Toronto-based chip startup Taalas said on Thursday it had raised $169 million and said it has developed a chip capable of running artificial intelligence applications faster and more cheaply than conv... ...

Visa strikes deal for Prisma, Newpay to boost Argentina presence | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]A Visa credit card is seen on top of other cards in this illustration taken February 3, 2026. REUTERS/Dado Ruvic/Illustration [Purchase Licensing Rights, opens new tab]- Companies[Visa Inc]FollowFeb 19 (Reuters) - Card giant Visa [(V.N), opens new tab] said on Thursday it would buy payment platforms Prisma and Newpay fro ...

 West Virginia sues Apple over iCloud's alleged role in distribution of child sex abuse material | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]A truck from the child advocacy organization Heat Initiative calling on Apple to do more to police child sex abuse material on iCloud, is parked outside the Apple store as people line up to... [Purchase Licensing Rights, opens new tab] Read more- Companies- Summary- Apple filed far fewer ...

Cassava Sciences said on Thursday the U.S. Department of Justice had ended its probe into the company regarding allegations of research misconduct for its experimental Alzheimer's drug simufilam. ...

UK regulator finds competition concerns in Getty-Shutterstock merger probe | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]- Companies[Getty Images Holdings Inc]Follow[Shutterstock Inc]FollowFeb 19 (Reuters) - Britain's competition watchdog said on Thursday it found competition concerns over the supply of editorial content in the UK, as part of its in-depth probe of the proposed merger between U.S.-based Getty Images [(GETY.N), ope ...

Southern Co forecasts annual profit below estimates, raises spending plan | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Electric power transmission pylon miniatures and Southern Company logo are seen in this illustration taken, December 9, 2022. REUTERS/Dado Ruvic/Illustration [Purchase Licensing Rights, opens new tab]- Companies[Alphabet Inc]Follow[Meta Platforms Inc]Follow[Microsoft Corp]FollowShow more companiesFeb 19 (Reuters ...

Core Viewpoint - Evergy forecasts 2026 profit below Wall Street estimates and introduces a new five-year capital spending plan of $21.6 billion to meet increasing electricity demand from large commercial and industrial customers [1] Group 1: Financial Performance - Evergy reported an adjusted profit of 42 cents per share, missing analysts' estimates of 57 cents per share [1] - The company forecasts 2026 adjusted profit to be between $4.14 and $4.34 per share, with a midpoint of $4.24, which is below the analysts' average estimate of $4.28 per share [1] Group 2: Capital Expenditure and Growth Strategy - Evergy's new capital expenditure plan is $21.6 billion, an increase from the previously announced $17.5 billion for 2025–2029 [1] - The utility has signed electric service agreements for four large customer projects, including two new customers and the expansion of two existing projects, under newly approved large load power service tariffs in Kansas and Missouri [1] Group 3: Market Position and Future Outlook - Evergy's strategy reflects a broader shift among regulated utilities to position for sustained demand growth linked to economic development and data center expansion [1] - The company expects adjusted profit growth to exceed 8% starting in 2028 and continuing through 2030 [1]

American Airlines picks CFM International to power upcoming Airbus A321neo jets | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]An American Airlines plane arrives at LaGuardia Airport in the Queens borough of New York City, U.S., November 8, 2025. REUTERS/Kylie Cooper/File Photo [Purchase Licensing Rights, opens new tab]Feb 19 (Reuters) - American Airlines [(AAL.O), opens new tab] said on Thursday it has selected CFM International' ...

Quanta Services forecasts 2026 profit above estimates on strong AI data center-led demand | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Feb 19 (Reuters) - Quanta Services [(PWR.N), opens new tab] on Thursday forecast 2026 profit above Wall Street estimates, as robust investments in AI-infrastructure boosts demand for the energy contractor's core electric segment.Shares of the company rose 6% in premarket trading.Sign up [here.]Th ...

Core Viewpoint - Russia's oil and gas revenue is projected to nearly halve year-on-year in February 2026, primarily due to a stronger rouble and declining oil prices, with expected revenue at 410 billion roubles ($5.35 billion) [1][1][1] Revenue Analysis - The oil and gas sector is crucial for the Russian economy, contributing over 20% to federal budget revenues, which have been significantly impacted by increased defense and security expenditures since the onset of the military campaign in Ukraine in February 2022 [1][1][1] - Monthly revenue is anticipated to rise by 3.1% from January, attributed to a subsidy known as a damper payment, which oil refineries typically receive [1][1][1] - The expected damper payment from oil companies to the state this month is 42 billion roubles, as selling fuel abroad has become less profitable due to current fuel prices [1][1][1] Year-to-Date Projections - Cumulatively, Russia's oil and gas revenue for January and February 2026 is expected to total 800 billion roubles, a decrease from 1.56 trillion roubles in the same period of 2025 [1][1][1] - The budget forecasts total income from oil and gas sales for the year at 8.92 trillion roubles, with overall budget revenue for 2026 projected at 40.283 trillion roubles [1][1][1] - In the previous year, federal budget revenue from oil and gas fell by 24% to 8.48 trillion roubles, marking the lowest level since 2020 [1][1][1]