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July 31 (Reuters) - Tenet Healthcare Corp (THC.N) on Monday raised its annual core earnings forecast after a strong second quarter, betting on a recovery in surgical procedure volumes and improved contract labor costs as staffing shortage eases. The hospital operator sees its 2023 core earnings in the range of $3.31 billion to $3.46 billion, compared with its previous forecast of $3.2 billion to $3.4 billion. It expects adjusted profit per share in the range of $5.18 to $6.03 in 2023, compared with a prior forecast of $4.92 to $6.09. Larger rival, HCA Healthcare (HCA.N), the biggest for-profit hospital U.S. operator, also raised its full-year adjusted core earnings forecast to between $12.3 billion and $12.8 billion, from prior expectations of between $12.1 and $12.7 billion. On an adjusted basis, Tenet reported a net income of $1.44 per share for the quarter ended June, beating estimates of $1.25 per share.
Persons: Tenet, Sriparna Roy, Maju Samuel Organizations: Tenet Healthcare Corp, Tenet, UnitedHealth, HCA Healthcare, Thomson Locations: United States, U.S, Texas, Bengaluru
A worker trims leaves of young cannabis plants in a greenhouse at a Cresco Labs Inc. facility in Indiantown, Florida, U.S., on Monday, March 28, 2022. A $2 billion mega-deal between cannabis multistate operators Cresco Labs and Columbia Care has gone up in smoke more than a year after the companies announced the acquisition, the companies said Monday. "In light of the evolving landscape in the cannabis industry, we believe the decision to terminate the planned transaction is in the long-term interest of Cresco Labs and our shareholders," Cresco CEO Charles Bachtell said in a statement. Columbia Care has a market cap of about $200 million. Columbia Care CEO and co-founder Nicholas Vita added that after careful consideration, the decision to remain solo is "the best path forward for Columbia Care's employees, customers, and shareholders."
Persons: weathers, Charles Bachtell, Bachtell, Nicholas Vita, Sean, Diddy, Combs Organizations: Labs Inc, Cresco Labs, Columbia Care, Columbia Locations: Indiantown , Florida, U.S, Chicago, New York, New York , Massachusetts, Illinois
Cannabis firms Cresco, Columbia Care to terminate $2 bln merger
  + stars: | 2023-07-31 | by ( ) www.reuters.com   time to read: +1 min
July 31 (Reuters) - Cannabis producers Cresco Labs (CL.CD) and Columbia Care Inc (CCHW.NLB) have mutually terminated their $2 billion merger announced in March last year, the companies said on Monday. "In light of the evolving landscape in the cannabis industry, we believe the decision to terminate the planned transaction is in the long-term interest of Cresco Labs and our shareholders," Cresco CEO Charles Bachtell said in a statement. Cresco and Columbia last month said they would not be able to complete the divestitures necessary to secure regulatory approvals to close the transaction. Meanwhile, Columbia Care separately said it had closed its Downtown Los Angeles facility and completed a previously announced corporate restructuring plan, including a 52-person headcount reduction. Reporting by Arshreet Singh in Bengaluru; Editing by Krishna Chandra Eluri and Sriraj KalluvilaOur Standards: The Thomson Reuters Trust Principles.
Persons: Johnnie Walker, Charles Bachtell, Sean, Diddy, Combs, Arshreet Singh, Krishna Chandra Eluri Organizations: Cresco Labs, Columbia Care Inc, Columbia, Downtown, Thomson Locations: U.S, Columbia, New York , Massachusetts, Illinois, Downtown Los Angeles, Bengaluru
White jazz artists were antiracists before the term was inventedMany of the tributes to Bennett mentioned his disdain for bigotry. Many White jazz artists were antiracists, long before the word was invented. Frank Sinatra, Bennett’s musical mentor, recorded with and relentlessly championed Black jazz artists like Ella Fitzgerald and Count Basie. He hired a Black jazz bassist, Eugene Wright, and refused to play in segregated venues. There are countless photos of a beaming Bennett hanging out with Black jazz artists.
