Bill and Hillary Clinton agreed on Monday to testify in a House investigation into the convicted sex offender Jeffrey Epstein, days before the chamber was expected to vote to hold them in contempt of Congress. The concession follows a tense back-and-forth between the Clintons and the Republican James Comer, chair of the House oversight committee, who on Monday said that he would insist both Clinto...
Bill and Hillary Clinton agreed on Monday to testify in a House investigation into the convicted sex offender Jeffrey Epstein, days before the chamber was expected to vote to hold them in contempt of Congress. The concession follows a tense back-and-forth between the Clintons and the Republican James Comer, chair of the House oversight committee, who on Monday said that he would insist both Clintons sit for a sworn deposition before the committee in order to fulfill the panel’s subpoenas. “They negotiated in good faith. You did not,” Angel Ureña, a spokesman for the Clintons, replied to Comer, in a post on social media. “They told you under oath what they know, but you don’t care. But the former president and former secretary of state will be there. They look forward to setting a precedent that applies to everyone.” The House was headed towards potential votes this week on criminal contempt of Congress charges against the Clintons. If passed, the charges threatened the Clintons with substantial fines and even incarceration if they were convicted. “The Clintons do not get to dictate the terms of lawful subpoenas,” Comer said. For months, the Clintons had refused to appear before the Republican-led panel, arguing that the subpoenas were legally “invalid” and “unenforceable” and accusing Comer of targeting them as part of Donald Trump’s retribution campaign against his political enemies. A committee letter to the Clintons’ attorneys indicates the pair had offered for Bill Clinton to conduct a transcribed interview on “matters related to the investigations and prosecutions of Jeffrey Epstein” and for Hillary Clinton to submit a sworn declaration. The Republican-controlled oversight panel had advanced criminal contempt of Congress charges last month, in response to the Clintons’ refusal to testify in Congress. On 12 January, attorneys for the Clintons had issued a letter to Comer on why they would not be testifying. They called the subpoenas “invalid and legally unenforc...
"Our regulators after Brexit have been overwhelmed and busy with adapting to the changes that Brexit has caused, and so it means that doing this sort of in-depth work has often been pushed back. And so I think this is a really positive step," she said.
"Our regulators after Brexit have been overwhelmed and busy with adapting to the changes that Brexit has caused, and so it means that doing this sort of in-depth work has often been pushed back. And so I think this is a really positive step," she said.
Shares of Walmart (NYSE: WMT) were moving higher Tuesday morning after it impressed investors with its fiscal fourth-quarter 2024 earnings report. The world's largest retailer posted strong results that easily beat estimates, and also raised its dividend and announced a $2.3 billion acquisition of TV maker Vizio. As of 11:44 a.m. ET, the stock was up 3.4%. Walmart shines over the holidays Walmart ...
Shares of Walmart (NYSE: WMT) were moving higher Tuesday morning after it impressed investors with its fiscal fourth-quarter 2024 earnings report. The world's largest retailer posted strong results that easily beat estimates, and also raised its dividend and announced a $2.3 billion acquisition of TV maker Vizio. As of 11:44 a.m. ET, the stock was up 3.4%. Walmart shines over the holidays Walmart tends to outperform when times are tough and consumers are pinching pennies, and that pattern held true in its fiscal fourth quarter as consumers still coping with the lingering impacts of recent years' high inflation turned to the discount retailer. For the fiscal quarter, which ended Jan. 26, comparable sales at its Walmart U.S. business were up 4%, driving overall revenue up 5.7% to $173.4 billion, ahead of the consensus estimate of $158.4 billion. E-commerce sales growth remained strong, up 23% globally, and exceeding $100 billion in revenue for the year. It also reported 33% growth in its global advertising business, tapping into a new revenue stream -- one that has been quite profitable for rival Amazon. Gross margin improved 39 basis points, which helped drive adjusted operating income up 13.2% to $7.25 billion. Adjusted earnings per share (EPS) rose from $1.71 to $1.80, which was also well ahead of analysts' expectations at $1.53. Management announced a 9% dividend increase to $0.83 per share. That's a greater payout hike than usual for the company, and a sign of confidence in the business. Finally, it's buying Vizio to help accelerate its Walmart Connect advertising business. "Our team delivered a great quarter, finishing off a strong year," said CEO Doug McMillon. "We crossed $100 billion in eCommerce sales and drove share gains as our customer experience metrics improved, even during our highest volume days leading up to the holidays." Can Walmart keep climbing? Looking ahead, the company said it expects revenue growth of 3% to 4% in fiscal 2025 and operating inc...
