Greggory DiSalvo The U.S. Department of Homeland Security (DHS) reversed course Sunday, confirming that TSA PreCheck will remain operational despite earlier plans to suspend the expedited security program during the ongoing government shutdown. “At this time, TSA PreCheck remains operational with no change for the traveling public,” the Transportation Security Administration said, adding it will r...
Greggory DiSalvo The U.S. Department of Homeland Security (DHS) reversed course Sunday, confirming that TSA PreCheck will remain operational despite earlier plans to suspend the expedited security program during the ongoing government shutdown. “At this time, TSA PreCheck remains operational with no change for the traveling public,” the Transportation Security Administration said, adding it will reassess operations if staffing pressures intensify. Global Entry, however, remains suspended, and DHS has halted certain nonessential services, including courtesy escorts at airports for members of Congress. The agency’s funding lapsed Feb. 14 amid a congressional stalemate. For investors, the decision to maintain PreCheck reduces the immediate risk of severe airport congestion that could have disrupted airline operations and passenger volumes. TSA PreCheck plays a key role in managing throughput at major hubs, particularly during peak travel periods. Still, uncertainty remains. Roughly 95% of TSA’s 60,000 employees are required to work during a shutdown, but prolonged funding gaps historically increase absenteeism among unpaid federal workers. That dynamic could create bottlenecks if the standoff drags on. DHS Secretary Kristi Noem said the department is making “tough but necessary work force and resource decisions” and announced that FEMA will suspend non-disaster-related activities, prioritizing active emergencies. ICE and Customs and Border Protection operations are expected to continue largely uninterrupted. The broader takeaway for markets: core airport security functions remain intact for now, limiting near-term operational risk to airlines and airport operators. However, duration risk remains a key variable. Extended shutdown conditions could pressure staffing, traveler confidence and ultimately air traffic volumes. More on Delta Air Lines, American Airlines, etc. Booking Holdings: When Narratives Do Not Match Reality Delta Air Lines: Deleveraging, Margin Discipline...
Redmile Group disclosed a buy of 1,316,390 shares of Scholar Rock Holding Corporation (NASDAQ:SRRK) in a February 17, 2026, SEC filing, with the estimated transaction value at $49.37 million based on quarterly average pricing. According to a SEC filing dated February 17, 2026, Redmile Group, LLC increased its position in Scholar Rock Holding Corporation by 1,316,390 shares during the fourth quarte...
Redmile Group disclosed a buy of 1,316,390 shares of Scholar Rock Holding Corporation (NASDAQ:SRRK) in a February 17, 2026, SEC filing, with the estimated transaction value at $49.37 million based on quarterly average pricing. According to a SEC filing dated February 17, 2026, Redmile Group, LLC increased its position in Scholar Rock Holding Corporation by 1,316,390 shares during the fourth quarter. The estimated trade size was $49.37 million based on the average share price for the quarter. The quarter-end value of the position increased by $84.58 million, which reflects both the additional shares acquired and the impact of market price movements. Scholar Rock Holding Corporation is a clinical-stage biotechnology company specializing in the discovery and development of therapies that modulate protein growth factor signaling. The company leverages a proprietary platform to address unmet medical needs in neuromuscular, oncological, and fibrotic indications. Strategic collaborations and a focused pipeline position Scholar Rock to capitalize on innovative science in high-impact therapeutic areas. Continue reading
Anna Moneymaker/Getty Images News The Trump administration is moving to preserve its tariff agenda after the Supreme Court invalidated the bulk of duties imposed under the International Emergency Economic Powers Act (IEEPA), a decision that had covered roughly 70% of existing levies. U.S. Trade Representative Jamieson Greer made clear that while the legal mechanism may shift, the broader strategy ...
Anna Moneymaker/Getty Images News The Trump administration is moving to preserve its tariff agenda after the Supreme Court invalidated the bulk of duties imposed under the International Emergency Economic Powers Act (IEEPA), a decision that had covered roughly 70% of existing levies. U.S. Trade Representative Jamieson Greer made clear that while the legal mechanism may shift, the broader strategy will not. "The legal tool to implement it, that might change, but the policy hasn't changed," Greer said in a televised interview with ABC News’ “This Week.” "And so, we're aiming for continuity,” he said. “There's a 15% tariff now. It's roughly equivalent to the types of tariffs that we had in place under IEEPA." With IEEPA authority curtailed, the administration has pivoted to Section 122 of the Trade Act of 1974 to implement a new 15% global tariff. That authority, however, is temporary, limited to 150 days unless Congress extends it. For investors, the shift introduces procedural friction but not policy reversal. Greer emphasized the administration retains alternative pathways to impose duties, including Sections 301 (trade violations) and 232 (national security). "We found ways to really reconstruct what we’re doing. Now, it doesn’t have the same flexibility that the president had under the previous authority that he was using, but he gives us very durable tools," Greer said. "It allows us to do investigations, implement tariffs where needed, and provides a lot of leverage and a lot of protection for American industry." He confirmed ongoing Section 301 investigations into Brazil and China and signaled additional probes targeting industrial overcapacity in parts of Asia. "We expect to be initiating investigations related to things like industrial excess capacity," Greer said. "This will cover a lot of these countries in Asia that have overcapacity. They make more than they can consume, and they crush prices throughout the world." Greer also framed tariffs as a strategic...
