UnitedHealth Group, one of America’s biggest corporations and a member of the exclusive Dow Jones Industrial Average, is suddenly unraveling.
The crisis engulfing UnitedHealth hit a crescendo this week when CEO Andrew Witty stepped down abruptly for “personal reasons.”
UnitedHealth also swiftly abandoned its financial guidance, blaming skyrocketing medical costs.
And then The Wall Street Journal dropped the hammer, revealing that UnitedHealth is under federal criminal investigation for possible Medicare fraud.
The developments have stunned investors, triggering a dramatic loss of confidence. UnitedHealth’s (UNH) stock has lost half its value – a staggering $288 billion – in the span of a month. Its share price plunged on Thursday to its lowest level since April 2020, during the height of the pandemic. Continue reading
Qatar has dumped billions into U.S. universities over the last four decades, The Free Press reported.
I still can’t get over the fact that there’s an American pope… and that his friends refer to him as ‘Bob’.
Having brought Congress completely to heel in the political sphere, Donald Trump is now seeking to write it out of the Constitution. Both of his biggest moves of the past week entail the evisceration of a constitutional role the Framers very plainly and expressly wanted Congress to play.
I don’t see how America lasts another decade, such as we find Her now, not without going through the fire of civil war and coming out the other side with Her people’s freedom and individual liberty intact and made stronger than ever before, including the days immediately after Her War for Independence.
The 47th president seems to wish he were king – and he is willing to destroy what is precious about this country to get what he wants.
In the year 428 BC, ancient Athenians imposed a special tax called the eisphora that targeted local business investments in the city-state.
If Donald Trump is remembered for anything, it may be his unintentional role in reviving public interest in the U.S. Constitution.
“They say ‘separation between church and state,’ they told me. I said, alright, let’s forget about that for one time.”
President Trump touted a new executive order that would more closely align drug prices in the US with those sold in Europe and the UK, opening the door for drugs used by millions of Americans to become cheaper.
U.S. officials are recommending that adults aged 60 and up not receive the only available chikungunya vaccine after reports that older individuals who received the shot suffered severe symptoms typically associated with the chikungunya virus.