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UnitedHealth Appoints Tim Noel as New UnitedHealthcare CEO

UnitedHealthcare appoints Tim Noel as new CEO after Brian Thompson's tragic death, bringing decades of experience and a commitment to improving healthcare.

UK Stagflation Fears Intensify as Jobs Cut and Prices Rise

UK economy faces stagflation fears as job cuts, inflation rise

Tariff War with Canada Would Hurt US Automakers, Cost Consumers $3,000

High tariffs proposed by President Trump on imports from Canada, including cars, could hurt the US auto industry, and cost regular Americans shopping for new cars thousands of dollars.

EU Antitrust Battles With US Tech Giants Slammed by Trump

President Trump criticizes EU antitrust battles with US tech giants, calling fines a form of taxation on American corporations. The EU has aggressively targeted American tech companies in recent years, imposing billions in fines for alleged anti-competitive behavior. Trump argues that these fines unfairly target American companies and hinder their growth. He also notes that the US is also investigating antitrust violations by tech companies, signaling a potential shift in the regulatory landscape for the industry.

Global Standards in AI Regulation Essential to Reduce Development Risks

Global regulation standards for AI reduce risks, says NTT DATA CEO, addressing IP protection, energy efficiency, piracy, and deepfake prevention.

US Treasury Expands Accounting Measures to Avoid Debt Limit Breach

The U.S. Treasury is expanding its use of special accounting measures to avoid breaching the federal debt limit, which kicked back in earlier this month.

US stocks closed higher on Thursday

US stocks closed in the green on Thursday, with the S&P 500 (^GSPC) notching a fresh record close as investors digested remarks from President Donald Trump at the World Economic Forum in Davos.

Higher Treasury Yields Are Straining Regional Banks Again

US Treasury yields have been trending up since late last year, straining regional banks' balance sheets due to increased commercial real estate distress risk. This has led to a decline in smaller bank shares and heightened default risk for borrowers who purchased office buildings before the pandemic. Despite a recent rally, the benchmark 10-year yield remains elevated, adding to the pain for lenders and potentially increasing losses on commercial real estate.

Columbia Banking System Q4 profit tops expectations

Columbia Banking System Inc. reports fourth-quarter profit of $143.3 million, exceeding Wall Street expectations. Earnings per share were 68 cents, 71 cents adjusted for non-recurring costs. Revenue was $726.3 million, while net interest income was $487.1 million, falling short of forecasts.

Covenant Logistics Group Q4 Earnings Top Estimates

Covenant Logistics Group Reports Q4 Earnings of $6.7 Million