LONDON, Feb 3 (Reuters) - Google Cloud, one of Alphabet's fastest-growing businesses, and Liberty Global have agreed a five-year strategic partnership to deploy Google's Gemini AI models and other cloud tools across the cable group's European operations. Liberty Global, which has about 80 million fixed and mobile connections across Europe, said the deal - reported by Reuters for the first time ...
LONDON, Feb 3 (Reuters) - Google Cloud, one of Alphabet's fastest-growing businesses, and Liberty Global have agreed a five-year strategic partnership to deploy Google's Gemini AI models and other cloud tools across the cable group's European operations. Liberty Global, which has about 80 million fixed and mobile connections across Europe, said the deal - reported by Reuters for the first time on Tuesday - would support new consumer services, including AI-powered search and discovery on its Horizon TV platform, as well as customer-service automation. More from Yahoo Scout What network improvements are targeted by the agreement? How will the partnership expand Google product offerings? How are telecoms companies using AI partnerships strategically? What AI services will Liberty Global deploy through partnership? "Our expanded partnership with Google Cloud represents a significant milestone for Liberty Global," Mike Fries, CEO of Liberty Global, said in a statement. The companies will also offer more Google products such as Pixel phones and watches as well as smart-home devices through Liberty's operating units, which include Britain's Virgin Media O2, Belgium's Telenet, the Netherlands' VodafoneZiggo and Switzerland's Sunrise. The agreement expands existing collaborations between the two firms. Liberty Global said the new programme aimed to improve network reliability and security, pursue autonomous network operations, and potentially allow Google Cloud to use spare capacity in Liberty's data centres, including via its AtlasEdge joint venture. The companies said the partnership would also target small-business customers with cloud, cybersecurity and AI services, and look at ways to monetise Liberty's telecoms data while maintaining privacy requirements. "Our goal is simple: to use technology to cut through complexity and bring value to our customers and partners," Tara Brady, Google Cloud president for the EMEA region, said. AI partnerships have increase...
MadamLead/iStock via Getty Images The following segment was excerpted from the Sequoia Fund ( SEQUX ) Q4 2025 Shareholder Letter. Shares of Eurofins Scientific SE ("Eurofins") returned 45% in US dollar terms in 2025. As was the case the prior year, the company made good forward progress, both financially and fundamentally. The only notable blemish in 2025 was weak organic growth, as the biopharmac...
MadamLead/iStock via Getty Images The following segment was excerpted from the Sequoia Fund ( SEQUX ) Q4 2025 Shareholder Letter. Shares of Eurofins Scientific SE ("Eurofins") returned 45% in US dollar terms in 2025. As was the case the prior year, the company made good forward progress, both financially and fundamentally. The only notable blemish in 2025 was weak organic growth, as the biopharmaceutical end market remained subdued. We believe this is cyclical, and we anticipate that growth will normalize over time. In any case, we expect Eurofins' revenue and our adjusted version of earnings per share will have grown at a mid-single digit rate and a low double-digit rate, respectively, in 2025. For a few years, Eurofins' results had been pressured by the rolling-off of highly profitable COVID testing revenues, the lingering impact of past inflation, and an operating footprint that had become overextended. To his credit, CEO-founder Gilles Martin was open about the need to tighten up the company's operations on various fronts, and it appears that he is executing his multi-pronged operational improvement plan effectively. Specifically, the company has improved price realization to make up for past inflation, streamlined sites, and taken various targeted cost actions to restore efficiency. As a result, Eurofins' operating margins, as we calculate them, are up more than two hundred basis points since 2023. Significantly, this observable improvement in Eurofins' margins materialized despite elevated spending on two long-running information technology improvement programs. One is a move to a more decentralized information technology footprint that is intended to reduce the risk of a cyber-attack of the sort that the company suffered in 2019. The other involves the development and deployment of a new Laboratory Information Management System across most of the business. Separately, Martin adjusted executive compensation to better prioritize working capital management, an a...
