It took six months, countless hours on hold and intervention from state regulators before Sue Cover says she finally resolved an over $1,000 billing dispute with UnitedHealthcare in 2023. Cover, 46, said she was overbilled for emergency room visits for her and her son, along with a standard ultrasound. While…
As Burger King enters the next phase of its turnaround efforts, the fast-food chain is trying to lure families back to its restaurants with colored Whopper buns and kid-friendly movie partnerships. Starting Tuesday, the Restaurant Brands International chain will sell new menu items inspired by the “live action” remake of “How to Train…
Department of Justice officials on Tuesday charged members or associates of an Armenian organized crime ring with stealing more than $83 million worth of cargo from Amazon by posing as legitimate truck drivers and siphoning off goods destined for the company’s warehouses. Since at least 2021, at least four people linked to the crime…
WeRide Inc (NASDAQ: WRD) is seeing massive interest from global investors today after announcing what can only be described as a sizable share repurchase programme given its overall scale.In its press release this morning, the robotaxi specialist confirmed that its board has authorised buybacks worth up to $100 million for…
Exchange Binance revealed the integration of Brazil’s PIX system with its cryptocurrency platform, allowing users to make payments in the local currency (BRL) using digital assets, such as Bitcoin, in real time. According to local media outlet E Investidor, this means that people and businesses all over Brazil can be paid…
Nvidia Corp (NASDAQ: NVDA) is in focus on Wednesday after Jensen Huang, its chief executive, said the AI darling has lost nearly half of its market share in China due to the Trump administration’s new export controls.In a press conference at Computex, he went on to call those restrictions a…
Legendary investor Warren Buffett has recently sold his entire stake in Citigroup to load up on the likes of Constellation Brands, indicating he now sees consumer goods as a better pick than bank stocks.Still, Truist analysts led by David Smith continue to see value in financial services, particularly the regional…
OpenAI will acquire io, the secretive artificial intelligence hardware startup co-founded by former Apple design chief Jony Ive, in a landmark all-stock transaction valued at nearly $6.5 billion. The move is OpenAI’s most significant acquisition to date and signals a determined push into developing physical consumer devices powered by AI.The…
JPMorgan Chase & Co. CEO Jamie Dimon has voiced significant concerns about the US economy, stating he cannot dismiss the possibility of stagflation as the nation grapples with formidable risks stemming from geopolitical instability, persistent budget deficits, and mounting price pressures. He also endorsed the Federal Reserve’s current patient approach…
European stock markets commenced Thursday’s trading session on a decidedly negative note, with major indices across the continent slipping into the red shortly after the opening bell. This broad-based downturn was accompanied by company-specific news, including a wider first-half loss for budget airline EasyJet and a notable stock downgrade for…