Shares of UnitedHealth Group (UNH) dropped significantly in premarket trading following reports that the U.S. Department of Justice is investigating the company for potential Medicare fraud. According to […]
Uncategorized
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Oil Prices Drop on Potential US-Iran Nuclear Deal and Rising Inventories
Oil prices experienced a decline of approximately $2 on Thursday, driven by expectations of a possible U.S.-Iran nuclear deal that could lead to the easing of sanctions. Additionally, […]
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Jaguar Land Rover Confirms No Plans to Build Cars in the US Amid Tariff Concerns
UK-based carmaker Jaguar Land Rover has confirmed it does not plan to produce vehicles in the US, as President Donald Trump’s tariffs continue to affect the motor industry. […]
Banks
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UnitedHealth Faces Criminal Probe Over Alleged Medicare Fraud
The U.S. Department of Justice (DOJ) is conducting a criminal investigation into UnitedHealth Group regarding possible Medicare fraud, according to a report by the Wall Street Journal. UnitedHealth […]
Uncategorized
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Moderate Republicans Advocate for Adjustments to Energy Tax Credit Cuts in House GOP Megabill
Moderate Republicans are urging for revisions to the energy tax credit cuts included in the House GOP megabill. This move has been welcomed by companies like First Solar, […]
Economy
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U.S. Department of Education to Garnish Wages of Defaulted Student Loan Borrowers
The U.S. Department of Education has announced plans to seize a portion of the earnings of millions of borrowers who are in default on their federal student loans. […]
Technology
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White House Official Bo Hines Confirms Crypto Legislation Progress Despite Challenges
Bo Hines, a White House official, stated that U.S. President Donald Trump is still on track to sign stablecoin and market structure legislation before Congress adjourns in August. […]
Technology
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Netflix’s Ad-Supported Tier Experiences Rapid Growth and Expands Ad Formats
Netflix has experienced significant growth in its ad-supported tier, with the number of users more than doubling over the past year. During an advertiser presentation, the company announced […]
Technology
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Tesla Chair Sold $230 Million in Stock Amid Profit Decline
NEW YORK (AP) — Robyn Denholm, the chair of Tesla, sold over $230 million worth of company stock as profits at Elon Musk’s carmaker declined significantly. This selling […]
Technology
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CoreWeave CEO Discusses Financial Impact of High Capital Expenditure
The CEO of CoreWeave has stated that increased spending to meet demand will likely impact earnings. Following its IPO, the company reported over 400% revenue growth in its […]