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Rolls-Royce to return as much as $2 billion to shareholders in buyback, Sky News reports
Business
Exclusive-New US military-led group aided Mexico’s hunt for ’El Mencho’ cartel boss

Exclusive-New US military-led group aided Mexico’s hunt for ’El Mencho’ cartel boss
Business
’One Battle After Another’ wins big at Britain’s BAFTA film awards

’One Battle After Another’ wins big at Britain’s BAFTA film awards
Business
S&P 500 Trading In Second-Narrowest Range Ever, Bespoke Investment Group Says
The S&P 500 has been trading in a significantly narrow range so far this year amid ongoing tariff uncertainty, but the index has returned to the levels it saw in late October after a “hibernation” period, note analysts at Bespoke Investment Group.
In a Sunday note, the analysts said that at its closing high for the year, the S&P 500 was up 1.94% year-to-date, while at the low of the year, it was down 0.71%. They point out that this 2.7 percentage point range between high and low is the second-narrowest spread as of Feb. 20 in the index’s history. The only year with a narrower range was the 2.1 percentage point range in 1966.
“On the positive side, the economy seems to be good (but not great), semis and transports are sending positive macro-signals, and the positioning of the three-headed monster of oil, the dollar, and rates should provide a tailwind for equities,” the analysts said.
Business
Cop turned crime boss, Nemesio ’El Mencho’ Oseguera leaves bloody legacy

Cop turned crime boss, Nemesio ’El Mencho’ Oseguera leaves bloody legacy
Business
Specs, AI Upgrades, Price Rumors & Release Date
SAN FRANCISCO — Samsung Electronics is set to host its first Galaxy Unpacked event of 2026 on Feb. 25 in San Francisco, where the company is widely expected to unveil the Galaxy S26 series, including the standard S26, S26 Plus and premium S26 Ultra models. The presentation, kicking off at 10 a.m. PT (1 p.m. ET), will be live-streamed on Samsung’s website, YouTube channel and other platforms, with a focus on advancing the company’s Galaxy AI platform to make artificial intelligence more personal and integrated into daily smartphone use.

