UnitedHealth’s lower-than-feared costs lift profit, shares
By Bhanvi Satija and Raghav Mahobe (Reuters) -UnitedHealth Group’s quarterly profit beat Wall Street estimates on Friday as a smaller-than-expected…
Business
Dollar gains after steep losses, but downtrend stays intact
By Gertrude Chavez-Dreyfuss and Joice Alves NEW YORK/LONDON (Reuters) – The U.S. dollar bounced on Friday after falling sharply the…
Coinbase limiting staking service for retail customers in four states
(Reuters) – Coinbase retail customers in California, New Jersey, South Carolina and Wisconsin will be unable to pledge new cryptocurrency…
Disney seeks to toss district lawsuit in DeSantis feud
By Tom Hals WILMINGTON, Delaware (Reuters) -Walt Disney Co asked a Florida judge on Friday to dismiss a lawsuit by…
Hedge funds rush to unwind bearish stock positions
By Carolina Mandl and Nell Mackenzie NEW YORK/LONDON (Reuters) – Global hedge funds rushed to unwind bets that U.S.-listed stocks…
Oil prices fall on profit-taking, still record weekly gain
(Corrects Brent price unit in second paragraph to ‘per barrel’) By Shariq Khan BENGALURU (Reuters) – Oil prices fell more…
M&G’s Leaviss says U.S. Treasury yields have likely peaked
By Divya Chowdhury MUMBAI (Reuters) – U.S. treasury yields have likely peaked, with longer-dated bonds looking attractive as the Federal…
David’s Bridal avoids shutdown with no-cash bankruptcy sale
By Dietrich Knauth NEW YORK (Reuters) – Bankrupt wedding gown retailer David’s Bridal received court approval on Friday to sell…
Explainer – What makes a crypto asset a security in the US?
By Jody Godoy (Reuters) – Cryptocurrency companies that have resisted U.S. regulatory oversight, arguing digital assets are not securities, won…
JPMorgan, Wells Fargo prepare for losses on office loans
By Matt Tracy (Reuters) -JPMorgan Chase and Wells Fargo said on Friday they set aside more money for expected losses…