UnitedHealth unit will start processing $14 billion medical claims backlog after hack
By Leroy Leo (Reuters) -UnitedHealth Group said on Friday its Change Healthcare unit will start to process the medical claims…
Day: March 22, 2024
Fed’s Bostic scales back to single rate cut on inflation concerns
ATLANTA (Reuters) -Atlanta Federal Reserve Bank President Raphael Bostic said on Friday he now expects just a single quarter-point interest…
Global stocks catch breath after record-breaking week
By Alden Bentley and Elizabeth Howcroft NEW YORK/LONDON (Reuters) -Profit-taking capped global stock markets on Friday after a week of…
Walmart-backed tech firm Ibotta files for US IPO
(Reuters) – Walmart-backed digital marketing company Ibotta has filed to go public in the United States, it said in a…
Nike warns of revenue dip as it cuts back on key products
By Ananya Mariam Rajesh and Katherine Masters (Reuters) -Nike warned on Thursday that its revenue in the first half of…
US Senate takes up $1.2 trillion bill to avoid shutdown, midnight deadline looms
By David Morgan, Richard Cowan and Makini Brice WASHINGTON (Reuters) -The Democratic-majority U.S. Senate on Friday was trying to pass…
Reddit may need to ramp up spending on content moderation, analysts say
By Niket Nishant (Reuters) -Reddit will need to spend heavily on content moderation as it may face greater scrutiny as…
Apple held talks with China’s Baidu over AI for its devices, WSJ reports
(Reuters) -Apple has held preliminary talks with Baidu <9888.HK> about using the Chinese company’s generative artificial-intelligence technology in its devices…