Month: December 2023
Flying solo without Cigna will keep Humana focused on 2 big priorities in the year ahead
It looks like Cigna has scrapped its takeover bid for Club holding Humana , removing a dark cloud over both stocks that’s lingered since the acquisition talks surfaced nearly two weeks ago. Cigna and Humana were unable to agree on an acquisition price and other financial terms, The Wall Street Journal reported Sunday. Cigna will […]
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Navalny aides say he has disappeared within just Russia's prison program
Russian opposition politician Alexei Navalny seems on a screen by using video backlink from the IK-6 penal colony in the Vladimir area, in the course of a court listening to to contemplate an enchantment towards his sentence in the felony circumstance on numerous rates, which includes the creation of an extremist corporation, in Moscow, Russia […]
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Altice USA in talks to sell Cheddar News to private equity firm Regent
Igor Golovniov | Lightrocket | Getty Images Altice USA is in talks to sell the financial news streaming service Cheddar News to L.A.-based private equity firm Regent LP, according to people familiar with the matter. No deal is assured and discussions around structure are still fluid, said the people, who asked not to be named […]
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Apple reportedly strategies huge overhaul to iPad relatives to make it significantly less bewildering
iPad Mini Supply: Apple Inc. Apple will overhaul its iPad loved ones up coming 12 months to make it a lot less baffling for customers and to recharge slumping sales, in accordance to Bloomberg. New variations of the iPad Professional and iPad Air are reportedly coming as quickly as March. Apple did not release new […]
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Regulators caught Wells Fargo, other banks in probe over mortgage pricing discrimination
People pass by a Wells Fargo bank on May 17, 2023 in New York City. Spencer Platt | Getty Images Wells Fargo was snared in an industrywide probe into mortgage bankers’ use of loan discounts last year, CNBC has learned. The discounts, known as pricing exceptions, are used by mortgage personnel to help secure deals […]
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Cigna shares jump on reports of abandoned Humana buyout, plans for $10 billion stock buyback
Sopa Images | Lightrocket | Getty Images Shares of Cigna jumped Monday following reports that the health-care giant has scrapped its plans to buy rival Humana due to disagreements on price, putting an early end to what would have been one of the largest deals of the decade. Cigna late Sunday also announced plans to […]
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A crunch week for central banking institutions will place rate-slash anticipations to the take a look at
Fed Chairman Jerome Powell prepares to deliver remarks to the The Federal Reserve’s Division of Exploration and Stats Centennial Convention on November 08, 2023 in Washington, DC. Chip Somodevilla | Getty Images A flurry of major central financial institutions are set to make their last rate conclusions of the yr in a crunch week that […]
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Bitcoin displays its wild facet as soon as once more, dropping $3,000 in minutes about weekend
A worsening macroeconomic weather and the collapse of industry giants this kind of as FTX and Terra have weighed on bitcoin’s selling price this calendar year. STR | Nurphoto via Getty Pictures Bitcoin fell Monday as buyers took earnings after its December rally. The rate of the cryptocurrency was recently decreased by about 3.6% at […]
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Fraud in a bottle: How Big Pharma takes on criminals who make millions off counterfeit drugs
In Las Vegas, Lazaro Hernandez was a flamboyant, jet-setting poker player shown in televised tournaments with stacks of colorful chips. But the casually dressed gambler spotted on security cameras with wads of cash at the casino cage was hiding a secret life. And federal investigators say he was gambling with people’s lives. Hernandez, they say, […]
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Occidental Petroleum to acquire Permian producer CrownRock for $12 billion, elevate dividend
Occidental Petroleum Jay L. Clendenin | Los Angeles Instances | Getty Images Occidental Petroleum has agreed to obtain CrownRock, a important privately held energy producer that operates in the Permian Basin, for $12 billion. The deal is most current in a spate of consolidation in the U.S .strength sector, particularly in the Permian, the greatest […]
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