Business

(Reuters) -Insurer Health Care Service Corp said on Wednesday it would buy Cigna's Medicare business that manages government-backed health insurance for people aged 65 and older for $3.3 billion in cash. The sale consists of Cigna's Medicare lines, including Medicare...

By Medha Singh (Reuters) -High-flying semiconductor stocks slipped on Wednesday after Advanced Micro Devices' disappointing current-quarter revenue forecast added to investor worries over sluggish demand for non-AI chips. AMD targets revenue of $5.4 billion, plus or...

(Reuters) - The Federal Reserve will conclude its latest two-day policy meeting on Wednesday, and while it is expected to maintain its policy rate in the current 5.25%-5.50% range, data on inflation, jobs and consumer spending is bringing the prospects of rate cuts...