The Associated Press UnitedHealth CEO Andrew Witty is stepping down for personal reasons and the nation’s largest health insurer suspended its full-year financial outlook due to higher-than-expected medical costs. Chairman Stephen Hemsley will become CEO, effective immediately, the ...

The Associated Press Microsoft began laying off about 6,000 workers Tuesday, nearly 3% of its entire workforce and its largest job cuts in more than two years as the company spends heavily on artificial intelligence. Hard hit was the tech giant’s home state of Washington, where Microsoft ...

NEW YORK — Stocks rallied Monday after China and the United States announced a 90-day truce in their trade war. Each of the world’s two largest economies agreed to take down temporarily most of its tariffs against the other, which economists had warned could start a recession and create ...

OMAHA, Neb. — Billionaire investor Warren Buffett said last week that he wants to step down as chief executive of Berkshire Hathaway at the end of the year. The revelation came as a surprise because the 94-year-old had previously said he did not plan to retire. Buffett, one of the ...

LONDON — Skype is dead. What now? Microsoft’s shutdown of Skype on Monday sent millions of users scrambling to find an alternative to the pioneering internet phone service. Skype, which Microsoft bought in 2011, was beloved by a dwindling group of users who appreciated how it let them ...

The average rate on a 30-year mortgage in the U.S. held steady this week, not far from its highest levels this year, but below where it was a year ago. The rate stood at 6.76% for the second week in a row, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged ...