Business

Healthcare stocks rally, US govt. to pay more to Medicare plans

[ad_1] 00:00 Speaker A We are watching some shares of insurers in after-hours trading. United Health, Humana, CVS Health, they're all soaring. The US government will be paying private Medicare Advantage plans more money next year than it had originally proposed. Those payments will rise by an average of roughly 5%. The Biden administration had proposed an increase of just over 2%, and that increase could generate more than $25
Business

Tesla Sitting On Thousands Of Unsold Cybertrucks As It Stops Accepting Its Own Cars As Trade-Ins

[ad_1] Despite producing the Tesla Model Y, the most popular new car on the planet last year, Tesla has had a rough time so far in 2025. The American EV maker faces "Tesla Takedown" protests and other boycotts from citizens across the globe thanks to the inflammatory words and actions of the brand's CEO, Elon Musk.Despite the company's previous declaration that there were over a million Cybertruck pre-orders, Tesla can't find
Business

The White House has reportedly settled on an explanation for how ‘Signalgate’ happened

[ad_1] After an internal investigation, The White House has come up with a likely explanation for how Jeffrey Goldberg, the editor-in-chief of The Atlantic, was included in a Signal chat filled with Trump officials planning to bomb the Houthis. The Guardian reports that the issue came down to National Security Advisor Mike Waltz not understanding how his iPhone works.Apparently, after Goldberg attempted to contact the Trump campaign about a separate
Business

Reporter killed as Israel strikes tents outside hospitals in Gaza

[ad_1] Israel has struck tents outside two major hospitals in the Gaza Strip overnight, killing at least two people, including a local reporter, and injuring another nine, medics said.Six reporters were said to be among the injured.Thirty-two other people were killed in multiple strikes around Gaza, including 19 women and children and an emergency room doctor, according to hospital officials.An Israeli strike hit Deir al-Balah in the Gaza Strip (AP)Monday’s
Business

Alibaba, PDD, JD.com fall on Trump’s additional tariff threats

[ad_1] 00:00 Speaker A Wanted to check on another group here, and that's US listed shares of Chinese companies. They're under pressure as President Trump is now threatening more tariffs on China. He said this morning on social media that the United States will impose additional tariffs on China of 50%. Now, if you recall, the tariffs on China are already that are set to go into place are already
Business

A Michigan woman missing for 3 days after a casino trip is found alive in the woods

[ad_1] GRANT TOWNSHIP, Mich. (AP) — A 74-year-old woman who got lost after a visit to a northern Michigan casino was found alive three days later on the ground next to a downed tree, authorities said.A drone played a major role in locating Nancy Bloomquist in a remote area Sunday night, the Mason County sheriff's office said.Bloomquist was on her way home to Norton Shores after visiting Little River Casino,
Business

Tigers executive Sam Menzin resigns after probe revealed that he allegedly sent unsolicited lewd photos to women on staff: Report

[ad_1] Content warning: This story contains depictions of alleged sexual harassment.Detroit Tigers assistant general manager Sam Menzin resigned last Thursday after an internal investigation revealed that he allegedly sent unsolicited photos of his genitalia to multiple women on staff, The Athletic reports.AdvertisementMenzin resigned before the Tigers acted on their plan to fire him for improper workplace conduct, according to the report. Two women who work for the Tigers told The
Business

Karen Read asks Supreme Court to prevent retrial for murder

[ad_1] Karen Read has filed an emergency petition with the Supreme Court seeking an immediate stay of her retrial -- which has begun jury selection -- pending review by the high court on her claims of constitutional violation."Read’s Petition contends that her scheduled retrial on two of the three counts pending against her, including a charge of second-degree murder, will violate the Double Jeopardy Clause because the jury in her
Business

Dow sinks 350 points, S&P 500 falls for third day as tariffs send stocks on roller coaster

[ad_1] The stock market has been reeling since Trump's "Liberation Day" tariff announcement back on April 2. But even before this shock announcement tipped the Nasdaq into a bear market and sent the S&P 500 down 10% in two trading days, stocks had struggled this year as the reality of Trump's desire to impose tariffs on a wide range of partners and a wide range of goods was increasingly resolute.