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BofA commits $25 billion to private credit deals, memo shows
Reuters· 2026-02-19 20:27
BofA commits $25 billion to private credit deals, memo shows | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Bank of America logo appears in this illustration taken December 1, 2025. REUTERS/Dado Ruvic/Illustration/File Photo [Purchase Licensing Rights, opens new tab]Feb 19 (Reuters) - Bank of America [(BAC.N), opens new tab] is committing $25 billion to private credit deals, according to an internal memo seen by Reuters.Traditiona ...
Fintech Clear Street withdraws US IPO filing
Reuters· 2026-02-19 20:19
Fintech Clear Street withdraws US IPO filing | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]The Wall Street sign hangs outside the New York Stock Exchange (NYSE) building on Tuesday following Monday's broad sell off in New York City, U.S., March 11, 2025. REUTERS/Shannon... [Purchase Licensing Rights, opens new tab] Read moreFeb 19 (Reuters) - Wall Street broker Clear Street has withdrawn its registration statement for a U.S. list ...
NASA chief slams Boeing, agency failures in botched Starliner astronaut mission
Reuters· 2026-02-19 20:09
Group 1 - NASA administrator Jared Isaacman criticized Boeing and agency leadership for their management of the Starliner spacecraft mission, which resulted in two astronauts being stranded on the International Space Station (ISS) for nearly a year [1] - A 300-page report was released by NASA, detailing the technical and oversight failures that occurred during Starliner's first crewed flight in 2024, which left astronauts Butch Wilmore and Suni Williams on the ISS for nine months [1]
Walgreens cuts workforce after private equity buyout, Bloomberg News reports
Reuters· 2026-02-19 19:34
Walgreens cuts workforce after private equity buyout, Bloomberg News reports | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]A sign advertises flu, pneumonia, and shingles vaccine shots at a Walgreens pharmacy in Miami, Florida, U.S. September 4, 2025 REUTERS/Marco Bello [Purchase Licensing Rights, opens new tab]- Companies[Amazon.com Inc]Follow[Walmart Inc]FollowFeb 19 (Reuters) - Pharmacy chain Walgreens is laying off over 600 em ...
Johnson & Johnson explores $20 billion sale of an orthopedics unit, Bloomberg News reports
Reuters· 2026-02-19 19:34
Johnson & Johnson is preparing a potential sale of the orthopedics unit that it has been planning to separate, with big buyout firms already circling, Bloomberg News reported on Thursday, citing peopl... ...
Teamsters urge judge to block UPS from offering $150,000 buyouts to drivers
Reuters· 2026-02-19 19:22
Teamsters urge judge to block UPS from offering $150,000 buyouts to drivers | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]United Parcel Service (UPS) vehicles are seen at a facility in Brooklyn, New York City, U.S., May 9, 2022. REUTERS/Andrew Kelly/File Photo [Purchase Licensing Rights, opens new tab]- Companies- Summary- Judge to rule in 'short order' on injunction request- UPS plans to extend buyout offers to 105,000 employees ...
AMD to backstop $300 million Crusoe loan, the Information reports
Reuters· 2026-02-19 19:12
Group 1 - Advanced Micro Devices (AMD) is providing a $300 million loan guarantee to startup Crusoe for the purchase of AI chips [1] - The AI chips will be deployed in a data center located in Ohio [1]
Apple TV partners with EverPass Media to bring sports lineup to bars, hotels
Reuters· 2026-02-19 19:10
Apple TV partners with EverPass Media to bring sports lineup to bars, hotels | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]A 3D printed Apple TV logo is seen in this illustration picture taken May 4, 2021. REUTERS/Dado Ruvic/Illustration/File Photo [Purchase Licensing Rights, opens new tab]Feb 19 (Reuters) - Apple TV [(AAPL.O), opens new tab] has signed a distribution agreement with EverPass Media to bring the streamer's live spo ...
Amazon can be sued over suicides linked to sodium nitrite, court rules
Reuters· 2026-02-19 18:43
Amazon can be sued over suicides linked to sodium nitrite, court rules | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Amazon logo is seen in this illustration created on February 11, 2025. REUTERS/Dado Ruvic/Illustration/File Photo [Purchase Licensing Rights, opens new tab]- Companies[Amazon.com]Follow[Amazon.com Inc]FollowFeb 19 (Reuters) - The Washington Supreme Court ruled unanimously on Thursday that Amazon.com [(AMZN.O), open ...
Imerys freezes UK lithium project to focus on France
Reuters· 2026-02-19 18:29
Core Viewpoint - Imerys has decided to freeze its lithium production project in the UK to concentrate on a more advanced lithium venture in France, indicating a strategic shift in its operational focus [1]. Company Summary - The UK lithium project in Cornwall aimed to produce over 20,000 metric tons annually of lithium carbonate, potentially meeting the lithium demand for around 500,000 electric vehicles [1]. - The project is now placed on care and maintenance, with active development suspended due to the challenges of managing two large-scale projects simultaneously in different countries [1]. - Imerys has received a commitment from the French state to invest 50 million euros (approximately $59 million) for a minority stake in the Emili project in central France, which targets an output of 34,000 tons of lithium hydroxide per year starting in 2030 [1]. - The CEO of Imerys, Alessandro Dazza, acknowledged the strategic value of the UK project, despite the decision to pause its development, following the completion of a scoping study [1].