Bloomberg | Bloomberg | Getty Images Shares of UnitedHealth Group plunged more than 18% on Thursday following a report that the Department of Justice is conducting a criminal investigation into the health-care giant over possible Medicare fraud. The DOJ is focusing on the company’s Medicare Advantage business practices, but the exact nature of the potential…
FILE PHOTO: A view of the U.S. Supreme Court in Washington, U.S., July 19, 2024. Kevin Mohatt | Reuters President Donald Trump on Thursday again argued for an end to birthright citizenship in the United States, hours before the Supreme Court is set to hear arguments on whether lower-court judges can impose national injunctions blocking…
Artwork for Ubisoft’s upcoming “Assassin’s Creed Shadows” game. John Keeble | Getty Images Shares of Ubisoft sank 18% on Thursday after the French video game firm reported full-year earnings that disappointed investors. Ubisoft reported a 20.5% drop in net bookings for the fiscal year ending March 31, 2025, as a strong performance of the company’s…
The Persian Gulf Star gas condensate refinery in Bandar Abbas, Iran, on Jan. 9, 2019. Ali Mohammadi | Bloomberg | Getty Images Oil prices fell sharply on Thursday on expectations that the U.S. and Iran may soon reach a deal over Tehran’s nuclear program. International benchmark Brent crude futures with July expiry were last seen…
SEOUL, SOUTH KOREA – 2025/04/16: An APEC 2025 large-scale promotional video and a statue of King Sejong the Great are seen at Gwanghwamun Square in central Seoul. Sopa Images | Lightrocket | Getty Images An intergovernmental grouping of 21 economies including the United States and China warned Thursday that their collective growth risks a sharp…
The logo for consumer lending firm Capital One Financial Corp. is seen on its headquarters in McLean, Virginia, on Jan. 20. 2023. Win Mcnamee | Getty Images News | Getty Images New York Attorney General Letitia James sued Capital One on Wednesday, accusing the bank of “cheating” customers out of millions of dollars in interest…
A hot streak for gold helped fuel a strong start to the year for Greenlight Capital, and hedge fund manager David Einhorn said Wednesday he still sees more upside for the yellow metal. The price of spot gold has surged more than 20% this year, with most of those gains coming in the first quarter….
People walk by a YouTube logo as Google celebrates the 20th anniversary of the first video uploaded to YouTube, at the company’s corporate headquarters in San Bruno, California, on April 23, 2025. Josh Edelson | AFP | Getty Images YouTube on Wednesday announced a new tool that will allow advertisers to use Google’s Gemini AI…
An Amazon device is displayed at an Amazon Devices launch event in New York City, U.S., Feb. 26, 2025. Brendan McDermid | Reuters Amazon is laying off roughly 100 employees in its devices and services division, the company confirmed on Wednesday. The devices and services unit includes a wide range of businesses, such as the…
Warren Buffett does a walkthrough of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 3, 2025. David A. Grogen | CNBC Age isn’t just a number for Warren Buffett after all. The 94-year-old investment legend recently surprised shareholders by announcing his intention to step down as Berkshire Hathaway CEO after an epic…
