Paul Weiss

Business

Santander Brasil Posts Steady Q4 Growth, Eyes Long-Term Profitability Target Amid Strategic Pivot

Banco Santander Brasil reported a net income of BRL 4.1 billion for Q4 2025, marking a near 6% annual increase. While progress continues on its multi-year plan to achieve a return on equity above 20%, management acknowledged current challenges in specific loan portfolios and emphasized a strategic shift towards higher-value clients and digital personalization.

Feb 5, 2026

Business

From AI Laggard to Leader: Google's Gemini Surge Reshapes Market Sentiment

Alphabet's confident earnings call, fueled by strong adoption of its Gemini AI models, signals a dramatic shift in Wall Street's perception, positioning Google as a frontrunner while investor concerns grow around rivals' reliance on OpenAI.

Feb 5, 2026

World

Amazon Waterways Under Siege: Indigenous Communities Escalate Protests Against River Dredging for Agribusiness

Indigenous groups in Brazil's Amazon have intensified a two-week occupation of a key Cargill port terminal, demanding the government revoke decrees prioritizing river dredging for grain exports. The standoff highlights growing tensions between Brazil's economic ambitions and environmental pledges.

Feb 5, 2026

Connecticut Hospitals Sound Alarm Over Lamont's Budget, Citing Medicaid Shortfalls as Critical Threat

Hospital leaders across Connecticut are mounting a fierce defense against a proposed increase in the state's provider tax, arguing that chronic Medicaid underpayments have pushed the healthcare system to a breaking point where new taxes could jeopardize care for vulnerable communities.

Feb 4, 2026

World

BHP Faces Landmark UK Damages Trial Over 2015 Brazil Mine Catastrophe

A British court has set a 2027 trial date to determine compensation owed by mining giant BHP for the devastating 2015 Fundão dam collapse in Brazil, a disaster that claimed 19 lives and caused widespread environmental ruin.

Feb 4, 2026

US

Minnesota Immigration Operation Nets Over 4,000 Arrests; DHS Touts Public Safety Gains Amid Tensions

A sustained federal enforcement operation in Minnesota has led to the arrest of more than 4,000 individuals, with authorities highlighting the removal of those convicted of serious crimes. The initiative has sparked debate over immigration policy and community safety.

Feb 4, 2026

World

Zelenskiy Puts Ukrainian Military Losses at 55,000, Highlighting War's Staggering Human Toll

In a televised interview, Ukrainian President Volodymyr Zelenskiy provided a stark official estimate of battlefield fatalities, a figure that underscores the devastating scale of the conflict as it approaches a grim milestone.

Feb 4, 2026

US

FAA Inspector Sues United Airlines Over Lifetime Ban After Reporting In-Flight Safety Issues

A federal aviation safety inspector has filed a $12.75 million lawsuit against United Airlines, alleging the carrier banned him for life after he documented cabin safety violations during a 2022 flight, leading to professional repercussions and a dismissed federal case against him.

Feb 4, 2026

Business

Zurn Elkay Beats Estimates as Efficiency Gains and New Products Fuel Strong Q4

Zurn Elkay Water Solutions (NYSE: ZWS) closed its fiscal year on a high note, surpassing revenue and profit forecasts for the fourth quarter of 2025. The company's focus on operational discipline and growth in institutional markets helped drive a nearly 10% sales increase.

Feb 4, 2026

US

Supreme Court Clears Path for California's Redistricting Map, Denying GOP Challenge

The U.S. Supreme Court has declined to intervene, allowing California's newly drawn congressional districts—expected to favor Democrats in five seats—to stand for the 2026 midterms. The decision follows state voters' approval of Proposition 50 and marks a setback for Republican efforts alleging racial gerrymandering.

Feb 4, 2026

Business

Automakers Seek Tweaks to Trump's Fuel Economy Rollback, Endorse Overall Plan

Major automakers have expressed support for the Trump administration's proposal to significantly relax future fuel efficiency targets, while urging adjustments to specific provisions on credit trading and vehicle classifications.

Feb 4, 2026

Business

Global Sugar Glut Weighs on Prices as Key Producers Ramp Up Output

Sugar futures extended their decline, hitting multi-month and multi-year lows, as analysts project sustained global surpluses driven by robust production in Brazil and India.

Feb 4, 2026

Treasury Secretary Bessent Reverses Stance, Now Says Tariffs Not Necessarily Inflationary

In a congressional hearing, Treasury Secretary Scott Bessent retracted his earlier warning that tariffs are inflationary, citing current economic growth and moderating price pressures despite a year of trade measures.

Feb 4, 2026

Political Standoff May Extend Powell's Tenure as Fed Chair, While Trump Ally Exits

A Democratic blockade of a key Federal Reserve nominee, citing ongoing investigations into sitting officials, has increased the likelihood that Chair Jerome Powell remains in his role past May. The departure of a top White House economic adviser further distances the administration from the central bank.

Feb 4, 2026

Business

C WorldWide Bets Big on Latin America's E-Commerce Giant, Acquiring $94 Million Stake in MercadoLibre

In a significant vote of confidence, investment firm C WorldWide Group has substantially increased its stake in MercadoLibre, the dominant e-commerce and fintech platform in Latin America, amid regional economic shifts and competitive challenges.

Feb 4, 2026

US

Alabama Family Vanishes Under Suspicious Circumstances; Deportation Order and Signs of Struggle Heighten Concerns

An Alabama mother and her two children, who were under a final deportation order, have disappeared from their home amid disturbing evidence of a struggle, leaving investigators and the community searching for answers.

Feb 4, 2026

US

Justice Department Lawyer Removed After Blunt Courtroom Admission: 'This Job Sucks'

A U.S. government attorney detailed to handle a surge of immigration cases in Minnesota has been removed from her assignment after telling a federal judge 'this job sucks' and citing systemic failures in complying with court orders, a Reuters source confirms.

Feb 4, 2026

Business

TeraWulf Shares Surge Over 10% on Strategic Expansion Moves

Shares of bitcoin miner and infrastructure developer TeraWulf jumped more than 10% Tuesday after the company announced key acquisitions in Kentucky and Maryland, signaling a major capacity expansion to meet rising data center and energy demands.

Feb 4, 2026

US

Federal Agents to Withdraw from Twin Cities Following Improved Local Cooperation, Says Border Czar

White House Border Czar Tom Homan announced the immediate drawdown of 700 federal agents from Minneapolis, citing enhanced coordination with local law enforcement on immigration enforcement.

Feb 4, 2026

Business

Coffee Futures Plunge on Weather Shift, But Market Structure Hints at Deeper Supply Concerns

A sharp selloff in coffee futures Tuesday, triggered by improved weather forecasts, contrasts with a persistently tight forward market structure, leaving traders to weigh short-term relief against long-term supply deficits.

Feb 4, 2026