Persons: Tony Bennett, Ed Sullivan’s, Bennett, , Duke Ellington, , ’ ” Bennett, there’s, Jason Aldean, Aldean, Dick Gregory, Coretta Scott King, Rick Diamond, Bennett —, ” Bennett, Frank Sinatra, Bennett’s, Ella Fitzgerald, Count Basie, Sinatra, Nat King Cole, Dave Brubeck, Eugene Wright, Benny Goodman, Jim Crow, Ellington, Louis Armstrong, don’t, It’s, that’s, Lionel Hampton, Goodman, Michael Ochs, Amy Winehouse, Winehouse, fidgety, “ We’ll, “ You’re, ” Winehouse, Lady Gaga, John Mayer, Elvis Costello, Bennett’s unflappability, Bennett wasn’t, Brubeck, Miles Davis, Jimi Hendrix, Bill Evans, Mark Allan, Greg Thomas, ” Thomas, Carrie Underwood, Faith Hill, Willie Nelson, Billy Ray Cyrus, Lil Nas, Wynton Marsalis, Bennett –, Anthony Dominick Benedetto, , Thomas, John Blake Organizations: CNN, Toronto Star, MLK, Atlanta Civic Center, US Army, Carnegie Hall, Michael Ochs Archives, Jazz, Studios Locations: New York, Tennessee, America, Atlanta, Nazi, African, British, Turkey, Japan, London, Aldean, American, Europe, United States
War arrived on their doorstep, and each of them, somehow, found the courage to meet it. Chernov was an artist who increasingly moved to making news photos and videos when Russia menaced and ultimately invaded Ukraine. Stepanenko, the daughter of a pioneer of hip-hop dance in Ukraine, was just 22 years old during the siege of Mariupol. A woman on the verge of giving birth is carried out of a bombed hospital, dazed, bleeding, clutching her swollen belly. I have watched helplessly as friends and colleagues have been jailed, beaten and killed simply for trying to do their work with honor and integrity.
Persons: Chernov, Maloletka, Vladimir Putin’s, wails Organizations: Stepanenko Locations: Russia, Ukraine, Mariupol
MLB roundup: Shohei Ohtani shines as Angels sweep Tigers
  + stars: | 2023-07-28 | by ( ) www.reuters.com   time to read: +4 min
[1/4] Jul 27, 2023; Detroit, Michigan, USA; Los Angeles Angels starting pitcher Shohei Ohtani (17) celebrates with teammates after he hits a home run in the fourth inning against the Detroit Tigers at Comerica Park. Mike Moustakas scored a pair of runs for Los Angeles, which has won seven of its last eight games. Angels 11, Tigers 4 (Game 2)Shohei Ohtani hit a pair of homers and drove in three runs before departing with cramping as Los Angeles completed a doubleheader sweep with a victory over host Detroit. Ohtani hit his major league leading 37th and 38th home runs but grabbed his side after the latter homer. Ohtani tossed the first complete game shutout of his career in the Angels' 6-0 victory earlier in the day.
