US launches $12B strategic rare earths reserve plan

 

Washington — The Trump administration announced Monday it will establish a nearly $12 billion strategic stockpile of rare-earth and critical minerals called “Project Vault.” The White House confirmed that funding will include a $10 billion Export-Import Bank loan and approximately $1.7 billion in private capital to procure and store materials...

Regional firms report mixed fourth-quarter financial results

 

Porterville, Calif. — Regional banks and companies reported fourth-quarter financial results on Monday, releasing earnings and revenue figures through Associated Press snapshots based on Zacks Investment Research. Sierra Bancorp reported $12.9 million in Q4 net income and $0.97 per share, beating EPS estimates; Columbia Financial posted $15.7 million and $0.15...

Duke Energy Requests Voluntary Power Reductions Amid Cold

 

CHARLOTTE, N.C. Duke Energy asked customers across North and South Carolina on Monday to voluntarily reduce electricity use from 4 a.m. to 10 a.m. as temperatures running 10 to 20 degrees below normal increased demand and strained the regional grid. The utility recommended lowering thermostats, avoiding major appliances during peak...

India Announces Rare Earth Corridors, Rs20,000 Crore CCUS

 

New Delhi: Finance Minister Nirmala Sitharaman announced February 1 that the Union Budget will allocate Rs 20,000 crore over five years for Carbon Capture Utilisation and Storage technologies and will support dedicated rare earth corridors in Kerala, Tamil Nadu, Andhra Pradesh and Odisha. The measures aim to scale industrial readiness...

Nashville utility scales restoration amid massive ice outages

 

Nashville residents faced prolonged outages after Winter Storm Fern struck last weekend. NES mobilized workers and mutual aid, initially deploying 120 company linemen and 40 contractors, then expanding crews to more than 1,000 lineworkers and support personnel, including National Guard members. Outages peaked near 230,000 in the NES service area...

Tompkins Financial Reports Strong Q4 Earnings, Revenue Gains

 

Ithaca, N.Y. Tompkins Financial reported fourth-quarter results Friday, announcing net income of $96.2 million and adjusted earnings per share of $1.78, beating estimates. The company disclosed $226.7 million in quarterly revenue and annual profit of $161.1 million for the year. Revenue net of interest expense reached $194.8 million, topping Street...

Several Major Firms Reveal Q4 Earnings Results Friday

 

United States — Multiple companies reported fourth-quarter financial results Friday, with several firms posting earnings-per-share figures above Zacks Investment Research estimates while some missed revenue expectations. Chevron, Exxon, Regeneron, Flagstar, ArcBest and Mechanics Bank released reported and adjusted EPS, net income and revenue totals. ArcBest reported a quarterly loss while...

Trump threatens 50% tariff, decertifies Canadian aircraft

 

WASHINGTON. President Donald Trump threatened Thursday to impose a 50% tariff on Canadian-made aircraft and to decertify Canadian planes, escalating a trade dispute with Canada. He posted on social media that the measures would respond to Ottawa’s refusal to certify Gulfstream jets and would affect Bombardier and all aircraft made...

Brookfield units post divergent Q4 earnings and revenues

 

New York. Brookfield Infrastructure Partners and Brookfield Business Partners reported fourth-quarter results this week, with earnings releases on Jan. 29 and Jan. 30, 2026. Brookfield Infrastructure reported EPS of $0.35 versus $0.37 expected and revenue rose about $860 million year-over-year; prior-quarter EPS missed by $0.09. Brookfield Business Partners reported EPS...

Oshkosh Reports Slight EPS Miss, Confirms Fiscal Guidance

 

United States: Oshkosh Corporation reported Q4 results on Thursday, January 29, 2026, releasing an EPS of $2.26, missing the $2.32 estimate. Revenue rose by $66 million year‑over‑year. Management issued fiscal 2026 earnings guidance of $11.50 per share. Analysts had expected flat revenue and adjusted EPS near $2.31 for the quarter....