Corning typically flies under the radar, but its products are critical to the artificial intelligence (AI) revolution. Corning (GLW +6.89%) is best known for having supplied the tough, scratch-resistant glass for Apple's iPhone since 2007. However, its stock has more than tripled over the last two years for a completely different reason. Corning has become a leading supplier of fiber-optic cables ...
Corning typically flies under the radar, but its products are critical to the artificial intelligence (AI) revolution. Corning (GLW +6.89%) is best known for having supplied the tough, scratch-resistant glass for Apple's iPhone since 2007. However, its stock has more than tripled over the last two years for a completely different reason. Corning has become a leading supplier of fiber-optic cables for data centers, which are significantly more efficient at moving information between chips and devices than their copper counterparts. As a result, these cables are in high demand from artificial intelligence (AI) developers, and in fact, Facebook parent Meta Platforms (META 1.41%) just placed a multi-year order worth a whopping $6 billion. Here's what this could all mean for Corning stock going forward. The transition to fiber is a huge opportunity The typical data center stack includes graphics processing units (GPUs), central processing units (CPUs), high-bandwidth memory, storage chips, switches, adapters, and more. Nvidia's flagship NV-Link 72 rack includes 72 GPUs that are connected to all of those other components using around two miles of cables. Most data center operators are still using copper, but they are quickly transitioning to fiber-optic cables instead because this material can transmit information faster and over much further distances, with minimal data loss. This is increasingly important because data center nodes are growing in size, so while a 72-GPU stack is common right now, that figure will eventually increase to hundreds of GPUs. This means data has to travel over much longer distances, making optical fiber the clear choice. Meta has around 30 data centers either in operation or planned, including one called Hyperion, which is under construction in Louisiana. Construction is scheduled to finish in 2030, and it will be the company's biggest facility so far. Early estimates suggest it will house around 1.3 million GPUs, so if a single Nvidia NV-Link...
Key Points Corning supplies fiber-optic cables for data centers, which transmit information far more efficiently than copper cables. The company believes the market for data center optical fiber could triple from here as demand from AI developers soars. Corning just signed a blockbuster deal with Meta Platforms, and there could be several more just like it in the pipeline. 10 stocks we like better...
Key Points Corning supplies fiber-optic cables for data centers, which transmit information far more efficiently than copper cables. The company believes the market for data center optical fiber could triple from here as demand from AI developers soars. Corning just signed a blockbuster deal with Meta Platforms, and there could be several more just like it in the pipeline. 10 stocks we like better than Corning › Corning (NYSE: GLW) is best known for having supplied the tough, scratch-resistant glass for Apple's iPhone since 2007. However, its stock has more than tripled over the last two years for a completely different reason. Corning has become a leading supplier of fiber-optic cables for data centers, which are significantly more efficient at moving information between chips and devices than their copper counterparts. As a result, these cables are in high demand from artificial intelligence (AI) developers, and in fact, Facebook parent Meta Platforms (NASDAQ: META) just placed a multi-year order worth a whopping $6 billion. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Here's what this could all mean for Corning stock going forward. The transition to fiber is a huge opportunity The typical data center stack includes graphics processing units (GPUs), central processing units (CPUs), high-bandwidth memory, storage chips, switches, adapters, and more. Nvidia's flagship NV-Link 72 rack includes 72 GPUs that are connected to all of those other components using around two miles of cables. Most data center operators are still using copper, but they are quickly transitioning to fiber-optic cables instead because this material can transmit information faster and over much further distances, with minimal data loss. This is increasingly important because data center nodes are growing in size, so while a 72-GPU stack is common right now, that figure wil...
