Humana shares tumble as 2025 membership for its top-rated Medicare plans slump
(Reuters) -Humana said on Wednesday that a lower-performance rating for a widely used Medicare insurance plan hurt enrollments for 2025…
2024
OpenAI closes $6.6 billion funding haul at valuation of $157 billion with investment from Microsoft and Nvidia
By Krystal Hu (Reuters) – OpenAI has raised $6.6 billion from investors at a post-money valuation of $157 billion, cementing…
SoFi debuts platform for companies to offer expanded access to IPOs
By Hannah Lang (Reuters) -California fintech giant SoFi is teaming up with British capital markets platform PrimaryBid Technologies to expand…
Lilly to invest $4.5 billion on new facility to scale-up pipeline drug production
(Reuters) -U.S. drugmaker Eli Lilly said on Wednesday it will invest $4.5 billion to create a new center in Indiana…
OpenAI closes $6.6 billion funding haul with investment from Microsoft and Nvidia
By Krystal Hu (Reuters) -OpenAI, the company behind ChatGPT, has raised $6.6 billion from investors, which could value the company…
Biden says he does not support attack on Iran’s nuclear sites
By Trevor Hunnicutt and Jasper Ward WASHINGTON (Reuters) – U.S. President Joe Biden said on Wednesday that he does not…
Bristol Myers beats $6.4 billion lawsuit over delayed cancer drug
(Reuters) – Bristol Myers Squibb won the dismissal on Monday of a $6.4 billion lawsuit claiming it cheated former Celgene…
Fed’s Powell says rates will ‘over time’ reach neutral level, not on preset course
By Howard Schneider NASHVILLE, Tennessee (Reuters) – The U.S. economy seems poised for a continued slowdown in inflation that will…
Tesla’s quarterly deliveries set to rise as China incentives lure wary EV buyers
By Akash Sriram and Abhirup Roy (Reuters) – Tesla is expected to report an 8% jump in third-quarter deliveries of…
AT&T sells stake in DirecTV to TPG for $7.6 billion
(Reuters) -AT&T said on Monday it would sell its entire 70% stake in satellite TV provider DirecTV to private equity…