Major U.S. Companies Report Quarterly Earnings Beats

 

United States: Major corporations reported quarterly earnings this week, showing mixed results that generally beat Wall Street forecasts. Delta Air Lines posted $1.22 billion in fourth-quarter net income on Tuesday, with revenue of $16 billion and updated guidance for the next quarter. Bank of America reported $7.65 billion in fourth-quarter...

Evers Proposes $1.3B Relief, Urges Bipartisan Legislative Action

 

MADISON — Gov. Tony Evers outlined his legislative priorities, proposing a $1.3 billion property tax relief package and urging the Republican-controlled Legislature to enact measures on school funding, SNAP protections, PFAS water cleanup and housing reform. Evers defended his 2023 partial budget veto that adjusted school district levy limits and...

Washington meeting secures minerals cooperation, AI summit plans

 

Washington, Union Minister Ashwini Vaishnaw attended a ministerial meeting convened by US Treasury Secretary Scott Bessent on Tuesday to strengthen critical minerals supply chains and met Assistant to the US President Michael Kratsios to discuss AI Impact Summit in Delhi next month. Participants discussed technology sharing, funding for projects, refining...

Aldi Announces Major U.S. Expansion Including Colorado, Arizona

 

Denver — Aldi announced Monday plans to open more than 50 stores in Colorado, including Denver and Colorado Springs, and to add 180 stores nationwide in 2026 as part of a multi‑year expansion. The company said it will build an Aurora distribution center and open new sites in Phoenix, Las...

Trump urges US firms revive Venezuela's oil industry

 

WASHINGTON: President Donald Trump met oil executives at the White House on Friday and urged US energy firms to invest up to $100 billion to rebuild Venezuela’s oil industry after US forces captured Nicolás Maduro earlier week. He said the United States would choose which companies may operate in Venezuela,...

Trump Proposes 10% One-Year Cap On Credit Cards

 

WASHINGTON, President Donald Trump announced on Jan. 9 that he will cap credit card interest rates at 10 percent for one year, to take effect Jan. 20, 2026. He posted the proposal on Truth Social and the White House amplified the message on social media. Trump accused credit card firms...

Meta secures nuclear supply for Ohio AI data centers

 

Columbus, Ohio — On Jan. 9 Meta Platforms publicly announced 20-year agreements to secure nuclear power from Vistra and development partnerships with TerraPower and Oklo to support its Prometheus AI data center. The deals include purchases from Vistra's Perry, Davis-Besse and Beaver Valley plants and funding for Natrium and SMR...

U.S. Creates White House-Run Fraud Prosecutor Amid Claims

 

Washington. Vice President JD Vance announced this week that the Trump administration will create a new assistant attorney general position to coordinate nationwide fraud investigations, beginning with allegations in Minnesota and expanding nationally. Vance said the Senate-confirmed official will be overseen by the White House rather than the Justice Department...

Acuity Posts Strong Fiscal Q1 Results, Peers Report Profits

 

Atlanta — Acuity Inc. reported fiscal first-quarter net income of $120.5 million and net sales of $1.1 billion for the quarter ended Nov. 30, 2025, the company and filings show. Adjusted earnings per share equaled $4.69 versus analyst estimate $4.52, and reported EPS was $3.82. Acuity reported operating profit of...

Warner Bros Board Rejects Paramount, Reaffirms Netflix Deal

 

LOS ANGELES — Warner Bros Discovery's board rejected Paramount Skydance's revised $108.4 billion bid Wednesday and reaffirmed its continuing support for Netflix's $82.7 billion merger agreement. The board told shareholders the Paramount offer relied on an extraordinary amount of debt financing, described a $30-per-share cash plan that would leave the...