Schneider Electric working with Nvidia to design data center cooling systems

By Stephen Nellis (Reuters) – French electrical equipment maker Schneider Electric is working with Nvidia to develop designs for data center cooling systems for use in new artificial intelligence data centers, it said on Wednesday. Schneider’s designs will be used in data centres that use Nvidia’s flagship server containing 72 of its most powerful AI…

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UnitedHealthcare executive fatally shot in Manhattan, reports say

(Reuters) -Brian Thompson, the CEO of UnitedHealth’s insurance unit, was fatally shot in the chest on Wednesday morning outside the Hilton hotel in midtown Manhattan, the NY Post and Bloomberg reported, citing police sources. UnitedHealth did not immediately respond to a request for comment. The company canceled the remainder of an investor event in Manhattan…

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Nippon Steel committed to U.S. Steel takeover, aims to close in Dec, says executive

By Yuka Obayashi, Katya Golubkova and Ritsuko Shimizu TOKYO (Reuters) – Japan’s Nippon Steel is committed to its $15 billion acquisition of U.S. Steel and is confident of completing it by year-end, a senior executive said, despite strong U.S. opposition including from President-elect Donald Trump. “We will not give up on the deal… There is…

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Trump’s crypto advocacy steers businesses away from traditional treasury assets

By Niket Nishant and Bhanvi Satija (Reuters) – U.S. President-elect Donald Trump’s pro-crypto stance is prompting small businesses to allocate portions of their cash to bitcoin, challenging the dominance of traditional assets as companies look for more robust inflation hedges. Over the past month, biotech firms Enlivex Therapeutics, Acurx Pharmaceuticals and Hoth Therapeutics have set…

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