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Business news

UnitedHealth says it faces DOJ investigation over Medicare billing practices

UnitedHealth Group revealed Thursday it is facing a Justice Department investigation over its Medicare billing practices. It comes after the Wall Street Journal...

Business news

Businesses are cautiously spending on corporate travel as trade uncertainty looms

Corporations are continuing to spend on business travel, but are being strategic about how they allocate those dollars amid ongoing trade uncertainties, according...

Business news

Lawsuit says Clorox hackers got passwords simply by asking

WASHINGTON — Bleach maker Clorox said Tuesday that it has sued information technology provider Cognizant over a devastating 2023 cyberattack, alleging that the...

Business news

Orange juice importer says Brazil tariffs will squeeze American consumers

Orange juice prices could rise by 20% to 25%, according to Johanna Foods, a small U.S. business suing the White House over tariffs...

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Musk’s brain implant company filed as a ‘disadvantaged business’

Elon Musk’s health tech company Neuralink labeled itself a “small disadvantaged business” in a federal filing with the U.S. Small Business Administration, shortly...

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A flagging U.S. industry looks for new life in a Philadelphia shipyard

The U.S. shipbuilding industry is looking for help. A South Korean company is answering the call. Hanwha Philly Shipyard CEO David Kim, nodding...

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Trump says it’s ‘highly unlikely’ he will fire Fed Chair after broaching idea with GOP reps

President Donald Trump said Wednesday it was ‘highly unlikely’ he would fire Jerome Powell as chair of the Federal Reserve. His statements, made...

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Coca-Cola dodges after Trump says soda will switch back to cane sugar

President Donald Trump said Wednesday that Coca-Cola in the United States will begin to be made with cane sugar, but the company did...

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Inflation picks up again in June as tariffs slowly work their way through U.S. economy

Consumer prices rose in June as President Donald Trump’s tariffs began to slowly work their way through the U.S. economy. The consumer price...

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Jerome Powell asks inspector general to review Fed’s $2.5B renovation project

The Federal Reserve has brought in its inspector general to review a building expansion that has drawn fire from the White House, according...