By Brendan Pierson (Reuters) – UnitedHealth Group has already been hit with at least six class action lawsuits accusing it of failing to protect millions of people’s personal data from last month’s hack of Change Healthcare, its payment processing unit, with more lawsuits likely to come. In a motion filed late on Tuesday in Washington,…
By Iain Withers CANNES, France (Reuters) – Goldman Sachs Asset Management will resume “actively investing” in U.S. commercial property this year because the market is bottoming out, its real estate head said, while other investors said the market downturn still had further to run. Prices of U.S. offices and other commercial properties have fallen sharply…
By Jaspreet Singh and Krystal Hu (Reuters) -Nvidia-backed Together AI said on Wednesday it has raised $106 million in a new funding round, doubling its valuation since last fall as investors rushed to back startups capitalizing on the generative AI boom. Led by Salesforce Ventures, the funding valued Together AI at $1.25 billion. Other investors…
By Chibuike Oguh NEW YORK (Reuters) – Shares of Williams-Sonoma, which owns home furniture retailer Pottery Barn, surged to a record high on Wednesday after it announced better-than-expected fourth-quarter results as well as a new $1 billion stock buy-back program. Williams-Sonoma’s net revenue during the holiday shopping season fell 7% to $2.27 billion while its…