Persons: Shohei Ohtani, Rick Osentoski, Ohtani, Taylor Ward, Kerry Carpenter, Ohtani's, Ward, Trey Cabbage, Mike Moustakas, Michael Lorenzen, Hunter Renfroe, Matt Thaiss, Luis Rengifo, Eduardo Escobar, Patrick Sandoval, Justin Steele, Louis, Steele, Yan Gomes, Mike Tauchman, Andrew Knizner, Miles Mikolas, Ian Happ, Happ, Willson Contreras, Josh Naylor, Jake Burger, Tanner Bibee, Emmanuel Clase, Daniel Vogelbach, Mark Canha, Jeff McNeil, Pete Alonso, Mason Thompson, Vogelbach, DJ Stewart, Canha, Kyle Finnegan, Alonso, David Peterson, Brooks Raley, Keibert Ruiz lofted Organizations: Los Angeles Angels, Detroit Tigers, Comerica Park, Los, Detroit, Tigers, Angels, Cubs, Cardinals, St, White Sox, Cleveland, skidding Chicago, The, Mets, Nationals, New, Washington, Thomson Locations: Detroit , Michigan, USA, Los Angeles, cramping, Chicago, New York
CNN —Late rapper Tupac Shakur’s gold, ruby and diamond crown ring fetched more than $1 million on Tuesday, becoming the most valuable hip-hop artifact ever sold at auction, according to Sotheby’s. From left: Snoop Doggy Dogg and Tupac Shakur show off their rings DMI/The LIFE Picture Collection//ShutterstockThe ring was designed over several months after the rapper signed with Death Row Records following a prison sentence of which he served eight months. It was modeled after the crowns of Europe’s medieval kings in “an act of self-coronation,” said Shakur’s godmother Yaasmyn Fula, who brought the ring to auction, according to a Sotheby’s press release. The ring on display ahead of Tuesday's hip-hop-themed auction. The wooden box, painted in the artist’s classic cartoonish style, sold within estimate at $76,200.
Persons: Tupac Shakur’s, Shakur, , Kidada Jones, Quincy Jones, Snoop, Tupac Shakur, , Yaasmyn, De La Soul’s Kelvin Mercer, Alexi Rosenfeld, KAWS, UNKLE, James Lavelle, Wu, Tang, Bill Sienkiewicz, EPMD’s Organizations: CNN Locations: New York, , York, American
Major insurers UnitedHealth Group (UNH.N) and Humana (HUM.N) have already warned of booking higher costs due to a jump in non-urgent surgeries in the United States, highlighting demand for such procedures. HCA Healthcare, which is the biggest for-profit hospital operator in the United States, raised its full-year adjusted core earnings forecast to between $12.3 billion and $12.8 billion, from prior expectations of between $12.1 and $12.7 billion. "We anticipate the market wanted more even though HCA's outlook remains prudent as the healthcare system normalizes," said Citi analyst Jason Cassorla. Shares of rivals Tenet Healthcare (THC.N) and Universal Health Services (UHS.N) fell 2% and 1%, respectively, in morning trading. Profits at hospital operators took a hit following COVID-led lockdowns as people delayed non-urgent surgeries, and as the pandemic deepened a nursing shortage that led to a spike in costs.
Persons: Jason Cassorla, lockdowns, Khushi Mandowara, Manas Mishra, Shinjini Ganguli, Anil D'Silva Organizations: Healthcare Inc, UnitedHealth, HCA Healthcare, Citi, Tenet Healthcare, Universal Health Services, Thomson Locations: United States, Bengaluru
Flash of Anger Led to a Moment of Brilliance for U.S.
  + stars: | 2023-07-27 | by ( Juliet Macur | ) www.nytimes.com   time to read: +1 min
Enough of the United States women’s team, the two-time reigning world champion, not playing its best at this Women’s World Cup. Now Horan, a United States co-captain, had just been hip-checked hard by a Netherlands counterpart, Danielle van de Donk. “Just score this goal,” Ertz had whispered as they lined up to await a corner kick from Rose Lavelle, “to shut everyone up.”And that’s just what she did. As Rose Lavelle’s corner screamed into the penalty area, Horan sprinted for the precise spot where it would arrive. She jumped to meet it, snapped her head and sent the ball straight into the net.
Persons: Lindsey Horan, Horan, Danielle van de, van de Donk, Julie Ertz, ” Ertz, Rose Lavelle, , Rose, Lavelle Organizations: United, United States women’s Locations: Netherlands, United States
The shift to remote work early in the pandemic allowed wealthy residents to ditch big cities in droves and set up shop in smaller cities and towns nearby. While the surging costs of housing and the new freedom of remote work helped trigger this mass migration, small cities have been laying the groundwork over the last decade to entice these big-city refugees. Then came the pandemic, and remote work suddenly made small cities a viable home for wealthy professionals. For the past two decades, cities have turned to an economic development strategy I've deemed "the city authentic." It spiked even more during the pandemic when change of addresses from New York City jumped a whopping 787%.
