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DeSanto accessorized the dress with colorful Swarovski crystal jewelry by Tarina Tarantino, including a blue butterfly statement necklace. Columbia Pictures/Everett CollectionDecades later, the dress has become a beloved artifact for nostalgic rom-com fans and modern fashion enthusiasts alike. “(Garner) put it on, we got her all dolled up, she went to dance, and we moved on,” she said. DeSanto also credits director Gary Winick, who died in 2011, for the film’s fashion sense. As DeSanto points out, “13 Going on 30” is a story about a young woman coming into herself — and how, more than anything, it’s important just to be yourself.
Persons: , Jenna Rink, Gilson nightgown, baguette, Susie DeSanto, Jennifer Garner, Miu Miu, Prada, Ralph Lauren, Roberto Cavalli, Versace, ” DeSanto, “ I’d, Giovanni Giannoni, Jenna, partygoers, Michael Jackson’s, — Versace, DeSanto, Tarina Tarantino, Tarantino, Marc Jacobs’s, — she’s, , “ It’s, Betsey Johnson tutus, Christa B, Allen, Ariana Grande, wasn’t, weren’t, , Garner, Stella McCartney, Alberta Ferretti, Mark Ruffalo, Jen, we’re, I’ve, Gary Winick, Gary, ” Winick, Mark Ruffalo’s Organizations: CNN, Fairchild, Penske Media, Columbia Pictures, Everett Locations: Manhattan, lockstep, Barney’s, Italy, Etsy, Alberta, , New York
The Federal Trade Commission on Monday sued to block Tapestry’s $8.5 billion acquisition of Capri, a blockbuster fashion tie-up that would bring together Coach, Kate Spade, Michael Kors and Versace. The lawsuit is a rare move by the agency to block a fashion deal, given that the industry does not suffer from a lack of competition. In her time as the chair of the F.T.C., Lina Khan has prioritized taking on the power of big business in suits across industries. The agency has moved to block the supermarket merger between Kroger and Albertsons; Meta’s acquisition of the virtual reality start-up Within; and Microsoft’s bid for the gaming giant Activision. failed to block Microsoft’s deal and Meta’s acquisition, both of which closed last year.
Persons: Kate Spade, Michael Kors, Versace, Lina Khan, ” Henry Liu, Organizations: Federal Trade Commission, Kroger, Albertsons, Activision, , Competition Locations: Capri,
But, as they have done throughout this turbulent season, things started to go very wrong for the 12-time FA Cup winner. United subsequently secured victory via a penalty shootout, but the celebrations were muted after Rasmus Højlund scored the decisive spot-kick. But defender Harry Maguire instead turned to the Coventry players and immediately congratulated them on their performance, while many other of United’s stars stayed standing around the center circle. They were 20 seconds from going out.”Manchester United manager Erik ten Hag is facing questions over his future at the club. I’m sure we have a good chance to win this final, although we play the best team in the world.
Persons: Luke Edwards, Manchester United's Harry Maguire, Alastair Grant, United, Rasmus Højlund, Harry Maguire, , ” Edwards, Erik, Hag, Nick Potts, Erik ten, Roy Keane, , Keane, I’m, Jim Ratcliffe, Ochirvaani, Sir Alex Ferguson, ” Batbold, Andy Mitten Organizations: CNN, Manchester United, Coventry City, FA, Premier League, Coventry, Wembley, Reds, Manchester, Chelsea, Liverpool, United, BBC’s Football, Manchester City, ITV, , Dreams Locations: Coventry, Mongolia
On the line this morning in January was Rob D., a 61-year-old recovering gambling addict who got his start flipping cards in school before he went broke betting on basketball as an adult. Within minutes, Rob was weeping. Tears are not unusual in this quiet enclave within the nation’s most famous sports-talk network. Like most of the rest of the sports industry, WFAN has been subsumed by advertisements and promotional tie-ins related to gambling. But from 9:30 to 10 every Saturday morning, a new guest enters Mr. Carton’s somber confessional to share his or her tale of addiction.
