(Reuters) -UnitedHealth Group suspended its annual forecast on Tuesday and said CEO Andrew Witty has decided to step down for personal reasons, effective immediately.
Shares of the company fell 3.6% to $365.10 in premarket trading.
(Reporting by Sriparna Roy in Bengaluru; Editing by Tasim Zahid and Devika Syamnath)
NEW DELHI (Reuters) -India's annual retail inflation slowed to 3.16% in April from 3.34% in March, marking its lowest in nearly six years as food prices rose at a slower pace, government data showed on Tuesday.
Inflation was below economists' estimate of 3.27% in a Reuters poll. It is the lowest year-on-year inflation since July 2019, the government said in a statement.
Food inflation eased to 1.78% in April from 2.69% in the previous month.... (continue reading...)
(Reuters) -Southeast Asian technology firm Sea Ltd on Tuesday reported a 30% surge in its first-quarter revenue, helped by steady growth in its e-commerce, entertainment and financial services businesses, sending its shares up over 7% in premarket trading.
Purchases on Sea's e-commerce platform, Shopee — available across various Southeast Asian countries and Taiwan — surged ahead of the summer holiday and travel season.
The platform, which is... (continue reading...)
By Rajesh Kumar Singh
CHICAGO (Reuters) -United Airlines is facing a financial hit and potential long-term reputational harm as flight delays and cancellations pile up due to ongoing disruptions at Newark airport - one of its largest hubs and among the busiest in the country.
A facility responsible for guiding air traffic in and out of Newark Liberty International Airport, located about 9 miles (14.5 km) from Manhattan, has suffered three... (continue reading...)
By Lisa Richwine
LOS ANGELES (Reuters) - Lyle and Erik Menendez face a Los Angeles court on Tuesday for a key hearing in their bid to cut short the life prison terms they are serving for the shotgun murders of their parents in their Beverly Hills home 35 years ago.
Defense lawyers are seeking a reduced sentence for the brothers, now 57 and 54, that would allow for their immediate release or make their eligible to be considered for... (continue reading...)
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