Author of report for Labour Together on Sunday Times journalists allegedly examined investigations correspondent A lobbyist who examined journalists on behalf of an influential thinktank has now been accused of recently investigating a Guardian reporter. Tom Harper, a senior director at the US public affairs company Apco, was the author of a 58-page report examining the journalists behind a 2023 S...
Author of report for Labour Together on Sunday Times journalists allegedly examined investigations correspondent A lobbyist who examined journalists on behalf of an influential thinktank has now been accused of recently investigating a Guardian reporter. Tom Harper, a senior director at the US public affairs company Apco, was the author of a 58-page report examining the journalists behind a 2023 Sunday Times story about undisclosed donations to Labour Together, the thinktank that was instrumental in Keir Starmer’s Labour leadership victory. Continue reading...
The leader of Scottish Labour will use its spring conference to demonstrate that he is his own man. Ironically, the prime minister’s survival may depend on his success At Scottish Labour’s spring conference last year, Sir Keir Starmer bullishly addressed mounting discontent at his government’s performance, telling his audience: “I always said it would take time to turn this ship around.” On Friday...
The leader of Scottish Labour will use its spring conference to demonstrate that he is his own man. Ironically, the prime minister’s survival may depend on his success At Scottish Labour’s spring conference last year, Sir Keir Starmer bullishly addressed mounting discontent at his government’s performance, telling his audience: “I always said it would take time to turn this ship around.” On Friday, ahead of the Holyrood election in May, Anas Sarwar’s party will assemble again in Paisley. Sir Keir – whose time Mr Sarwar now considers up – is not expected to be on the speaking roster. The Scottish Labour leader’s call for Sir Keir’s resignation this month was instantly interpreted through the prism of a (stillborn) Westminster coup. In truth, it was more an act of self-isolation stemming from exasperation. As they attempt to challenge the hegemony of the Scottish National party (SNP), unionist parties in Scotland must constantly look over their shoulders and worry about what London is doing. But at the time of the general election, no one could have anticipated the chaotic sequence of unpopular policies and U-turns – now compounded by the Mandelson scandal – which appears to have quashed hopes of a Scottish Labour renaissance at Holyrood. Continue reading...
"Devastating" Discovery: New Docs Confirm JPMorgan De-Banked Trump Shortly After Jan 6th Capitol Chaos New court documents released Friday show JPMorgan Chase told President Donald Trump a month after the January 2021 breach of the U.S. Capitol that the bank was closing his accounts. The disclosure was made amid a $5 billion lawsuit Trump filed against JPMorgan and its CEO Jamie Dimon. JPMorgan, t...
"Devastating" Discovery: New Docs Confirm JPMorgan De-Banked Trump Shortly After Jan 6th Capitol Chaos New court documents released Friday show JPMorgan Chase told President Donald Trump a month after the January 2021 breach of the U.S. Capitol that the bank was closing his accounts. The disclosure was made amid a $5 billion lawsuit Trump filed against JPMorgan and its CEO Jamie Dimon. JPMorgan, the nation’s largest bank , said for the first time late Friday that it cut off more than 50 Trump accounts in February 2021 , shortly after Mr. Trump’s first term ended. The accounts included those for Trump hotels, housing developments and retail shops in Illinois, Florida and New York, as well as Mr. Trump’s personal private banking relationship that handled his inheritance from his father, according to letters filed to the court. JPMorgan did not specify in those letters a specific reason for the mass account closings. In one unsigned note to Mr. Trump, dated Feb. 19, 2021, the bank wrote that he would need to “find a more suitable institution with which to conduct business.” The letter closed with, “Thank you for your prompt attention to this matter” - a phrase that President Trump often uses. As NYTimes reports , the President has maintained for years that his bank account closures were politically motivated, and a spokesperson for his legal team said the newest court documents are “a devastating concession that proves President Trump’s entire claim.” “[JPMorgan] admitted to unlawfully and intentionally de-banking President Trump, his family, and his businesses, causing overwhelming financial harm ,” the spokesperson said. “President Trump is standing up for all those wrongly debanked by JPMorgan Chase and its cohorts, and will see this case to a just and proper conclusion.” the attorneys added. Mr. Trump’s lawsuit, which named Jamie Dimon, JPMorgan’s chief executive, as a defendant, contended that the bank put Mr. Trump on a blacklist because it “needed to distance i...
