Latest in Bonds issued by defense contractors are being snapped up, as stocks fall on talk of spending cuts
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Defense Department to Cut Over 5,000 Workers
The firings are the first of what is expected to be a vast wave of layoffs by the Pentagon.The New York Times - 6h -
Trump’s Rift With Europe Adds Fuel to a Rally in Defense Stocks
A flurry of trading has helped push the Pan-European Stoxx 600 index to a record high as investors expect Europe’s governments to increase military spending.The New York Times - 3d -
Rivian keeps promise on making a profit, but here’s why the stock is falling
Rivian Automotive Inc. makes good on its promise to get to its first quarterly gross profit and blows past Wall Street estimates for its sales.MarketWatch - 17h -
Meta slashes staff stock awards as group embarks on AI spending drive
Most employees will receive about 10% less equity options this yearFinancial Times - 1d -
Tech stocks seem to have ended their ‘difficult relationship’ with the bond market
At least for now, U.S. large-cap technology and growth stocks appear “free of their difficult relationship with long-term yields,” according to DataTrek Research.MarketWatch - 1d -
White House pushes back on criticism of Trump spending cuts
White House press secretary Karoline Leavitt on Friday said Americans support the massive job and spending cuts President Trump has enacted across the federal government since returning to the Oval ...CBS News - 15h -
Keir Starmer urged to ramp up defence spending – UK politics live
This is ‘probably one of the most alarming times for Britain’s defence since the second world war’, says Lib Dem leader Ed Davey as he calls for more spending. The Democratic Unionist Party has ...The Guardian - 17h -
Russia Closes In on Another Ukrainian Region, Even as Peace Talks Pick Up
Russian troops are three miles from Dnipropetrovsk, a region they have never invaded. If they cross into it, the advance would be a morale blow to Ukraine and complicate any territorial negotiations.The New York Times - 22h -
How Cisco’s AI defense stacks up against the cyber threats you never see
Cisco AI Defense is purpose-built to address the security paradox AI creates with its exponential growth in enterprisesVentureBeat - 1d -
Bracketology: Tennessee faces Texas A&M in battle of No. 2 seeds who could move up if a top-line team falls
This weekend could see some movement in Jerry Palm's NCAA Tournament bracket projectionCBS Sports - 14h -
Longtime James Bond producers give up creative control to Amazon MGM Studios
Amazon MGM Studios and longtime 007 producers Michael G. Wilson and Barbara Broccoli have formed a new joint venture to house the James Bond intellectual property rights.Los Angeles Times - 1d -
Federal worker fired by Trump administration talks about losing her dream job amid major cuts
Katie Sandlin thought she landed her dream job at the NIH as an educator. She spent her life savings to move from Alabama to just outside Washington, D.C. After only a few weeks on the job, she was ...CBS News - 17h -
Pentagon firings to begin next week in effort to cut up to 8 percent of civilian workforce
The Pentagon seeks to cut more than 5,000 civilian employees on probation status beginning next week in a bid to eventually shave off up to 8 percent of the U.S. military’s civilian workforce, the ...The Hill - 9h -
Steinbrenner: No edict for Yankees to spend less
Yankees owner Hal Steinbrenner said Friday that he has not ordered his front office to drop the team's player payroll, adding, "We know what our fans expect."ESPN - 6h -
Sources: Saints hiring Staley to run defense
The Saints are hiring former Chargers head coach Brandon Staley as their defensive coordinator, sources told ESPN's Adam Schefter and Jeremy Fowler.ESPN - 5h -
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The Watergate-Inspired Law That’s Being Used to Fight DOGE
Here's how the 1974 Privacy Act is being used in legal battles against DOGE—and how you can protect yourself from government surveillance.Wired - 1d -
Why Being Trustworthy Is a Leadership Hack That Drives Success
Leaders who cultivate trust can significantly reduce employee churn and improve organizational performance.Inc. - 1d -
Block shares fall on profit, revenue miss