Persons: Tim Burton, , Richard Florida, millennials, DAVID BREWSTER, downtowns, weathers, It's, Alison Roman, Chrissy Teigen, it's, restaurateurs, John Greim, Instagramable cafés, David A, Banks Organizations: Urban, New York Times, Creative, The New York Times, Industrial Development Agency, IDA, Arts, Craft, Fulton, Star Tribune, Getty, Social, Business, New York City, Neighborhood Initiative, Globalization Studies, University, Albany SUNY, UUP Locations: America, Hudson, New York City, Austin , Texas, Charlotte, North Carolina, Denver , Minneapolis, Salt Lake City, Dallas, Louisville, Connecticut, Florida, Washington, Fulton, New York, Athens, Georgia, Tulsa , Oklahoma, Arts District, Saint Paul , Minnesota, , New York, Rensselaer, Troy, Rensselaer County, Newark , New Jersey, Dudley, Boston
Mike Duggan and his hockey buddies were strapping on their gear one recent morning when their banter hopscotched, as it frequently does, to the subject of joint replacement surgeries. Duggan, 74, the proud owner of an artificial hip, marveled at the sheer number of titanium body parts in the locker room. He gestured toward Mitch Boriskin, who was wiggling into a pair of skates along the opposite wall. “I don’t think there’s an original part on you,” Duggan said. “Two fake knees, a spinal cord stimulator, 25 surgeries,” he began, as if reciting a box score.
Persons: Mike Duggan, strapping, Duggan, Mitch Boriskin, ” Duggan, Boriskin, , ” Duggan interjected Organizations: Snoopy Senior Locations: Oregon, North America, Santa Rosa, Calif, San Francisco
‘Hip-Hop’: How a Musical Movement Got Its Name
  + stars: | 2023-07-21 | by ( Ben Zimmer | ) www.wsj.com   time to read: 1 min
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Persons: Dow Jones
CNN —The years-long artistic partnership between Tony Bennett and Lady Gaga wasn’t an immediately obvious one. Mark Renders/Getty Images“Watching Tony at 88 like he’s just starting out … I said to myself, I can do this forever,” Gaga told PBS in 2014. Tony Bennett and Lady Gaga performed at Radio City Music Hall in August 2021. Kevin Mazur/Getty Images“When that music comes on – something happens to him,” Gaga told “60 Minutes” in 2022. “When I walked out on that stage, and he said, ‘It’s Lady Gaga,’ my friend saw me,” she told 60 Minutes.
Persons: Tony Bennett, Lady Gaga wasn’t, Gaga, Bennett, Cheek, Tony, ” Gaga, Zoe Ball, , ” Bennett, , ‘ You’ve, ’ ”, , King Cole, Robin Hood, she’d, Rodgers, Hart, “ Cheek, Cole Porter, Irving Berlin, , ” Tony Bennett, he’s, , I’m, you’ve, ” Tony, Artpop ”, Duke Ellington, don’t, Joanne ”, wasn’t, Lady Gaga, Kevin Mazur, he’d, “ It’s Organizations: CNN, BBC Radio, Robin, Robin Hood Foundation, Vogue, PBS, Porter, Radio City Music Hall Locations: Gaga’s
She was more distant in my adulthood, as Barbie had become a subject of feminist concern. I followed many authors, artists, musicians and assorted culture jammers who were publicly working out their own Barbie issues in fascinating ways. However we feel about Barbie at a given moment says a lot more about us than it does about Barbie. Mattel’s litigious responses to things like the 1998 intersectional feminist body-image essay collection “Adios, Barbie” and Aqua’s gratingly ubiquitous earworm “Barbie Girl” didn’t help its P.R. It’s a fitting approach, since the most interesting thing about Barbie has always been our reactions to her.
