By Jonathan Stempel NEW YORK (Reuters) -Peloton Interactive must face a lawsuit claiming it defrauded shareholders by masking excess inventory…
US CDC director being ousted weeks into job, Washington Post reports
WASHINGTON (Reuters) -Susan Monarez, the director of the Centers for Disease Control and Prevention, is being ousted from the position…
HP beats third-quarter revenue estimates on AI PC adoption, Windows 11 upgrade
(Reuters) -HP Inc beat Wall Street estimates for third-quarter revenue on Wednesday, driven by growing demand for artificial intelligence-powered personal…
Nvidia forecasts higher revenue as China clouds future
By Arsheeya Bajwa and Stephen Nellis (Reuters) -Nvidia forecast third-quarter revenue above Wall Street estimates on Wednesday, helped by robust…
Analysis-Canadian Pacific joins Buffett in rejecting railroad consolidation, narrowing merger prospects
By Sabrina Valle NEW YORK (Reuters) -Two major rail operators have taken themselves out of the merger game that has…
Factbox-Fed Governor Cook’s mortgages: What’s known and what’s not
(Reuters) -U.S. President Donald Trump says he is removing Federal Reserve Governor Lisa Cook for “cause,” citing what he said were “false…
DoJ expands probe into UnitedHealth’s prescription management services, Bloomberg News reports
(Reuters) -The U.S. Justice Department’s criminal division is digging into business practices at UnitedHealth Group’s pharmacy benefit manager, Optum Rx,…
Meta’s planned Louisiana AI data center to cost $50 billion, Trump says
(Reuters) -Meta’s planned AI data center in Louisiana will cost $50 billion, President Donald Trump said during a cabinet meeting…
Trump wants more deals like Intel’s, worrying business community
By David Gaffen WASHINGTON (Reuters) -U.S. President Donald Trump said he wants to make more investments in healthy U.S. companies…
Trump again pushes US agency to revoke NBC, ABC station licenses
By David Shepardson WASHINGTON (Reuters) -President Donald Trump reiterated a long-running push for the Federal Communications Commission to revoke station…