Block, formerly known as Square, got off to a sluggish start on Wall Street this year after underperforming the Nasdaq in 2024.CNBC - 1d -
UK budget surplus for January falls short of expectations
Figures come as chancellor struggles to revive the economy, with business survey showing activity is stallingFinancial Times - 20h -
Why 'Severance' would fall flat with the American workforce
While there’s no polling data asking about whether we’d be willing to become “severed,” don’t expect Americans to clamor for it any time soon.The Hill - 16h -
Why ‘Trump regime refugees’ are falling in love with Madrid
Americans are finding a haven in Spain where their spending power goes a long wayFinancial Times - 3h -
Amazon is taking control of the James Bond movie franchise
Amazon MGM Studios, the tech giant's film unit, plans to take "creative control" of the James Bond series under a new deal with the franchise's longtime producers.NBC News - 1d -
Ford, Rivian recall over 250,000 vehicles due to seatbelt, headlight issues
The companies said the repairs on the issues will be performed free of charge for owners.CBS News - 14h -
Tesla recalls more than 376,000 vehicles over power steering issue
Loss of power steering caused by overstressed motor drive components will require increased steering effort from driver, raising risk of crash, NHTSA says.CBS News - 13h -
'Euphoria' star Hunter Schafer says she was issued a male passport
"Euphoria" star Hunter Schafer, who is one of the most prominent transgender woman in Hollywood, revealed Friday that her new passport was issued with a male gender marker against her will.NBC News - 13h -
Tesla recalls more than 375,000 vehicles for power steering issue
Tesla is recalling more than 375,000 vehicles in the United States due to a power steering issues, the National Highway Traffic Safety Administration announced Friday.NBC News - 15h -
Why College Athletics Leaders Seem to Be Ignoring a Core Issue
Not addressing the unlimited transfer problem is delaying the inevitable, a columnist for The Athletic writes.The New York Times - 13h -
Actress Hunter Schafer says she was issued a male passport
Hunter Schafer, one of Hollywood’s most visible transgender stars, said she was issued a U.S. passport with a male gender marker after her original passport, which listed her gender as female, was ...The Hill - 11h -
Saints hire former Chargers coach Brandon Staley to be their defensive coordinator
The Saints' new defensive coordinator is a familiar face to NFL fans.Yahoo Sports - 14h -
Trump officials want to ban junk food from SNAP. Past efforts show it's not easy to do
A push to ban sugary drinks, candy and more from the Supplemental Nutrition Assistance Program may soon get a boost from new Trump Administration officialsABC News - 2d -
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 - 22h -
Tyler Herro scores 28 points as Heat beat Raptors 120-111 in overtime to snap 4-game skid
Tyler Herro scored 10 of his 28 points in the fourth quarter and overtime, Andrew Wiggins added 25 points and the Miami Heat snapped a four-game losing streak by beating the Toronto Raptors 120-111ABC News - 5h -
'History Matters,' a posthumous essay collection by David McCullough, will be published this fall
A collection of essays by the late David McCullough, including some never published before, will be released this fallABC News - 3d -
Elon Musk’s DOGE Is Being Sued Under the Privacy Act: What to Know
At least eight ongoing lawsuits related to the so-called Department of Government Efficiency’s alleged access to sensitive data hinge on the Watergate-inspired Privacy Act of 1974. But it’s not ...Wired - 3d -
WATCH: Baby seal rescued after being found on Connecticut street
A young seal has a new home at the Mystic Aquarium after it was discovered on the snowy streets of New Haven.ABC News - 2d -
German elections: When are they, what’s being decided and how that will impact markets
The election for the 630-seat Bundestag is taking place on Sunday, Feb. 23. It’s happening seven months early after a snap election was agreed.MarketWatch - 1d -
What to know about the key laws being invoked in Trump legal challenges
Many of the dozens of lawsuits challenging the Trump administration's actions hinge on alleged violations of decades-old federal laws.CBS News - 21h