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Business
UnitedHealth falls after report it secretly paid nursing homes to reduce hospital transfers
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UnitedHealth shares fell more than 6% on Wednesday after a report that the company made secret payments to nursing homes to reduce hospital transfers....
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Victoria’s Secret adopts ‘poison pill’ after Australian billionaire’s firm raises stake By Reuters
Victoria's Secret adopted a shareholder rights plan after Australian billionaire Brett Blundy's investment firm increased its stake in the lingerie ma...
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Exclusive: Nippon Steel to invest $4 billion for new U.S. Steel mill in $14 billion package, document says
Nippon Steel plans to invest $14 billion in U.S. Steel's operations including up to $4 billion in a new steel mill if the Trump administration green l...
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Charter to buy Cox for $21.9 billion in mega cable deal
Charter has agreed to buy privately held rival Cox Communications for $21.9 billion, uniting two of the largest cable and broadband operators in the U...
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Exclusive: Boeing nears deal to avoid guilty plea, prosecution in 737 MAX crashes case, sources say
Boeing has reached a tentative nonprosecution agreement with U.S. prosecutors in a fraud case stemming from two fatal 737 MAX plane crashes that kille...
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UnitedHealth tumbles as criminal probe report adds to investor fears
UnitedHealth Group shares plunged 16% to hit a five-year low after the Wall Street Journal reported that the DOJ was investigating the company for pot...
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Goldman Sachs fined for failing to properly report billions of trades
Goldman Sachs will pay a $1.45 million civil fine to settle a U.S. regulator's claims that the Wall Street bank failed to accurately report data for b...
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UnitedHealth CEO leaves abruptly, company pulls forecast as shares sink
UnitedHealth Group Chief Executive Andrew Witty stepped down suddenly as it suspended its 2025 forecast due to surging medical costs.
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Budweiser-maker AB InBev to invest $300 million in US facilities
The Budweiser maker also announced the launch of a new plant in Columbus, Ohio.
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US Postal Service reports $3.3 billion quarterly net loss
The USPS reported a net loss of $3.3 billion for the three months ending March 31 it continues to hike stamp prices and look at ways to cut costs.
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FAA taking immediate steps to address flight woes at Newark
The FAA said it is taking immediate steps to address ongoing woes that have disrupted hundreds of flights at Newark Liberty International Airport.
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Burger King must face lawsuit over Whopper ads
Burger King must face a lawsuit claiming it misleads customers with advertisements that make its Whopper sandwich and other products appear larger tha...
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Skechers to be taken private for $9.42 billion in biggest footwear industry deal
Investment firm 3G Capital has offered $63 per Skechers share in cash, the footwear brand said on Monday.
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Kohl’s fires new CEO for personal relationship with a vendor
Kohl's said it had fired CEO Ashley Buchanan after little more than 100 days in the CEO job.
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Nasdaq leads gains on Wall Street as Microsoft, Meta surge
Wall Street's main indexes advanced on Thursday as strong quarterly results from heavyweights Microsoft and Meta pointed to a resilient outlook for th...
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Corporate America boosts security spending after UnitedHealth murder, filings show
U.S. corporations' security spending is set to rise further in 2025 as more companies see heightened threats to their top brass.
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Ozempic copies restricted after US judge denies injunction
A U.S. judge rejected a bid by compounding pharmacies to keep making copies of Novo Nordisk's popular drugs Ozempic and Wegovy while a legal challenge...
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Jack in the Box explores Del Taco sale in strategic review, halts dividend; shares fall
Jack in the Box is seeking to offload its struggling Del Taco restaurant business and suspended its dividend as part of a restructuring plan under new...
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Tesla settles wrongful death lawsuit claiming sudden acceleration in Ohio crash
Tesla and lawyers for the estate disclosed the settlement in a filing on Monday in federal court in San Francisco but did not reveal its terms.
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DHL to suspend global shipments of over $800 to US consumers
DHL blamed the halt on new U.S. customs rules which require formal entry processing on all shipments worth over $800.
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