India Must Shift From Growth at Scale to Productivity for Viksit Bharat 2047: KPMG Report
KPMG’s new report urges India to move from a scale‑driven growth model to one focused on productivity as it targets a Viksit Bharat by 2047. It outlines ten priority areas, including deepening manufacturing, upskilling a youthful workforce, modernising MSMEs, and shifting infrastructure investment toward utilisation. The firm stresses that converting the foundation phase’s capital into sustained efficiency is essential for resilience and global competitiveness. Execution speed, digital platforms, and outcome‑based budgeting are highlighted as critical levers.
What America Forgets About the UN
The Financial Times opinion piece argues that the United States increasingly overlooks the strategic value of the United Nations, treating the body as a bureaucratic relic rather than a vital platform for multilateral problem‑solving. It highlights how U.S. disengagement erodes...
Aline Nasseh Chocolates Pop Up at Holt Renfrew
Toronto‑based Aline Nasseh Artisan Chocolates launched a seasonal pop‑up at Holt Renfrew Yorkdale, running through February 22 and featuring a limited‑edition Valentine’s collection. The activation gave the two‑year‑old brand exposure to a luxury retail audience and generated stronger‑than‑expected sales despite post‑holiday lulls...
CISA Adds SolarWinds, Microsoft, Apple, Notepad++ Vulnerabilities to KEV Catalog
The U.S. Cybersecurity and Infrastructure Security Agency (CISA) added four critical vulnerabilities to its Known Exploited Vulnerabilities (KEV) catalog, covering SolarWinds Web Help Desk, Microsoft Configuration Manager, Apple operating systems, and Notepad++. The SolarWinds flaw (CVE‑2025‑40536) and the Microsoft SQL‑injection...
World Liberty Forum Reaches Capacity as Global Leaders Prepare to Convene at Mar-a-Lago
World Liberty Financial announced that its World Liberty Forum has sold out, with nearly 400 senior executives, investors and policymakers confirmed for the February 18, 2026 gathering at Mar‑a‑Lago. The day‑long event will feature high‑profile speakers from finance, technology, sports and government,...
FTC Digs Deeper Into Microsoft’s Bundling and Licensing Practices
The FTC has intensified its antitrust investigation into Microsoft by issuing civil investigative demands to at least six competing firms in the business‑software and cloud markets. Regulators are probing Microsoft’s practice of bundling AI, security and identity tools with Windows,...
Freire Named Biogen Chair; Immunic Seeking New CEO
Biogen has appointed Maria Freire as its new chair, succeeding retiring chair Caroline Dorsa. Freire, a board member since 2021, previously led the Foundation for the National Institutes of Health and serves on multiple industry boards. The change becomes effective after...
Paramount Hires Ex-Trump Official to Lead Policy as Battle for WBD Heats Up
Paramount Pictures has hired former Justice Department antitrust official Rene Augustine as Senior Vice President of Global Public Policy. Augustine, who served under the Trump administration and led international antitrust matters, will report to Chief Legal Officer Makan Delrahim. The...
Oil Prices Level Out Despite Possible Opec-Plus Supply Growth
Oil prices closed Friday largely unchanged after a session marked by sharp swings between macro‑economic headwinds and geopolitical support. Traders weighed the prospect of OPEC‑plus expanding output against lingering demand concerns. The market’s equilibrium suggests that supply‑side expectations have not...
Providence Cedars-Sinai Nurses Plan 5-Day Strike
Registered nurses and licensed staff at Providence Cedars‑Sinai Tarzana will begin a five‑day strike on Feb. 16, organized by SEIU Local 121RN, which represents more than 11,000 California healthcare workers. The union’s grievances include unsafe staffing levels, poor environmental conditions, workplace harassment,...
Largest US Gas Producer Expand Ousts CEO, Heads to Houston
Expand Energy, the United States' largest gas producer, announced the removal of CEO Nick Dell'Osso. The leadership change coincided with a plan to relocate the corporate headquarters from Oklahoma City to the Houston metropolitan area. Analysts say the ouster is...
Rivalry to Scale Back Operations
Rivalry Corp., a TSXV‑listed esports betting operator, announced it will dramatically scale back operations while evaluating strategic alternatives. The board approved immediate cost reductions, including a significant workforce cut and a pause on player activity with withdrawals permitted. Rivalry is...
