The S&P 500 and the Nasdaq hit intraday record highs after cooler-than-expected inflation data kept the U.S. central bank on track to cut borrowing costs this year.
Read More S&P 500, Nasdaq hit record highs after inflation data boosts rate-cut bets; Oracle jumps
Aflac disclosed a cybersecurity incident in which personal information of its customers may have been compromised.
Read More Insurer Aflac investigating possible data breach after attack on US network
UnitedHealth shares fell more than 6% on Wednesday after a report that the company made secret payments to nursing homes to reduce hospital transfers.
Read More UnitedHealth falls after report it secretly paid nursing homes to reduce hospital transfers
UnitedHealth Group Inc. CEO Andrew Witty is stepping down from his role, effective immediately, citing “personal reasons” — according to a company announcement that was made on Tuesday.
Read More UnitedHealth Group CEO Resigns Abruptly, Fmr Chief Returns Amid ‘Leadership Shakeup’
U.S. corporations’ security spending is set to rise further in 2025 as more companies see heightened threats to their top brass.
Read More Corporate America boosts security spending after UnitedHealth murder, filings show
The Justice Department has launched a probe into UnitedHealth’s Medicare billing practices in recent months, sending the healthcare conglomerate’s shares nearly 12% lower.
Read More US probes UnitedHealth’s Medicare billing practices, WSJ reports