Yahoo Finance Head of News Myles Udland takes a closer look at some of Tuesday morning's trending tickers and stories. Jefferies (JEF) stock is moving higher after the Financial Times reported that Sumitomo Mitsui Financial Group (SMFG) is weighing a buyout of the firm. Bloomberg later reported that SMFG has no immediate takeover plans. Estée Lauder (EL) is in talks to merge with Spanish beauty br...
Yahoo Finance Head of News Myles Udland takes a closer look at some of Tuesday morning's trending tickers and stories. Jefferies (JEF) stock is moving higher after the Financial Times reported that Sumitomo Mitsui Financial Group (SMFG) is weighing a buyout of the firm. Bloomberg later reported that SMFG has no immediate takeover plans. Estée Lauder (EL) is in talks to merge with Spanish beauty brand Puig (PUIG.MC). Tesla's (TSLA) European sales are rebounding. The company reported a monthly sales increase in the region for the first time in over a year.
Phiwath Jittamas/iStock via Getty Images Fund performance Columbia Cornerstone Growth Fund Institutional Class shares returned 2.19% for the three months ending December 31, 2025. The fund's benchmark, the Russell 1000 Growth Index, returned 1.12% for the same period. In sector terms, positioning within health care, consumer discretionary, financials and communication services led contributions to...
Phiwath Jittamas/iStock via Getty Images Fund performance Columbia Cornerstone Growth Fund Institutional Class shares returned 2.19% for the three months ending December 31, 2025. The fund's benchmark, the Russell 1000 Growth Index, returned 1.12% for the same period. In sector terms, positioning within health care, consumer discretionary, financials and communication services led contributions to relative performance, while positioning within information technology and industrials weighed most heavily on performance. Market overview U.S. equities posted a gain of 2.41% in the fourth quarter, as measured by the Russell 1000 Index. The positive three-month return was primarily a function of the same factors that propelled stocks over the full year: namely, better-than-expected economic growth, robust corporate earnings results and inflation that largely remained below an annualized rate of 3%. The U.S. Federal Reserve continued to ease policy, cutting rates by a quarter point at its meetings in October and December and announcing an end to the multi-year effort to reduce the size of its balance sheet. Stocks also remained supported by ongoing excitement surrounding the artificial intelligence (AI) theme, albeit with a brief stretch of concern in November that AI-related equities were in a "bubble." Notably, the quarter was characterized by a broadening of leadership away from the mega-cap technology stocks that had been key drivers of market performance for most of the year, as value stocks outpaced their growth counterparts. At the style level, value stocks rose 3.81% — based on the Russell 1000 Value Index — and outpaced the 1.12% gain for the Russell 1000 Growth Index. Top holdings (% of net assets): as of December 31, 2025 NVIDIA 13.03 Apple 10.72 Microsoft 10.68 Amazon.com 6.17 Alphabet-A 5.37 Broadcom 4.79 Meta Platforms 4.41 Eli Lilly & Company 3.76 Visa 2.90 Netflix 2.11 Top holdings exclude short-term holdings and cash, if applicable. Fund holdings are as of...
Shiffrin wins slalom to move 85 points clear overall Aicher must win Wednesday’s giant slalom finale American star eyes record-tying sixth overall crown Mikaela Shiffrin v Emma Aicher for the most prestigious title in women’s skiing will go to the season-ending final race on Wednesday. Shiffrin won yet another slalom on Tuesday – her ninth in 10 World Cup starts this season – by a massive margin o...
Shiffrin wins slalom to move 85 points clear overall Aicher must win Wednesday’s giant slalom finale American star eyes record-tying sixth overall crown Mikaela Shiffrin v Emma Aicher for the most prestigious title in women’s skiing will go to the season-ending final race on Wednesday. Shiffrin won yet another slalom on Tuesday – her ninth in 10 World Cup starts this season – by a massive margin of 1.32sec ahead of Wendy Holdener. Continue reading...
Launched in August 2025, Howdy features a library of nearly 10,000 hours of content from its partners, including Lionsgate, Sony Pictures, Disney Entertainment, Warner Bros. Discovery, and FilmRise, alongside select Roku Original titles.
Launched in August 2025, Howdy features a library of nearly 10,000 hours of content from its partners, including Lionsgate, Sony Pictures, Disney Entertainment, Warner Bros. Discovery, and FilmRise, alongside select Roku Original titles.
When the Trump administration announced plans last year to rescind a rule limiting roadbuilding and timber harvests on millions of acres of national forests and grasslands, officials called the repeal necessary to prevent and manage wildfires. But as the US Department of Agriculture prepares to release its draft environmental impact statement for the rescission, that justification is unraveling. A...
