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    UnitedHealth CEO says U.S. health system ‘needs to function better’

    by admin January 18, 2025
    January 18, 2025

    The CEO of UnitedHealth Group said Thursday that shortcomings of America’s health care system must be addressed. On the company’s first earnings call…

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  • Business

    Pepsi sued by federal regulators for giving Walmart preferential soft-drink pricing

    by admin January 18, 2025
    January 18, 2025

    The Federal Trade Commission said Friday that it is suing PepsiCo for illegal price discrimination, alleging the food and beverage giant gave an unnamed retailer more favorable…

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  • Business

    Capital One acknowledges ‘outage’ as users report issues accessing deposits

    by admin January 17, 2025
    January 17, 2025

    Capital One said an unspecified technical issue was hampering customer account access, as some users reported issues with direct deposits. In response to…

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  • Business

    Biden administration seeks to avoid default crisis for student loan borrowers as garnishments resume

    by admin January 17, 2025
    January 17, 2025

    This year, for the first time in roughly five years, borrowers who have defaulted on their federal student loan debt will face collection…

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  • Business

    Target says its holiday sales were better than expected — but its profits weren’t

    by admin January 17, 2025
    January 17, 2025

    Target raised its fourth-quarter sales forecast Thursday after more consumers turned to its stores and website for holiday shopping — particularly on days known…

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  • Business

    JPMorgan Chase posts record profit as the bank’s massive scale pays off

    by admin January 17, 2025
    January 17, 2025

    JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank in…

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  • Business

    Citibank customers report fraud alerts and account access issues

    by admin January 17, 2025
    January 17, 2025

    Numerous Citibank customers reported receiving fraud alerts and having difficulty accessing their accounts Wednesday. According to DownDetector.com, which tracks reports of digital services…

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  • Business

    Meta announces 5% cuts in preparation for ‘intense year.’ Read the internal memo.

    by admin January 16, 2025
    January 16, 2025

    Meta is set to cut about 5% of its workforce, focusing on the company’s lowest-performing staffers, CNBC confirmed Tuesday. CEO Mark Zuckerberg informed employees about the…

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  • Business

    USDA documented insects and slime at Boar’s Head plants, records show

    by admin January 16, 2025
    January 16, 2025

    Government inspectors documented unsanitary conditions at several Boar’s Head deli meat plants, not just the factory that was shut down last year after a deadly…

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  • Business

    Disney wins the 2024 box office as year-end receipts offer a welcome boost

    by admin January 16, 2025
    January 16, 2025

    Foul-mouthed superheroes and family-friendly fare propped up the domestic box office during the final months of 2024. Full-year ticket sales were down just…

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