Persons: Craig Carton, Carton, Rob D, Rob Organizations: WFAN Locations: Lower Manhattan, ignominy
CNN —Liverpool manager Jürgen Klopp said he was “disappointed” to see his side knocked out of the Europa League quarterfinals against Atlanta on Thursday, but insisted talisman Mohamed Salah was not to blame. Elsewhere on Thursday, fellow Premier League side West Ham crashed out of the Europa League quarterfinals after losing 3-1 on aggregate to Bayer Leverkusen. English Premier League title raceWith such disappointment in Europe for English clubs, all attention now turns back to the Premier League title race. Klopp, hoping to leave Liverpool with the perfect present of a league title, said his side can now fully focus on the remainder of the campaign. It faces Fulham in its next league game on Sunday.
Persons: Jürgen Klopp, , Mohamed Salah, Liverpool couldn’t, Salah, Juan Musso, ” Klopp, “ It’s, Mo, didn’t, that’s, Guglielmo Mangiapane, Klopp, , Atalanta Organizations: CNN, Liverpool, Europa League, Atlanta, English Premier League, Atalanta, Africa, of Nations, Reuters, Anfield, Premier League, West, Bayer Leverkusen, Arsenal, Manchester City, Champions League, Sunday, Fulham Locations: Italy, Dublin, Ireland, Liverpool, West Ham, Europe, London
However, if you were a fan of German soccer club Bayer Leverkusen, little changed for you over those 31 years – there was just a lot of disappointment. Since winning the German Cup in 1993, Leverkusen relentlessly explored increasingly agonizing ways of spurning chances to win trophies. The current season has already reaped rewards in the form of the Bundesliga title, with potential domestic and European competition success transforming this into a season for the ages. Everybody was on the pitch this evening, everybody was crying.”After years being the butt of the joke, Leverkusen fans could finally spin the narrative. Leverkusen fans celebrated en masse on the pitch after winning the German league title.
Persons: , David Letterman ’, Xabi, Alonso, Mike Hewitt, , Schwarzroten, ‘ You’ll, Olaf Schmidt –, , midfifelder, Jeremie Frimpong, Xabi Alonso, Lars Baron, Florian Wirtz’s wizardry, Deutscher Meister ’, ” Schmidt, , Schmidt, Andreas Rentz, ” Uwe Schewiola Organizations: CNN, Chicago Bulls, NBA, The Bulls, Bayer Leverkusen, Basque, Bundesliga, Europa League, West Ham United, Getty, Real Madrid, , Olaf Schmidt – Leverkusen, CNN Sport, Bayern, Spain, Leverkusen, Bayern Munich, Bayer, Werder Bremen, Black, Reds, FC Kaiserslautern Locations: German, Europe, Real, London, Liverpool, Bayern Munich, Real Madrid, Germany, England, Spain, Italy, Tolosa, West Ham
Cheers thundered across a packed arena in Ottawa as fans stood and shouted support for the home team and vitriol at the visitors. Young girls in peewee jerseys, bearded bros in Ottawa red and women holding signs with slogans like “Girls Supporting Girls” all lent voice to the mounting excitement. For this was February in Canada, where hockey has been depicted on 5-dollar bills and all levels of the sport are revered with an almost maniacal fervor. When Ottawa scored to break a tie with only a few minutes to play, 8,000 fans erupted, signaling their emotional investment in the brand-new Professional Women’s Hockey League. Women’s pro hockey has a fractured history, with various leagues on four continents dividing up the talent and fans.