When the Trump administration announced plans last year to rescind a rule limiting roadbuilding and timber harvests on millions of acres of national forests and grasslands, officials called the repeal necessary to prevent and manage wildfires. But as the US Department of Agriculture prepares to release its draft environmental impact statement for the rescission, that justification is unraveling. And many critics of the move see the claim that roads are needed to fight fires in remote forests as cover for a giveaway to the timber industry. On average, about 8 million acres have burned each year between 2017 and 2021, according to the Congressional Budget Office , nearly double the average from 1987 to 1991. Wildfires on federal lands average about five times the size of those in the rest of the country, leading some of the nation’s top land managers to argue that national forests are a front line for fighting the nation’s steep increase in wildland blazes. Read full article Comments
Epic Games Inc. is cutting more than 1,000 jobs across the company, amid a downturn in engagement with its Fortnite video game. “We’re spending significantly more than we’re making, and we have to make major cuts to keep the company funded,” the company said in a blog post on Tuesday. “This layoff, together with over $500 million of identified cost savings in contracting, marketing, and closing so...
Epic Games Inc. is cutting more than 1,000 jobs across the company, amid a downturn in engagement with its Fortnite video game. “We’re spending significantly more than we’re making, and we have to make major cuts to keep the company funded,” the company said in a blog post on Tuesday. “This layoff, together with over $500 million of identified cost savings in contracting, marketing, and closing some open roles puts us in a more stable place.” The company said it will offer at least four months of severance to affected employees. This is Epic’s second major round of layoffs in three years. In September 2023, the company eliminated 830 employees for similar reasons. Last week, Epic raised the prices of Fortnite ’s in-game currency , writing in a blog post that “The cost of running Fortnite has gone up a lot and we’re raising prices to help pay the bills.”
The European Union is seeking to achieve a political deal within less than three months on shielding banks from the full force of new capital rules known as Fundamental Review of the Trading Book, amid concerns about eroding competitiveness. The EU’s executive arm, the European Commission , is set to present 13 proposals on how to change the FRTB rules at a meeting with the so-called Expert Group ...
The European Union is seeking to achieve a political deal within less than three months on shielding banks from the full force of new capital rules known as Fundamental Review of the Trading Book, amid concerns about eroding competitiveness. The EU’s executive arm, the European Commission , is set to present 13 proposals on how to change the FRTB rules at a meeting with the so-called Expert Group on Banking, Payments and Insurance scheduled for Wednesday, according to a document seen by Bloomberg News. The recommendations will include a ‘bank-based multiplier’ that would be designed to neutralize the FRTB impact for three years. In order to implement the changes, the EU would need to adopt a new delegated act, which requires a non-objection from Europe’s parliament and council. In the briefing document for Wednesday’s meeting, the EU said it aims to complete those steps imminently, to “allow for an adoption by the commission in the first half” of June. Read More: US Twist on Bank Trading Rules Fuels Parity Demands in EU The debate comes amid rising concern among the industry and EU governments that US efforts to ease the regulatory burden on lenders could make European banks less competitive. An announcement from the Federal Reserve last week to implement the rules in a way that substantially waters them down has exacerbated that concern and led to an immediate clamor from bank lobbies for Europe to revise its proposals. “The EU should move swiftly on postponing FRTB to avoid worsening competitive distortions,” French Banking Federation head Maya Atig said at a press conference Monday. The FRTB rules will ultimately force many banks to set aside more capital for their trading operations. The Commission decided last this year to postpone the measures until 2027 and it subsequently floated the idea of shielding banks from the impact. A representative of the commission did not immediately reply to a request for comment.
A consortium led by Indian billionaire Kumar Mangalam ’s Aditya Birla Group , The Times of India Group, David Blitzer ’s Bolt Ventures and Blackstone are set to buy the Royal Challengers Bengaluru , according to people familiar with the matter. The Indian Premier League franchise is valued at about $1.8 billion, the people said, asking not to be identified as the information is private. The deal f...
A consortium led by Indian billionaire Kumar Mangalam ’s Aditya Birla Group , The Times of India Group, David Blitzer ’s Bolt Ventures and Blackstone are set to buy the Royal Challengers Bengaluru , according to people familiar with the matter. The Indian Premier League franchise is valued at about $1.8 billion, the people said, asking not to be identified as the information is private. The deal follows a strategic review by United Spirits Ltd. , the Indian unit of Diageo Plc , which owns the franchise through Royal Challengers Sports Pvt. A potential sale has been closely watched as a benchmark for valuations in the Indian Premier League, where team stakes are increasingly viewed as trophy assets drawing global capital. The league has grown into a global entertainment powerhouse, rivaling the commercial scale of competitions such as the National Football League and the English Premier League . The spokesperson for Birla Group didn’t immediately respond to a request for comment Representatives for The Times of India Group, Bolt Ventures and Blackstone declined to comment. The transaction is set to mark the first sports team investment for Blackstone. The firm is investing through its Private Equity Strategies fund, Bloomberg previously reported. Times Internet has been expanding its global cricket media and intellectual property footprint, including investments in US-based Major League Cricket and England’s The Hundred tournament. Unlike the original team sales orchestrated by the Board of Control for Cricket in India, which permitted buyers to stagger payments over a decade, secondary sales now mandate new buyers to pay the full amount upfront, the people added. The high cost of these stake sales, estimated to be between $1.3 billion and $2 billion, has necessitated partnerships, including billionaires, private equity firms, and other interested parties, to finance the deals, the people familiar with the matter added. The IPL is the planet’s most profitable and wid...