Business

Gavin Newsom expands California’s mortgage relief plan

Published

5 hours ago

13 February 2026

Gavin Newsom expands California's mortgage relief plan

‘Keeping It Real’ podcast host Jillian Michaels discusses social media addiction as tech giants face trial and calls out California leadership over the wildfires on ‘Varney & Co.’

Democratic Gov. Gavin Newsom is taking a direct shot at the Trump administration, expanding a state mortgage relief program to $100,000 per household while accusing the White House of “turning its back” on California fire survivors.

On Thursday, Newsom announced that disaster-affected homeowners now qualify for a full 12 months of mortgage payment relief, a significant increase from the previous three months, with a total increase to $100,000.

The maximum assistance per household skyrocketed from the original $20,000. According to a state press release, the funds are non-repayable grants with payments going directly to mortgage providers.

To date, $6.5 million has allegedly been paid to 793 recipients, primarily from the Palisades and Eaton fires, leaving a significant portion of the fund’s $1 billion budget still available.

CALIFORNIA RESIDENTS FACE BRUTAL CHOICE ONE YEAR AFTER LOS ANGELES FIRES DESTROYED THEIR LIVES

Gov. Newsom’s office did not immediately respond to Fox News Digital’s request for comment.

Gavin Newsom, governor of California, attends the 62nd Munich Security Conference Feb. 13, 2026. (Kay Nietfeld/picture alliance via Getty Images)

The move signals an aggressive shift by Sacramento to bypass a stalled federal disaster package and provide direct cash infusions to high-income homeowners.

In a press release, Newsom also called President Trump’s response a “lie” and a “disgrace” as the state moves to fill a perceived federal aid gap.

“We’ve been on the ground, listening and adjusting to meet people’s evolving needs. That’s why we’re expanding this program — to close the gap between relief and long-term recovery and make sure folks get the help they need to move forward,” Newsom said.

FOX Business’ Stuart Varney analyzes a scathing New York Times op-ed by Gov. Gavin Newsom, examining the exodus of over 1 million residents, the state’s dead-last affordability ranking and the strategic liability he poses to his party.

But federal officials at the Small Business Administration and White House argue that $3.2 billion in federal loans are already approved but are being blocked by California’s “local permitting backlogs” and “red tape.”

SBA Administrator Kelly Loeffler previously called California’s state and local permitting backlog a “nightmare” that has dragged out wildfire recovery.

“With President Trump’s leadership and alongside EPA, the SBA is opening an expedited path to recovery for every borrower who has been held hostage by the bureaucracy of Gavin Newsom and Karen Bass,” Loeffler said.

Palisades Fire victim Janna Kohl and Douglas Elliman agent Cory Weiss speak to Fox News Digital about recovery efforts and the aftermath of the Los Angeles-area fires exactly one year later.

Though the Palisades and Eaton fires were contained by the end of January 2025, the Los Angeles County Economic Development Corporation reports that they caused up to $53.8 billion in property damage alone.

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The department’s research also found extraordinarily high destruction rates, with the Palisades Fire destroying 56.3% of all assessed structures and 55.8% of single-family homes. The Eaton Fire destroyed about 50% of all structures and single-family homes.

Additionally, more than 160 lending institutions have already agreed to offer 90-day forbearance extensions beyond the legally required 12 months; and the state has pushed to use rebuilding funds to incentivize “all-electric” homes, costing anywhere from $3,000 to $10,000 less than mixed-fuel homes but aligning with California’s climate mandates.

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Fox News’ Amanda Macias contributed to this report.

Business

Is dining out dying out?

Published

4 minutes ago

14 February 2026

NewsAdmin

The restaurant industry says it is facing a double whammy – rising costs and customers with less money.

Business

Avidbank holdings director Rosinus sells $32,368 in stock

Published

10 minutes ago

14 February 2026

NewsAdmin

Avidbank holdings director Rosinus sells $32,368 in stock

Business

HA Sustainable Infrastructure Capital, Inc. (HASI) Q4 2025 Earnings Call Transcript

Published

16 minutes ago

14 February 2026

NewsAdmin

OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Q4: 2026-02-12 Earnings Summary

EPS of $0.67 beats by $0.01
| Revenue of $38.31M (-3.59% Y/Y) beats by $9.57M

HA Sustainable Infrastructure Capital, Inc. (HASI) Q4 2025 Earnings Call February 12, 2026 5:00 PM EST

Company Participants

Aaron Chew – Head of IR
Jeffrey Lipson – President, CEO & Director
Charles Melko – Treasurer, Executive VP & CFO
Marc T. Pangburn – EVP, Chief Revenue & Strategy Officer
Susan Nickey – Executive VP & Chief Client Officer

