Anthropic Is Now Worth $380 Billion. Software's Pain Is AI's Gain
AI leaders Anthropic, OpenAI, and SpaceX just keep getting bigger, threatening to crowd out all the other companies that want to go public.
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FTC Warns Apple of Potential Federal Law Violation Regarding Apple News
The letter from FTC Chairman Andrew Ferguson cited reports that Apple News promoted news articles from left-wing news outlets and suppressed news articles from more conservative publications.
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L'Oreal Bullish on Outshining Rivals in Attractive Beauty Market
The French cosmetics giant said it is confident of netting further gains in revenue and earnings as it looks to strengthen its dominant position in the beauty market.
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CarMax Taps Hotel Veteran to Lead Turnaround
Keith Barr, former chief executive of IHG Hotels & Resorts, will take the helm of the used-car retailer in March.
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Restaurant Brands Slows Burger King Remodeling Program as Costs Stay Elevated
Restaurant Brands International is slowing the pace of its Burger King remodeling program as higher construction and materials costs force the company to push out its timeline for modernizing its locations.
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FedEx Targets Higher Revenue in Fiscal 2029
FedEx guided for higher annual revenue in fiscal 2029 as it prioritizes its higher-margin businesses.
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Nuveen to Buy U.K. Asset Manager Schroders for $13.5 Billion
The deal is the latest between active money managers trying to keep up with passive investment giants like BlackRock.
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Telus Names Former CIBC Chief Dodig Successor to CEO Entwistle
Telus longtime Chief Executive Darren Entwistle will hand over the reins of the Canadian telecom giant, making way for former bank boss Victor Dodig.
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Bombardier Sees More Deliveries, Stronger Revenue in 2026
Bombardier expects more jet deliveries to push revenue past $10 billion in 2026, extending its post-turnaround momentum after a strong fourth quarter.
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Unilever Sales Growth Picks Up Despite U.S. Slowdown
The company said net profit rose to €9.47 billion in 2025, up from €5.7 billion the year prior, as it continues to reshape the business.
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Nissan Projects $4.2 Billion Annual Loss on Restructuring Charges
The Japanese carmaker on Thursday recorded net loss of 28.3 billion yen, equivalent to $184.6 million, for the three months ended December.
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Crocs Posts Better-Than-Expected Holiday Season as New Products Gain Traction
Crocs had a better-than-expected holiday season as its new products boosted demand, a trend the company expects to continue helping its results.
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Russia Is Blocking WhatsApp to Boost Its Own Messaging App
The move affects 100 million users of the Meta-owned app.
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Siemens Shares Jump on Lifted Outlook, Market View Beat
Revenue rose 8% for the first quarter but net profit dropped on continued currency headwinds.
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Sanofi Shares Fall After CEO Change
Belen Garijo will succeed Paul Hudson as CEO following a string of clinical setbacks at the drugmaker.
(END) Dow Jones Newswires
February 12, 2026 15:00 ET (20:00 GMT)
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