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Why so many drug stores are closing
  + stars: | 2023-10-16 | by ( Nathaniel Meyersohn | ) edition.cnn.com   time to read: +3 min
Now, they are closing thousands of stores, leaving gaps in communities for medicines and essentials. It comes amid walkouts by Walgreens pharmacists and technicians around the country and at CVS stores in Kansas City over low pay and understaffed stores. Drug store strugglesRite Aid’s bankruptcy reflects long-term struggles in the retail pharmacy industry. Walgreens and other drug stores have closed thousands of stores in recent years. But this strategy requires fewer brick-and-mortar retail stores.
Persons: Angus Mordant, Justin Sullivan, drugstores, , David Silverman, ” Silverman, Drugstores Organizations: New, New York CNN, Rite Aid, Bloomberg, Getty Images Rite, Walgreens, CVS, Walmart, Fitch, Aetna, Pharmacy, McKinsey . Rite, American Medical Association Locations: New York, Kansas City, drugstores
And I thought, ‘Well, why not?’”In April 2021, Barto traveled to Italy to begin searching for a home. While Italian residents don’t pay property taxes on their main residence, non-resident property owners are required to pay a local property tax. Barbara Barto“You don’t really have to get out and drive. I don’t miss that at all.”Although she hasn’t been able to visit home since moving to Italy, Barto is planning to return to the US for the festive holidays. Language barrierWhile she’s picked up some Italian, Barto still finds the language difficult, and mainly relies on Google Translate when it comes to communicating with Italians.
Persons: Barbara Barto, ” Barto, wouldn’t, she’d, hadn’t, Barto, Kirk Fisher, I’ve, I’m, , , Barbara Barto “, she’s, it’s “, ” She’s, didn’t, can’t, hasn’t, Barbara, ’ ” Barto, you’ve, who’ve Organizations: CNN, & Garden Television, CNN Travel, Elective, Google, Italian National Healthcare System Locations: Fort Worth , Texas, Palombaro, Abruzzo, Italy, United States, , Texas, Rome, Venice, “ Texas,
[1/2] A UnitedHealth Group health insurance card is seen in a wallet in this picture illustration October 14, 2019. REUTERS/Lucy Nicholson/Illustration/File Photo Acquire Licensing RightsOct 13 (Reuters) - UnitedHealth (UNH.N) reported a third-quarter profit on Friday ahead of analysts' estimates, helped by a lower-than-feared rise in medical costs at the company's health insurance unit. UnitedHealth's profit beat and slight raise in annual forecast set the stage for other insurers in the industry that suffered a nearly $60-billion wipeout in market value in June, on fears of a spike in medical costs. UnitedHealth said in July it expects quarterly medical costs to be "a little bit lower" sequentially. In the third quarter, the company's medical loss ratio, the percentage of spend on claims compared to premiums collected, was 82.3%, versus 83.2% in the second quarter.
Persons: Lucy Nicholson, Stephens, Scott Fidel, UnitedHealth, Mariam Sunny, Bhanvi, Shounak Dasgupta Organizations: REUTERS, Humana, Thomson Locations: COVID, Bengaluru
REUTERS/Lucy Nicholson/Illustration/File Photo Acquire Licensing RightsOct 13 (Reuters) - UnitedHealth (UNH.N) reported a third-quarter profit on Friday that beat analysts' estimates, helped by lower-than-expected medical costs for the healthcare conglomerate. UnitedHealth said in July it expects medical costs for the third quarter to be "a little bit lower" compared with the second quarter. The company's medical loss ratio for the quarter, the percentage of spend on claims compared to premiums collected, was 82.3%, compared with analysts' estimates of 82.82%, according to LSEG data. UnitedHealth reported an adjusted profit of $6.56 per share for the third quarter, compared with estimates of $6.32. The company now expects an adjusted profit between $24.85 and $25.00 per share, compared with its previous outlook of $24.70 to $25.00.