The event comes amid growing competition in the AI-driven smartphone market, with Samsung aiming to build on the Galaxy S25 lineup’s features while addressing user demands for better efficiency, privacy and creative tools. Pre-reservations are already open, offering incentives like $30 in Samsung credit, potential trade-in values up to $900 and a sweepstakes for $5,000 in store credit. Analysts anticipate the S26 series to emphasize evolutionary refinements over revolutionary changes, prioritizing AI maturity and hardware tweaks for improved performance.
Samsung has teased that the new devices will “simplify everyday interactions” through Galaxy AI, positioning them as the “next AI phone.” Invites highlight a shift toward user-centric intelligence, with features designed to handle tasks conversationally and adapt to individual needs. This includes multi-agent AI support, allowing users to choose from different AI providers for specialized functions. A key addition is integration with Perplexity, an AI-powered search engine, embedded in apps like Notes, Gallery, Calendar, Reminder and Clock. Users can activate it with a “Hey Plex” voice command or side button assignment, enabling natural language queries for web searches and more complex tasks.
Bixby, Samsung’s voice assistant, is also getting a reboot in One UI 8.5, based on Android 16. The updated Bixby will process commands in everyday language without requiring precise terms, handling device navigation, troubleshooting and app interactions. For instance, users can describe issues like “why is my battery draining fast?” and receive tailored advice. Perplexity will back Bixby’s web-related queries, while basic tasks remain on-device for privacy.
Camera enhancements are another highlight, with Samsung promising a “seamless Galaxy camera experience” that unifies capture, editing and sharing. New AI tools will allow users to recreate missing elements in photos, such as filling in cropped-out parts or enhancing details intelligently. Low-light video performance is expected to improve through advanced noise reduction and brighter footage. The system aims to eliminate app-switching, letting users edit directly in the camera interface for faster workflows. Additional rumored AI features include “Now Nudge,” a context-aware assistant that proactively suggests actions based on user habits, and “Ask AI” in the Samsung Internet browser for summarizing web content or answering queries on-the-fly.
Hardware rumors point to modest upgrades across the board. The Galaxy S26 is expected to feature a 6.3-inch Dynamic AMOLED 2X display with Full HD+ resolution (2,340 x 1,080 pixels), a 120Hz refresh rate and Corning Gorilla Armor 2 for durability. The S26 Plus ups the screen to 6.7 inches, while the S26 Ultra boasts a 6.9-inch WQHD+ panel (potentially 1,800 x 3,440 pixels) with up to 144Hz refresh. Brightness could hit 2,600 nits on the base models.
Processor options will likely vary by region: Qualcomm’s Snapdragon 8 Elite Gen 5 for the U.S. and China, with the Exynos 2600 elsewhere. The Ultra may get an overclocked Snapdragon variant with prime cores at 4.74 GHz for enhanced performance. Benchmarks suggest strong gains, with single-core scores around 3,800 and multi-core over 9,800 on Snapdragon models, outpacing predecessors.
RAM starts at 12GB for all, with the Ultra offering 16GB in top configs. Storage options include 256GB, 512GB and 1TB using UFS 4.0, though the base S26 and Plus may skip 128GB entirely. Batteries are rumored at 4,300mAh for the S26 (25W charging), around 4,900mAh for the Plus (45W) and 5,000mAh for the Ultra (60W wired, claiming 75% charge in 30 minutes). All support wireless charging, with battery life estimates around 31 hours for the Ultra.
Camera setups appear largely unchanged but refined. The S26 and S26 Plus are expected to sport a 50MP main sensor, 12MP ultrawide, 10MP 3x telephoto and 12MP front camera. The Ultra retains its 200MP primary, upgrading to a 50MP ultrawide and 50MP 5x periscope alongside the 10MP 3x and 12MP selfie. A standout Ultra-exclusive is the “Flex Magic Pixel” privacy display, which adjusts pixel-level viewing angles to prevent shoulder-surfing in public.
Pricing rumors suggest U.S. starting points of $799 for the S26, $999 for the Plus and $1,299 for the Ultra, matching the S25 series. However, a global RAM shortage could lead to hikes in some markets, potentially €999 for the European S26. Pre-order perks may include double storage upgrades (e.g., 256GB to 512GB) and enhanced trade-ins. Release is anticipated around March 11, following pre-orders opening shortly after Unpacked.
The event may also introduce accessories like the Galaxy Buds 4, with Samsung promising seven years of software updates for the S26 lineup. Experts note that while AI integrations could differentiate the series, success hinges on real-world usability and avoiding feature fragmentation across models. As Samsung faces rivals like Apple’s iPhone 18 and Google’s Pixel 11, the S26’s blend of hardware reliability and AI innovation will be key to maintaining its flagship dominance.
With just days until the reveal, leaks and teasers have built anticipation, but Samsung’s full vision for “truly personal” AI remains to be seen.
Business
Who Killed Mexico’s Drug Cartel Leader ‘El Mencho’?
Mexican army forces killed Nemesio Rubén Oseguera Cervantes, the longtime leader of the Jalisco New Generation Cartel known as “El Mencho,” during a military operation Sunday in the western state of Jalisco, the country’s Secretariat of National Defense confirmed.

