UnitedHealth names insider Patrick Conway as Optum CEO
(Reuters) -UnitedHealth Group on Tuesday said insider Patrick Conway will take on the top job at Optum, its health services…
Month: April 2025
Visa beats profit estimates on strong card spending volumes, plans $30 billion buyback
(Reuters) -Visa beat Wall Street estimates for quarterly profit on Tuesday, as the world’s largest payment processor benefited from a…
Starbucks posts bigger-than-expected drop in global sales on weak U.S. demand
(Reuters) – Starbucks posted a bigger-than-expected drop in quarterly global comparable sales on Tuesday, as demand remained sluggish for its…
UBS hires banker Kelvin Quezada from Barclays to bolster M&A
By Sabrina Valle NEW YORK (Reuters) – Kelvin Quezada is set to join UBS as managing director in the Unified…
Chip design software maker Cadence raises annual forecasts on steady AI demand
(Reuters) -Cadence Design Systems raised its forecasts for annual revenue and profit on Monday, betting on resilient demand for its…
PepsiCo’s Gatorade defeats banned sprinter’s lawsuit over ‘recovery gummies’
By Jonathan Stempel NEW YORK (Reuters) – PepsiCo’s Gatorade unit on Monday won the dismissal of a lawsuit by former…
After yield surge, US Treasury expected to keep auction sizes steady
By Karen Brettell NEW YORK (Reuters) -The U.S. Treasury Department is expected to leave most of its auction sizes unchanged…
IBM to invest $150 billion in US over next five years to aid quantum push
By Zaheer Kachwala and Aditya Soni (Reuters) -IBM will invest $150 billion in the U.S., including on facilities for quantum…
Measles cases in Texas rise to 646, state health department says
(Reuters) -The Texas health department reported 646 cases of measles in the state on Friday, an increase of 22 cases…
Big tech earnings, US jobs data highlight busy week for markets
By Lewis Krauskopf NEW YORK (Reuters) -A packed upcoming week for markets will test a U.S. stocks rebound, with investors…