Persons: Lucy Nicholson, UnitedHealth, Mariam Sunny, Bhanvi, Shounak Dasgupta Organizations: REUTERS, Thomson Locations: Bengaluru
The surge comes as educators are scrambling to bolster students’ math skills, which plummeted during the pandemic and haven’t fully recovered. Advocates say personal finance courses could pay dividends if students learn how to make wiser money decisions and avoid financial hazards. “The more math you add to financial literacy, frankly, the better it is,” says Annamaria Lusardi, founder and academic director of the Global Financial Literacy Excellence Center. ... Having said that, financial literacy is more than math.”Idaho is one of the states where a new financial literacy curriculum is hitting classrooms. In 2020, the NAACP issued a resolution calling for more financial literacy programs in K-12 schools.
Persons: Bryan Martinez jots, ” Martinez, Tonica Tatum, Gormes, ” Tatum, , , Annamaria Lusardi, weren’t, Debbie Critchfield, aren’t, Laina Cox, Tatum, Martinez, who’s, ___ Sadie Dittenber Organizations: WASHINGTON, Capital, Associated Press, Christian Science Monitor, Dallas Morning News, Idaho Education, Courier, The Seattle Times, D.C, Council for Economic Education, Global Financial, , Advocates, NAACP, Finance, Capital City Public Charter School, Carnegie Corporation of New, AP Locations: Capital City, Idaho, South Carolina, The Washington, Idaho’s, Carnegie Corporation of New York
The upcoming elections will also test the longstanding political sway of the San Francisco Bay Area. Dianne Feinstein is pictured on March 21, 1984, during her tenure as mayor of San Francisco. For generations, the center of political gravity in California has been in the San Francisco Bay Area. AdvertisementAdvertisementVice President Kamala Harris is a former San Francisco District Attorney. And Feinstein, a former San Francisco mayor, served in the Senate from 1992 until her death last month.
Persons: , Nancy Pelosi, Kevin McCarthy, Dianne Feinstein —, McCarthy, Pelosi, Andrew Harnik, Arnold Schwarzenegger, Steve Poizner, Steve Scalise, Jim Jordan, Hakeem Jeffries, Gavin Newsom, Sen, Feinstein, Dianne Feinstein, Eric, Kamala Harris, Newsom, Jerry Brown, Barbara Boxer, Ron Dellums, Southern California . Sen, Alex Padilla, Harris, Laphonza Butler, Butler, Katie Porter, Adam Schiff —, Barbara Lee Organizations: San Francisco Bay Area, Service, Capitol, House Democratic Caucus, Senate Intelligence, AP, California Republican, Gov, San Francisco, Oakland, San, Southern California ., Democratic, Southern California . Rep, Locations: California, San Francisco Bay, Bakersfield, San Francisco, Louisiana, Ohio, New York, Eric Risberg, San, Southern California, Los Angeles, Bay, Orange
New York CNN —Over 75,000 Kaiser Permanente unionized employees walked off the job Wednesday in the largest health care worker strike in US history. One of the largest health care organizations in the country, Kaiser has 12.7 million members, according to the company. As a bus driver for the Orange County Transportation Authority, “I need those legs to drive,” Signorio told CNN Tuesday, citing the long wait for care. Michael Signorio, a Kaiser Permanente member, talked about the effects of the ongoing strike with CNN's Natasha Chen on October 4. During the last few months most of his doctors appointments have been rescheduled and overall everything has been very slow,” Fidel Vasquez told CNN over email.
Persons: , Kaiser, Michael Signorio, ” Signorio, “ I’ve, , CNN's Natasha Chen, “ We’re, “ I’m, I’m, Christina Campbell’s, , ” Campbell, Jennifer Fry, ” Fry, haven’t, ” Fidel Vasquez, Vasquez, Julie Zuchowski, Zuchowski, ” Zuchowski, ” Larriesha, Organizations: New, New York CNN, Kaiser Permanente, DC, CNN, Orange, Orange County Transportation Authority, Kaiser Locations: New York, California , Colorado, Washington , Virginia , Oregon, Maryland, Washington, Colorado , Oregon, California, Los Angeles, Sunset, Orange County, Kaiser
Cost of living impactChris and Jennifer Tidroski purchased a €26,000 home in a building in the village of Latronico, Italy after becoming frustrated with life in the US. The couple say that the cost of living in the US has become too high, especially when it comes to healthcare. Chris explains that the political polarization in the US has been a contributing factor in their decision to relocate to Italy. Although the costs were slightly more than they estimated, the Tidroskis say they couldn’t have afforded a similar house in the US. While his mother was Italian, Chris’ father was Polish-Lithuanian.