The death of one of the world’s most wanted drug lords represents a significant victory for Mexican authorities and comes as the government faces intense pressure from the United States to curb the flow of fentanyl and other drugs across the border. Oseguera Cervantes, 59, died from wounds sustained in the predawn raid after he and two other injured cartel members were airlifted toward Mexico City for medical treatment.
The operation unfolded in the town of Tapalpa, roughly two hours southwest of Guadalajara, where troops attempting to capture El Mencho came under heavy gunfire from cartel gunmen. Four CJNG members were killed at the scene, according to the Defense Ministry. Three soldiers were wounded and are receiving care. Authorities recovered armored vehicles, high-powered weapons including rocket launchers, and other military-grade equipment.
A federal official, speaking on condition of anonymity because they were not authorized to discuss the matter publicly, described the mission as an arrest attempt that escalated into a deadly firefight. The ministry’s statement on social media platform X detailed that Oseguera Cervantes was gravely injured during the exchange and succumbed en route to the capital.
El Mencho, born in Aguililla, Michoacán, rose from a former police officer to found and lead the CJNG around 2009. The cartel has since become one of Mexico’s most dominant and violent organizations, controlling vast territories for fentanyl production and trafficking, methamphetamine manufacturing, cocaine distribution, extortion rackets and fuel theft. Its aggressive expansion and brutal tactics, including public displays of mutilated bodies and attacks on security forces, made it a primary target for both Mexican and U.S. law enforcement.
The U.S. State Department had offered a reward of up to $15 million for information leading to his capture or conviction, labeling the CJNG a foreign terrorist organization. El Mencho had evaded authorities for more than a decade, with repeated rumors of his death or serious illness proving unfounded until Sunday’s confirmation.
The killing triggered immediate retaliatory violence across Jalisco and neighboring areas. Cartel gunmen set up roadblocks using burning vehicles, clashed with security forces and targeted public infrastructure in cities including Guadalajara and Puerto Vallarta. Reports emerged of shootouts, forced closures and shelter-in-place advisories as chaos spread.
The unrest severely disrupted air travel to the popular tourist hub of Puerto Vallarta. Licenciado Gustavo Díaz Ordaz International Airport suspended operations Sunday afternoon due to blocked access roads and nearby security incidents. Several international carriers, including Air Canada, United Airlines and WestJet, canceled or diverted flights to the destination, citing the ongoing situation. Other airlines monitored developments closely, with some advising passengers to avoid travel to the region.
Canada updated its travel advisory urging citizens to avoid non-essential trips to parts of Jalisco, while the U.S. Embassy in Mexico warned American citizens there to shelter in place, limit movement and follow local media for updates. Puerto Vallarta, which attracts millions of visitors annually from North America, has generally avoided the worst of cartel violence in recent years despite being in CJNG territory, making the sudden disruptions particularly alarming for the tourism-dependent economy.
U.S. officials quickly praised the operation. Deputy Secretary of State Christopher Landau described it as a “great development” on social media, calling El Mencho “one of the bloodiest and most ruthless drug kingpins.” The takedown aligns with heightened U.S.-Mexico cooperation amid threats from the Trump administration to conduct unilateral actions inside Mexico if drug trafficking persists unchecked.
Analysts caution that El Mencho’s death may not dismantle the CJNG entirely. The cartel has shown resilience in the past, with potential successors including family members and high-ranking lieutenants likely to compete for control. His son, Rubén Oseguera González (“El Menchito”), was extradited to the United States in 2020 and remains in custody facing drug charges.
“This is a decapitation strike on par with El Chapo’s capture, but history shows these groups often splinter or reorganize rather than collapse,” said a security analyst familiar with Mexican organized crime, speaking on condition of anonymity due to the sensitivity of the topic. “Short-term violence is almost certain as factions vie for power.”
The Mexican government has not released details on forensic identification or next steps, though multiple independent sources, including international media outlets and the Defense Ministry, corroborated the death. Federal reinforcements have been deployed to restore order in Jalisco, with authorities urging residents to avoid unnecessary travel and report suspicious activity.
El Mencho’s elimination arrives more than 15 years into Mexico’s drug war, which has claimed hundreds of thousands of lives and left powerful criminal enterprises controlling significant swaths of territory. While the operation provides a high-profile win for President Andrés Manuel López Obrador’s administration — often criticized for its “hugs, not bullets” philosophy — experts stress that addressing underlying issues like poverty, corruption and demand for drugs remains essential to lasting progress.
As investigations continue and violence simmers in western Mexico, the focus shifts to how the CJNG evolves without its founder and whether this strike meaningfully disrupts the flow of deadly narcotics into the United States.
Business
Starbird chicken chain leans on ‘premium ingredients’ as salads top the menu
Starbird founder Aaron Noveshen told FOX Business the chain is redefining fast food with higher-quality ingredients.
A California-based chicken chain says salads have overtaken fried menu staples as its top-selling category as the company prepares for a multistate expansion.
Starbird, a “premium fast food” chain with about 20 brick-and-mortar locations across California and Colorado, has seen its entrée-sized salads become its top-selling category, founder Aaron Noveshen told FOX Business.
“We do serve wings and tenders and sandwiches and all the more traditional [quick service restaurant] or fast casual style of chicken products,” Noveshen said. “But it’s really the premium ingredients [and] the healthful indulgence that you can have at Starbird that really differentiates us.”
Starbird’s salad lineup includes the Elote Chop Salad, Avo Cabo Crunch, Tokyo Sesame Crunch, Thai Chicken and Chicken Chop, according to the chain’s website.
JON TAFFER SAYS AI ‘DOESN’T GET SICK’ AS RESTAURANTS STRUGGLE TO FIND WORKERS

Aaron Noveshen, a fine-dining chef, founded Starbird in 2016. (Starbird)
Founded in 2016 by Noveshen, a fine-dining chef, Starbird was built on the idea that American fast food could be elevated with higher-quality ingredients and a more modern guest experience.
The chain uses fresh chicken that is hand-breaded and cooked in rice bran oil in small batches — a process Noveshen says results in a lighter, fresher product.
“The product’s incredibly fresh, incredibly light and delicious,” he said.
Beyond its food, Starbird has leaned heavily into technology.
BELOVED IOWA PIZZA FRANCHISE SERVES UP ‘MORE THAN PIZZA’ FOR ITS CUSTOMERS