Persons: Barbie, jammers, she’s, Rather, Ophelia, Anita Hill, Barbie —, Mattel’s, Barbie ”, , Greta Gerwig Organizations: Committee, Latina, Miss America, Playboy, Mattel, American Association of University Women Locations: Hollywood
US singer Tony Bennett (Anthony Dominick Benedetto) performs on stage during an invitation only concert at the newly opened Encore Boston Harbor Casino in Everett, Massachusetts on August 8, 2019. "No country has given the world such great music," Bennett said in a 2015 interview with Downbeat Magazine. The evening's performance resulted in the album, "Tony Bennett: MTV Unplugged," which won two Grammys, including album of the year. Bennett would win Grammys for his tributes to female vocalists ("Here's to the Ladies"), Billie Holiday ("Tony Bennett on Holiday"), and Duke Ellington ("Bennett Sings Ellington — Hot & Cool"). He also won two Emmy Awards — for "Tony Bennett Live By Request: A Valentine Special" (1996) and "Tony Bennett: An American Classic" (2007).
Persons: Tony Bennett, Anthony Dominick Benedetto, Bennett, Antonia Benedetto, Frank Sinatra, Lady Gaga, Sylvia Weiner, Bennett didn't, Cole Porter, Irving Berlin, Jerome Kern, Sinatra, Sinatra's, Cheek, Gaga, Carrie Underwood, Amy Winehouse, Winehouse, Oscar, Amy, Porter, George Gershwin, George Cory, Douglass Cross, Ralph Sharon, Ralph, Danny, David Letterman, Fred Astaire, Elvis Costello, Billie Holiday, Duke Ellington, — Bennett, Louis Armstrong, Barbra Streisand, Paul McCartney, Stevie Wonder, Long, Susan Crow Benedetto, Anthony, Anna, James Infirmary, Bel, Miriam Spier, you'll, it's Bing Crosby, Art Tatum, Lester Young, Stan Getz, Joe Bari, Rosemary Clooney, Arthur Godfrey's, Pearl Bailey, Bob Hope, Mitch Miller, Hank Williams, Miller, Chuck Wayne, Chico Hamilton, Art Blakey, Count Basie, Harry Belafonte's, Martin Luther King Jr, Selma, Bennett's, Johnny Mandel's Oscar, Clive Davis, Tony, Bill Evans, Patricia Beech, Sandra Grant, Susan, Johanna, Antonia, Dae, , Benedetto — Organizations: Associated Press, American, MTV, Ellington, New, Frank Sinatra School of, Arts, Armed Forces Network, Armed Forces Radio, American Theater, Arthur Godfrey's Talent Scouts, Greenwich Village, Paramount Theater, Sinatra, Columbia Records, Count Basie Orchestra, Army, Civil Rights Movement, Carnegie Hall, Columbia, IRS, Kennedy, National Endowment, Arts Jazz, Smithsonian Museum of American Locations: Everett , Massachusetts, Francisco, New York, San Francisco, Little Rock , Arkansas, Astoria, New York City, Queens, Italian, Germany, Greenwich, Montgomery, Los Angeles
Shares of J&J, which recently spun off its consumer health unit to focus on drugs and medical devices, rose over 1% in premarket trading. The company expects sales at its pharmaceutical unit to grow more in the second half of 2023, compared with the first half. Quarterly sales of its multiple myeloma drug, Darzalex, were $2.43 billion, in line with Wall Street estimates, according to Refinitiv. Second-quarter sales for its medical device unit were $7.79 billion, topping estimates of $7.55 billion. J&J said it now expects adjusted 2023 profit of $10.70 to $10.80 per share, above estimates of $10.65 per share and its prior forecast of $10.60 to $10.70 per share.