Persons: they’ve, Chris, Jennifer Tidroski, who’ve, Chris Tidroski, , Lidia, ” Chris Tidroski, , Vincenzo Castellano, Mariangela Tortorella, expats, Jennifer, Chris Tidroski “, She’ll, They’ve, Chris Tidroski He’s, Castellano, Chris ’, he’d, don’t Organizations: CNN Locations: America, Italy, Prescott , Arizona, Latronico, Southern Italian, Basilicata, States, , Arizona, Italian, Polish
By 9 am ET, more than 75,000 Kaiser workers plan to join picket lines, marking the largest health care strike in US history. In the wake of pandemic, however, health care workers in particular have been fighting for safer and more secure work environments. Many health care employees are set to join the picket lines, including nursing staff, dietary workers, receptionists, optometrists, and pharmacists. Kaiser Permanente “members” pay dues to the organization to gain access to Kaiser Permanente’s wide-ranging health care services. The increased number of health care strikes have happened despite health care workers making up only about 9% of private sector union members nationwide.
Persons: Kaiser, Kaiser Permanente, James Santos, , , Permanente, ” Renee Saldana, they’re, , “ Kaiser Permanente, CNN’s Chris Isidore Organizations: CNN, Kaiser Permanente, Kaiser, Washington DC, SEIU, UHW, “ Workers, United Auto Workers, Ford, General Motors, Writers Guild of America, Hollywood, of Labor Statistics Locations: Virginia, Washington, DC, United States, California , Colorado, Washington and Oregon, Kaiser, York City, “ Kaiser
WASHINGTON (AP) — Former union leader and Democratic insider Laphonza Butler was sworn in as the newest member of the Senate on Tuesday, replacing California Sen. Dianne Feinstein after her death and becoming only the third Black female senator in history. On the Senate floor Tuesday, Butler was sworn in by Vice President Kamala Harris, who served as the second Black female senator until she resigned in 2021 to join President Joe Biden in the White House. The first was Democratic Sen. Carol Moseley Braun of Illinois, who served one term in the 1990s. In the Senate, Feinstein was the first female chairwoman of the Senate Intelligence Committee and the first female top Democrat on the Senate Judiciary Committee. “Laphonza will carry the baton left by Sen. Feinstein (and) continue to break glass ceilings and fight for all Californians in Washington D.C.,” Newsom said.
Persons: Laphonza Butler, California Sen, Dianne Feinstein, Butler, Gavin Newsom, Feinstein, Kamala Harris, Joe Biden, Democratic Sen, Carol Moseley Braun, Steven Horsford, Newsom, , ” Newsom, Harris ’, Katie Porter, Adam Schiff, Barbara Lee, ” Butler, Uber, Sen, Alex Padilla, Harris, Barbara Boxer, Moseley Braun, Sen . Feinstein Organizations: WASHINGTON, Democratic, California Gov, Carol Moseley Braun of Illinois, Congressional, Caucus, Senate, CBC, House Democrats, California, Senate Intelligence, Washington D.C Locations: California, Washington, Carol Moseley Braun of, Butler, , U.S, San Francisco
Former union leader and Democratic insider Laphonza Butler was sworn in as the newest member of the Senate on Tuesday, replacing California Sen. Dianne Feinstein after her death and becoming only the third Black female senator in history. The first was Democratic Sen. Carol Moseley Braun of Illinois, who served one term in the 1990s. She was a giant in California politics, having been the first female mayor of San Francisco and a force in the state's Democratic circles. In the Senate, Feinstein was the first female chairwoman of the Senate Intelligence Committee and the first female top Democrat on the Senate Judiciary Committee. "Laphonza will carry the baton left by Sen. Feinstein (and) continue to break glass ceilings and fight for all Californians in Washington D.C.," Newsom said.