Conference Call Participants

Christopher Dendrinos – RBC Capital Markets, Research Division
Davis Sunderland – Robert W. Baird & Co. Incorporated, Research Division
Noah Kaye – Oppenheimer & Co. Inc., Research Division
Brian Lee – Goldman Sachs Group, Inc., Research Division
Maheep Mandloi – Mizuho Securities USA LLC, Research Division
Praneeth Satish – Wells Fargo Securities, LLC, Research Division
Jeffrey Osborne – TD Cowen, Research Division

Presentation

Operator

Greetings, and welcome to HASI’s Fourth Quarter and Full Year 2025 Earnings Conference Call and Webcast. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Aaron Chew, Senior Vice President of Investor Relations.

Aaron Chew
Head of IR

Thank you, operator, and good afternoon to everyone joining us today for HASI’s Fourth Quarter 2025 Conference Call. Earlier this afternoon, HASI distributed the press release reporting our fourth quarter 2025 results, a copy of which is available on our website, along with the slide presentation we will be referring to today.

This conference call is being webcast live on the Investor Relations page of our website, where a replay will be available later today. Some of the comments made on this call are forward-looking statements, which are subject to risks and uncertainties described in the Risk Factors section of the company’s Form 10-K and other filings with the SEC. Actual results may differ materially from those stated. Today’s discussion also includes some non-GAAP financial measures. A reconciliation of GAAP to non-GAAP financial measures is available in our earnings release and

Business

Naftali Holtz, Royal Caribbean Cruises CFO, sells $16.7 million in stock

Published

24 minutes ago

14 February 2026

NewsAdmin

Naftali Holtz, Royal Caribbean Cruises CFO, sells $16.7 million in stock

Business

Credicorp Ltd. (BAP) Q4 2025 Earnings Call Transcript

Published

39 minutes ago

14 February 2026

NewsAdmin

Operator

Good morning, everyone. I would like to welcome you to the Credicorp Limited Fourth Quarter 2025 Conference Call. A slide presentation will accompany today’s webcast, which is available in the Investors section of Credicorp’s website. Today’s conference call is being recorded.

[Operator Instructions]

Now it is my pleasure to turn the conference over to Credicorp’s IRO, Milagros Cig�e�as. You may begin.

Milagros Cigüeñas
Head of Investor Relations

Thank you, and good morning, everyone. Speaking on today’s call will be Gianfranco Ferrari, our Chief Executive Officer; and Alejandro Perez-Reyes, our Chief Financial Officer. Participating in the Q&A session will also be Francesca Raffo, Chief Innovation Officer; Cesar Rios, Chief Risk Officer; Eduardo Montero, Head of Insurance and Pensions; and [ Jose Navire ], Mibanco, Chief Financial Officer. Before we proceed, I would like to make the following — sorry, and also here in the Q&A session will be Diego Cavero, BCP CEO or Head of Universal Banking.

Before we proceed, I would like to make the following safe harbor statement. Today’s call will contain forward-looking statements, which are based on management’s current expectations and beliefs and are subject to a number of risks and

Business

TotalEnergies SE (TTES:CA) Q4 2025 Earnings Call Transcript

Published

45 minutes ago

14 February 2026

NewsAdmin

TotalEnergies SE (TTES:CA) Q4 2025 Earnings Call February 11, 2026 9:00 AM EST

Company Participants

Nicolas Terraz – President of Exploration & Production
Jean-Pierre Sbraire – Chief Financial Officer
Patrick de La Chevardière
Arnaud Le Foll
Stephane Michel – President of Gas, Renewables & Power
Patrick Pouyanné – Chairman & CEO
Namita Shah – President of One Tech

Conference Call Participants

Biraj Borkhataria – RBC Capital Markets, Research Division
Matthew Lofting – JPMorgan Chase & Co, Research Division
Irene Himona – Bernstein Institutional Services LLC, Research Division
Michele Della Vigna – Goldman Sachs Group, Inc., Research Division
Christopher Kuplent – BofA Securities, Research Division
Lydia Rainforth – Barclays Bank PLC, Research Division
Alejandro Vigil – Banco Santander, S.A., Research Division
Kim Fustier – HSBC Global Investment Research
Henry Tarr – Joh. Berenberg, Gossler & Co. KG, Research Division
Lucas Herrmann – BNP Paribas, Research Division
Anish Kapadia – Palissy Advisors Limited
Jean-Luc Romain – CIC Market Solutions (ESN), Research Division
Maurizio Carulli – Quilter Cheviot Limited

Presentation

Unknown Executive

So welcome, everybody, for this presentation of 2025 year results and the objective for 2026. We are from London. It is sunny like its sun for the shares of TotalEnergies until we speak. So we’ll see after that after this call. And I’m happy to be here today with the Executive Committee members. You know all of them, but not Catherine.