Persons: Johnson, Stelara, J, J's, Bhanvi, Anil D'Silva Organizations: Johnson, Wall, Thomson Locations: Kenvue, Bengaluru
CNN —Former President Barack Obama is staying cool this summer with a summer playlist of 40-plus songs that showcase his eclectic tastes. There are also some repeat artists on the list that Obama was listening to in the summer of 2021 – including the Rolling Stones, Stevie Wonder, SZA, Michael Kiwanuka and Bob Dylan – who show up here with different songs. Obama’s 2023 summer list includes country singer Luke Combs’s cover of Tracy Chapman’s 1988 classic “Fast Car,” which recently reached No. 1 on Billboard’s Country Airplay chart, making Chapman the first Black woman to top that chart in its 33-year existence. Obama traditionally releases these wide-ranging playlists for the summer, holidays and even for some workout motivation.
Persons: Barack Obama, ” Obama, Tina, Ike Turner’s, , 2Pac, Dre, Roger Troutman, Obama’s, Marvin Gaye, Otis Redding, Dr, Feelgood, Aretha Franklin, Nicki Minaj’s, Diana ”, Rauw Alejandro, Rosalía, Obama, Stevie Wonder, Michael Kiwanuka, Bob Dylan –, Luke Combs’s, Tracy Chapman’s, Chapman, , Jorja Smith, Ashley McBryde, Pearl Jam Organizations: CNN, Twitter, Spice, Pearl Locations: California, United States
The Las Vegas police have executed a search warrant in connection with the fatal drive-by shooting of the rapper Tupac Shakur in 1996, the department said Tuesday, reinvigorating the investigation into the unsolved death of a mythic figure in hip-hop. 1 on the charts, was shot as he was leaving a Mike Tyson-Bruce Seldon prizefight in Las Vegas when a Cadillac pulled up alongside the BMW he was riding in. He died less than a week later at the age of 25. The Las Vegas Metropolitan Police Department said in a statement that it had served the search warrant in Henderson, Nev., a city outside of Las Vegas, on Monday. Shakur’s “All Eyez on Me” was one of the first double albums in hip-hop.
Persons: Tupac Shakur, Shakur, Mike Tyson, Bruce Seldon prizefight, , Janet Jackson, John Singleton’s, Jon Pareles Organizations: Las, BMW, Las Vegas Metropolitan Police Department, The New York Times Locations: Las Vegas, Henderson, Nev
July 18 (Reuters) - Nevada police have searched a house outside of Las Vegas in connection with the 1996 killing of hip-hop star Tupac Shakur, who was shot to death in the city nearly three decades ago, the Las Vegas Metropolitan Police Department said on Tuesday. No additional information regarding who owned the house or what led police to conduct the search was given. In a press release, the department said it "can confirm a search warrant was served in Henderson, Nevada on July 17, 2023, as part of the ongoing Tupac Shakur homicide investigation." The department, whose jurisdiction includes the suburb of Henderson where the search was conducted, declined to provide further comment. Shakur was shot in a drive-by shooting on Sept. 7, 1996 and died in a hospital six days later at the age of 25.
Persons: Tupac Shakur, Shakur, Rachel Nostrant, Susan Heavey Organizations: Las Vegas Metropolitan Police Department, Hollywood, Thomson Locations: Nevada, Las Vegas, Henderson , Nevada, Henderson
50 Rappers, 50 StoriesOver five decades, hip-hop has grown from a new artform to a culture-defining superpower. In their own words, 50 influential voices chronicle its evolution.
Marjorie Taylor Greene stars in a new rap music video in which she is declared "MAGA's MVP." Florida-based rapper Kurt Jantz, who goes by Forgiato Blow, released a new music video on Sunday dedicated to the Georgia representative. Throughout the video, Greene silently nods her head next to Jantz or remains in the background, sitting on a throne or atop a red convertible. Marjorie Taylor Greene🇺🇸 (@RepMTG) July 16, 2023This is not the first time Greene has tried to insert herself into hip-hop culture. "We don't care if you're white/Don't care if you're black/We don't care if you're gay/We're all under attack," they sing.