Sabra CEO: Skilled Nursing M&A Remains Relationship-Driven and Limited in 2026
Sabra Health Care REIT sold seven skilled‑nursing properties for $51 million in Q4, signaling a sharp pullback in nursing‑home M&A for 2026. The REIT’s pipeline will focus almost entirely on senior housing, which represents roughly 95% of its investment opportunities and...
Edward Shugrue III and the Emerging Playbook Redefining Distressed Office Tower Ownership
Edward L. Shugrue III of RiverPark Funds outlines a new playbook for distressed office towers, highlighting how mezzanine lenders are moving from passive financing to ownership control. He cites the Worldwide Plaza case, where a $1.7 billion asset is now valued around $350 million, illustrating...
Special Report – The Future of Media Buying
AI is reshaping media buying as Meta and Google report massive ad‑revenue growth driven by proprietary AI tools. The surge forces agencies and publishers to confront a widening data and automation advantage held by big‑tech. Publicis suggests agencies can stay...
Black Business Ventures Association Brings Dragons Den Energy to Edmonton Unlimited
On Thursday, the Black Business Ventures Association hosted an Innovation Expo at Edmonton Unlimited, offering early‑stage Black entrepreneurs a Dragons’ Den‑style platform to pitch their ventures. Six startups—including a gamified ad platform, legal‑tech, peer‑to‑peer exchange, hyperlocal networking, digital business cards,...
Friday Footnotes: Italian Tax Cops Go Sniffing Around KPMG’s Office; Depreciation Is AI’s Latest Victim | 2.13.26
The latest Friday Footnotes roundup highlights three intertwined trends reshaping accounting and finance. Big‑tech firms’ $3 trillion cap‑ex plans are prompting aggressive depreciation adjustments, as Meta’s $2.6 billion earnings boost shows the earnings‑management risk. Meanwhile, Italian tax authorities have raided Amazon managers’...
Zscaler-SquareX Deal Boosts Zero Trust, Secure Browsing Capabilities
Zscaler announced the acquisition of Singapore‑based startup SquareX, adding its Chromium‑based browser extension to the Zero Trust Exchange platform. SquareX’s browser detection and response (BDR) technology provides real‑time threat detection inside browsers on managed and personal devices. The deal, closed...
From Capital Deployment to Investor Understanding: Jay R. Young on Oil & Gas Investing Through Structure and Transparency
Jay R. Young, CEO of King Operating Corporation, is championing a shift from single‑well oil‑gas investments to unitized drilling structures that spread risk across larger acreage. He pairs this structural innovation with an education‑first approach, highlighted in his book *The...
Early Estimates Point to Lower Social Security Cost-of-Living Adjustment for 2027
Social Security delivered a 2.8% cost‑of‑living adjustment (COLA) for 2026, boosting benefits by roughly $56 per month. Early government inflation data suggest the 2027 COLA could be markedly lower, with estimates ranging from 1.2% to 3.1%. Analysts warn that a...
Mesosil’s Infection-Fighting Dental Tech Gets FDA Clearance
Toronto‑based health‑tech startup Mesosil has secured FDA 510(k) clearance for its antimicrobial dental additive, allowing U.S. dental manufacturers to embed the technology in products such as composites and cements. The clearance follows a four‑year development program and validates the company’s...
Resistance to Management Style Didn’t Create Hostile Work Environment, Court Finds
A federal district court in Pennsylvania ruled that a White internal audit head’s resistance to a Black compliance executive’s supervision was based on management style, not race or gender. The court found Drexel University had not adequately communicated expectations, but...
Riley Departs RSI
Railway Supply Institute (RSI) abruptly dismissed President Jim Riley after just under a year in the role, citing the need for a leadership change amid a volatile economic and geopolitical environment. Board Chair Greg Dalpe announced the decision and praised...
Badger Meter Declares Regular Quarterly Dividend and Expands Share Repurchase Authorization
Badger Meter’s board approved a regular quarterly cash dividend of $0.40 per share, payable on March 13, 2026. It also increased its share‑repurchase authorization by $75 million, bringing the total program to $150 million through November 30, 2028. In the first quarter of...
‘My Dream Job Has Turned Into a Nightmare’: Ex-Feds and Public Service Experts Testify to Congress on How to Rebuild...