Persons: Kamala Harris, Laphonza Butler, Dianne Feinstein, Neneki Lee, California Sen, Butler, Gavin Newsom, Feinstein, Joe Biden, Democratic Sen, Carol Moseley Braun, Steven Horsford, Newsom, Harris, Katie Porter, Adam Schiff, Barbara Lee, Uber, Sen, Alex Padilla, Barbara Boxer, Moseley Braun, Sen . Feinstein Organizations: Senate, Capitol, Democratic, California Gov, Carol Moseley Braun of Illinois, Congressional, Caucus, CBC, House Democrats, California, Senate Intelligence, Washington D.C Locations: U.S, Washington , U.S, California, Washington, Carol Moseley Braun of, Butler, San Francisco
That could change on Wednesday when she becomes one of 75,000 workers who participate in the nation’s largest health care strike in history. During the Great Resignation in 2021-22, more than 5 million people left their health care jobs across the country. “Kaiser Permanente is not immune from these challenges.”While Kaiser admits to the difficult challenge of filling health care jobs, the stress to its current workers has contributed to increased labor tension in the health care industry. The increased number of health care strikes have happened despite health care workers making up only about 9% of private sector union members nationwide. “But for health care workers, it is different.
Persons: New York CNN — Savonnda Blaylock, she’s, Blaylock, we’re, , , Kaiser, We’ve, ” Kaiser, “ Kaiser Permanente, John August, Naniaka Camara, Camara, ” Camara, Bob Muehlenkamp, Muehlenkamp, Sal Rosselli, ” Rosselli, ECRI, there’s, Marcus Schabacker, ” Schabacker Organizations: New, New York CNN, Kaiser Permanente, Management, of Labor Statistics, Cornell University’s School of Industrial and Labor Relations, Kaiser, Montefiore Hospital, CNN, National Union of Healthcare Workers Locations: New York, California, Kaiser, California , Oregon, Washington , Colorado, Virginia, Washington, “ Kaiser, New York City, Bronx, York
Sign up to CNN Travel’s Unlocking Italy newsletter for insider intel on Italy’s best loved destinations and lesser-known regions to plan your ultimate trip. In 2021, Jeffrey Pfefferle bought two abandoned houses in the Sicilian town of Mussomeli. Jeffrey PfefferleThe couple bought it fully furnished: antique furniture, glass chandeliers, plates and blankets were left behind by the former owners. Once it’s fully renovated, it will be liveable.”The couple was last in Mussomeli in February to check on the works. ‘I can’t believe there’s community’The pair bought a turnkey property, and then a one-euro home.
Persons: we’ll, Stanley Tucci, Jeffrey Pfefferle, Leon McNaught, , , Sicily Mussomeli, expats, , Pfefferle, it’s, “ We’ve, , Sicily’s, Sicily, Stephan Knodler, Agenzia Immobiliare Organizations: CNN, intel, , Mussomeli, Palermo, Locations: Sicilian, Mussomeli, South California, Sicily, Campania, Zungoli, Rome, Southern California
Why health insurance is poised to make inflation jump
  + stars: | 2023-09-17 | by ( Greg Iacurci | ) www.cnbc.com   time to read: +2 min
Suriyapong Thongsawang | Moment | Getty ImagesWhy health insurance inflation is hard to measureHealth insurance prices are a tricky thing for economists to quantify. Instead, the agency measures health insurance inflation indirectly based partly on health insurers' profits. It appears that health insurance prices measured in the CPI "will start rebounding" again, said Andrew Hunter, deputy chief U.S. economist at Capital Economics. How health insurance profits affect inflationEarly in the Covid-19 pandemic, health insurers' profits jumped. Why health insurance inflation mattersThe U.S. Federal Reserve raised interest rates aggressively starting early last year to rein in persistently high inflation.
Persons: Suriyapong, Andrew Hunter, Mark Zandi, Zandi, Jerome Powell Organizations: BLS, Capital Economics, Health, Moody's, Consumers, U.S . Federal Reserve, Federal Reserve, Federal
Every seat in both the GOP-led state House and the Democratic-controlled state Senate is up for election. People sign a poster that reads "Elect More Women" during the Democratic rally in Glen Allen, Virginia, on September 9, 2023. Virginia House Democrats have run an ad highlighting nearby states’ stricter abortion laws and featuring a comment by a state House Republican candidate during the primaries that he would support a “100% ban” on abortion. “The Dobbs decision completely changed what Virginia voters are thinking about,” Mamie Locke, the chair of the Virginia Senate Democratic Caucus, said in a phone interview last month. Susanna Gibson, the Democratic nominee for Virginia House District 57, speaks to the crowd during the rally in Glen Allen, Virginia, on September 9, 2023.
