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Goldman Sachs Legal Chief Resigns After Documents Reveal Extent of Epstein Relationship

New York, Friday, 13 February 2026.
Goldman Sachs’ general counsel resigned following revelations she advised Jeffrey Epstein and accepted luxury gifts, referring to the disgraced financier as “Uncle Jeffrey” in private correspondence.

Sanofi Appoints Belén Garijo as CEO to Revive Stalled Growth Strategy

Paris, Friday, 13 February 2026.
Following severe R&D setbacks and a 25% stock decline, Sanofi replaces CEO Paul Hudson with former Merck KGaA chief Belén Garijo to instill rigor and accelerate its turnaround.

FDA Elevates Cake Mix Recall to Highest Risk Level Due to Allergen Threat

Washington D.C., Thursday, 12 February 2026.
On February 10, the FDA escalated the B.C. Williams cake mix recall to Class I, warning that undeclared milk allergens now pose a probability of serious injury or death.

AST SpaceMobile Shares Slide Following Announcement of $1 Billion Capital Raise

Midland, Thursday, 12 February 2026.
Stock dropped 11% as the company seeks $1 billion via convertible notes to restructure debt and scale operations, overshadowing the successful deployment of its next-generation BlueBird 6 satellite.

Stellantis Issues Critical 'Do Not Drive' Order for 225,000 Older US Vehicles

Detroit, Thursday, 12 February 2026.
On February 11, 2026, Stellantis issued a severe “Do Not Drive” warning for approximately 225,000 older Dodge, Chrysler, Jeep, and Ram vehicles across the United States. This directive addresses the critical danger posed by defective Takata airbag inflators, which risk exploding and projecting metal shrapnel upon deployment—a defect already linked to 28 deaths nationally. Despite the automaker having successfully repaired 95% of the affected fleet over the last decade, this urgent move underscores the persistent operational and safety liabilities associated with the massive Takata recall. Owners of specific 2003–2016 models are advised to cease vehicle operation immediately, as the chemical propellant in these aging inflators degrades dangerously over time, significantly increasing the risk of fatal rupture.

Nuveen to Acquire Schroders for $13.5 Billion, Ending 222 Years of Independence

London, Thursday, 12 February 2026.
This $13.5 billion deal creates a $2.5 trillion asset management powerhouse, significantly marking the end of 222 years of independence for the historic British firm.

BMW Issues Global Recall for Over 500,000 Vehicles Due to Engine Fire Risks

Munich, Thursday, 12 February 2026.
BMW recalls 575,000 vehicles globally, including Toyota Supras, as worn starter motors pose a fire risk. Owners are urged to avoid leaving running cars unattended.

American Electric Power Doubles 2030 Load Forecast After Beating 2025 Earnings Estimates

Columbus, Friday, 13 February 2026.
American Electric Power exceeded fourth-quarter earnings expectations while doubling its 2030 incremental load forecast to 56 gigawatts. This unprecedented demand surge signals significant infrastructure investment opportunities beyond the utility’s current capital plan.

Cisco Surpasses Q2 Estimates with AI Momentum, Yet Shares Stumble

San Jose, Wednesday, 11 February 2026.
Despite beating Wall Street estimates with $15.3 billion in revenue and securing $2.1 billion in AI infrastructure orders, Cisco shares slipped. The market’s counterintuitive reaction signals that investor focus has shifted from current operational beats to broader valuation concerns within the hardware sector.

Select S&P 500 Leaders Achieve Dual Milestones of Sales Growth and Margin Expansion

New York, Wednesday, 11 February 2026.
A distinct cohort, including Palantir and Alphabet, distinguishes itself this earnings season by successfully combining double-digit revenue surges with expanded profit margins, signaling robust operational efficiency.