Persons: Young Organizations: bros, Ottawa, Women’s Hockey League Locations: Ottawa, , York, Canada
“I saw holes on the back of his shoulder, his ribs right down till his lower back,” Imran told CNN. “He was going to work as a taxi driver or delivery boy in Russia – that process was on,” Imran said. Meanwhile, India, which has no law preventing its citizens from serving in a foreign state’s military, has acknowledged that a number of its nationals have been fighting for Russia in Ukraine. In early March, India’s Central Bureau of Investigation (CBI) said it had busted major human trafficking networks that were duping men into Russian military jobs, with 35 such cases identified. Asfran Mohammed, right, and his brother Imran are pictured with Asran's children before Asfran left for Russia.
Persons: New Delhi CNN —, Asfan Mohammed, he’d, Imran Mohammad, Vladimir Putin’s, , ” Imran, Imran, , Asfan, Putin, Allen, He’d, Asfran, Mohammed Imran, Inna Varenytsia, Bimala Rai Paudyal, I’d, who’d, Asfran Mohammed, Mohammed Imran “, I’ve Organizations: New, New Delhi CNN, CNN, Russian, , United Arab Emirates, Reuters Foreign, Kremlin, Indian Ministry, External Affairs, India’s, Bureau of Investigation, Indian Nationals, CBI, Asfan, Indian, Indian Embassy Locations: New Delhi, India, Russia, Russian, Ukraine, Hyderabad, , Australia, Moscow, Ukrainian, Kreminna, South Asia, Nepal
A deep basin called Sputnik Planitia, which makes up the “left lobe” of the heart, is home to much of Pluto’s nitrogen ice. The New Horizons spacecraft took an image of Pluto's heart on July 14, 2015. Johns Hopkins University Applied Physics Laboratory/Southwest Research Institute/NASAThrough new research on Sputnik Planitia, an international team of scientists has determined that a cataclysmic event created the heart. The teardrop shape of Sputnik Planitia is a result of the frigidity of Pluto’s core, as well as the relatively low velocity of the impact itself, the team found. The researchers believe that the new theory regarding Pluto’s heart could shed more light on how the mysterious dwarf planet formed.
Persons: Clybe Tombaugh, Pluto, it’s, , Harry Ballantyne, Erik Asphaug, ” Asphaug, “ That’s, Sputnik Planitia, Martin Jutzi, Kelsi Singer, ” Singer Organizations: CNN, Regio, Johns Hopkins University Applied Physics Laboratory, Research Institute, NASA, Sputnik, Pluto, University of Bern, University of Arizona’s, Laboratory, University of Bern’s Physics, Kelsi, Southwest Research, New Locations: United States, Switzerland, Boulder , Colorado
CNN —Real Madrid will face Bayern Munich in the Champions League semifinals after defeating Manchester City in a tense penalty shootout on Wednesday. Defender Antonio Rüdiger struck the decisive blow for Real Madrid, burying his penalty into the bottom-left corner before his teammates piled on top of him in celebration. That’s how we won the game.”After a thrilling first leg between the two teams ended 3-3 in Madrid, City was fancied to advance in what transpired to be a night of high drama at the Etihad Stadium. Real Madrid will play Bayern Munich in the Champions League final four. “Congratulations to Real Madrid - they defended so deep with incredible solidarity,” said City manager Pep Guardiola.
Persons: Antonio Rüdiger, “ Madrid, , Federico Valverde, , City, Martin Rickett, Jude Bellingham, Valverde, Vinícius Jr, Erling Haaland, Kevin De Bruyne, Jack Grealish, De Bruyne, Luka Modrić’s, Bernardo Silva, Mateo Kovačić’s, Lucas Vázquez, Phil Foden, Ederson, Rüdiger, Naomi Baker, Carlo Ancelotti, Real, Pep Guardiola Organizations: CNN — Real, Bayern Munich, Champions League, Manchester City, Real Madrid, Etihad, Real, Ederson, Man, Premier League, FA, Chelsea Locations: CNN — Real Madrid, Madrid, City
Speaker Mike Johnson’s push to advance an aid package for Ukraine in the face of vehement opposition from his own party was never going to be easy. Both of those concessions, agreed to by former Speaker Kevin McCarthy more than a year ago, are now tormenting Mr. Johnson as he tries to push through a $95 billion aid bill for Ukraine, Israel and Taiwan. They have hemmed him in to having to rely heavily on Democrats — not only to clear the way for the legislation and drag it across the finish line, but potentially to save his job. Mr. Johnson’s predicament was on vivid display on the House floor on Thursday as a group of ultraconservatives huddled around him in a heated back and forth. One after another, they urged the speaker to tie the foreign aid package to stringent anti-immigration measures, but Mr. Johnson pushed back, replying that he would not have enough Republican support to advance such a measure, according to people involved in the private conversation.
