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D1 Capital’s bet on European turnarounds aids its own recovery
Daniel Sundheim’s hedge fund was under water but made a windfall from Siemens Energy and Rolls-Royce tradesFinancial Times - 2d -
The London Stock Exchange has been left behind by its parent
While its equities platform suffers an exodus, the LSEG itself is a financial success story — with an identity problemFinancial Times - 2d -
Unilever promotes its ‘maverick’ CFO to top spot in surprise move
Fernando Fernandez, the current CFO, will take over as chief executive of the maker of Dove soap and Hellmann’s mayonnaise from Hein Schumacher, who’s stepping down on March 1 “by mutual agreement.”MarketWatch - 2d -
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Starbucks to lay off 1,100 employees and cut drinks from its menu
Starbucks is planning to layoff 1,100 employees at the corporate level. The coffee chain is also slashing about 30% of its menu. CBS News MoneyWatch correspondent Kelly O'Grady has more on what's ...CBS News - 1d -
Facing Trump’s Hostility, Ukraine Weighs Its Options. But They Are Few.
There is a broad reckoning in Ukraine: Washington can no longer be relied upon as a supporter. But Kyiv still has agency on the battlefield and can seek increased support from Europe.The New York Times - 1d -
Athenahealth to offer Abridge's AI scribe to its network of thousands of doctors
Athenahealth will offer Abridge's artificial intelligence scribing tool to its network of more than 160,000 clinicians.CNBC - 1d -
Apple boss says its diversity programmes may change
His comments came as shareholders rejected a call for the firm to consider ending its diversity practices.BBC News - 1d -
Financially Frayed Joann Unravels and Will Close its Stores and Go Out of Business
The fabric and crafts retailer filed for Chapter 11 bankruptcy last month, and will now fold up its operations.Inc. - 1d -
Dem absences could help GOP pass its budget
House Democratic absences on Tuesday could help GOP leaders move their massive budget blueprint through the lower chamber. With just a hairline majority, Speaker Mike Johnson (R-La.) has raced for ...The Hill - 1d -
'Absolute chaos': DOGE sows turmoil in its quest for 'efficiency'
Federal workers say Elon Musk's slash-and-burn approach to the federal government is it less efficient and driving away some of the most talented people.NBC News - 1d -
Super Micro submits its overdue filings. What’s next for the server maker?
Super Micro shares are surging in Tuesday’s late trading, though they fell sharply in the regular session.MarketWatch - 1d -
Can Europe still count on the US coming to its defence?
Trump has engaged Putin and hinted the US may not defend European allies, causing alarm about Nato's future.BBC News - 1d -
How the EU wants to tweak its merger rules to boost growth
Also in this newsletter: Brussels sets the record straight on women’s rightsFinancial Times - 1d -
Ukraine launches one of its largest drone attacks of the war into Russia
Russia's Defense Ministry claimed to have shot down 130 Ukrainian drones on Tuesday night into Wednesday morning.ABC News - 22h -
Taiwan condemns China for holding "live-fire exercises" off its coast
Taiwan says China violated norms and caused a "high degree of danger" by announcing "live-fire exercises without prior warning" just off its coast.CBS News - 20h -
California May Boost Its Controversial $20 Fast-Food Minimum Wage
Less than a year after it came into effect, the state’s alternatively decried and hailed $20 fast-food pay law may get a 3.5 percent boost—reviving clashes during its rollout.Inc. - 12h -
With Its AI-Powered Alexa Plus, Amazon Just Put Apple on Notice
Amazon just showed off the AI future everyone is promising–including Apple.Inc. - 9h -
Salesforce makes a pitch for AI ‘agents,’ but its tempered forecast spooks investors
Shares of Salesforce fell after hours on Wednesday after the customer-service and workplace-analytics platform’s full-year outlook came in below expectations.MarketWatch - 9h -
Nvidia passes its quarterly future-shock stress test
Every quarter is a new nail-biter for the chipmakerFinancial Times - 7h -
Taiwan condemns China for conducting shooting drills off its coast
Taiwan has condemned China’s military exercises after Beijing designated an area to conduct shooting drills off the self-governed island’s southwest coastABC News - 5h -
