Jan 10, 2024
Stocks climb as megacaps lead; inflation data, earnings on deck

By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks closed higher on Wednesday as megacaps rallied, but gains were limited ahead of inflation reports and major bank earnings later in the week. Microsoft, Meta Platforms and Nvidia were the biggest boosts…

Jan 10, 2024
US sets enrollment record for Obamacare plans

(Reuters) -More than 20 million Americans have so far signed up for health insurance through the Affordable Care Act's (ACA) marketplace for this year, the highest since the inception of the law, according to data released on Wednesday. Over 3.7…

Jan 10, 2024
Hewlett Packard Enterprise to buy Juniper Networks in $14 billion deal

(Reuters) -Hewlett Packard Enterprise will buy networking gear maker Juniper Networks for $14 billion in an all-cash deal, in an attempt to spruce up the company's artificial intelligence (AI) offerings. HPE offered $40 per share to Juniper shareholders, the companies…

Jan 10, 2024
Fitch sees high US fiscal deficits ahead of elections

By Davide Barbuscia and Matt Tracy NEW YORK (Reuters) - Credit rating agency Fitch said on Wednesday it expects U.S. fiscal deficits to remain high this year, and that fiscal policy and governance implications of the U.S. presidential elections will…

Jan 04, 2024
Peloton to bring its content to TikTok in exclusive partnership

(Reuters) - Fitness equipment maker Peloton Interactive will bring its workout content to short-form video platform TikTok in an exclusive partnership, the companies said on Thursday. The partnership comes as Peloton, shares of which extended gains to jump 9.5% in…

Jan 04, 2024
Microsoft adds AI button to keyboards to call up chatbot

(Reuters) - Microsoft said it is adding a button to its Windows keyboard that would pull up the tech giant's Copilot service, in the first change for the device in nearly three decades. The "Copilot key", announced on Thursday, marks…