Wall Street ends mostly lower as chipmakers ease; inflation data ahead
By Caroline Valetkevitch NEW YORK (Reuters) -The S&P 500 and Nasdaq edged lower on Wednesday as investors took profits in chipmaker stocks, while they braced
Yellen says US aims to ensure domestic EV maker success as China boosts exports
By David Lawder ELIZABETHTOWN, Kentucky (Reuters) -U.S. Treasury Secretary Janet Yellen on Wednesday said President Joe Biden’s administration is taking steps to ensure success of
Exclusive-Vista Equity seeks to tap banks for Solera IPO, sources say
By Echo Wang (Reuters) -Private equity firm Vista Equity Partners is seeking to hire investment banks for a U.S. initial public offering of Solera, a
JPMorgan hires former Global X chief investment officer as ETF strategist
By Suzanne McGee (Reuters) – JPMorgan Chase & Co said on Wednesday its asset management division had hired Jon Maier, the former chief investment officer
India’s Reliance to buy Paramount’s stake in Viacom18
(Reuters) -India’s Reliance Industries has agreed to buy Paramount Global’s entire 13.01% stake in local entertainment network Viacom 18 Media for about $517 million (42.86
US health department opens probe into UnitedHealth hack
By Sriparna Roy and Patrick Wingrove (Reuters) -The U.S. government on Wednesday said it has opened an investigation into the cyberattack at UnitedHealth Group’s Change
Class action lawsuits pile up over UnitedHealth data breach
By Brendan Pierson (Reuters) – UnitedHealth Group has already been hit with at least six class action lawsuits accusing it of failing to protect millions
Under Armour’s founder Plank to return as CEO
(Reuters) – Apparel maker Under Armour said on Wednesday that founder vwill return to the company as CEO, effective April 1. The company’s shares rose
California city returns sacred tribal land to Indigenous people
By Joseph Ax (Reuters) – The city of Berkeley, California, has agreed to hand over to Indigenous peoples a parking lot built atop a sacred
Hunter Biden rejects House Republicans’ call for public testimony
By Makini Brice WASHINGTON (Reuters) -U.S. President Joe Biden’s son Hunter Biden rejected a request to testify to an open hearing before a Republican-controlled U.S.