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Friday, February 20, 2026

British American Tobacco Confirms 2026 Financial Targets Amidst Strategic Shift to Smokeless Products

British American Tobacco reaffirms its 2026 financial outlook, projecting steady growth in EPS and revenue while accelerating its strategic shift towards smokeless nicotine products.

Sensei Biotherapeutics Secures Future with Faeth Therapeutics Acquisition and $200M Financing

Sensei Biotherapeutics acquires Faeth Therapeutics for $200M, bolstering its oncology pipeline with PIKTOR and securing crucial funding for clinical trials in endometrial and breast cancer.

SM Energy Divests South Texas Assets to Caturus Energy for $950 Million

SM Energy announces agreement to sell South Texas assets to Caturus Energy for $950 million, aiming to reduce debt and strengthen its balance sheet. Details on assets, production, and transaction timeline.

Business

British American Tobacco Confirms 2026 Financial Targets Amidst Strategic Shift to Smokeless Products

British American Tobacco reaffirms its 2026 financial outlook, projecting steady growth in EPS and revenue while accelerating its strategic shift towards smokeless nicotine products.

Sensei Biotherapeutics Secures Future with Faeth Therapeutics Acquisition and $200M Financing

Sensei Biotherapeutics acquires Faeth Therapeutics for $200M, bolstering its oncology pipeline with PIKTOR and securing crucial funding for clinical trials in endometrial and breast cancer.

Former Prince Andrew Arrested on Suspicion of Misconduct in Public Office

Andrew Mountbatten-Windsor, formerly Prince Andrew, has been arrested by Thames Valley Police on suspicion of misconduct in public office. The investigation is linked to his past dealings with Jeffrey Epstein.

Bulgaria Heads to Polls Again: Snap Election Set for April 19 Amidst Political Turmoil

Bulgaria announces snap parliamentary elections for April 19 amidst ongoing political instability and economic concerns. A caretaker government has been appointed to oversee the process.

SM Energy Divests South Texas Assets to Caturus Energy for $950 Million

SM Energy announces agreement to sell South Texas assets to Caturus Energy for $950 million, aiming to reduce debt and strengthen its balance sheet. Details on assets, production, and transaction timeline.

American Eagle Q2 Profit Soars Despite Missing Sales Targets, Raises Outlook for Third Quarter

American Eagle reported a nearly 60% increase in profit for its fiscal second quarter, despite missing Wall Street’s sales expectations for the second consecutive...

Gap Raises Profit Outlook After Strong Old Navy Performance in Q2

Gap Inc. has raised its full-year profit outlook after reporting better-than-expected second-quarter results, driven largely by strong performance at its Old Navy brand. The...

General Motors Rebrands BrightDrop Vans Under Chevrolet to Boost Sales and Accessibility

General Motors (GM) is rebranding its all-electric BrightDrop commercial vans under the Chevrolet name in a strategic move aimed at increasing sales, accessibility, and...

Stephen Curry Signs Historic $62.6 Million Extension with Golden State Warriors

Stephen Curry, the NBA superstar, has agreed to a one-year, $62.6 million extension with the Golden State Warriors, as confirmed by his agent. This...

Lululemon Lowers Guidance After Q2 Revenue Miss and Botched Product Launch

Lululemon faced challenges in its fiscal second quarter, leading to its first revenue miss in over two years and a downward revision of its...

Ulta Beauty Misses Q2 Expectations, Lowers Full-Year Guidance Amid Sales Decline

Ulta Beauty's shares dropped 7% in extended trading on Thursday after the company missed second-quarter expectations and revised its full-year guidance downward. This marks...

Airlines Defer Aircraft Orders Amid Profit Challenges and Engine Issues

Airlines that once eagerly sought new jets are now shifting their strategies. Facing financial pressures and operational challenges, especially due to engine issues, several...

FDA Authorizes Novavax’s Updated Covid Vaccine for Emergency Use in Ages 12 and Up

The Food and Drug Administration (FDA) has granted emergency use authorization for Novavax's updated Covid-19 vaccine for individuals aged 12 and older. This approval...

HMD Global and Mattel Unveil Nostalgic Barbie-Themed Flip Phone

HMD Global, the company behind Nokia-branded phones, has teamed up with Mattel, the iconic toymaker, to introduce the HMD Barbie Phone. This pink feature...

Chinese Mother Suspects IVF Embryo Mix-Up After Seeing Look-Alike Child in Viral Video

A mother in China, surnamed Wang, sparked widespread attention after suspecting that a little girl seen in a viral video might have a biological...

Edgar Bronfman Jr. Competes for Paramount Global Stake, Proposes Keeping Shari Redstone Involved

Edgar Bronfman Jr. has made a $6 billion bid to acquire a controlling stake in Paramount Global, potentially allowing Shari Redstone, the current non-executive...

Restaurants Navigate Rising Costs with Surcharges Amid “Junk Fees” Debate

Lawmakers are intensifying efforts to eliminate “junk fees,” but restaurants are attempting to avoid being caught in the crossfire. In recent years, surcharges covering...

Boeing’s Starliner Capsule to Return Empty from ISS Due to Technical Issues

Boeing's Starliner capsule, currently docked at the International Space Station (ISS), will return to Earth without the NASA astronauts it delivered in early June,...

Mavericks and Pelicans Exit Regional Sports Networks Amidst Diamond Sports Bankruptcy

Fans of the Dallas Mavericks and New Orleans Pelicans are anticipating a new way to watch local games as the upcoming NBA season approaches....

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