Catherine if you could stand up, which was — she’s our new member in charge of people and social engagement and all global services, that’s Catherine. And there is another person which is next to us that you need to know, which is Arnaud Le Foll. Arnaud is our Deputy CFO. You will have a chance to listen to him today.

We’ll make a presentation in two big parts and to focus in the middle, so to change. So Jean-Pierre will introduce the — first, we’ll have, of course, safety moment. It will be

Business

Public Storage (PSA) Q4 2025 Earnings Call Transcript

Published

52 minutes ago

14 February 2026

NewsAdmin

Company Participants

Brandon Reagan
Joseph Russell – CEO, President & Trustee
H. Boyle – Senior VP, Chief Investment Officer & CFO
Joe Fisher

Conference Call Participants

Nicholas Joseph – Citigroup Inc., Research Division
Eric Wolfe – Citigroup Inc., Research Division
Spenser Allaway – Green Street Advisors, LLC, Research Division
Juan Sanabria – BMO Capital Markets Equity Research
Samir Khanal – BofA Securities, Research Division
Ronald Kamdem – Morgan Stanley, Research Division
Viktor Fediv – Scotiabank Global Banking and Markets, Research Division
Michael Goldsmith – UBS Investment Bank, Research Division
Todd Thomas – KeyBanc Capital Markets Inc., Research Division
Brad Heffern – RBC Capital Markets, Research Division
Ravi Vaidya – Mizuho Securities USA LLC, Research Division
Michael Griffin – Evercore ISI Institutional Equities, Research Division
Hong Zhang – JPMorgan Chase & Co, Research Division
Brendan Lynch – Barclays Bank PLC, Research Division
Eric Luebchow – Wells Fargo Securities, LLC, Research Division
Omotayo Okusanya – Deutsche Bank AG, Research Division

Presentation

Operator

Greetings, and welcome to the Public Storage Fourth Quarter 2025 Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Mr. Brandon Reagan, Director of Investor Relations. Thank you. You may begin.

Brandon Reagan

Hello, everyone, and thank you for joining us for our fourth quarter 2025 earnings call. I’m here with the Public Storage leadership team, Joe Russell, Tom Boyle and Joe Fisher. Before we begin, we want to remind you that certain matters discussed during this call may constitute forward-looking statements within the meaning of the federal securities laws. These forward-looking statements are subject to certain economic risks and uncertainties. All forward-looking statements speak only as of today, February 13, 2026. And we assume no obligation to update, revise or supplement statements that become untrue because of subsequent events.

Business

’Swift Home’ trademark abandoned after Taylor Swift opposition

Published

59 minutes ago

14 February 2026

NewsAdmin

’Swift Home’ trademark abandoned after Taylor Swift opposition

Business

Separate talks on Iran and Ukraine-Russia set for Tuesday in Geneva, source says

Published

1 hour ago

14 February 2026

NewsAdmin

Separate talks on Iran and Ukraine-Russia set for Tuesday in Geneva, source says

Business

Westwood Holdings Group, Inc. (WHG) Q4 2025 Earnings Call Transcript

Published

1 hour ago

14 February 2026

NewsAdmin

Operator

Thank you for standing by, welcome to the Westwood Holdings Group, Inc. Fourth Quarter 2025 Earnings Conference Call. [Operator Instructions] As a reminder, today’s program is being recorded. And now I’d like to introduce your host for today’s program, Jill Meyer Corporate Security, Secretary and Director of Fiduciary Services. Please go ahead.

Jill Meyer
Director of Fiduciary Services & Corporate Secretary

Thank you, and welcome to our Fourth Quarter 2025 earnings conference call. The following discussion will include forward-looking statements that are subject to known and unknown risks, uncertainties and other factors, which may cause actual results to be materially different from those contemplated by the forward-looking statements. .

Additional information concerning the factors that could cause such a difference is included in our press release issued earlier today as well as in our Form 10-K for the year ended December 31, 2025, will be filed with the Securities and Exchange Commission.

We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. You are cautioned not to place undue reliance on forward-looking statements.

In addition, in accordance with SEC rules concerning non-GAAP financial measures, the reconciliation of our economic earnings and economic earnings per share to those comparable GAAP measures is included at the end of our press release issued earlier today. On the call today, we have Brian Casey, our Chief Executive Officer; and Terry Forbes, our Chief Financial Officer. I will now turn the call over to Brian Casey.