Your Pulse On America: Live And Unfiltered
Appaloosa Management’s David Tepper on Thursday disclosed a new position in Intel , amid news reports that the Trump administration is considering a stake in the U.S. chipmaker. He also built a strong stake in beaten-down insurer UnitedHealth Group . The hedge fund billionaire built a sizable Intel stake of $179.2 million in Intel at…
UnitedHealthcare signage is displayed on an office building in Phoenix, Arizona, on July 19, 2023. Patrick T. Fallon | Afp | Getty Images UnitedHealth Group on Tuesday issued a 2025 outlook that fell short of Wall Street’s expectations, as the company’s insurance unit continues to grapple with higher medical costs. The company anticipates it will…
So long, summer doldrums. A stock market at all-time highs could be shaken up in a big way next week. Federal Reserve policymakers are convening for their July meeting at a time when central bank independence is in question. More of the Magnificent Seven companies are set to report and answer critical questions about artificial…
The UnitedHealth logo on a laptop arranged in New York, US, on Friday, July 7, 2023. Gabby Jones | Bloomberg | Getty Images UnitedHealth Group revealed Thursday it is facing a Justice Department investigation over its Medicare billing practices, adding to a string of setbacks for a company that owns the nation’s largest and most…
UnitedHealthcare signage is displayed on an office building in Phoenix, Arizona, on July 19, 2023. Patrick T. Fallon | Afp | Getty Images Health plans under major U.S. insurers said Monday they have voluntarily agreed to speed up and reduce prior authorizations – a process that is often a major pain point for patients and…
Flags fly at half staff outside the United Healthcare corporate headquarters in Minnetonka, Minnesota, Dec. 4, 2024. Stephen Maturen | Getty Images News | Getty Images It took six months, countless hours on hold and intervention from state regulators before Sue Cover says she finally resolved an over $1,000 billing dispute with UnitedHealthcare in 2023….
Bloomberg | Bloomberg | Getty Images Shares of UnitedHealth Group plunged more than 18% on Thursday following a report that the Department of Justice is conducting a criminal investigation into the health-care giant over possible Medicare fraud. The DOJ is focusing on the company’s Medicare Advantage business practices, but the exact nature of the potential…
The chief executive of UnitedHealth Group, Andrew Witty, stepped down from his post for “personal reasons,” the company said in a statement on Tuesday. The company also scrapped its financial forecast for this year because of higher than expected medical costs, saying only that it expected the company to “return to growth in 2026.” After…
Two independent medical practices in Minnesota once hoped to expand operations but have spent the past year struggling to recover from the cyberattack on a vast UnitedHealth Group payment system. Odom Health & Wellness, a sports medicine and rehabilitation outfit, and the Dillman Clinic & Lab, a family medicine practice, are among the thousands of…
Luigi Mangione, the suspect in the killing of UnitedHealth Group chief executive Brian Thompson, appears in Manhattan Supreme Court on New York state murder and terrorism charges in New York City, U.S., Feb. 21, 2025. Curtis Means | Via Reuters Luigi Mangione pleaded not guilty Friday in New York federal court to the murder of…