Persons: Mike Johnson’s, Kevin McCarthy, Johnson, Locations: Ukraine, ultraconservatives, Israel, Taiwan
Russia is firing 10 times more artillery than Ukraine, President Volodymyr Zelenskyy said. Russia also has 30 times more aircraft, he said, in a worrying sign for the country. Ukraine is suffering critical shortages with US aid stalled, and has warned it may need to retreat. AdvertisementThe US is the single biggest donor to Ukraine, but billions in further aid to Ukraine is stalled in Congress. Zelenskyy warned in March that Ukraine would have to start retreating if no new aid came from Congress.
Persons: Volodymyr Zelenskyy, , Zelenskyy, We're, Jonathan Poquette Organizations: Service, PBS, Republicans, Ukraine Locations: Russia, Ukraine, Avdiivka
Xavi was shown a red card in the second half. “The red card marked the tie. For as much as we speak [about the match], the red card marks everything. PSG manager Luis Enrique, who enjoyed two trophy-filled spells at Barcelona as a player and manager, said he thought his team would have won even without Araújo’s sending off. Obviously, the red card is a factor, but you still have to know how to play these games and not make mistakes.
Persons: Xavi, Germain, István Kovács, Barça, Ronald Araújo’s, Raphinha, Lamine Yamal, Araújo, Bradley Barcola, Kovács, Ousmane Dembélé, Hugo Pfeiffer, Kylian Mbappé, João Cancelo, clumsily, Dembélé, ” Xavi, It’s, , Robert Lewandowski’s, José Ramón, Luis Enrique, Enrique, Kylian, Juan Medina, Reuters “, Lamine, ” Enrique, Atlético Madrid Organizations: CNN —, team’s Champions League, Paris Saint, Tuesday’s, Barcelona, Barcola, PSG, ESPN, Fuente, League, Reuters, ” PSG, Borussia Dortmund, Champions League Locations: CNN — Barcelona, Paris, Romanian, Barcelona
CNN —The Republican-controlled Arizona House of Representatives once again failed to advance a repeal of the state’s 160-year-old abortion ban Wednesday, days after the state Supreme Court roiled state politics by reviving the law. On Wednesday, following two attempts to discuss a bill that would repeal Arizona’s 1864 ban on abortions, lawmakers voted not to discuss the measure on the House floor. State lawmakers last week ended a House session early to block an effort to repeal the abortion ban. And on Monday, House Republicans’ general counsel laid out a strategy to defeat or dilute the impact of a potential abortion rights ballot initiative in a leaked memo. Abortion rights supporters and opponents gathered outside the statehouse Wednesday morning.
Persons: Donald Trump, Kari Lake, Katie Hobbs, , Ben Toma, Doug Ducey, Republicans ’, Sen, Priya Sundareshan, , “ It’s, Jill Norgaard Organizations: CNN, Republican, Representatives, GOP, Democratic Gov, , Republicans, Arizona Democrats, Senate, Arizona Democratic Legislative, Committee, Abortion, statehouse, Wednesday Locations: Arizona, 
CNN —There is a major disconnect between two CNN stories on Wednesday about Russia and the US. While it is mostly Republicans who oppose additional funding for Ukraine, they are still a minority, even within their own party. In February, 22 Republicans in the Senate joined all but three Democrats to form a 70-vote majority in favor of the funding. Asked about that propaganda comment by Tapper earlier this month, Rep. Mike Turner of Ohio, who chairs the House Intelligence Committee, agreed. The two appeared together at Mar-a-Lago last week, and Johnson has bought into Trump’s proposal to structure some Ukraine aid as a loan rather than direct aid.