Persons: Glen, Sen, Siobhan Dunnavant, Schuyler VanValkenburg –, , Glenn Youngkin, Sue Geller, Schuyler VanValkenburg, Tim Kaine, Rebecca Wright, ” VanValkenburg, Roe, Wade, “ There’s, ” Virginia Sen, Abigail Spanberger, Donald Trump, Kaine, CNN Kaine, Mark Warner, Joe Biden, Biden, Dunnavant, – she’s, shouldn’t, , Dobbs, ” Dunnavant, Ronna McDaniel, Mitch McConnell –, ” Liesl Hickey, Tammy Campbell isn’t, Glen Allen, ” “, , VanValkenburg, It’s, Campbell, we’re, ” Campbell, , “ MAGA, ” Mamie Locke, Scott Kozar –, VanValkenburg’s –, Eric Cantor, Dave Brat, Arnold Palmers, Susanna Gibson, CNN Gibson, CNN she’s, Gibson, David Owen, homebuilder, Owen, I’m, ” Owen Organizations: Virginia CNN, GOP, Republican, broach, OB, Democratic, GOP Gov, CNN, Democratic Rep, Democratic National Committee, Festival of India, Greater, Greater Richmond Convention, Virginia Senate, Festival of, Washington Post, Schar, Virginia voters, Republicans, Virginia, Democrats, “ MAGA Republicans, Virginia Democrats, Virginia Senate Democratic Caucus, , Virginia House District, Richmond Times, Dispatch Locations: Glen Allen, Virginia, Henrico County , Virginia, Richmond, , Del, Glen Allen , Virginia, Roe , Virginia, Southern, Greater Richmond, Festival of India, Richmond , Virginia, Washington, Richmond want Virginia, Ohio, Spanberger
To that effect, here are five attractive dividend stocks, according to Wall Street's top experts on TipRanks, a platform that ranks analysts based on their past performance. The analyst increased his price target for Verizon stock by $1 to $40, while maintaining AT&T's price target at $17. Also, he expects the prospects for improved free cash flow to lower net debt leverage and support the dividend payments. That said, with expectations of higher cash flow generation, Crum said that "the company should have more flexibility around growing its dividend going forward." (See Hasbro Stock Chart on TipRanks)Dell TechnologiesNext up is Dell (DELL), a maker of IT hardware and infrastructure technology, which rallied after its fiscal second-quarter results far exceeded Wall Street's estimates.
Persons: Hans Vestberg, Brendan McDermid, Wall, Michael Rollins, Rollins, MDT, Rick Wise, Geoff Martha, Wise, Drew Crum, Crum, TipRanks, Amit Daryanani, Daryanani, Dell Organizations: DELL, Verizon, New York Stock Exchange, Analysts, Verizon Communications, Citi, AT, Verizon Hedge, Hasbro, Dell Technologies, Dell, TipRanks, GPU, Walmart, &' $ Locations: New York, U.S
Two members of the Little Rock Nine criticized a state decision regarding an AP African American Studies course. In the North Little Rock and Jacksonville North Pulaski school districts, officials announced that the course would count as a "local elective" instead. In interviews with NBC News, Little Rock Nine members Elizabeth Eckford and Terrence Roberts spoke out against the state's actions. The AP African American Studies course was offered by Central High during the previous school year, and it will also be an option for students during the new school year. Huckabee Sanders, who was elected to the governorship last November after serving as White House press secretary under then-President Donald Trump from 2017 to 2019, is also a graduate of Central High.
Persons: Huckabee Sanders, Sarah Huckabee Sanders, Elizabeth Eckford, Terrence Roberts, Eckford, Roberts, Donald Trump Organizations: Little Rock Nine, AP, American Studies, Gov, Service, Little, Rock Central High School, Arkansas Department of Education, Studies, Arkansas, Jacksonville North, Republican Gov, NBC News, Republican Party, Fox News, AP African American Studies, Central High, White, Central Locations: Wall, Silicon, Little Rock, Jacksonville North Pulaski, America
“It doesn’t feel right,” said Jessica Campos, 41, a parent at Pugh Elementary, a Spanish dual-language school slated for immediate changes. Schools will also hire community members to teach elective courses like photography and spin classes. Miles has said that given limited space and resources, the decision was a trade-off and that students in schools where libraries have been converted into team rooms would still be able to borrow books before or after school. “He’s gone too far, and he’s dismantling the largest educational district in the state of Texas,” Mr. Turner said of Mr. “You cannot have a situation where you are closing libraries for some schools in certain neighborhoods, and there are other neighborhoods where there are libraries, fully equipped.
