CMS shares fell 0.2% in premarket trading, while Regions’ stock lost 0.5%. The deal is expected to close in the fourth quarter. CMS said it plans to use the proceeds from the sale to reinvest in its core business to fund initiatives related to safety, reliability and the …
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“Our end game is to build a massive data cloud where anybody with a Snowflake account is plugged in,” CEO Frank Slootman tells Fortune. Snowflake’s existing cloud database business is already doing well …
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Microsoft sees Nuance as a way to increase its Azure cloud services health care industry market share. How so? According to CNBC, Microsoft’s executive vice president for cloud and artificial intelligence, Scott Guthrie, expects to …
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The Small Business Administration is committed to increasing its Economic Injury Disaster Loan limit to $2 million, and the agency hopes to make that change happen over the summer. SBA Administrator Isabel Guzman said in an interview with The Business …
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Honeywell on Tuesday said it will own a majority stake in the new company. It will invest between $270 million and $300 million in the entity and have a long-term agreement to help make the ion traps needed to power the quantum hardware.
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