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Thursday, February 19, 2026

IMF Advises Japan Against Sales Tax Cuts, Recommends Continued Rate Hikes

The IMF urges Japan to avoid sales tax cuts and continue raising interest rates, citing fiscal risks and the need for monetary policy normalization.

UK Fibre Market Set for Major Shake-Up as InfraVia, Liberty Global, and Telefónica Acquire Netomnia for £2 Billion

InfraVia, Liberty Global, and Telefónica are acquiring Substantial Group (Netomnia) for £2 billion through their nexfibre joint venture, aiming to boost UK fibre competition and investment.

Interactive Strength to Acquire Ergatta, Boosting 2026 Revenue Forecast Past $30 Million

Interactive Strength (TRNR) to acquire Ergatta in a deal valued up to $19.5 million, significantly boosting 2026 revenue projections past $30 million with a focus on recurring subscriptions and profitability.

Business

IMF Advises Japan Against Sales Tax Cuts, Recommends Continued Rate Hikes

The IMF urges Japan to avoid sales tax cuts and continue raising interest rates, citing fiscal risks and the need for monetary policy normalization.

Xi Jinping Ushers in the Year of the Horse with Festive Greetings and a Look Back at China’s Progress

President Xi Jinping extended Chinese New Year greetings for the Year of the Horse, reflecting on China's achievements in the past year and outlining future aspirations.

IMF Advises Japan Against Sales Tax Cuts, Recommends Continued Rate Hikes

The IMF urges Japan to avoid sales tax cuts and continue raising interest rates, citing fiscal risks and the need for monetary policy normalization.

UK Fibre Market Set for Major Shake-Up as InfraVia, Liberty Global, and Telefónica Acquire Netomnia for £2 Billion

InfraVia, Liberty Global, and Telefónica are acquiring Substantial Group (Netomnia) for £2 billion through their nexfibre joint venture, aiming to boost UK fibre competition and investment.

Interactive Strength to Acquire Ergatta, Boosting 2026 Revenue Forecast Past $30 Million

Interactive Strength (TRNR) to acquire Ergatta in a deal valued up to $19.5 million, significantly boosting 2026 revenue projections past $30 million with a focus on recurring subscriptions and profitability.

FDA Approves Precision Neuroscience’s Brain Implant System for Clinical Use

Precision Neuroscience, a neurotech startup, achieved a major milestone on Thursday with the U.S. Food and Drug Administration’s approval of a core component of...

Global Payments Shares Drop 17% After Worldpay Acquisition and Issuer Solutions Sale

Shares of Global Payments dropped 17% on Thursday following its announcement that it will acquire Worldpay for more than $24 billion while also selling...

New Jersey Attorney General Sues Discord Over Child Safety Concerns

The New Jersey Attorney General has filed a lawsuit against Discord, accusing the company of misleading consumers about its child safety features on the...

Google Faces Major Antitrust Setback in Online Ad Market

Google is facing increasing legal challenges as a U.S. federal judge ruled the company holds illegal monopolies in the online advertising market. The ruling...

Etsy Highlights Local Sellers to Offset Impact of New Tariffs

Etsy is taking steps to help shoppers find and support local businesses as new U.S. tariffs threaten to raise the cost of imported goods....

Chagee Stock Jumps 15% in U.S. Market Debut as Tea Chain Eyes U.S. Expansion

Chagee, a rapidly expanding Chinese tea chain, saw its shares rise by 15% during its public debut on the Nasdaq under the ticker “CHA.”...

Eli Lilly’s Obesity Pill Shows Promising Results in Late-Stage Trial

Eli Lilly has announced encouraging results from the first of several late-stage trials of its daily obesity pill, orforglipron. The pill achieved the company’s...

Target Faces Backlash and Boycott Threats Over DEI Rollback

Target CEO Brian Cornell recently met with Rev. Al Sharpton in New York following criticism over the company’s decision to scale back its diversity,...

UnitedHealth Cuts Profit Forecast as Medicare Costs Surge, Sending Stock Plunging

UnitedHealth Group saw its stock drop 20% after it cut its annual profit outlook, citing a steep rise in medical costs tied to its...

IRS Loses Key Talent Amid Staffing Cuts, Jeopardizing High-Value Tax Investigations

Wesley Stanovsek was viewed as an ideal addition to the Internal Revenue Service when he joined in 2024. With Congress having recently approved $80...

American Express Sees Resilient Spending from Wealthy and Younger Cardholders

American Express reported continued strength in consumer spending during the first quarter of 2025, with a notable contribution from younger generations and its affluent...

Harvard Faces Major Financial Risk Amid Clash with Trump Administration

Harvard University is facing escalating political and financial pressure following its refusal to comply with a federal directive issued by the Trump administration. On...

Netflix Q1 2025 Results Impress, But Outlook Remains Cautious Amid Economic Uncertainty

Netflix reported impressive financial results for the first quarter of 2025, highlighting strong operational efficiency and steady revenue growth. The company posted an operating...

Netflix Q1 2025 Earnings Soar with Strong Revenue and Ad Growth

Netflix delivered a strong performance in the first quarter of 2025, posting earnings and revenue figures that exceeded market expectations. The company reported a...

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