Starbird salads and chicken sandwiches are pictured alongside the exterior of one of the chain’s brick-and-mortar locations. (Starbird)
The majority of orders are placed digitally, whether through the company’s mobile app, online ordering platform or in-store kiosks, according to Noveshen.
In addition to its traditional “streetside” restaurants, the company operates in several nontraditional venues.
Starbird has locations inside Levi’s Stadium, as well as at San Francisco International Airport and California Memorial Stadium, where the University of California, Berkeley football team plays.
With the Super Bowl hosted at Levi’s Stadium this year, the Bay Area saw an influx of visitors and events leading up to the game.
“Because Starbird is a known entity, people could fly in to have Starbird right at the airport, they could come to the stadium and have Starbird,” Noveshen said. “… It was one of our biggest weeks in company history.”
RED LOBSTER CONSIDERING MORE RESTAURANT CLOSURES, CEO SAYS

Noveshen plans to expand Starbird into five new states over the next year. (Starbird)
As Starbird celebrates its 10-year anniversary this year, the chain plans to expand into five new states over the next year, including Washington state, according to Noveshen.
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“That’s how we think about things at Starbird,” Noveshen said. “Create a little positivity, put a smile on people’s faces and share some deliciousness.”
Business
USA Stuns Canada 2-1 in Overtime Thriller to Claim Men’s Hockey Gold at Milano
MILAN, Italy — Jack Hughes scored the golden goal 1:41 into overtime, lifting the United States to a dramatic 2-1 victory over Canada in the men’s ice hockey gold medal game at the Milano Cortina 2026 Winter Olympics on Sunday, February 22, 2026, ending a 46-year drought since the “Miracle on Ice” triumph in 1980.

The win marked the third Olympic men’s hockey gold for the United States and the first on foreign soil, capping an unbeaten run through the tournament featuring NHL stars. Connor Hellebuyck made 41 saves in a heroic performance, while Hughes’ winner came on a three-on-one rush after Zach Werenski stripped Nathan MacKinnon of the puck in the right face-off circle and fed his brother Quinn Hughes, who set up Jack for a five-hole shot past Jordan Binnington.
Matt Boldy opened the scoring for the U.S. early in the first period, but Canada’s Cale Makar tied it with 1:44 left in the second on a power-play blast. The teams battled through a scoreless third period, with Hellebuyck thwarting multiple Canadian chances, including a stunning paddle save. In overtime, the 3-on-3 format favored speed, and Hughes delivered the decisive strike.
The game lived up to its billing as a classic North American rivalry showdown — the third Olympic final between the neighbors and the first since Sidney Crosby’s golden goal in Vancouver 2010. Crosby was absent for Canada due to injury, but stars like MacKinnon, Connor McDavid and Auston Matthews tested the U.S. defense throughout.
Hughes’ heroics echoed his brother Quinn’s overtime winner against Sweden in the quarterfinals. Post-game, Jack praised the team’s unity: “USA Hockey brotherhood means so much. Look at these guys. We’re such a team.” The Americans celebrated on the ice with a tribute to late teammate Johnny Gaudreau, placing his jersey amid the group as his family watched from the stands.
Canada’s silver marked heartbreak after chasing a record-extending 10th men’s hockey gold. The Canadians dominated stretches but couldn’t solve Hellebuyck, who earned tournament MVP honors with his 41-save effort.
The victory capped a memorable tournament — the first with NHL players since Sochi 2014 — delivering star power and intense hockey. The U.S. finished unbeaten, defeating strong opponents en route to gold.
Highlights of the game, including Hughes’ winner and Hellebuyck’s saves, quickly circulated online. NBC Sports, CBS Sports and the NHL Network broadcast the match, with clips amassing millions of views. Fans celebrated the “new Miracle,” with social media flooded by tributes to the 1980 team and praise for the current squad.
The result also completed a U.S. sweep in hockey, as the women’s team defeated Canada 2-1 in overtime for gold days earlier. For Canada, the loss stung deeply, ending hopes of reclaiming supremacy.
As the Milano Cortina Games conclude, the men’s final stands as one of the tournament’s defining moments — a tense, skillful battle decided by a clutch goal from a rising star. Hughes’ finish not only secured gold but etched another chapter in the storied USA-Canada rivalry.
Business
(VIDEO) Mexican Army Kills CJNG Leader ‘El Mencho’ and Flight Suspended to Puerto Vallarta
Mexican army forces killed Nemesio Rubén Oseguera Cervantes, the elusive leader of the powerful Jalisco New Generation Cartel known as “El Mencho,” during a military operation Sunday in the western state of Jalisco, Mexican officials confirmed.