Earnings Call Insights: Woodward, Inc. (WWD) Q1 2026 Management View CEO Charles Blankenship stated that "2026 is off to an exceptional start for Woodward. Robust demand across both our Aerospace and Industrial segments, combined with disciplined execution by our teams, drove outperformance in the first quarter." He highlighted a 29% year-over-year sales increase and a 54% rise in earnings per sha...
Earnings Call Insights: Woodward, Inc. (WWD) Q1 2026 Management View CEO Charles Blankenship stated that "2026 is off to an exceptional start for Woodward. Robust demand across both our Aerospace and Industrial segments, combined with disciplined execution by our teams, drove outperformance in the first quarter." He highlighted a 29% year-over-year sales increase and a 54% rise in earnings per share, as well as strong cash generation versus historical first quarters. Blankenship noted, "We anticipate that inventory turns will not improve as much as we would like in 2026. Inventory efficiency is a priority, and we are investing substantial resources in process improvement and control, but the impact of these efforts are likely to be felt in late calendar 2026 or even early 2027." The CEO addressed a strategic shift: "We recently announced an important strategic decision to wind down our China on-highway product lines." He described this move as supporting the long-term growth strategy for the Industrial segment. Blankenship outlined near-term priorities: meeting OEM demand growth, expanding world-class service for installed base repair and overhaul, and shifting R&D focus to customer value demonstration for next single-aisle platforms. CFO William Lacey reported, "Net sales in the first quarter of 2026 were $996 million, an increase of 29%... We achieved earnings per share in the first quarter of 2026 of $2.17 compared to $1.42 and adjusted earnings per share of $1.35. There were no adjustments in the first quarter of 2026. We generated $70 million of free cash flow in the first quarter." Lacey detailed that "Aerospace segment sales for the first quarter of 2026 were $635 million compared to $494 million, an increase of 29%. The substantial year-over-year growth was primarily driven by commercial services sales, which increased 50%." Lacey also confirmed, "We made the decision to wind down the China on-highway business by the end of the fiscal year... This decision f...
(RTTNews) - The Singapore stock market has moved lower in two straight sessions, slipping almost 40 points or 0.8 percent in that span. The Straits Times Index sits just above the 4,890-point plateau although it's due for support on Tuesday. The global forecast for the Asian markets is positive on decent economic data, although weakness among the oil stocks may limit the upside. The European and U...
(RTTNews) - The Singapore stock market has moved lower in two straight sessions, slipping almost 40 points or 0.8 percent in that span. The Straits Times Index sits just above the 4,890-point plateau although it's due for support on Tuesday. The global forecast for the Asian markets is positive on decent economic data, although weakness among the oil stocks may limit the upside. The European and U.S. markets were up and the Asian bourses are expected to follow suit. The STI finished slightly lower on Monday following losses from the financial shares and industrial issues, while the property sector was mixed. For the day, the index shed 12.86 points or 0.26 percent to finish at 4,892.27 after trading between 4,861.82 and 4,927.43. Among the actives, CapitaLand Integrated Commercial Trust slumped 0.84 percent, while City Developments climbed 0.97 percent, DBS Group sank 0.54 percent, Genting Singapore advanced 0.68 percent, Hongkong Land plummeted 2.47 percent, Keppel Ltd stumbled 1.65 percent, Mapletree Industrial Trust and Seatrium Limited both shed 0.47 percent, Mapletree Logistics Trust plunged 2.22 percent, Oversea-Chinese Banking Corporation dropped 0.61 percent, SATS retreated 1.58 percent, SembCorp Industries fell 0.33 percent, Singapore Airlines perked 0.16 percent, Singapore Exchange lost 0.40 percent, SingTel jumped 1.09 percent, United Overseas Bank collected 0.34 percent, Wilmar International rose 0.29 percent, Yangzijiang Shipbuilding slipped 0.30 percent and Singapore Technologies Engineering, Thai Beverage, Keppel DC REIT, Mapletree Pan Asia Commercial Trust, CapitaLand Investment, UOL Group, DFI Retail Group, CapitaLand Ascendas REIT and Frasers Logistics & Commercial Trust were unchanged. The lead from Wall Street is upbeat as the major averages opened flat but quickly tracked to the upside and spent the balance of the day in the green. The Dow jumped 515.19 points or 1.05 percent to finish at 49,407.66, while the NASDAQ added 130.29 points or 0.56 p...