House Democrats held a hearing on the Trump administration’s Schedule P/C, a rebranded version of Schedule F that removes civil‑service protections for thousands of policy‑related federal workers. Former officials and experts warned that politicizing the workforce erodes merit‑based hiring and could deter...
Neil Huber: Building Pulse Radiology Education Into a Modern Training Leader
Neil Huber founded Pulse Radiology Education in 2015 to give working radiologic technologists a flexible path to advanced certification. The company now operates two arms—Pulse Radiology Education and Pulse Radiology Institute—offering ARRT‑approved coursework, clinical placement, and an MRI associate degree....
U of Minnesota Physicians Taps CEO
University of Minnesota Physicians has appointed Dr. Greg Beilman, a critical‑care surgeon and retired Army Reserve colonel, as its permanent chief executive officer. Beilman, who served as interim CEO since July, will oversee the 4,500‑strong clinical enterprise and guide it...
Attribution of Sprawling Cyberespionage Campaign Allegedly Held Back Amid China Retaliation Fears
Palo Alto Networks' Unit 42 researchers linked the sprawling TGR‑STA‑1030 cyberespionage campaign to an Asian state‑aligned group, but chose not to publicly attribute it to China. Sources say the decision was driven by fears of retaliation, as Palo Alto's security software...
How to Decide Whether Internal Growth or Outside Talent Fits Your Scaling Strategy
University of South Florida researchers examined eight years of training and hiring data from 174 large U.S. law firms, revealing that resource‑rich, older firms tend to build talent internally while younger, smaller firms favor external hiring. The study highlights the...
Ocean Alliance, ONE Rework Trans-Atlantic Services, Remove Ships
Ocean Alliance and Ocean Network Express (ONE) announced a major overhaul of their trans‑Atlantic service network, removing several vessels and consolidating U.S. port calls. The redesign follows a year of uneven trade, with U.S. exports to Europe rising sharply while...
Google Gemini Weaponized in State-Sponsored Attacks
Google’s Gemini large‑language model is being weaponized by multiple state‑sponsored threat actors, according to the Google Threat Intelligence Group. North Korean UNC2970 and several Chinese groups such as Mustang Panda, Judgment Panda, APT41 and UNC795 are using Gemini for rapid...
Banks Effectively Deputized in Trump's Immigration Fight
President Trump’s Treasury Department has launched an aggressive AML campaign targeting Minnesota and U.S.–Mexico border regions, using new Geographic Targeting Orders and high‑performance data analytics to flag cartel, fraud and immigration‑related transactions. FinCEN now requires banks and money‑service businesses to...
JEPI: Improving Economic Conditions Should Uniquely Benefit This Fund
JPMorgan Equity Premium Income ETF (JEPI) uses a covered‑call strategy to target 7‑9% annual distributions, positioning it as a low‑volatility, income‑focused vehicle. The fund has consistently met its payout goals since inception, appealing to risk‑averse investors seeking steady cash flow....
Nektar, Evommune Capitalize on Positive Phase II Readouts in Atopic Dermatitis: Public Equity Report
Nektar Therapeutics announced robust Phase II results for its IL‑2R modulator rezpegaldesleukin in atopic dermatitis, propelling its stock 51% higher. Leveraging the momentum, the company closed an upsized $400 million PIPE financing consisting of common stock and pre‑funded warrants. Evommune also secured...
Export Momentum Carries Corn Market Into New Year
U.S. corn prices remain buoyed by robust export demand that persisted into early 2025, according to Compeer Financial economist Megan Roberts. While prices are still below target levels, the export momentum offsets downward pressure. Roberts noted that a nationwide E15...
Central Alabama Water Downgraded by S&P
S&P Global Ratings lowered Central Alabama Water’s revenue‑bond rating to AA‑minus from AA and placed the issue on CreditWatch Negative. The downgrade reflects weakening liquidity, high debt levels and aging infrastructure, compounded by delayed budget adoption after a state‑mandated governance...
Figures on Automotive Securitization Tapes: Definitions Report - February 2026
The Fixed‑Asset Securitization Tracker (FAST) released its February 2026 Definitions report, detailing the data fields used in automotive securitization tapes. The document supplies precise definitions, code tables, and cross‑references to related transaction disclosures. By standardizing terminology, the report aims to simplify...
