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Four people on a U.S. 4.com slash lookingglass.

Four people on a U.S. registered speedboat are shot and killed after being intercepted in Cuban waters.

Plus, while businesses wait to see if they get tariff refunds, Wall Street is buying up those claims now.

Companies that paid millions and millions of dollars in tariffs are facing this crucial decision right now. Do they want to potentially wait years for this refund process to play out?

Or do they want to strike a deal with an investment firm that's willing to give them a fraction of their money today.

And prediction market platform, Kalshi, has fined two users for breaking its rules.

It's Wednesday, February 25th.

I'm Alex O'Selev for the Wall Street Journal.

This is the PM edition of What's News, the top headlines and business stories that moved the world today.

This just in, four people were shot and killed, and six others were injured this morning on a U.S. registered speedboat after being intercepted in Cuban waters. That's according to Cuba's

Interior Ministry, which also said that the vessel, which was

registered in Florida, opened fire on the island's border patrol when they approached the boat

on Cuba's north-central coast. As of this afternoon, the identities or nationalities of the

individuals on the boat weren't disclosed. The U.S. State Department didn't immediately return

a request for comment, while Cuba's Interior Ministry said that authorities

are investigating the incident. The deadly clash comes as the Trump administration has sought to

choke off fuel shipments to Cuba in recent weeks. In fact, today the Trump administration announced

...