Greenland's PM reminded Trump of its free healthcare, after Trump said he was sending a boat to aid people who were allegedly "not being taken care of".
Greenland's PM reminded Trump of its free healthcare, after Trump said he was sending a boat to aid people who were allegedly "not being taken care of".
Financial difficulties at one of the UK’s most prestigious institutions are a sign of the times. But maintaining free access to great art must be a priority “The National Gallery is doing a great job isn’t it?” David Hockney reflected in 2024. “Everything in the collection is good, every single picture is good.” Judging by recent performance, the artist would seem to be right. The gallery’s blockb...
Financial difficulties at one of the UK’s most prestigious institutions are a sign of the times. But maintaining free access to great art must be a priority “The National Gallery is doing a great job isn’t it?” David Hockney reflected in 2024. “Everything in the collection is good, every single picture is good.” Judging by recent performance, the artist would seem to be right. The gallery’s blockbuster Van Gogh exhibition closed in January last year after a record-breaking 335,000 visitors. Its 200th anniversary celebrations, including the opening of the newly designed Sainsbury Wing and rehang , attracted a 60% rise in visitors since May. But barely 10 months later, the art world is digesting the stark news that the National Gallery will face a deficit of £8.2m in the coming year. Proposed cuts could include fewer free exhibitions, higher ticket prices, less international borrowing and job losses. Two huge cash donations of £150m each are ringfenced to build an ambitious new wing for contemporary art , not for daily running costs. The National’s predicament is a grim reflection of the perilous state of the country’s cultural sector as a whole. Last year the Tate lost 7% of its workforce , and staff took strike action over “endemic low pay”; jobs have been also lost at London’s opulent Royal Academy. Continue reading...
According to a new 13F filing with the Securities and Exchange Commission dated Feb. 20, 2026, Dean Capital Management disclosed a new position in Chesapeake Utilities Corporation (NYSE:CPK) , acquiring 27,851 shares. The estimated value of the trade was $3.47 million, calculated using the average closing price for the quarter. The stake’s quarter-end value also totaled $3.47 million, reflecting b...
According to a new 13F filing with the Securities and Exchange Commission dated Feb. 20, 2026, Dean Capital Management disclosed a new position in Chesapeake Utilities Corporation (NYSE:CPK) , acquiring 27,851 shares. The estimated value of the trade was $3.47 million, calculated using the average closing price for the quarter. The stake’s quarter-end value also totaled $3.47 million, reflecting both the share addition and market movement during the period. Chesapeake Utilities Corporation is a diversified energy delivery company with a focus on regulated and unregulated utility services. Its strategy leverages a balanced portfolio of natural gas, electric, and propane operations to serve a broad geographic footprint. Dean Capital’s new Chesapeake position isn’t the only new bet the firm made on utility businesses during the fourth quarter. It also added new shares of Portland General Electric (NYSE:POR) worth about 3.8 million to the portfolio. Its new Portland General Electric position is the portfolio’s sixth largest out of about 125 holdings. Its new Chesapeake Utilities position is the portfolio’s 11th largest. Continue reading
East coast scrambles to prepare for storm forecast to bring major disruption to more than 35 million people Blizzard conditions were forecast to bring major disruption across the north-eastern United States on Sunday and well into Monday, with a dangerous combination of heavy, wet snow and ferocious winds gusting up to 70mph. Residents along the east coast scrambled to prepare for the late-winter ...
East coast scrambles to prepare for storm forecast to bring major disruption to more than 35 million people Blizzard conditions were forecast to bring major disruption across the north-eastern United States on Sunday and well into Monday, with a dangerous combination of heavy, wet snow and ferocious winds gusting up to 70mph. Residents along the east coast scrambled to prepare for the late-winter storm that spurred blizzard warnings from Maryland to Massachusetts, affecting more than 35 million people. Continue reading...