Persons: Sean Lyngaas, , Mike Johnson, Johnson, , ” Johnson, CNN’s Jake Tapper, “ We’re, Matt Gaetz, Chip Roy didn’t, he’s, it’s, Marjorie Taylor Greene, Defense Lloyd Austin, Thomas Massie of Kentucky, Tucker Carlson, Vladimir Putin, Ralph Norman, Thomas Massie, Chip Roy, Tom Williams, It’s, Liz Cheney, Donald Trump, Michael McCaul, Puck, Tapper, Mike Turner of Ohio, ” Turner, Greene, Ken Buck, Moscow Marjorie ”, Putin, Trump Organizations: CNN, Capitol Hill, GOP, White, Conservative, Ukraine, Republicans, Senate, Florida, ” Texas, Defense, Republican, Fox News, Putin, Texas Republican, Foreign Affairs, House Intelligence, Trump, Mar, Lago Locations: Russia, Texas, Russian, Ukraine, Israel, Taiwan, Marjorie Taylor Greene of Georgia, Wyoming, Colorado
The Senate is set for a showdown over the articles of impeachment against Homeland Security Secretary Alejandro Mayorkas as Democrats are expected to move quickly to dismiss the articles, while Republicans insist there must be a full trial. The House transmitted the articles of impeachment to the Senate on Tuesday and senators are expected to be sworn in as jurors Wednesday. Every time there’s a policy agreement in the House, they send it over here and tie the Senate in knots to do an impeachment trial? Senate Minority Leader Mitch McConnell said on Tuesday that senators have a “rare” and “solemn” responsibility to consider the impeachment articles and said he would oppose any effort to table the articles. The deal faced a torrent of attacks from former President Donald Trump and top House Republicans.
Persons: Alejandro Mayorkas, Chuck Schumer, , Mayorkas, ” Schumer, , Mitch McConnell, , Democratic Sen, Bob Casey of Pennsylvania, CNN’s Manu Raju, Casey, you’ve, It’s, Jon Tester, Montana, Pro Tempore Patty Murray, Biden, Donald Trump Organizations: Homeland, Republicans, Kentucky Republican, Biden, Republican, Democratic, Senate, ICE, CNN, Pro Tempore, Homeland Security, DHS, House Republicans Locations: Kentucky, Washington
He said his unit had good support from HIMARS — a long-range, high-precision rocket launcher that can hit targets 50 miles away — but its effectiveness was degraded as rockets ran low. AdvertisementUkrainian soldiers watch a rocket fire from a HIMARS launcher in May 2023 in Donetsk Oblast, Ukraine. AdvertisementCongress approved $300 million for Ukraine last month, which would have included HIMARS rockets. M142 HIMARS launches a rocket on Russian position on December 29, 2023 in Unspecified, Ukraine. "Support Ukraine, help us win this war."
Persons: , Jonathan Poquette, it's, Serhii Mykhalchuk, Poquette, we're, Diego Herrera Carcedo, we'd, Christopher G Organizations: Service, Business, Artillery Rocket Systems, Company, Ukraine's 59th Motorized Brigade, Ukraine, Getty, Republicans, Hudson Institute, US European Command, NATO's, US Locations: Ukraine, Ukraine's, Donetsk Oblast, Ukrainian, Russia, Donetsk, US, Kyiv, Bakhmut, Anadolu
The 52-year-old American, an 11-time world champion, missed the World Surf League’s mid-season cut after losing to compatriot Griffin Colapinto – a man 27 years his junior – in the round of 32 at the Margaret River Pro. This time “feels like the end,” Slater told World Surf League Monday. Slater’s era of dominance began in 1992, when, at age 20, he became the youngest ever men’s world champion, a record he still holds. “It’s been an incredible lifetime of memories,” Slater said at Margaret River on Monday. But it’s been the best times of my life.”And though his storied surf career is coming to an end, Slater added it feels like “the start of something else, the start of the rest of life.”