The family of a 15-year-old boy who was stabbed to death at school by another pupil has said her son’s murder was “senseless and avoidable” and that a report ordered by the school showed too many “red flags” were missed. Harvey Willgoose died one year ago to the day, and his killer, Mohammed Umar Khan, is serving a minimum term of 16 years’ detention. A report commissioned by the trust that runs H...
The family of a 15-year-old boy who was stabbed to death at school by another pupil has said her son’s murder was “senseless and avoidable” and that a report ordered by the school showed too many “red flags” were missed. Harvey Willgoose died one year ago to the day, and his killer, Mohammed Umar Khan, is serving a minimum term of 16 years’ detention. A report commissioned by the trust that runs Harvey’s school, All Saints Catholic high school in Sheffield, has highlighted a number of missed opportunities in the run-up to the murder. The review was undertaken by a former school headteacher and inspector of schools at Learn Sheffield. Caroline Willgoose told of her family’s anger and pain over failures at the school. She said: “I’ll always be angry by what happened to Harvey, but more than anything, I’m determined to unite people, bring changes for the better. “I’m determined that no other family should be sitting in court listening to how their child was killed, have to read a report that lays bare how their child could have been protected. I want to use my voice for Harvey’s memory to push for real change.” View image in fullscreen Mohammed Umar Khan. Photograph: South Yorkshire Police/PA Media There needed, she said, to be better record-keeping and training in schools nationally. The family have called the report “damning” and said it should be published in full so other schools can learn from mistakes that were made. Yogi Amin, the head of public law and human rights at Irwin Mitchell, which represents Harvey’s family, said the review had identified “weaknesses in leadership”, failure to implement national policy and “serious shortcomings in record-keeping that meant weapons-related concerns and escalating behaviours were not acted upon effectively”. He added: “The catalogue of errors makes for deeply troubling reading and just adds to the hurt and pain Harvey’s family have had to endure following his totally unnecessary death.” The report, Amin said, revealed th...
Stormzy called reading a “superpower” as he backed an initiative aimed at encouraging people who don’t see themselves as readers to pick up a book. The musician’s publishing imprint #Merky Books, which is part of Penguin, is publishing one of this year’s six Quick Reads – short, accessible books created “specifically for nonreaders, lapsed readers, people with short attention spans, and neurodiver...
Stormzy called reading a “superpower” as he backed an initiative aimed at encouraging people who don’t see themselves as readers to pick up a book. The musician’s publishing imprint #Merky Books, which is part of Penguin, is publishing one of this year’s six Quick Reads – short, accessible books created “specifically for nonreaders, lapsed readers, people with short attention spans, and neurodivergent readers”, according to The Reading Agency, which has run the Quick Reads initiative for 20 years. The #Merky Books title is Hunger Pains by Derek Owusu, which will go on sale for £1 in April, along with five other Quick Reads. “Reading helped me when I was young and it still does today,” said Stormzy. “Books have the power to carry you through life.” The rapper said he is “really proud” that Owusu is taking part in the initiative. “His words will reach the people who need them most.” “I encourage anyone who doesn’t usually read to pick up a Quick Read – because reading really is a superpower,” he added. “Music and books are both about finding your voice. We are all made of stories – they define who we are.” Owusu’s book, coming in at 128 pages, centres on Ray, a fitness enthusiast whose “obsession takes its toll” – he turns to “a dangerous online community for support”, while his partner, Temi, a journalist, watches with concern, according to the publisher’s description. “Having never read a book until the age of 24, I wish I had come across Quick Reads sooner,” said Owusu. “They’re accessible, affordable and gentle in their approach, allowing new or lapsed readers to find their way into the pleasure and fulfilment of reading fiction and nonfiction. “I’m excited to be part of their legacy and to add my voice to something that helps people feel confident enough to pick up a book and look forward to spending time with it,” he added. Owusu is also the author of That Reminds Me, Losing the Plot, Borderline Fiction and the editor of Safe: 20 Ways to be a Black Man in Britai...