'OK, I'm in my dream world now.' Lauren Halsey shares a vision for her neighborhood
The Summaeverythang Community Center is the kind of community work that has always been present in Halsey's art practice.Los Angeles Times - Feb. 19 -
Nicolas Cage's ex is suing him and their son. She says Weston Cage beat her and dad shares blame
Nicolas Cage's attorney dismisses the allegations made by Christina Fulton, who's suing Weston Cage for assault and Nicolas for failing to prevent their son from committing acts of violence.Los Angeles Times - Feb. 20 -
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Alibaba shares soar nearly 15% after stellar earnings as China's e-commerce sector recovers
Alibaba has been making 'significant strides' in advancing its AI cloud business after launching its Qwen 2.5-Max flagship AI foundation model, Barclays wrote in a note.CNBC - 6d -
House Republicans representing large shares of Medicaid, SNAP beneficiaries face tough budget test
Some Republicans have raised concerns about potential cuts to anti-poverty programs that their constituents rely on as they search for ways to pay for Trump’s legislative agenda.NBC News - 5d -
Share of €500,000 jackpot offered to men who bought scratchcard with stolen credit card
Winnings as yet unclaimed by thieves in Toulouse who bought scratchcard amid legal debate over who gets payout. Two homeless men who bought a winning lottery scratchcard with a stolen credit card ...The Guardian - 5d -
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Block shares plunge 18%, for worst day on market in 5 years after earnings miss
Block had its worst day on the stock market since 2020 after the company reported an earnings miss.CNBC - 5d -
Dirk Nowitzki shares first reaction to Mavericks' Luka Dončić trade: 'Disappointed and sad for him'
Nowitzki was a mentor for Luka Dončić in Dallas.Yahoo Sports - 5d -
Just Eat shares soar 54% after Prosus offers to buy food delivery firm for $4.3 billion
Just Eat Takeaway.com is poised to be acquired by Dutch technology investor Prosus in a deal worth roughly 4.1 billion euros ($4.3 billion).CNBC - 2d -
Judge blocks Department of Education, federal personnel office from sharing data with DOGE
A federal judge in Maryland has blocked the Department of Education and Office of Personnel Management from sharing the personal information of plaintiffs in a lawsuit against the Trump ...NBC News - 2d -
It’s now a stock picker’s market as more shares outperform the S&P 500. Here’s what that means for your portfolio.
The number of individual stocks outperforming the S&P 500 has exploded since the start of 2025 after a two-year stretch of unusually concentrated performance. That translates to a broader ...MarketWatch - 2d -
Novo Nordisk shares are rallying as Hims & Hers’ stock falters. An Ozempic alternative won’t be available for long.
Novo Nordisk shares rallied on Tuesday as a maker of a weight-loss drug alternative confirmed it won’t be selling it for much longer.MarketWatch - 1d -
Hims & Hers shares plunge 22% on concerns over weight loss business, margins
Hims & Hers on Monday released fourth-quarter results that disappointed on gross margin and sparked concerns about the future of its weight loss business.CNBC - 1d -
Intuit shares jump after results top estimates amid key tax season
Tax-preparation software provider Intuit on Tuesday reported quarterly results that topped Wall Street’s estimates, while forecasting third-quarter sales that were also above expectations.MarketWatch - 1d -
Lakers share tribute to Anthony Davis in his first game back in Los Angeles since Luka Dončić trade
Davis helped the Lakers win a championship in 2020CBS Sports - 1d -
'Trump Gaza' video shared by president originated from pro-Israel accounts that have embraced AI
President Donald Trump posted a bizarre AI-generated video to social media Monday evening depicting an imagined future version of Gaza with bearded belly dancers on the beach, a giant golden statue ...NBC News - 12h -
Super Micro Computer shares surge 12% after company files delayed financials by deadline
Super Micro also filed results for the first two quarters of the fiscal 2025 year and said it has "regained compliance" with Nasdaq requirements.CNBC - 12h -
Rolls-Royce shares surge as group to hit profit targets 2 years ahead of schedule
Stock climbs 15% as results boosted by strong demand for jet enginesFinancial Times - 1h
