(Reuters) -UnitedHealth Group CEO Andrew Witty has stepped down unexpectedly and company veteran Stephen Hemsley is returning to the top…
Category: Business
Digital banking startup Chime files for US IPO, reveals rise in revenue
(Reuters) -Digital banking fintech firm Chime revealed on Tuesday that its revenue surged in 2024 after making public its filing…
Fidelity website outage blocks users from trading rally
By Suzanne McGee (Reuters) -Fidelity trading platforms experienced outages just as U.S. stock markets opened for trading on Monday morning,…
EU regulators ask if Starlink is credible rival to SES, Intelsat
By Foo Yun Chee BRUSSELS (Reuters) -EU antitrust regulators, who are examining European satellite company SES’s $3.1-billion bid for Intelsat,…
Nippon Steel exec headed to Washington next week in push for US Steel deal, source says
(Reuters) -Nippon Steel Vice Chairman Takahiro Mori is headed to Washington next week as the company seeks to win approval…
Exclusive-Nvidia modifies H20 chip for China to overcome US export controls, sources say
By Liam Mo and Brenda Goh BEIJING (Reuters) -Nvidia plans to release a downgraded version of its H20 artificial intelligence…
Texas secures $1.38 billion settlement with Google over data privacy
(Reuters) -Google has agreed to pay $1.375 billion in a settlement in principle reached with the state of Texas over…
Devon Energy misses first-quarter profit estimates on lower oil prices
(Reuters) -Devon Energy missed Wall Street estimates for first-quarter profit on Tuesday, as lower oil prices offset higher production. Shares…
Rivian slashes annual deliveries forecast as US tariffs seen hitting demand
(Reuters) -Rivian lowered its deliveries forecast for 2025 on Tuesday as U.S. tariffs on imported vehicles and auto parts threaten…
AMD forecasts Q2 revenue above estimates, despite new US chip curbs on China exports
By Arsheeya Bajwa, Max A. Cherney (Reuters) -Advanced Micro Devices forecast second-quarter revenue above Wall Street estimates on Tuesday, in…