Tag: programming

UnitedHealth Group names Tim Noel as CEO of its health insurance unit, UnitedHealthcare, following the death of Brian Thompson.

Published on: January 24, 2025, 01:03 PM UTC

US stocks closed higher on Thursday with the S&P 500 (^GSPC) reaching a fresh record close as investors turned their attention to President Donald Trump's remarks at the World Economic Forum in Davos. The Dow Jones Industrial Average (^DJI) also gained while the Nasdaq Composite (^IXIC) recovered from earlier losses to close slightly higher. Investors were also digesting earnings reports and economic data, including a rise in US jobless claims.

Published on: January 24, 2025, 01:03 PM UTC

Today's takeaways from the Morning Brief: executive orders, trade and tariffs, the K-shaped economy, the vibecession, sustained U.S. growth, the global economy, the Art of the Deal, and a final look at the latest economic and indicators.

Published on: January 24, 2025, 01:02 PM UTC

Boeing (BA) reports $3.5 billion operating cash flow loss in Q4 due to IAM strike, workforce reductions, and defense business changes. The company expects revenue of $15.2 billion and a GAAP loss per share of $5.46, both below consensus estimates. Boeing also anticipates pre-tax charges of $1.7 billion in its defense and space business.

Published on: January 24, 2025, 01:01 PM UTC

India's banking system liquidity deficit hits a decade high as the central bank likely sold dollars to curb rupee volatility.

Published on: January 24, 2025, 12:05 PM UTC

IMF chief says inflation 'genie' mostly back in the bottle, but more work needed

Published on: January 24, 2025, 12:05 PM UTC

First Citizens BancShares Inc. (FCNCA) reported Q4 EPS of $49.21, $5.64 better than estimates, and revenue of $3.7 billion, $160 million above consensus.

Published on: January 24, 2025, 12:05 PM UTC

President Trump criticizes EU's antitrust battles against US tech giants, calling the fines a form of taxation on American corporations. The EU has aggressively tackled the power of American tech companies, including Apple, Google, Meta, Amazon, and Microsoft, over concerns about their dominant market positions and alleged anti-competitive practices. In response, the US has also taken action against its own tech giants, with the Department of Justice and the Federal Trade Commission filing antitrust lawsuits against Google, Apple, Amazon, and Meta.

Published on: January 24, 2025, 12:02 PM UTC

UnitedHealth Group announced Tim Noel as the new CEO of UnitedHealthcare, filling the role after Brian Thompson's passing. Despite recent earnings disappointments and claims processing challenges, UnitedHealthcare reported $400 billion in 2024 revenue and $14 billion in profits.

Published on: January 24, 2025, 11:02 AM UTC

Bank of America strategists say that as global central banks cut interest rates faster than the Federal Reserve, stock gains could become more broad-based.

Published on: January 24, 2025, 11:00 AM UTC