Jan. 20 at 3:24 AM
$SWBI $B $UBER $LYFT $MSFT
TOP 5 WEEKEND STORIES:
1) The Justice Department is considering loosening gun regulations in an attempt to bolster support from Second Amendment advocates, Perry Stein of Washington Post reports, citing three people familiar with the changes. Some of the changes are expected to ease restrictions on the private sale of guns and loosening regulations around shipping firearms, sources told the paper. Publicly traded companies in the gun space include Smith & Wesson Brands (SWBI) and Sturm Ruger (RGR).
2) Barrick Mining (B) announced the appointment of Helen Cai as Senior Executive Vice President and Chief Financial Officer. Cai will become Chief Financial Officer on March 1, 2026, following the departure of Graham Shuttleworth, who will be leaving Barrick, after the announcement and filing of the Company's year-end results. Cai will work with Shuttleworth until his departure.
3) An Israeli ministerial committee has approved a law that would allow ride hailing services, including Uber (UBER) and Lyft (LYFT), to operate in Israel in an effort to lower taxi costs, Steven Scheer of Reuters reports. The law, which still needs full parliamentary approval, would regulate and enable "technology-based transportation operators."
4) Wendel (WNDLF) confirms that it is in non-exclusive discussions with Henkel (HENKY) regarding a potential transaction involving Stahl. There can be no certainty that these discussions will result in a transaction. "Wendel will not comment further and will communicate as and when appropriate," the company said.
5) Elon Musk wants OpenAI and Microsoft (MSFT) to pay him between
$79B-
$134B in damages over his claims the AI company defrauded him by abandoning its nonprofit roots, Robert Burnson of Bloomberg reports, citing a court filed damages request.
