News
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BREAKINGVIEWS-UnitedHealth faces a long and painful recovery
By Robert Cyran NEW YORK, May 13 (Reuters Breakingviews) - Even UnitedHealth UNH.N will struggle to overcome parasitic medical costs that Warren Buffett once called a tapeworm eating away at U.S. economic competitiveness. The $300 billion healthcare conglomerate reinstalled Chairman Stephen Hemsl...Reuters
Tue, May 13
Scottish parliament approves assisted dying bill in key vote
By Catarina Demony LONDON, May 13 (Reuters) - The Scottish parliament voted on Tuesday in favour of a bill that would allow people living in Scotland with a terminal illness to take their own lives, bringing the proposal a step closer to becoming a reality in the country. Ahead of a final vote, ...Reuters
Tue, May 13
Golf-PGA of America boss wants rethink on rollback rule
By Frank Pingue CHARLOTTE, North Carolina, May 13 (Reuters) - Golf's governing bodies need to rethink plans to implement new testing procedures that would curb how far golf balls travel, PGA of America CEO Derek Sprague said on Tuesday.Sprague, speaking to reporters ahead of this week's ...Reuters
Tue, May 13
Disney's new streaming service ESPN to cost $29.99 per month
ESPN streaming service to launch this fallBundle option with Disney+ and Hulu availableBy Jaspreet Singh May 13 (Reuters) - Walt Disney DIS.N said on Tuesday its new streaming service would be named ESPN and cost $29.99 per month, as the media company aims to tap sports fans who have never subscr...Reuters
Tue, May 13
Hinge Health targets $3 billion valuation as IPO markets signal comeback
By Ateev Bhandari May 13 (Reuters) - Digital health startup Hinge Health said on Tuesday it is targeting a valuation of up to $2.98 billion on a fully diluted basis in its initial public offering, signaling thawing of the U.S. IPO market after recent market volatility.Financial markets have regai...Reuters
Tue, May 13
Desjardins Group Reports Q1 Total Net Revenue Of $3,682 Million
May 13 (Reuters) - Desjardins Group:DESJARDINS GROUP: Q1 TOTAL NET REVENUE OF $3,682 MILLIONDESJARDINS GROUP: Q1 PROVISION FOR CREDIT LOSSES OF $210 MILLIONDESJARDINS: INCREASE IN Q1 CREDIT LOSS PROVISION DUE TO UNFAVOURABLE DEVELOPMENTS IN ECONOMIC OUTLOOK FROM TARIFFS IMPOSED BY NEW U.S. ADMINISTR...Reuters
Tue, May 13
BRB Foods Says Offering 3.75 Mln Shares Of Common Stock In IPO - SEC Filing
May 13 (Reuters) - BRB Foods Inc: BRB FOODS INC - OFFERING 3.75 MILLION SHARES OF COMMON STOCK IN IPO - SEC FILINGBRB FOODS INC - IPO PRICE EXPECTED BETWEEN $4.00 AND $5.00 PER SHARE - SEC FILINGBRB FOODS INC: ADDS ALEXANDER CAPITAL, L.P. AS UNDERWRITER TO IPOSource text: [ID:n0001213900-25-042525]Reuters
Tue, May 13
California senator calls on NOAA to restore 'billion-dollar' disaster database
WASHINGTON, May 13 (Reuters) - Democratic Senator Adam Schiff on Tuesday urged Commerce Secretary Howard Lutnick and the National Oceanic and Atmospheric Administration's acting secretary to restore a database that tracked billion-dollar U.S. disasters.He said its removal prevented lawmakers, in...Reuters
Tue, May 13
Syrian foreign minister says lifting of sanctions 'new start' for reconstruction
May 13 (Reuters) - Syrian Foreign Minister Asaad al-Shibani said on Tuesday the decision by U.S. President Donald Trump to lift sanctions on Damascus marked a "new start" in his country's reconstruction path, according to a post on X.Shibani thanked Saudi Arabia for facilitating the remo...Reuters
Tue, May 13
U.S. RESEARCH ROUNDUP-ACI Worldwide, Expand Energy, First Solar
May 13 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including ACI Worldwide, Expand Energy and First Solar, on Tuesday. HIGHLIGHTS* ACI Worldwide Inc ACIW.O: D.A. Davidson raises to buy from neutral* Expand Energy Corp EXE.O: P...Reuters
Tue, May 13
US agrees to sell Saudi Arabia $142 billion arms package
RIYADH, May 13 (Reuters) - The United States agreed on Tuesday to sell Saudi Arabia an arms package worth nearly $142 billion, according to a White House fact sheet that called it "the largest defense cooperation agreement" Washington has ever done. The agreement, signed during U.S. Presiden...Reuters
Tue, May 13
NEWSMAKER-Who is Casandra Ventura, R&B singer at center of ‘Diddy’ trial?
