Global banks forecast improved investment banking outlook

Global banks forecast improved investment banking outlook

A street sign for Wall Street hangs in front of the New York Stock Exchange May 8, 2013. REUTERS/Lucas Jackson/File Photo Acquire Licensing Rights NEW YORK, Dec 5 (Reuters) – Global bank executives said that dealmaking conditions have begun to improve, with some predicting a better outlook for strategic mergers and acquisitions at an industry … Read more

Exclusive: Cigna explores shedding Medicare Advantage business -sources

Exclusive: Cigna explores shedding Medicare Advantage business -sources

Signage for Cigna is pictured at a health facility in Queens, New York City, U.S., November 30, 2021. REUTERS/Andrew Kelly/File Photo Acquire Licensing Rights NEW YORK, Nov 6 (Reuters) – U.S. health insurer Cigna Group (CI.N) is exploring the sale of its Medicare Advantage business, which manages government health insurance for people aged 65 and … Read more

Elevance raises 2023 profit forecast on easing fears over medical costs

Elevance raises 2023 profit forecast on easing fears over medical costs

Oct 18 (Reuters) – Health insurer Elevance Health (ELV.N) raised its annual adjusted profit outlook and beat Wall Street estimates for third-quarter profit on Wednesday, on the back of lower-than-expected medical costs, sending shares over 2% higher. Elevance, however, took a nearly $700 million charge due to job cuts and write-offs from some technology assets … Read more

Kaiser Permanente and healthcare workers head for labor clash as strike deadline looms

Kaiser Permanente and healthcare workers head for labor clash as strike deadline looms

[1/2]A Kaiser Permanente health care center is pictured in Anaheim, California, U.S., October 3, 2023 as more than 75,000 Kaiser Permanente healthcare workers could go on strike from Oct. 4 to Oct. 7 across the United States. REUTERS/Mike Blake Acquire Licensing Rights WASHINGTON, Oct 3 (Reuters) – Kaiser Permanente appeared headed for a labor clash … Read more

Wall Street ends down, investors step back after Fitch US rating cut

Wall Street ends down, investors step back after Fitch US rating cut

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 20, 2023. REUTERS/Brendan McDermid/File Photo Fitch cuts US credit rating to AA+ Wells Fargo slides on plan to help refill FDIC coffers U.S. private payrolls beat expectations in July, ADP says Indexes down: Dow 0.98%, S&P 1.38%, … Read more

Quest Diagnostics launches Alzheimer’s blood test for consumers

Quest Diagnostics launches Alzheimer’s blood test for consumers

CHICAGO, July 31 (Reuters) – Quest Diagnostics (DGX.N) on Monday launched the first direct-to-consumer blood test to detect abnormal levels of beta amyloid, a key Alzheimer’s disease protein that can appear years before dementia symptoms arise. The $399 test, called AD-Detect, uses the same technology as a blood test the company began selling for use … Read more