Humana to Back Curbs to Medicare Advantage Billing Practices

The changes would limit how insurers add patient diagnoses that trigger lucrative extra payments.

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A New Shot Prevents HIV-and Breathes New Life Into a Stagnant Biotech

After years of stagnation, Gilead is betting that a twice-yearly HIV shot can restart its growth engine.

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Champagne Toasts, Big Ambitions: Wells Fargo CEO Embraces Newfound Freedom

Charlie Scharf fielded congratulatory messages from bank executives including Jamie Dimon after being freed from a yearslong cap on growth.

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Procter & Gamble to Cut 7,000 Jobs

The American consumer giant also said it would trim its portfolio of brands.

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Wise Shares Rise on Move to Switch Main Listing to U.S.

The money-transfer company plans to take its main listing to the U.S., the biggest market for its products, dealing another blow to the London bourse, which has been suffering over the past couple of years.

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Kleenex-Owner Nears Roughly $3.5 Billion Sale of International Tissue Business

The maker of Kleenex tissues and Huggies Diapers is expected to sell the unit to Brazil's Suzano

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Boeing Agrees to Pay $1.1 Billion to Avoid Prosecution for 737 MAX Crashes

The new deal means Boeing avoids a trial that was scheduled to start June 23 in connection with the two crashes, which left 346 people dead.

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Citi Cuts Tech Staff in China, Presses on With Brokerage Plan

Citigroup will reduce its technology workforce in China by about 3,500 as part of ongoing restructuring to streamline global operations.

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Bad Bunny was a hit for Calvin Klein - but not enough to shield profit outlook from tariffs

Shares of PVH Corp. fell after hours on Wednesday after the Calvin Klein and Tommy Hilfiger parent cut its full-year profit outlook, citing the impact of tariffs on shipments heading into the U.S.

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Costco Sales Growth Slows for Fifth Straight Month

The company's sales rose 6.8% in May from a year ago, down from a 7% increase in April.

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Meet the United Airlines Executive Who Gets to Pick Its Hot New Routes

Planning executive Patrick Quayle shares how he plots routes to Ulaanbaatar, Nuuk and more, using a mix of data and social-media buzz.

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Five Below Profit, Sales Rise Amid New Store Expansion

Same-store sales are anticipated to increase 7% to 9%, the company said, ahead of the 5.4% growth Wall Street is expecting.

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Meta Talks to Disney, A24 About Content for New VR Headset

Tech company is looking to Hollywood for exclusive immersive video for premium device.

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Ontario Pension May Call Final Bids For India Hospital Asset This Month

Ontario Teachers' Pension Plan seeks to solicit final bids this month for the Toronto-based investor's Indian hospital asset, people familiar with the process said.

(END) Dow Jones Newswires

June 05, 2025 07:00 ET (11:00 GMT)

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