• UnitedHealth says ‘substantial proportion’ of Americans’ information hit by cyberattack

    Due to the scope of the attack, UHG said it will likely take “several months” to identify and notify customers who were impacted.

  • Lilly rides Mounjaro, Zepbound to better-than-expected 1Q profit despite supply issues

    Rapidly climbing sales of the new obesity drug Zepbound and its counterpart for diabetes, Mounjaro, pushed Eli Lilly to a better-than-expected first-quarter profit. The drugmaker also hiked its forecast for 2024 well beyond analyst expectations after sales of Mounjaro more than tripled in the year’s first quarter. Lilly said it was still dealing with supply issues, with strong demand for both drugs outpacing its production hikes. But the company expects its most significant increases to occur in...

  • UnitedHealth says ‘substantial proportion’ of Americans’ information hit by cyberattack, confirms ransom payment

    The cyberattack on Change Healthcare in February targeted the data of “a substantial proportion of people in America,” UnitedHealth Group (UHG) said this week, with the company confirmi

  • DoorDash Q1: DoorDash posts better-than-expected Q1 sales but shares fall on cost concerns

    DoorDash reported higher-than-expected revenue in the first quarter, as strong growth in U.S. grocery orders helped make up for slowing restaurant demand. But the company's shares fell 12% in after-hours trading Wednesday as investors appeared concerned about rising costs. DoorDash said its net loss narrowed to $23 million in the first quarter, compared to a loss of $161 million in the same period a year ago. The loss, of 6 cents per share, was higher than the 3-cent loss Wall Street had...

  • White House on PCE Inflation Increase: 'Nice to Hit the Expectations' -- Expect 'Bumpy Path Down' to Target Rate

    On Friday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers Chair Jared Bernstein reacted to the March PCE report that showed the yearly PCE inflation rate increasing with the annual core rate holding steady along with

  • I visited NYU Tulsa, and it was better than I expected

    When I first heard that NYU was launching a new study away site in Tulsa, Oklahoma, I asked myself: “Why in the world would someone ever want to study in what seems to be the middle of nowhere?” But, as someone who was just a part of the first cohort of NYU students to go This story I visited NYU Tulsa, and it was better than I expected appeared first on Washington Square News.

  • A few hit or miss showers and storms expected this afternoon

    MACON, Georgia (41NBC/WMGT)- Good morning and happy Tuesday! This morning, we’re starting off with mild temperatures in the 50s and 60s as clouds move into Middle Georgia. Today, we can expect a few hit-or-miss showers and thunderstorms, with temperatures reaching the 80s. Don’t forget to bring your rain jacket as you head out this morning! The rain is expected between

  • NXP Semiconductors Rises On Better-Than-Expected Outlook

    NXP Semiconductors beat analyst estimates for earnings and matched views on

  • How I turned my holiday drama into a potential chart hit

    A Sunderland composer has come up with his contender for a holiday hit - 50 years after he had his own Spanish adventure. Derek Buckham has looked back on the year that he and four other young Wearsiders rented a Spanish villa. His reflections come at the same time as he released his latest song on social media, called Have A Holiday. Five decades ago, five Sunderland lads didn’t have enough money to fly to Spain despite having booked a villa there. So they took a car on the 1,150 mile journey...

  • The insect farmers turning to AI to help lower costs

    Makers of insect-based animal feed hope to be able to compete with soybeans on price.

    • Quartz

    McDonald's is still getting hit by Middle East boycotts

    A Big Mac and fries doesn’t appear to be capturing the attention of consumers for now. McDonald’s stock fell about 3.3% in pre-market trading Tuesday after the fast food giant reported its first quarter earnings. McDonald’s posted lower-than-expected sales for the period. That slowdown was in part due to consumers in the U.S. tightening their wallets —and others staging boycotts related to the Israel-Hamas war. Buyers holding tight “As consumers are more discriminating with every dollar that...

  • UnitedHealth paid ransom after massive Change Healthcare cyberattack

    The Russia-based cybercriminals who attacked a UnitedHealth Group-owned company in February did not walk away from the endeavor empty-handed. "A ransom was paid as part of the company's commitment to do all it could to protect patient data from disclosure," a UnitedHealth Group spokesperson confirmed with CBS News late Monday. The spokesperson did not disclose how much the health giant paid after the cyberattack, which shut down operations at hospitals and pharmacies for more than a week....