Author: Press Room
Check out the companies making the biggest moves midday: Financials — The financials sector of the S & P 500 slid more than 3% in midday trading, the worst performer in the broad market. Alternative asset managers KKR and Blackstone slid roughly 9% and 7%, respectively, after activist hedge fund Saba Capital Management and Cox Capital Partners said they plan tender offers to buy stakes in a trio of Blue Owl credit funds. Blue Owl shares were last off more than 5%. American Express dropped more than 7%, and Goldman Sachs fell nearly 4%. Cybersecurity — Anxiety over artificial intelligence…
An aerial view of the Tesla Fremont Factory in San Rafael, California, Jan. 29, 2026.Justin Sullivan | Getty ImagesTesla is suing California’s Department of Motor Vehicles to reverse a ruling that found the automaker violated the law by falsely promoting its cars’ self-driving capabilities.The suit comes two months after the state’s Office of Administrative Hearings determined that Tesla engaged in false advertising, and said the DMV could temporarily suspend the company’s licenses to manufacture or sell cars in the state. The DMV instead asked Tesla to clean up its marketing language. By Feb. 17, the agency said Tesla had done…
Uber to acquire SpotHero.Courtesy: Uber Technologies, Inc.Uber said it’s acquiring SpotHero, a company that provides a parking reservation app for crowded downtowns, sporting events and concerts. Terms weren’t disclosed, but Uber said on Monday that it plans to offer a “parking reservation experience, powered by SpotHero” within its own app to help users find parking for events, venues and airports. “For the moments when people do choose to drive, SpotHero on the Uber app will make the experience easier than ever, and bring more people into the Uber ecosystem,” Uber CEO Dara Khosrowshahi said in a statement. Earlier this month,…
NEWYou can now listen to Fox News articles! A Texas woman was arrested after police say she was caught testing Molotov cocktails, sparking numerous fires throughout a city outside Dallas.Authorities with the Commerce Police Department were investigating the source of several fires that had happened across Commerce, Texas, over the course of 36 hours last week, officials said in a statement. Jamia Howell is charged with arson and possession of a prohibited weapon in Commerce, Texas, according to the Commerce Police Department. (Commerce Police Department)On Saturday, a night-shift officer spotted a fire at Centennial Park – located approximately 70 miles…
Senators on the social affairs committee want to see immigration-related sections in the government’s border security bill, C-12, removed or significantly modified by the Senate national security committee. The national security committee is responsible for tabling amendments, while the social affairs committee has conducted an in-depth study of the bill’s immigration measures.The national security committee began Monday with independent Senator Tony Dean reading a lengthy letter on behalf of Public Safety Minister Gary Anandasangaree and Immigration Minister Lena Diab on the rationale for the bill, responding to issues raised in the social affairs committee study.The letter stressed that there is…
Media group Nine Entertainment said a cost cutting program helped it post an adjusted net profit up 30 per cent to $95.1 million on revenue from continuing operations down 4 per cent to $1.06 billion for the six months ending December 31.Chief executive Matt Stanton said $43 million in cost savings achieved during the half boosted the profit, despite a weak advertising market for its core free-to-air television business.“Calendar year 2026 has started on a positive note,” Mr Stanton said. “We’re seeing continued strength in the subscriptions markets and a more positive start in advertising – all underpinned by Nine’s…
Serious allegations of corruption have been levelled against Mr Rahman and other senior BNP figures in the past. The party has also been criticised for attempting to entrench itself by politicising the bureaucracy during its previous stints in power. Yet, throughout the electoral campaign, Mr Rahman has tried to present a new face of the BNP and projected the party as a force for change. Furthermore, in selecting his Cabinet, Mr Rahman is trying to bring in new faces untainted by corruption allegations. That said, it is a political reality that he needs to retain the support of old BNP hands who…
Slovakia had issued a two-day ultimatum to Ukraine to reopen the Soviet-era Druzhba pipeline so that it could receive Russian oil deliveries.Listen to this article | 3 minsinfoPublished On 23 Feb 202623 Feb 2026Click here to share on social mediashare2ShareSlovak Prime Minister Robert Fico has said his country will halt emergency electricity supplies to Ukraine until Kyiv reopens a key pipeline transporting Russian oil to Slovakia, making good on an ultimatum he issued to Ukrainian President Volodymyr Zelenskyy.Fico’s announcement on Monday came two days after he warned Zelenskyy on social media that he would ask state-owned company SEPS to halt emergency supplies…
NEWYou can now listen to Fox News articles! FIRST ON FOX: After President Donald Trump and Department of Homeland Security Secretary Kristi Noem met Monday with Angel Families impacted by crimes committed by illegal immigrants, the agency announced it had arrested additional illegal immigrants convicted of sexual assault and violent crimes.Deputy Assistant Secretary Lauren Bis told Fox News Digital that “while Americans were enjoying their weekends, the heroic men and women of ICE were working around the clock to get the worst of the worst criminal illegal aliens out of our country, including pedophiles, rapists and violent assailants.”Bis said that…
NEWYou can now listen to Fox News articles! An 11-year-old girl from Massachusetts was identified as the victim of an avalanche in Utah during a skiing vacation, according to police.Madelyn Eitas, 11, of Rochester, Massachusetts, was identified as the victim of the avalanche that happened at Brighton Ski Resort in Brighton, Utah, around 12:30 p.m. on Thursday, Feb. 19.According to the Unified Police Department of Greater Salt Lake, when authorities arrived on the scene, the girl’s family and “over 20 citizens in the area” had begun the initial search and rescue efforts.Authorities credited the 11-year-old’s brother, Cameron Eitas, as “heroically”…
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