 trillion on January 7. This surge was fueled by pro-crypto policies from the U.S. government, including discussions on a national crypto reserve, stablecoin regulations, and tax incentives for digital as...NewsBTC
Wed, Feb 12
Other
California insurance commissioner Lara approves $1bn Fair Plan assessment
By Mia MacGregorFeb 12 - (The Insurer) - California insurance commissioner Ricardo Lara has approved the Fair Plan’s request for a $1bn assessment from its member companies to help pay consumer claims after the Southern California wildfires.This move aligns with Lara’s Sustainable Insurance Strategy...Reuters
Wed, Feb 12
Stocks
CVS Health tops profit estimates as new CEO pursues turnaround; shares surge
Updates shares in paragraph 2, adds company comments from conference call in paragraphs 5 and 9, analyst comment in paragraph 12, graphicBy Amina Niasse and Sriparna RoyFeb 12 (Reuters) - CVS Health CVS.N beat Wall Street estimates for fourth-quarter profit on Wednesday and provided an annual forec...Reuters
Wed, Feb 12
Cryptocurrencies
US to release Russian Alexander Vinnik as part of exchange that freed Fogel - New York Times
Feb 12 (Reuters) - The United States will release Russian Alexander Vinnik, a suspected cybercrime kingpin, as part of an exchange with Russia that freed Marc Fogel, the New York Times reported on Wednesday. Vinnik operated BTC-e, once one of the world's largest cryptocurrency exchanges. He was ...Reuters
Wed, Feb 12
Stocks
Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
Cathie Wood had one of her busiest days on the trading floor in months on Tuesday. The co-founder, CEO, and ace stock picker at Ark Invest added to 17 different existing positions across her aggressive growth exchange-traded funds in a single day.I think some of her more interesting purchases on Tue...The Motley Fool
Wed, Feb 12
Stocks
This Was the Average Social Security Benefit in 1995, and Here's What It Is Now
Those of us who are not whippersnappers anymore can probably remember the year 1995 and some of its key events -- such as the O.J. Simpson trial, the Oklahoma City bombing, and the launch of an online bookstore -- Amazon.com. What we probably don't remember, or didn't ever know, was how much money r...The Motley Fool
Wed, Feb 12
Other
Fogel's Russian lawyer chides Biden for lack of support
US teacher Fogel released from Russian prison on TuesdayFogel granted 'wrongfully detained' status too late, lawyer saysFogel's health was deteriorating rapidly in prison, he saysBy Gleb Bryanski MOSCOW, Feb 12 (Reuters) - A Russian lawyer who represented U.S. teacher Marc Fogel in ne...Reuters
Wed, Feb 12
Stocks
BUZZ-CVS surges on Q4 profit beat
Updates** Shares of health insurer CVS Health CVS.N rise 15.2% to $63.36, highest in three months ** Co reports smaller-than-expected drop in Q4 adjusted profit as pace of its insurance unit's medical cost increase slowed** Co reports Q4 adjusted profit of $1.19 per share, above analysts' av...Reuters
Wed, Feb 12
Other
DIARY-Political and General News Events from February 12
Feb 12 (Reuters) - For other diaries, please see:Political and General News POL/DIARYTop Economic Events M/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt Auctions D/DIARYU.S. Federal Reserve FED/DIARYToday in Washington WASH/DIARY ---------...Reuters
Wed, Feb 12
Other
Deals of the day-Mergers and acquisitions
Adds TE Connectivity, ONGC, BlackRock; Updates Spirit Airlines Feb 12 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1430 GMT on Wednesday: ** TE Connectivity said it will buy utility grid products maker Richards Manufacturing Co...Reuters
Wed, Feb 12
Commodities
Burger King parent beats fourth-quarter estimates on strong demand
Adds analyst comments in paragraphs 4 and 6; CEO comment in paragraph 8By Juveria Tabassum and Waylon CunninghamFeb 12 (Reuters) - Restaurant Brands QSR.TO, QSR.N beat fourth-quarter profit and sales estimates on Wednesday, as promotions boosted performance at Burger King while Tim Hortons benefited...Reuters
Wed, Feb 12
Stocks
BUZZ-CME Group climbs after Q4 profit beats expectations
** Shares of derivatives exchange operator CME Group CME.O rise as much as 4.9%, last up 3.9% at $251.05** CME reports Q4 adjusted profit of $2.52/shr, beating Wall Street expectations of $2.44/shr, according to estimates compiled by LSEG** Uncertainty around the U.S. election and economy, as well a...Reuters
Wed, Feb 12
Stocks
BUZZ-Dominion Energy narrows 2025 profit forecast; shares fall
** Shares of utility Dominion Energy D.N fall 1.3% to $55** Company narrows forecast for 2025 adjusted profit per share to range of $3.28 to $3.52, from $3.25 to $3.54** Analysts expected Dominion to post a profit of $3.39 per share in 2025, according to data compiled by LSEG** Company posts Q4 adj...Reuters
Wed, Feb 12
Other
Ex-US solicitor general Neal Katyal joins law firm Milbank
By David ThomasFeb 12 (Reuters) - Former Acting U.S. Solicitor General Neal Katyal has left the partnership of international law firm Hogan Lovells to join rival Milbank, the New York-founded firm said Wednesday.Katyal will lead Milbank's appellate practice from Washington, the firm said. Katyal...Reuters
Wed, Feb 12
Stocks
BUZZ-NXP Semiconductors rises; Morgan Stanley upgrades to 'overweight'
Updates** Shares of chipmaker NXP Semiconductors NXPI.O rise 3.2% to $217.75 in early morning trading** Morgan Stanley upgrades NXPI to "overweight" from "equal weight"; hikes PT to $257 from $231** Brokerage says that cyclical and secular tailwinds are aligning for NXPI** "With ...Reuters
Wed, Feb 12
