UnitedHealth Group Is Under Criminal Investigation for Medicare Fraud

The company’s stock has declined over its financial performance and the sudden replacement of its CEO.

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Dick’s Sporting Goods Nears Deal to Buy Foot Locker

The sides are discussing a deal for about $24 a share, or $2.3 billion.

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Cisco Systems Boosts Outlook After Posting Higher Profit, Sales

The networking-equipment company said that it now expects revenue of $56.5 billion to $56.7 billion for its current fiscal year.

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CoreWeave CEO Says Increased Spending Will Squeeze Earnings

The cloud provider posted a fivefold jump in revenue in its first earnings report as a public company, but warned that higher costs are expected to have a near-term effect on margins.

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Harley-Davidson Leaders Survive Proxy Fight

A preliminary vote shows shareholders backed Chairman Jochen Zeitz and two other board members despite an activist investor’s attempt to remove them.

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Warren Buffett Reveals He Stepped Down After Finally Feeling His Age

The legendary investor, 94, opens up about his decision to hand the top job to Greg Abel.

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Boeing, GE Aerospace Get Qatar Airways Order After Saudi AI Tech Deals

The order will support 154,000 U.S. jobs annually, the White House said.

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Adidas Shareholders to Oppose Chair’s Re-Election

Shareholders cite lack of a succession plan for supervisory-board chairman Thomas Rabe.

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Aramco Signs Deals With U.S. Companies With Potential Value of $90 Billion

Aramco signed 34 memoranda of understanding and agreements with major companies such as Exxon Mobil, Nvidia and Amazon.com.

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Assassin’s Creed Maker Ubisoft Sees Flat Sales in New Fiscal Year

The latest setback comes as the French videogame group seeks to shrug off months of production delays and calls to go private.

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Pirelli Warns Auto Tariffs Could Pressure Earnings, Cash Generation Targets

Pirelli said earnings and cash generation could come in at the lower end of guidance this year if President Trump’s tariffs on the automotive industry remain in force.

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Salvatore Ferragamo Sales Fall Slightly More Than Expected on Asia Weakness

Italian luxury house Salvatore Ferragamo reported a slightly larger sales decline than analysts anticipated, hit by weak demand in Asia as the company looks for a new chief executive.

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Novo Nordisk and Septerna Strike $2.2 Billion Deal to Develop Obesity Pills

The deal with U.S. biotech Septerna will see the companies develop pills to treat obesity, type 2 diabetes and other cardiometabolic diseases.

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Sony Group Projects Lower Annual Profit Due to U.S. Tariffs

The Japanese company reported higher quarterly earnings, supported by its music and movie businesses.

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Why UnitedHealth’s Blowup May Be More Isolated Than Investors Think

Surging medical costs and regulatory changes hit UnitedHealth, but rivals such as Humana and CVS look better positioned.

(END) Dow Jones Newswires

May 14, 2025 21:00 ET (01:00 GMT)

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