UnitedHealth facing DOJ investigation over Medicare billing
UnitedHealth Group revealed Thursday it is facing Department of Justice investigations over its Medicare billing practices, adding to a string of setbacks for a company that owns the nation’s largest and most powerful private insurer. In a securities filing, the company said that it has started complying with formal criminal and civil requests from the […]
Deckers shares rally, as some fog clears on year ahead for maker of Hoka, Ugg shoes
Deckers’s stock jumped 12% after hours on Thursday after the footwear maker reported fiscal first-quarter results that beat estimates, helped by big gains in its Hoka sneakers and Ugg shoes.
McDonald’s to test drinks inspired by CosMc’s
Something Bold (and Delicious) is Brewing at McDonald’s: A First Sip into the Future of Beverages Courtesy: McDonald’s McDonald’s said Thursday it is planning to test new coffee drinks, refreshers and flavored sodas at more than 500 restaurants later this summer, hoping to cash in on younger consumers’ love for fun, colorful drinks. “We’re seeing […]
FCC shows that its holdup of the Paramount-Skydance merger was political all along
In a statement, FCC Chair Brendan Carr says the deal was allowed to go through only after the new owners agreed to make ideological changes to its news programming and end DEI policies
FCC approves $8 billion Paramount-Skydance merger
The Paramount Global headquarters in New York, US, on Tuesday, Aug. 27, 2024. Yuki Iwamura | Bloomberg | Getty Images The Federal Communications Commission cleared the way Thursday for an $8 billion merger between Paramount and Skydance Media. The deal, which was announced more than a year ago, includes the CBS broadcast television network, Paramount […]
NFL, ESPN closing in on equity ownership deal
Key Points The NFL is closing in on a deal to take a minority stake of up to 10% in ESPN, according to people familiar with the matter, potentially tying together two powerhouse brands in sports. The discussions are ongoing, and it’s possible the final deal may arrive at a smaller stake, according to the people. ESPN […]
As latest meme-stock drama unfolds, there’s one thing that is different this time around
Meme-stock mania might be back, but old heads may have noticed that the moves this time around are lacking a certain explosiveness.
American Airlines 2Q 2025 earnings
American Airlines shares slumped 9% Thursday after the carrier’s third-quarter profit forecast fell short of Wall Street’s expectations and it reinstated its 2025 financial forecast well below its outlook at the start of the year. CEO Robert Isom told CNBC’s “Squawk Box” that the results are driven by consumer weakness, flat corporate travel demand that […]
Newly built homes are cheaper than previously owned homes as builders ramp up price cuts
As home builders aggressively slash prices to boost sales, prices of newly built homes are coming down.
Comcast spinoff Versant announces board of directors
Versant signage on the floor at the New York Stock Exchange (NYSE) in New York, US, on Monday, July 21, 2025. Michael Nagle | Bloomberg | Getty Images Comcast on Thursday announced the expected board members of its cable networks spinout, Versant. They come from backgrounds in media, technology, finance and other industries, according to […]
