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Bloomberg News Now

Jobless Claims Rise Less Than Expected, Iran Talks, Nvidia, More

26 Feb 2026

Transcription

Chapter 1: What are the latest updates on U.S. jobless claims?

0.031 - 28.148 Unknown

The UK stands apart as a place to do business, not because of one advantage, but many working together. Over £10 trillion in capital, four of the world's top universities, a 10-year industrial strategy in action, its stability with dynamism, global reach with local depth. It all adds up to greater growth. Find out more at business.gov.uk slash growth.

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29.461 - 33.425 Karen Moscow

News when you want it with Bloomberg News Now. I'm Karen Moscow.

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Chapter 2: What is the current status of U.S.-Iran nuclear talks?

33.445 - 51.104 Karen Moscow

Let's begin with some breaking economic news with applications for U.S. unemployment benefits rising by less than expected last week, indicating that layoffs remain relatively low. Initial claims increased by 4,000 to 212,000 in the week ending February 21st. The period included the President's Day holiday.

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51.485 - 61.249 Karen Moscow

Continuing claims, a proxy for the number of people receiving benefits declined to 1.83 million in the previous week. A third round of nuclear talks between the U.S.

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Chapter 3: How is the Cuban government responding to recent incidents?

61.269 - 69.738 Karen Moscow

and Iran underway in Geneva. Bloomberg's Yamada Bersetchi reports President Trump has given Tehran until March 6th at the latest to reach a deal.

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69.838 - 85.96 Yamada Bersetchi

The U.S. undergoing a maximalist approach have been pushing Iran for a zero enrichment policy. Iran have responded saying that they are entitled as being a member to the NPT treaty, the nonproliferation treaty. to a token level enrichment for civilian purposes.

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Chapter 4: What implications does Hillary Clinton's testimony have for the Epstein investigation?

86.04 - 92.453 Yamada Bersetchi

So we have to see whether there's going to be some leeway from the U.S. 's perspective on allowing for that quote-unquote token enrichment.

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92.533 - 103.135 Karen Moscow

And Bloomberg's Yamana Bersetchi reports these talks come as the U.S. continues a large military buildup in the Middle East. Right now, negotiators are on a break and they'll resume their discussions this evening. The U.S.

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Chapter 5: What challenges is Warner Brothers Discovery facing in the media landscape?

103.155 - 113.745 Karen Moscow

said it will conduct an investigation after Cuba said it got into a deadly shootout off its northern coast with a speedboat registered in Florida. Bloomberg's Laura Davison has more.

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113.865 - 131.203 Laura Davison

What the Cuban government has said is that there was a speedboat licensed in Florida with 10 people aboard who were armed, who had Molotov cocktails, weapons, other things. And the Cuban government says they were headed toward Cuba to commit acts of terrorism. The Cuban government shot and killed four of those individuals. The other six were

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Chapter 6: What is Nvidia's sales outlook and its impact on the tech market?

131.183 - 132.565 Laura Davison

are injured.

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132.625 - 148.493 Karen Moscow

Bloomberg's Laura Davison, a U.S. official, told the New York Times the people on the vessel were trying to get relatives out of Cuba and no U.S. Navy or Coast Guard ships were involved. Former Secretary of State Hillary Clinton will testify before U.S. House lawmakers in New York today.

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Chapter 7: How are layoffs affecting major companies like eBay?

148.593 - 168.341 Karen Moscow

It's part of a congressional investigation into convicted sex offender Jeffrey Epstein. and marks the start of two days of closed-door depositions that will include former President Bill Clinton. The depositions are in the Clintons' hometown of Chappaqua, north of New York City. Hillary Clinton has said the Democratic couple's knowledge of Epstein is very limited.

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168.722 - 185.922 Karen Moscow

Bill Clinton has not been accused of wrongdoing in his relationship with Epstein, but Republicans have long wanted to press the Clintons for answers. World Economic Forum CEO Borga Brenda is stepping down. The organization opened an investigation earlier this month into his ties to Jeffrey Epstein.

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186.243 - 192.269 Karen Moscow

Bloomberg's David Gurra reports it's the latest fallout from the late sex offenders' connections to global elites.

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192.29 - 206.349 David Gurra

We saw that Larry Summers, the former Harvard president, Harvard professor, stepping down from teaching at that institution yesterday as a result of him being in these files as well. So we are seeing the fallout from that kind of ripple across, yes, the U.S. and around the world and continue to do so.

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206.609 - 226.883 Karen Moscow

Bloomberg's David Gurra reports Brenda did not mention Epstein in the statement announcing his resignation, only saying that after careful consideration, he has decided to step down. Warner Brothers Discovery reported lower fourth quarter sales and earnings, underscoring the challenges the media giant is confronting as it weighs competing takeover bids from rival entertainment companies.

227.223 - 248.417 Karen Moscow

The results come in the middle of a contentious bidding war over one of Hollywood's iconic studios. Paramount Skydance hiked its bid for Warner Brothers to $31 a share in the past week. looking to thwart the company's current deal with Netflix. In a letter to shareholders today, Warner Brothers said the board continues to engage with Paramount to determine if a superior proposal can be reached.

248.998 - 260.635 Karen Moscow

Victory Capital Holdings offered to buy Janice Henderson Group for $57.04 a share this two months after the Target received a takeover offer from Nelson Peltz's Tryon Fund Management.

260.615 - 276.756 Karen Moscow

Royal Bank of Canada and Toronto Dominion Bank both topping analyst estimates on strong results across retail banking, capital markets and other business lines, capping a quarter in which all of Canada's biggest lenders beat forecasts on broad-based revenue growth. Nvidia shares this morning up 0.9%.

276.796 - 298.89 Karen Moscow

The AI chip giant delivered a sales outlook for the current quarter that beat the average Wall Street estimate. but it might not have been enough to wow the most bullish investors. Nvidia also said it still will not forecast revenue in China, with its H200 chips still not picking up customers in that market. Matthew Bloxam covers Nvidia for Bloomberg Intelligence.

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