It feels like a very British monument: a huge chalk figure carved into a steep Dorset hillside that for centuries has intrigued lovers of English folklore and legend. But an appeal to raise money to help protect the Cerne giant – and the wildlife that shares the landscape it towers over – has shown that its allure stretches far beyond the UK. The Guardian’s journalism is independent. We will earn ...
It feels like a very British monument: a huge chalk figure carved into a steep Dorset hillside that for centuries has intrigued lovers of English folklore and legend. But an appeal to raise money to help protect the Cerne giant – and the wildlife that shares the landscape it towers over – has shown that its allure stretches far beyond the UK. The Guardian’s journalism is independent. We will earn a commission if you buy something through an affiliate link. Learn more. Donations have flooded in from more than 20 countries including Australia, Japan and Iceland, and on Tuesday, the National Trust confirmed it had reached its fundraising target to buy land around the giant. The money will be used to improve access to the 55-metre (180ft) figure and to link up a patchwork of habitats, improving conditions for species such as the rare Duke of Burgundy butterfly. It will also enable further archaeological work to help solve the enduring mystery of whom the giant depicts, and when and why it was created. “I think it’s really impressive and heartening that so many people have contributed,” said Luke Dawson, the National Trust’s lead ranger for west Dorset and Cranborne Chase. “The giant is a bit of a folk icon and brings in interest from all spheres. It has that mystical quality that piques a lot of people’s interest.” When the Guardian visited, the giant was at one moment wreathed in wispy cloud and at another brightly lit by shafts of sunshine, turning its face an eerie shade of green. View image in fullscreen Wispy clouds hover over the giant. Photograph: Adrian Sherratt/The Guardian Theories about the figure’s identity and origins have ranged from it depicting a Celtic god or it being an ancient fertility symbol, or even a more recent lampoon of Oliver Cromwell. In 2021, National Trust archaeologists concluded that the giant was probably carved between AD700 and AD1100. The hillside, however, is not just about the giant. Dawson pointed out a rectangular earthwork enclos...
In 2002 Barnsley toyed with a redesign as a Tuscan hill village as it sought out a brighter post-industrial future. In 2021 it adopted the airily vague slogan “the place of possibilities”. Now it is trying a different image: Britain’s first “tech town”. The technology secretary, Liz Kendall, has anointed the South Yorkshire community as a trailblazer for “how AI can improve everyday life” in the U...
In 2002 Barnsley toyed with a redesign as a Tuscan hill village as it sought out a brighter post-industrial future. In 2021 it adopted the airily vague slogan “the place of possibilities”. Now it is trying a different image: Britain’s first “tech town”. The technology secretary, Liz Kendall, has anointed the South Yorkshire community as a trailblazer for “how AI can improve everyday life” in the UK. In the latest move in Labour’s drive to inject AI into Britain’s bloodstream, the government has announced three US tech companies – Microsoft, Google, Cisco and Adobe – have agreed to help as the council pushes to apply AI to local schools, hospitals, GPs and businesses in Barnsley, an area of South Yorkshire which has struggled with unemployment and deprivation since the coal pits closed. The town and its 250,000 people have been chosen because they have already adopted AI faster than many places, said Sir Stephen Houghton, the Labour leader of Barnsley metropolitan borough council. His authority has been using AI assistants for the last couple of years in adult social care and children’s services, and its bin lorries have been enabled with tech to scan roads for potholes. The parcel company Evri, which has one of its largest distribution hubs in the town, has been trialling robot dogs for deliveries. View image in fullscreen Barnsley town hall. Photograph: Richard Saker/The Guardian But local opposition leaders have warned rebranding Barnsley as a tech town “might seem a bit of a leap” and highlighted local anxiety about whether AI is a force for good. The “tech town” status means residents will get free AI and digital training, businesses will be supported to adopt AI, the hospital will test AI tools for check-ins, triage and outpatient care and AI will be tested in schools and at Barnsley College, all in an effort to improve pupils’ results and teachers’ workloads. “The economic basis of Barnsley was destroyed 30 years ago,” Houghton said. “This is the biggest oppor...