Realty Income (NYSE: O) just expanded into Mexico and secured a $1.5 billion joint venture while maintaining a 5% monthly dividend. With 98.7% occupancy and long-term leases, this REIT is built for stability, but the real opportunity may lie in its new growth runway. The question
Realty Income (NYSE: O) just expanded into Mexico and secured a $1.5 billion joint venture while maintaining a 5% monthly dividend. With 98.7% occupancy and long-term leases, this REIT is built for stability, but the real opportunity may lie in its new growth runway. The question
Bill Oxford/E+ via Getty Images More than a year after devastating wildfires swept through Los Angeles County, California’s home insurance market remains under severe stress, with rising premiums, shrinking coverage options and mounting pressure on the state-backed insurer of last resort, The Wall Street Journal reported Sunday. Despite approving sizable rate increases to lure private insurers bac...
Bill Oxford/E+ via Getty Images More than a year after devastating wildfires swept through Los Angeles County, California’s home insurance market remains under severe stress, with rising premiums, shrinking coverage options and mounting pressure on the state-backed insurer of last resort, The Wall Street Journal reported Sunday. Despite approving sizable rate increases to lure private insurers back into the market, regulators have yet to reverse a multiyear pullback by major carriers. Several large insurers have limited or halted new policy sales in the state, even after securing double-digit premium increases. While some companies have pledged modest expansion in high-risk areas, overall policy counts remain well below pre-crisis levels. The strain has shifted to the California FAIR Plan, the state’s fallback insurer, whose policy count has more than doubled in two years. The plan is now seeking steep rate increases of its own after absorbing heavy wildfire-related losses and imposing assessments on private insurers to shore up its finances. The broader financial backdrop is challenging. Wildfires have generated tens of billions of dollars in insured losses, and climate-related risk models continue to pressure underwriting assumptions. At the same time, California’s historically strict rate regulations, long designed to keep premiums affordable, are being recalibrated to allow insurers to price more aggressively in exchange for commitments to write new policies in high-risk zones. So far, the results have been mixed. Consumer advocates argue affordability and availability have not materially improved. Regulators counter that restoring market stability after years of underpricing and catastrophic losses will take time. The disruption is spilling into the housing market. Industry surveys show a meaningful share of home sales falling through because of insurance complications, adding friction to transactions in the nation’s largest and most expensive housing market, t...
Founded in 1796, who ever dreamed that Cleveland, Ohio would become a hotspot for retirees who just want to have fun? There's nothing sleepy about this city on Lake Erie. In fact, retirees have to do little more than step outside their doors to find something fun and interesting to do. Image source: Getty Images. A city that did extraordinarily well in The Motley Fool's Best Places to Retire in th...
Founded in 1796, who ever dreamed that Cleveland, Ohio would become a hotspot for retirees who just want to have fun? There's nothing sleepy about this city on Lake Erie. In fact, retirees have to do little more than step outside their doors to find something fun and interesting to do. Image source: Getty Images. A city that did extraordinarily well in The Motley Fool's Best Places to Retire in the Midwest in 2026 report, Cleveland is a powerhouse. Whether you're all about experiencing something new or simply want to spend your retirement surrounded by excitement, Cleveland may be for you. Here's a small sample of the things you could do near home if you retired in Cleveland. Continue reading
American fractured tibia in downhill last week Skier is recovering from injuries in US Lindsey Vonn has hit back at the “haters” who were critical of her decision to take part at this year’s Winter Olympics. The American crashed out early in her run during the women’s downhill competition during the opening weekend of this month’s Games. She suffered a complex tibia fracture and underwent multiple...
American fractured tibia in downhill last week Skier is recovering from injuries in US Lindsey Vonn has hit back at the “haters” who were critical of her decision to take part at this year’s Winter Olympics. The American crashed out early in her run during the women’s downhill competition during the opening weekend of this month’s Games. She suffered a complex tibia fracture and underwent multiple surgeries in Italy before being flown back to the US for further treatment earlier this week. Continue reading...
London police officers assigned to King Charles’ younger brother Andrew Mountbatten-Windsor were instructed to provide security for a dinner party at Jeffrey Epstein’s New York home in 2010, British media reported on Sunday. The Sunday Times, which first reported the story, cited emails from the Epstein files that appear to detail arrangements for Mountbatten-Windsor to stay with the late conv...
London police officers assigned to King Charles’ younger brother Andrew Mountbatten-Windsor were instructed to provide security for a dinner party at Jeffrey Epstein’s New York home in 2010, British media reported on Sunday. The Sunday Times, which first reported the story, cited emails from the Epstein files that appear to detail arrangements for Mountbatten-Windsor to stay with the late convicted sex offender in December 2010, along with his two protection officers from London’s...