Month: February 2026
UK’s latest political standoff threatens to put a ‘Damocles sword’ over Britain’s bond market, investors warn
U.K. Prime Minister Keir Starmer leaves Downing Street on February 02, 2026 in London, United Kingdom. Alishia Abodunde | Getty Images News | Getty Images UK Prime Minister Keir Starmer is defying calls for his resignation, but an analyst has warned of a “Damocles sword” hanging over the influential bond market until it’s clear who […]
Read More
Elon Musk’s xAI loses co-founder Tony Wu in latest senior departure
Jaap Arriens | Nurphoto | Getty Images Elon Musk’s xAI has lost another founding member. Tony Wu announced late on Monday that he resigned from the artificial intelligence startup, becoming the latest co-founder to leave the company. Others, including Igor Babuschkin, Kyle Kosic and Christian Szegedy, have also departed, and Greg Yang announced last month […]
Read More
Trump Commerce Sec. Lutnick admits visiting Epstein island during family vacation
Trump administration Commerce Secretary Howard Lutnick on Tuesday admitted he and his family had lunch on the private island of notorious sex offender Jeffrey Epstein years earlier. “I did have lunch with him, as I was on a boat going across on a family vacation” in 2012, Lutnick said in testimony before the Senate Appropriations […]
Read More
Jeffrey Epstein has sparked a political crisis threatening the UK government. Here’s what’s happening
British Prime Minister Keir Starmer (R) talks with then-ambassador to the United States Peter Mandelson during a welcome reception at the ambassador’s residence on February 26, 2025 in Washington, DC. Carl Court | Getty Images News | Getty Images The release of further Epstein files last week triggered a series of events that left U.K. […]
Read More
EPA set to revoke ‘endangerment finding’ that underpins all climate regulation
The sun sets behind burning gas flares at the Dora (Daura) Oil Refinery Complex in Baghdad on December 22, 2024. Ahmad Al-rubaye | Afp | Getty Images The Environmental Protection Agency moved to finalize the revocation of a critical scientific finding that undergirds the U.S. government’s climate regulations and ability to regulate greenhouse gases, the […]
Read More
How this French building behemoth wants to solve the U.S. housing dilemma
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. French […]
Read More
Paramount sweetens WBD bid, but stops short of raising its per-share value
Paramount Skydance said Tuesday it has sweetened its offer for Warner Bros. Discovery, adding a so-called “ticking fee” to signal regulatory confidence among other new elements. Paramount stopped short, however, of raising its per-share offer to WBD shareholders. In December, Paramount launched a hostile tender offer for the entirety of Warner Bros. Discovery at $30 […]
Read More
GOP Sen. Johnson slams Dems’ ‘obnoxious’ judicial warrant demand as another shutdown looms
U.S. Senator Ron Johnson (R-Wisc.) speaks with reporters after a vote in the U.S. Capitol June 3, 2025. Annabelle Gordon | Reuters Sen. Ron Johnson, R-Wis., on Tuesday slammed Democrats for conditioning Homeland Security Department funding on a requirement that federal immigration agents must obtain judicial warrants to carry out key enforcement activities. Johnson, in […]
Read More
Michael Saylor downplays Strategy credit risk as bitcoin tumbles: ‘We’ll refinance the debt’
Key Points If bitcoin continues to fall, Strategy plans to just refinance its debt, claims CEO Michael Saylor. Saylor refuted the idea that Strategy would sell any of its digital asset holdings: “I expect we’ll be buying bitcoin every quarter forever,” he said. Strategy holds 714,644 bitcoins, making it the largest corporate owner of the […]
Read More
Spotify pops 14% on strong user growth, earnings beat
Muhammed Selim Korkutata | Anadolu | Getty Images Spotify‘s stock popped 14% as the music streaming platform added more users and bolstered features in newer markets. Here’s how the company did compared to LSEG estimates. Earnings per share: 4.43 euros vs 2.74 euros expected Revenue: 4.53 billion euros vs 4.52 billion euros expected Revenues in […]
Read More