UnitedHealth Group shares plunged 16% to hit a five-year low after the Wall Street Journal reported that the DOJ was investigating the company for potential Medicare fraud.
Read More UnitedHealth tumbles as criminal probe report adds to investor fearsCategory: Business
Goldman Sachs fined for failing to properly report billions of trades
Goldman Sachs will pay a $1.45 million civil fine to settle a U.S. regulator’s claims that the Wall Street bank failed to accurately report data for billions of stock market trades.
Read More Goldman Sachs fined for failing to properly report billions of tradesUnitedHealth CEO leaves abruptly, company pulls forecast as shares sink
UnitedHealth Group Chief Executive Andrew Witty stepped down suddenly as it suspended its 2025 forecast due to surging medical costs.
Read More UnitedHealth CEO leaves abruptly, company pulls forecast as shares sinkBudweiser-maker AB InBev to invest $300 million in US facilities
The Budweiser maker also announced the launch of a new plant in Columbus, Ohio.
Read More Budweiser-maker AB InBev to invest $300 million in US facilitiesUS Postal Service reports $3.3 billion quarterly net loss
The USPS reported a net loss of $3.3 billion for the three months ending March 31 it continues to hike stamp prices and look at ways to cut costs.
Read More US Postal Service reports $3.3 billion quarterly net lossFAA taking immediate steps to address flight woes at Newark
The FAA said it is taking immediate steps to address ongoing woes that have disrupted hundreds of flights at Newark Liberty International Airport.
Read More FAA taking immediate steps to address flight woes at Newark
