Ukraine Flexes With Much Deeper Drone Reach Targeting Russia's Refineries 

Pull-Forward Demand Boosts PC Shipments Amid Memory Crunch Woes The latest snapshot of the global PC market, from International Data Corporation's first-quarter shipment tracker, shows units rising 2.5% year over year to 65.6 million. "Despite deteriorating macroeconomic conditions and memory shortage issues, the PC market recorded another quarter of positive growth," IDC wrote in the report published on Thursday morning. IDC said last quarter's growth was "mostly fueled by the anticipation of rising component prices, Windows 10 migration, and new product introductions." Jean Philippe Bouchard, research vice president at IDC, noted, "The...

Hyatt Executive Chairman Thomas Pritzker Resigns Over Epstein Ties Authored by Tom Ozimek via The Epoch Times, Thomas J. Pritzker, the longtime executive chairman of Hyatt Hotels Corporation, announced his retirement effective immediately on Feb. 16, acknowledging what he described as “terrible judgment” in maintaining contact with convicted sex offender Jeffrey Epstein and his associate Ghislaine Maxwell. Pritzker, 75, said in a statement released by the company on Monday that he will also not stand for reelection to Hyatt’s board of directors at the company’s 2026 annual shareholder meeting. In a letter shared...

Mediocre 2Y Auction Prices At Highest Yield Since Feb 2025 With Treasury yields sliding 4 days in a row, today's 2Y auction was not seen as especially concerning (certainly not as much as a week ago, when the 10Y was knocking on 4.70%'s door, vs 4.50% where it trades today). Still, while the auction did have it strong sides, it was hardly stellar. Starting at the top, the $69BN sale of 2Y paper priced at a high yield of 4.071%, up 26bps from 3.812% a month ago, and the highest since...