Persons: CNN — Kelly Slater, compatriot Griffin Colapinto –, Margaret River, ” Slater, , Pamela Anderson, “ Kelly Slater’s, Kelly Slater, Australia Margaret, Australia Margaret River Pro, Beatriz Ryder, Slater, “ It’s, , it’s Organizations: CNN, Margaret, Surf, Australia Margaret River, Fiji Locations: Western Australia, Florida, United States, Australia
In an unprecedented trial, Mr. Trump is spending most of this week, and much of the coming month or two, in a Manhattan courtroom facing criminal charges. In 2020, he narrowly defeated Mr. Trump in Pennsylvania by about 80,000 votes. “I went to school here, right?” Mr. Trump, a graduate of the Wharton School of the University of Pennsylvania, reminded his audience. They say it is imperative that Mr. Biden campaign in western Pennsylvania, as well as swing areas like Erie County, which Mr. Biden flipped in 2020. Mr. Trump said last week that he would not, reversing a position he held during his term in the White House.
Persons: Biden, Donald J, ” Michael Tyler, Trump, Mr, , Trump’s, Michael Gold Organizations: Trump, Biden, Affordable, Mr, Wharton School, University of Pennsylvania, Scranton, Pittsburgh, United Steelworkers . Unions, Democrats, U.S . Steel, steelworkers, Democratic National Committee, Democratic Locations: Pennsylvania, Scranton, Manhattan, Israel, Michigan, Wisconsin, Philadelphia, Erie County, Arizona, Schnecksville, Pa
Donald Trump appears to be struggling to stay awake at his criminal trial. For the 2nd day, he's repeatedly closed his eyes for minutes at a time before jolting to attention. In Manhattan's criminal trial court, reporters aren't seated close enough to Donald Trump to hear if he's snoring. On Tuesday morning, Trump closed his eyes for more than a minute at a time on at least a half-dozen occasions. AdvertisementIf Trump finds criminal court proceedings a good time to nap, he will likely have more opportunities to catch some Zs in the near future.
Persons: Donald Trump, he's, , recedes, aren't, Stormy Daniels, Trump, Todd Blanche, Maggie Haberman Organizations: Service, Prosecutors, New York Times, CNN, Trump, Mar Locations: Manhattan, Georgia, Washington, Florida
CNN —Former US Open champion Emma Raducanu said she is playing the “best tennis” of her life, after inspiring Great Britain to victory over France in the Billie Jean King Cup on Saturday. “Tennis-wise I have improved because I feel like I am playing the best tennis of my career and my life,” Raducanu said, per BBC Sport. “I knew it would pay off eventually, so I’m very pleased this weekend it was able to show.”It is the first time Great Britain has qualified for the Billie Jean King Cup finals, except as a host nation. Raducanu then dropped the first set against Caroline Garcia later that evening before rallying to defeat the world No. “The players have done it, the team have worked together really well, and we deserve our spot (in the Billie Jean King Cup finals),” she added, per the tournament’s website.
Persons: Emma Raducanu, Billie Jean King, Raducanu, France’s Diane Parry, ” Raducanu, it’s, we’ve, , , Aurelien Meunier, Katie Boulter, Diane Parry, Caroline Garcia, Boulter, Clara Burel, Parry, “ I’m, Emma, Great, Anne Keothavong, That’s Organizations: CNN, Former, Billie Jean King Cup, Britain, BBC, , French, Wimbledon Locations: Britain, France, British, Raducanu
In his newest role, Goggins is a lot more than "That Guy." It's the kind of role Goggins excels at playing: a complex character who makes the audience question if they can — or should — root for him. "I didn't pick this lane; I think this lane picked me," Goggins told Business Insider when asked if he seeks out morally ambiguous roles. On showing up to LA with only $300 and almost getting fired from 'The Shield'(L-R) Walton Goggins and Robert Duvall in "The Apostle." And I love to see other people's work; I'm not threatened by that at all.
