Contempt of Congress

Business

DaVita Navigates Headwinds as Integrated Kidney Care Turns Profitable Ahead of Schedule

DaVita Inc. reported Q4 2025 results in line with expectations, highlighting a milestone first profitable year for its Integrated Kidney Care unit. While revenue per treatment accelerated, the company continues to face pressure from elevated patient mortality and rising benefit costs. Executives provided 2026 guidance projecting mid-single-digit operating income growth and a sharp rise in EPS, buoyed by share buybacks and the stabilization of prior investment losses.

Feb 2, 2026

Business

The High Cost of the American Dream: Why a Bestselling Author Says Buying a Home Can Derail Financial Freedom

As housing affordability hits historic lows, financial author JL Collins challenges a core tenet of the American Dream, arguing that homeownership can be a trap for capital and mobility, especially for those seeking early financial independence.

Feb 2, 2026

World

Venezuela's Oil Overhaul: A Historic Reversal Opens Doors, But Questions of Control and Corruption Linger

In a landmark shift, Venezuela's interim government has enacted a sweeping reform of its oil industry, dismantling core socialist-era controls to attract foreign investment. While promising a production boost, the new hybrid system raises concerns about transparency, U.S. oversight, and whether it truly marks a clean break from the past.

Feb 2, 2026

Business

Trump Administration Eyes Overhaul of Financial Data Privacy Rules, Potentially Reshaping Fintech Landscape

The Trump administration is preparing to review key data-sharing provisions within the Dodd-Frank Act, a move that could redefine privacy standards between traditional banks and financial technology firms like Venmo and Plaid, and alter the competitive balance of the financial sector.

Feb 2, 2026

Business

Founder of Russia's Largest Bitcoin Miner Arrested as Firm Teeters on Bankruptcy

The arrest of BitRiver's founder on tax evasion charges coincides with an insolvency claim filed against the company, compounding pressures from sanctions, energy debts, and internal strife.

Feb 2, 2026

Business

Saks OFF 5TH Shutters Majority of Stores in Strategic Pivot Following Bankruptcy

Saks Global is closing most of its Saks OFF 5TH off-price stores across the U.S., leaving only a dozen locations open as it refocuses on core luxury and full-price retail after a recent Chapter 11 filing.

Feb 2, 2026

World

Venezuela Rewrites Its Oil Playbook: A Historic Reversal of Socialist Control Opens Doors, and Questions

In a landmark move, Venezuela's interim government has enacted a sweeping reform of its oil industry, dismantling the state monopoly that defined its socialist era. While aimed at reviving production, the new hybrid system raises critical questions about transparency, U.S. influence, and its true appeal to foreign capital.

Feb 2, 2026

World

Norwegian Royal Family Faces Dual Crises as Crown Princess's Son Faces New Assault Charges Ahead of Rape Trial

Marius Borg Høiby, son of Crown Princess Mette-Marit, was arrested on fresh assault allegations just days before his high-profile trial on multiple rape charges begins, casting a shadow over the Norwegian monarchy amid renewed scrutiny of royal ties to Epstein files.

Feb 2, 2026

World

Whistleblower Complaint Against Intelligence Chief Gabbard Stalled for Months, Sparking Bipartisan Scrutiny

A complaint alleging misconduct by Director of National Intelligence Tulsi Gabbard has been withheld from congressional oversight committees for eight months, her office citing an extended legal review. The delay, disputed by the complainant's attorney, raises questions about transparency and adherence to whistleblower protection laws within the nation's top intelligence office.

Feb 2, 2026

Business

Joby Aviation Nears Liftoff: Air Taxi Service Launch Imminent in Dubai, U.S. Operations on Horizon

Joby Aviation is on the cusp of launching its pioneering air taxi service in Dubai as early as this year, marking a critical milestone for the eVTOL industry. With U.S. certification advancing, the company eyes 2026 for scaled commercial operations, navigating the final hurdles of funding and regulatory approval.

Feb 2, 2026

Business

T-Mobile Announces Major Workforce Reduction in Washington State, Cutting Hundreds of Jobs

T-Mobile, the telecommunications giant headquartered in Washington, has filed official notice of permanent layoffs affecting nearly 400 employees across its Bellevue, Bothell, and Woodinville offices, citing evolving business needs.

Feb 2, 2026

Business

The Hidden Engine of the Energy Transition: How Green Tech Fuels Fossil Fuel Demand

Record global investments in wind, solar, and EVs are paradoxically driving a surge in demand for coal, oil, and gas, as the production of essential materials like cement and steel remains locked into hydrocarbon-based economies, primarily in Asia.

Feb 2, 2026

Business

Musk Consolidates Empire: SpaceX Acquires xAI Ahead of Blockbuster IPO

Elon Musk merges his space and AI ambitions under one roof as SpaceX finalizes the acquisition of xAI. The strategic move, combining Starlink, social platform X, and chatbot Grok, sets the stage for a landmark public offering and accelerates Musk's vision for off-planet data infrastructure.

Feb 2, 2026

US

Texas Teen Sentenced to 40 Years for Fatal Shooting of Sonic Manager in Counterfeit Bill Dispute

Adiah Roberson, 19, receives maximum sentence after pleading no contest to the 2024 murder of Daniel Shrewsbury, who was shot after confronting her over suspected fake currency at a San Antonio drive-in.

Feb 2, 2026

Business

Microsoft's AI Bet Weighs on Shares Despite Record Revenue: Can the Tech Giant Regain Its Footing in 2026?

Despite posting record quarterly revenue driven by its cloud division, Microsoft shares have slumped to an eight-month low following its Q2 FY2026 earnings. The sell-off highlights investor concerns over the company's massive capital expenditures on AI infrastructure and its deepening ties to OpenAI.

Feb 2, 2026

Business

Palantir's AI Ambitions Cemented as Commercial Surge Drives Record Profits

The data analytics firm's fourth-quarter results showcase a decisive shift, with U.S. commercial revenue soaring 137% and profitability silencing long-time skeptics, even as its premium valuation demands sustained execution.

Feb 2, 2026

Business

Disney Stock Tumbles After Q1 Earnings Miss: Is the Sell-Off an Overreaction?

Walt Disney Co. shares fell sharply following a quarterly earnings report that showed a decline in profit, breaking key technical support levels. While some investors fled, Citigroup analysts see the drop as a buying opportunity for the long term.

Feb 2, 2026

Business

SoFi and GoTu Forge Exclusive Alliance to Bring Financial Wellness Tools to Healthcare Professionals

SoFi Technologies partners with GoTu to embed its 'SoFi at Work' financial solutions directly into the gig-work platform for healthcare professionals, aiming to tap into a growing market as the company navigates a volatile stock performance.

Feb 2, 2026

Business

Microsoft's AI Ambition Faces Investor Scrutiny: Heavy Spending, OpenAI Reliance Cloud Growth Narrative

Microsoft's aggressive push into AI, marked by massive infrastructure spending and a deepening partnership with OpenAI, is facing a reality check from investors. Despite robust financials, concerns over capital intensity and concentrated risk triggered the stock's sharpest single-day drop in years, signaling a pivotal moment for the tech giant's cloud valuation story.

Feb 2, 2026

US

Suffolk Strangler Admits to Sixth Murder, Ending 25-Year Mystery of Teenager's Death

Steve Wright, already serving life for the 2006 Ipswich murders, has pleaded guilty to the 1999 kidnapping and killing of 17-year-old Victoria Hall, a cold case that haunted the community for decades.

Feb 2, 2026