US Fed to review previously flagged bank shortcomings, memo says | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Cranes loom over the construction site of the Federal Reserve headquarters amid renovations of the building, in Washington, D.C., U.S., January 12, 2026. REUTERS/Kevin Lamarque/File Photo [Purchase Licensing Rights, opens new tab]Feb 11 (Reuters) - The Federal Reserve plans to review all issues its examiners had previous ...

Top Democrat on US House China committee open to Nvidia H200 sales | ReutersSkip to main content[Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv]Item 1 of 2 U.S. Representative Ro Khanna (D-CA) speaks during a press conference on the Epstein Files Transparency Act ahead of a House vote on the release of files related to the late convicted sex offender Jeffrey Epstein, on Capitol Hill in Washington, D.C., U.S., November 18, 2025. REUTERS/Annabelle Gordon[1/2]U.S ...

Core Viewpoint - SOLV Energy's shares increased by 20% during its New York debut, achieving a valuation of $5.98 billion, indicating a robust recovery in IPO activity for 2026 [1] Company Summary - SOLV Energy specializes in solar and battery storage solutions, reflecting a growing interest in renewable energy sectors [1] Industry Summary - The significant rise in SOLV Energy's stock price highlights a broader trend of revitalization in the IPO market, particularly in the renewable energy industry [1]

Core Insights - A study by Truveta reveals that 36% of early users of Novo Nordisk's Wegovy weight-loss pill are new to GLP-1 medications, indicating a significant market expansion for the drug [1] - Among patients who started a new prescription for Wegovy, 21.1% had previously used the injectable version of Wegovy, while 15.8% switched from Eli Lilly's Zepbound, another GLP-1 injectable [1] Company Analysis - Novo Nordisk's Wegovy pill was approved by the U.S. Food and Drug Administration on December 22, marking a pivotal moment for the company in the weight-loss medication market [1] - The data suggests that Wegovy is attracting a new demographic of patients who have not previously used GLP-1 drugs, which could lead to increased sales and market share for Novo Nordisk [1] Industry Implications - The findings indicate a growing acceptance and demand for GLP-1 medications in the weight-loss sector, potentially influencing competitive dynamics among pharmaceutical companies [1] - The shift from injectable to oral forms of GLP-1 drugs may reshape patient preferences and treatment protocols within the industry [1]

Core Insights - Meta is investing $10 billion in a new data center in Indiana to enhance its computing power for artificial intelligence applications [1] Company Developments - The new data center is part of Meta's strategy to secure the necessary infrastructure to support its growing AI initiatives [1]

Core Viewpoint - TotalEnergies is seeking clarification from the French government and the EU Commission regarding the EU's ban on Russian liquefied natural gas (LNG) imports [1] Group 1 - TotalEnergies' CEO, Patrick Pouyanne, made the request for clarification on the ban [1]

Group 1 - UBS plans to hire up to 3,000 new roles in India, coinciding with the expected loss of 3,000 jobs in Switzerland due to the integration with Credit Suisse [1][1][1] - The job cuts in Switzerland are anticipated to occur primarily through natural attrition or early retirements, as stated by CEO Sergio Ermotti [1][1][1] - UBS is expanding its operations in India, particularly in Hyderabad, where it aims to double its workforce in the city [1][1][1] Group 2 - The hiring initiative in India is part of UBS's strategy to enhance its technology capabilities, including artificial intelligence [1][1][1] - The Swiss Bank Employees Association emphasizes the importance of retaining as many jobs as possible in Switzerland, although they did not comment on the developments in India [1][1][1]

Ford Motor CEO Jim Farley told employees in a town hall Wednesday that companywide bonuses would be set to 130%, according to four people familiar with the matter, as the automaker delivered on its goal to improve vehicle quality. ...

Core Viewpoint - Mexican telecom giant America Movil is planning a capital expenditure target of 14%-15% of revenues for 2026 and the following years, as stated by finance chief Carlos Garcia [1] Group 1 - America Movil's capital expenditure strategy indicates a focus on maintaining a significant investment level relative to its revenues [1] - The targeted capital expenditure percentage reflects the company's commitment to growth and infrastructure development in the telecom sector [1]

Core Viewpoint - Citigroup's incoming Chief Financial Officer Gonzalo Luchetti highlighted that implementing an interest-rate cap on credit cards would create significant ripple effects across various sectors, particularly in retail and hospitality [1] Group 1: Impact on Retail Industry - The proposed interest-rate cap on credit cards is expected to have extensive implications for the retail industry, potentially altering consumer spending behavior and credit accessibility [1] Group 2: Impact on Hospitality Sector - The hospitality sector may also experience substantial effects due to the interest-rate cap, which could influence consumer travel and spending patterns [1]