Tag: Content

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LADWP Faces Liability Risk From Palisades Fire Damages

High fire risks and legal challenges amid California's recent destructive wildfires could lead to significant liabilities for the Los Angeles Department of Water and Power (LADWP).

Wall Street Banks Plan to Sell Off Twitter Debt Amid Trump Optimism

Wall Street banks aim to recover from losses on Twitter buyout debt, buoyed by Musk's Trump ties and AI stake.

Chinese AI Assistant Shakes Up Silicon Valley

China's AI startup DeepSeek shakes up the industry, challenging US dominance with its cost-effective and transparent AI assistant that's topping download charts.

First Bancorp Q4 profit tops Street forecasts

First Bancorp reports Q4 profit of $75.7 million, surpassing Wall Street expectations with earnings of 46 cents per share.

SLG Misses Q4 FFO Estimates

SLG falls short of Q4 earnings estimates, posts FFO of $1.45 per share vs. estimates of $1.53 per share. Revenue came in at $245.9 million, also missing estimates.

TikTok Goes Dark for US Users Ahead of Ban

TikTok went dark for US users on Saturday night as a ban on the app was set to take effect. The law prohibits users from accessing TikTok through app stores and cloud services unless its parent company, ByteDance, sells itself to an owner that is not controlled by a country the US considers adversarial. The ban has been met with outcry from users and TikTok's backers, and President Trump has said he would likely grant TikTok a 90-day extension to work out a deal with the government and keep the app up and running. Stay tuned for updates on this developing story.