AFP / CLAUDIO CRUZ
The death of one of the world’s most wanted drug lords marks a major blow to organized crime in Mexico and comes amid heightened U.S. pressure on the Mexican government to curb fentanyl trafficking. It triggered immediate retaliatory violence across Jalisco, including road blockades and clashes, prompting several airlines to suspend flights to the popular tourist destination of Puerto Vallarta.
Oseguera Cervantes, 59, was wounded in a predawn raid in the town of Tapalpa, about two hours southwest of Guadalajara, Mexico’s Secretariat of National Defense said in a statement. He died en route to Mexico City by air for medical treatment, along with two other injured cartel members. Four cartel gunmen were killed at the scene, two others were arrested, and authorities seized armored vehicles, rocket launchers and other weapons. Three soldiers were wounded and are receiving treatment.
A federal official, speaking on condition of anonymity because they were not authorized to speak publicly, described the operation as an attempt to capture El Mencho that turned deadly when troops came under heavy fire.
The Jalisco New Generation Cartel, or CJNG, has grown into one of Mexico’s most dominant and violent criminal organizations since its founding around 2009. Under El Mencho’s leadership, it has flooded the United States with fentanyl, methamphetamine and cocaine while engaging in extortion, fuel theft and territorial wars with rivals like the Sinaloa Cartel. The U.S. State Department had offered a reward of up to $15 million for information leading to his arrest or conviction.
El Mencho, a former police officer, had evaded capture for more than a decade, with rumors of his death or severe illness circulating repeatedly but never confirmed until now. His low-profile style contrasted with flashier predecessors like Joaquín “El Chapo” Guzmán, yet the CJNG’s brutality — including public displays of bodies and attacks on security forces — made it a top priority for both Mexican and U.S. authorities.
Mexican President Andrés Manuel López Obrador’s administration has faced criticism for its “hugs, not bullets” approach to cartels, but recent operations suggest a shift toward more aggressive tactics, possibly in response to threats from the incoming Trump administration to conduct unilateral strikes inside Mexico if drug flows continue unabated.
U.S. Deputy Secretary of State Christopher Landau confirmed the killing on social media, calling El Mencho “one of the bloodiest and most ruthless drug kingpins” and praising the operation as a “great development.”
The killing unleashed chaos in Jalisco almost immediately. Cartel gunmen set up roadblocks with burning vehicles, clashed with security forces and targeted infrastructure in Guadalajara, Puerto Vallarta and surrounding areas. Reports of shootouts and forced shelter-in-place orders spread across the state.
The violence directly impacted tourism and air travel. Puerto Vallarta’s Licenciado Gustavo Díaz Ordaz International Airport (PVR) suspended operations Sunday afternoon due to security concerns, with access roads blocked and reports of unrest near the facility.
Air Canada announced it was temporarily suspending all flights to Puerto Vallarta “due to an ongoing security situation” and advised passengers not to head to the airport. United Airlines canceled its flights to the destination, while WestJet, Porter Airlines and others diverted or grounded services. Major U.S. carriers including Delta, American and Alaska also reported cancellations or diversions affecting routes to Puerto Vallarta and nearby Guadalajara.
Canada issued an updated travel advisory urging citizens to avoid non-essential travel to parts of Jalisco, and the U.S. Embassy in Mexico warned American citizens in the region to shelter in place and monitor local media.
Puerto Vallarta, a key beach resort drawing millions of international visitors annually, has largely been spared the worst cartel violence in recent years despite being in CJNG heartland. The sudden disruptions raised fears of broader economic fallout for Mexico’s tourism sector, which relies heavily on flights from the U.S. and Canada.
Analysts said El Mencho’s death could fracture the CJNG or spark infighting over succession, potentially leading to more violence in the short term. His son, Rubén Oseguera González, known as “El Menchito,” was extradited to the U.S. in 2020 and remains in custody, while other family members and lieutenants may vie for control.
“This is the most significant takedown since El Chapo,” said one security expert familiar with cartel dynamics, speaking on condition of anonymity. “But decapitation strikes rarely end cartels — they often mutate or splinter.”
Mexican officials have not released details on funeral arrangements or confirmation of identity beyond forensic processes, but multiple sources including the Defense Ministry and international media corroborated the death.
As Jalisco remained on edge late Sunday, federal forces deployed reinforcements to restore order. Authorities urged residents to avoid travel and report suspicious activity.
The operation underscores the ongoing challenges in Mexico’s drug war, now in its second decade, with tens of thousands killed and powerful groups still controlling vast territories. El Mencho’s elimination may provide temporary relief to U.S.-Mexico relations, but experts warn that without addressing root causes like poverty and corruption, new leaders will rise to fill the void.
Business
’One Battle After Another’ wins best film at the BAFTAs

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