Ventura's career began with 2006 hit "Me & U"Her music blends R&B, hip-hop, pop, and Filipino cultureVentura married Alex Fine in 2019, now expecting third childBy Danielle Broadway LOS ANGELES, May 13 (Reuters) - R&B singer Casandra Ventura, a onetime rising star in the N...Reuters
Tue, May 13
Cisco To Collaborate With AI Infrastructure Partnership To Drive Investment In Data Centers
May 13 (Reuters) - Cisco Systems Inc CSCO.O:CISCO TO COLLABORATE WITH AI INFRASTRUCTURE PARTNERSHIP TO DRIVE INVESTMENT IN DATA CENTERS AND ENABLING INFRASTRUCTURECISCO: TO WORK WITH BLACKROCK, GLOBAL INFRASTRUCTURE PARTNERS, MGX, MICROSOFT, NVIDIA AND XAI TO ACCELERATE INNOVATION AND SCALING OF AI ...Reuters
Tue, May 13
Google seeks to limit reach of US judge’s digital ads ruling
By Mike Scarcella May 13 (Reuters) - Alphabet’s Google has asked a federal judge in Texas not to adopt the reasoning of his counterpart in Virginia who ruled last month that the tech giant illegally dominates markets for online advertising technology.In a filing on Monday, Google told U.S. Distri...Reuters
Tue, May 13
Motor racing-Vowles vows no more team orders confusion at Williams
By Alan BaldwinGROVE, England, May 13 (Reuters) - Williams have made changes to avoid repeating the situation in Miami where Carlos Sainz mistakenly thought Alex Albon had ignored orders not to pass, team boss James Vowles said on Tuesday.Sainz complained after the May 4 Formula One race that he had...Reuters
Tue, May 13
Cisco Announces New Strategic AI Initiatives In The Middle East
May 13 (Reuters) - Cisco Systems Inc CSCO.O:CISCO ANNOUNCES NEW STRATEGIC AI INITIATIVES IN THE MIDDLE EASTCISCO SYSTEMS INC - JOINS HUMAIN ALLIANCE TO BUILD SAUDI ARABIA'S AI INFRASTRUCTURECISCO SYSTEMS INC - TO COLLABORATE WITH AIP TO DRIVE GLOBAL AI INFRASTRUCTURE INVESTMENT IN UNITED STATES ...Reuters
Tue, May 13
Syria welcomes Trump's remarks on lifting of sanctions, foreign minister tells Reuters
May 13 (Reuters) - Syria welcomed on Tuesday U.S. President Donald Trump's remarks regarding the lifting of sanctions imposed on Damascus, Syrian Foreign Minister Asaad Shibani said in a statement to Reuters.Earlier on Tuesday, Trump said he would remove all sanctions against Syria, saying they ...Reuters
Tue, May 13
United Airlines exec says it may not get Boeing 737 MAX 10s until 2027 or '28
By David Shepardson NEW YORK, May 13 (Reuters) - United Airlines UAL.O may not take delivery of the Boeing BA.N 737 MAX 10 until 2027 or 2028 because of uncertainty about when the plane will be approved for use, an executive for the carrier said Tuesday.Boeing has faced significant delays in ...Reuters
Tue, May 13
ANALYSIS-Tesla's refresh to best-selling Model Y SUV starts on rocky road
Attractive financing deals soon after rollout show weak demand Short wait times for customers suggest that demand is less than supplyAnalysts blame rising competition, backlash against Musk's politics Slow kickoff piles pressure on Tesla to launch cheaper modelsBy Abhirup Roy SAN FRANCISCO, M...Reuters
Tue, May 13