Persons: Walton Goggins, Guy, Robert Duvall's, Goggins, Shane Vendrell, Danny McBride, Quentin Tarantino, Django, he's, who's, Danny McBride's, Steven Spielberg, Quentin Tarantino's, Robert Duvall, I've, Duvall, Shawn Ryan, Spielberg, Tarantino's, Billy Freeman, Ryan Green, Jody Hill, David Gordon Green, David, It's, Shane, Jason Sudeikis, Jason, I'm, Steven Spielberg's, Steven, Quentin Organizations: FX, Business, Walton, HBO, Weinstein Locations: Hollywood, Beverly Hills, LA, Beverly, Georgia, Los Angeles, HBO's
Some restaurants are connecting callers to an AI voice service to place DoorDash and Uber Eats orders. Many people now place delivery orders online, but Kea's founder says restaurants sometimes struggle to handle phone orders. AdvertisementA new voice AI service means diners can place delivery orders with services like DoorDash and Uber Eats via phone call. The AI guides them through the transactions, including suggesting add-ons and recommending items they got in previous orders, Ahmad said. The delivery platforms that Kea can refer orders to are DoorDash, Uber Eats, Postmates, Grubhub, and Favor, Ahmad said.
Persons: DoorDash, Uber, Kea, , Adam Ahmad, Ahmad, Siri, , who'll, Olo, They'd, We're, NDAs — Organizations: Voice, Service, California Fish Locations: Kea, California
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewWall Street has been hopeful that M&A activity will return this year as rates fall. On Friday, the bank reported $41.9 billion in revenue for the quarter, up 9% year-over-year — a figure that surpassed analysts' expectations. The retreat from dealmaking produced a nine-year low in terms of the number of individual M&A transactions in the quarter, LSEG reported. Dimon's warningsThe comments from JPMorgan's top brass come as Dimon issues warnings about the prospect of a gloomier economic environment.
Persons: , Jamie Dimon, Jeremy Barnum, Barnum, Biden, that's, Goldman Sachs, Stephan Feldgoise, LSEG, EY, Dimon, Reed Alexander Organizations: Service, JPMorgan, Business, London Stock Exchange Group Locations: megamergers, dealmaking, Asia, Pacific
UnitedHealth Group struck a deal in March to buy the nine-state doctor group of the struggling hospital system Steward Health Care. AdvertisementDoctors are hot commoditiesIt's tough to lump the many buyers of medical practices together, as they're pursuing different strategies. Insurers like UnitedHealthcare and CVS' Aetna are required by federal law to spend most of the money they collect in premiums on medical care. Plus, running a modern medical practice is expensive, requiring investments in staffing, technology, and electronic health records. Advertisement"The corporate practice of medicine is the reason why healthcare costs are out of control," Li said.
Persons: , UnitedHealth's Optum, That's, UnitedHealth, there's, They're, Farzad Mostashari, UnitedHealth's chokehold, Chas Roades, Yashaswini Singh, Singh, Roades, Nick Jones, they're, Optum, Jones, Mitch Li, Li, Michelle Cooke, Cooke, she's, Ben Bowman, Bowman Organizations: Service, UnitedHealth, Health Care, CVS Health, Walgreens, Physicians, Research, US Justice Department, CVS, Aetna, Brown University, Harvard Medical School, Oregon Medical Group, JAMA, Amazon, The Washington Post, Federal Trade Commission, US Department of Justice, Department of Health, Human Services, Oregon State, Corvallis Clinic Locations: Oregon, New York, UnitedHealth, Optum, California, The, Atlanta
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