Auto Parts Suppliers Rise Thanks To Easing Tariff Headwinds
Magna International and Atmus Filtration posted strong earnings, propelling their stocks higher as tariff pressures ease. Magna beat EPS estimates ($2.18 vs $1.80) and lifted its adjusted EBIT margin to 7.5%, while forecasting 2026 sales up to $43.5 billion and announcing...
Milan-26: India’s Maritime Diplomacy Comes of Age
India’s 13th Milan naval exercise, Milan‑26, will run Feb 18‑25 in Visakhapatnam, coinciding with the International Fleet Review and the IONS summit, forming the “Vizag trifecta.” The biennial drill has grown from four regional navies in 1995 to 70 confirmed participants...
BTG Pactual Acquires Brazilian Fintech Meutudo
BTG Pactual announced the acquisition of up to a 48% stake in Brazilian digital‑credit platform meutudo, valuing the fintech at roughly $200 million. meutudo specializes in FGTS‑backed and payroll‑deducted loans, leveraging workers' severance funds to lower interest rates. The app also...
Bond Yields Fall After CPI Report Shows Tamer Inflation
U.S. Treasury yields fell after the January CPI came in cooler than expected, pulling municipal bond yields lower as well. Despite the softer inflation print, analysts say the Federal Reserve will likely keep rates on hold and consider only a...
From Perimeter to Protocol: Reducing Telecom Attack Surface with Privacy-First Mobile Technology
Telecom operators are confronting nation‑state campaigns such as Salt Typhoon and Volt Typhoon that exploit signaling and subscriber identity systems, rendering traditional perimeter defenses inadequate. In a briefing hosted by the Institute for Critical Infrastructure Technology, experts advocated privacy‑first mobile‑carrier...
US Supreme Court Says Next Friday Will Be a Decision Day
The U.S. Supreme Court announced three decision days—Feb. 20, 24, and 25—when it will issue opinions, though it has not disclosed which cases will be decided. Lawmakers in the House have voted against new tariffs and the Senate is expected...
FedEx Plans to Close over 475 Stations Due to Network 2.0
FedEx will shut more than 475 stations, roughly 30% of its U.S. and Canada footprint, as part of its Network 2.0 consolidation. The initiative merges Ground and Express operations, shifting focus to large metros such as San Francisco. Already, over 200 sites...
AI’s New Land Grab: Meta’s Indiana Megaproject and the Rise of Europe’s Neocloud Challengers
Meta announced a $10 billion, near‑gigawatt data‑center campus in Lebanon, Indiana, marking one of the largest U.S. AI infrastructure projects. At the same time, European AI‑infrastructure specialist Nebius unveiled a 240 MW campus in Béthune, France, repurposing a former industrial site. Both...
Trump Unveils White House Maritime Action Plan to Restore U.S. Seapower
President Trump released the White House Maritime Action Plan (MAP), the most ambitious U.S. shipbuilding strategy since the 1936 Merchant Marine Act. The 35‑page document proposes a fee on foreign‑built vessels, a dedicated Maritime Security Trust Fund, Maritime Prosperity Zones,...
How to Avoid Making the Same Fatal Mistake That Led to the Demise of Sears
Jeff DeGraff warns that leaders repeatedly repeat Sears' fatal mistake of forcing new initiatives into legacy structures. Sears, once a diversified proto‑digital empire, tried to blend emerging platforms with its old retail model, suffocating innovation. The article argues that integrating...
Fed's Goolsbee Sees Encouraging and Concerning Parts of the CPI Report
Chicago Fed President Austan Goolsbee highlighted a mixed CPI report, noting a modest 0.2% month‑over‑month rise in headline inflation and a steady 2.5% year‑over‑year rate. While core inflation matched expectations, services inflation remains elevated, keeping overall inflation around 3% and...
Cameroon Suspends International Registry Citing Fraud
Cameroon’s Ministry of Transport announced a suspension of its international ship registry after uncovering multiple fraudulent registrations. The halt, effective immediately, follows pressure from the EU, IMO and U.S. authorities concerned about the flag’s role in the shadow fleet and...
Bucking a Trend, One Out-of-State Bank Will Exit North Carolina
First National Corp., a $2 billion Virginia community bank, announced it will exit North Carolina by selling its two branches and has already closed two loan production offices. The exits are slated for the second half of 2026 and are part...