Medtronic beats fourth-quarter estimates on strength in medical devices
(Reuters) -Health tech firm Medtronic beat Wall Street estimates for quarterly profit and revenue on...
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US existing home sales fall for second straight month in April
WASHINGTON (Reuters) – U.S. existing home sales unexpectedly fell in April as higher mortgage rates...
Pfizer rolls out another cost-cutting program, sets $1.5 billion target by 2027
(Reuters) -U.S. drugmaker Pfizer launched a new multi-year program to reduce its expenses by about...
Biogen to buy Human Immunology Biosciences for up to $1.8 billion deal
(Reuters) -Biogen said on Wednesday it had agreed to buy privately held Human Immunology Biosciences...
Goldman Sachs CEO says Fed unlikely to cut rates this year
By Suzanne McGee BOSTON (Reuters) – Goldman Sachs CEO David Solomon said on Wednesday he...
Amazon’s cloud unit pauses orders of Nvidia’s most powerful chip, FT reports
(Reuters) – Amazon.com’s cloud services unit has paused orders of Nvidia’s most advanced “superchip” to...
Macy’s lifts annual profit forecast as new CEO’s revamp takes root
(Reuters) -Macy’s raised its profit forecast for the year on Tuesday, as its new CEO’s...
PepsiCo to expand EV fleet in California with Tesla semis, Ford vans
(Reuters) -PepsiCo said on Tuesday it would expand its fleet of electric vehicles in California,...
Google set to bring ads in search AI Overviews
(Reuters) – Google will start testing search and shopping ads in its AI-generated answers in...
Dell deepens AI push with new PCs, Nvidia-powered servers
By Jaspreet Singh and Arsheeya Bajwa (Reuters) -Dell Technologies unveiled a range of AI-enabled PCs...