UnitedHealth fights back: Blame drugmakers for high costs, not the 'middlemen.'
On the post-earnings call with analysts, Chief Executive Andrew Witty addressed the recent public backlash over high drug costs and transparency of coverage, particularly following killing of Brian ...
Outsourcing giant Infosys raised sales guidance for a third time. AI is helping.
Indian outsourcing giant Infosys Ltd. on Thursday raised its sales outlook for the third time this year as the company said clients were increasingly adopting its artificial-intelligence services.
Taiwan Semiconductor Earnings: Growth May Be Too Reliant on Artificial Intelligence
Taiwan Semiconductor budgets capital spending at $38 billion-$42 billion for 2025, or over 35% of revenue. This is a 28%-41% ...
Exclusive: Cannabis groups combine to push for federal reforms under Trump
Bachtell is lined up to be chairman the U.S. Cannabis Roundtable, with backing from the "big five" legal U.S. cannabis multi-state operators including Cresco Labs, Verano Holdings Corp. (VRNOF), ...
PNC Financial Services Group on Pace for Largest Percent Decrease Since April 2024 — Data Talk
PNC Financial Services Group, Inc. (PNC) is currently at $192.82, down $7.62 or 3.8% --On pace for largest percent decrease since April 10, 2024, when it fell 3.95% --Down 14.85% from its all-time ...
U.S. Bancorp Down Nearly 6%, on Pace for Largest Percent Decrease Since May 2023 — Data Talk
--On pace for largest percent decrease since May 2, 2023, when it fell 7.01% --Down 24.16% from its all-time closing high of $63.25 on Jan. 14, 2022 --Up 19.48% from 52 weeks ago (Jan. 18, 2024), when ...
U.S. Home Builders Defy High Rates With Sunnier Mood
America's house builders are increasingly upbeat as the new year starts and hopes mount for more favorable regulation and lower borrowing rates ahead, according to a survey released Thursday by the ...
Canada Considers Tariffs on $150 Billion of U.S. Imports As Possible Retaliation — Update
Trump has threatened to slap a 25% tariff on all imports from Canada, citing lackluster border security and the trade deficit that the U.S. runs with its northern neighbor. Trump also has said he's ...
Citigroup Earnings: Firm Remains in a Turnaround
Citigroup C ended the year with middling numbers, but its upbeat management guidance for 2025 and announcement of a $20 ...
ICE Canada Morning Comment: Bad News on U.S. Biofuel Tax Credit
It appears canola is now excluded from the latest changes the United States Department of the Treasury made to the Section 45Z biofuel tax credit. Canadian canola oil has been one of the key imports ...
Treasury yields advance on mixed U.S. data following biggest plunge in months
-- The yield on the 10-year Treasury BX:TMUBMUSD10Y was up by 1.3 basis points at 4.666%, from 4.653% on Wednesday. -- The yield on the 30-year Treasury BX:TMUBMUSD30Y was up less than 1 basis point ...
BP Cuts 4,700 Internal, 3,000 Contractor Roles as it Trims Costs — Update
BP said it will cut 4,700 internal and 3,000 contractor roles in a bid to cut costs. Employees at the British oil-and-gas giant were told of the job cuts Thursday via an email from Chief Executive ...