Persons: Marjorie Taylor Greene, MAGA, Marjorie Taylor Greene's, she's, Kurt Jantz, Forgiato Blow, Marjorie, RINOs, Greene, Jantz, Greene's, Joe Biden, , Marjorie Taylor Greene 🇺🇸 ( Organizations: Trump, Service, Georgia, Twitter Locations: Wall, Silicon, Florida, Georgia
Travelers' displeasure with cramped airplane seating has been rising as planes pack in more seats. The bill urges the FAA to consider factors like disability or age when writing evacuation guidelines. A new bill moving through Congress aims to address airplane safety for people with disabilities or other restrictions that might make evacuating difficult. Now, Congress is trying to address the potential safety hazards with the Emergency Vacating of Aircraft Cabin, or EVAC, Act. The bill also says the tests were conducted in small groups instead of considering that some planes can carry over 200 passengers.
Persons: Sens . Baldwin, Duckworth, Tammy Baldwin, Tammy Duckworth, Baldwin Organizations: FAA, Wall Street, Federal Aviation Administration, Aircraft, National Transportation Safety, Reuters . Locations: Sens
That level of improvement shows that adjustments on the fly can produce a quick fix, but there is usually another problem waiting around the corner. At the King George, doctors cannot discharge patients quickly enough because there is nowhere to send them for longer-term therapy. In Britain, local councils, not the National Health Service, are responsible for social care. Given the need to overhaul primary care and social care, some experts argue the best thing the N.H.S. At Queen’s, even with the recent improvements, patients suffering from mental health issues can be stranded in the emergency room for more than 36 hours.
Persons: Merritt, King George, Mr, Edwards, Organizations: National Health Service Locations: E.R, Queen’s, Britain
Among the dishes the food blogger claimed to have spotted were grilled fish with herbs, stir-fried pickled Yunnan wild greens with potato slices and cold rice noodles. She ordered four portions of jian shou qing (a Yunnan wild mushroom species). But the most heated discussions were focused on the multiple orders of the mushroom dish – jian shou qing. Jian shou qing, Yunnan’s mysterious mushroomsBaskets of jian shou qing mushrooms, foraged from a Yunnan forest. Chieu Luu/CNNThe fact that Yellen and her team visited a Yunnan restaurant shouldn’t come as a surprise.
Persons: Hong Kong CNN — It’s, Janet Yellen, jian shou qing, Yi Zuo Yi Wang, , Pan Pan Mao, ” Pan Pan Mao, Yellen, Mark Schiefelbein, Yellen’s, Jian shou qing, Colin Domnauer Jian shou qing, , Peter Mortimer, Mortimer, Jun Xu, they’re, Luu, Dian Cai –, Ng Mung Lam, Ng, Yellen's, Leisa Tyler, LightRocket Organizations: Hong Kong CNN, Weibo, CNN, Kunming Institute of Botany, African, Getty, Botanical Society of, Xinhua, CNN Travel Locations: Hong Kong, Beijing, China, Yunnan, Vietnam, Laos, Myanmar, Weibo, India, Yunnan Province, Botanical Society of Yunnan, China’s, Shenzhen, Chuxiong prefecture, pu’er
July 14 (Reuters) - UnitedHealth Group's (UNH.N) quarterly profit beat Wall Street estimates on Friday as a smaller-than-expected jump in medical costs allayed fears that a resumption in long-delayed surgical procedures would hit profit growth, sending its shares up 5%. The beat from the industry bellwether lifted the shares of rivals Humana (HUM.N), Cigna (CI.N), CVS Health (CVS.N) and Elevance Health (ELV.N) between 2% and 5%. Chief financial officer John Rex said the company expects medical costs for the third quarter to be "a little bit lower" compared to the second quarter. UnitedHealth's profit of $6.14 per share for the second quarter beat analysts' expectations of $5.99, according to Refinitiv. Reporting by Bhanvi Satija and Raghav Mahobe in Bengaluru; Editing by Pooja DesaiOur Standards: The Thomson Reuters Trust Principles.
Persons: John Rex, Stephens, Scott Fidel, UnitedHealth, Humana, Bhanvi Satija, Pooja Desai Organizations: Wall, Humana, CVS Health, Elevance, Health, Medicare, Thomson Locations: Bengaluru
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