Persons: , Jessica Campos, we’re, Miles, Sylvester Turner, He’s, ” Mr, Turner Organizations: Pugh, Houston’s Locations: Spanish, Texas
One Florida teacher told Insider she feels like she has to be careful about what she says for the first time in her 15-year career. "I think it kind of puts any kid in Florida at a disadvantage," the teacher told Insider. A day later the Florida teacher's union accused DeSantis of using an "extremist agenda" to censor the AP Psychology course. the AP Psychology teacher in Broward asked. The teacher said AP Psychology also helps students get mental health information they wouldn't have access to otherwise.
Persons: wasn't, Shel Silverstein, Peter Licata, Ron DeSantis, DeSantis, it's, I've Organizations: Board, Service, College Board, AP, The Washington Post, AP Psychology, Florida Florida Gov, Florida State, of Education Locations: Florida, Wall, Silicon, Broward County, The Washington Post . Broward County, Florida Florida, Broward
In 2019, the Dawkins family – Nadine, 59, her husband, Kim, 61, and their children Lorenzo, 29, and DeNae, 27 – bought a charming home in the town of Latronico. Reading the article at her home in El Paso, Texas, Nadine Dawkins, a retired former soldier and businesswoman, felt the pull of her ancestry. The family will be shortly moving to Panama before taking the final leap across the Atlantic to Latronico. Clint Jeffrey was Dawkins' Italian ancestor. Nadine DawkinsOnce in Italy, Nadine hopes to be able to start tracking down the real identity and origins of her Italian ancestor.
Persons: Dawkins, Nadine, Kim, Lorenzo, , Nadine Dawkins, , Clint Jeffrey, Nadine doesn’t, Lucinda, Jeffrey, , ” Nadine, Kim Dawkins, George Floyd, Vincenzo Castellano, , casalatronica.eu, Latronico – Castellano, Mariangela Tortorella –, Castellano –, , Castellano, “ We’ve, Lucinda –, Latronico Organizations: CNN, Reading, CNN Travel, USA Locations: United States, Latronico, Basilicata, El Paso , Texas, Italian, America, Italy, States, Arkansas, Panama,
Scholars and educators are increasingly using TikTok to share history that’s seldom found in textbooks — and their content is finding an audience. TikTok can fill in educational gapsKahlil Greene, known as Gen Z Historian on TikTok, is one of several educators on the platform who have built up a following around sharing little-known history. While some lawmakers and officials try to limit such instruction, that knowledge can be vital for students, said Ernest Crim III, a former high school history teacher who now makes educational content for TikTok. In fact, his educational content has resonated so widely that he left classroom teaching to make social media content full-time. TikTok educational content can empower communitiesEducational content on TikTok can also provide avenues for exploring one’s identity.
Persons: weren’t, Kahlil Greene, Greene, Martin Luther King Jr, , ” Greene, Ernest Crim III, Crim, Ernest Crim III “, , TikTok, Carter G, Woodson, Henry Box Brown, Bill Darden, Viola Liuzzo, Selma, Moses Fleetwood Walker, Jackie Robinson, , Ava DuVernay, ” Crim, Aslan Pahari, he’s, Pahari, — Pahari’s, “ I’m, they’re, “ They’re Organizations: CNN, Yale University, New York Times, University of California, Los Angeles School of Law, Facebook, Major League Baseball, MLB, Australian National University Locations: TikTok, , White, California, Texas, Chicago, Black, Montgomery, Hughley, Sydney, South Asia, Central Asia, India, Afghanistan, Australia, Khyber Pakhtunkhwa, Punjab, Pakistan, West
A judge sided with women who were denied abortions in the first case of its kind since Roe v. Wade's overturn. The Texas judge ruled abortions are legal in dangerous pregnancies or cases of fetal anomalies. Then, the state of Texas stepped in, effectively blocking the judge's ruling through an appeal. A spokesperson from the state attorney general's office called the judge's ruling "an activist Austin judge's attempt to override Texas abortion laws," according to the Statesman. The plaintiffs include several women who were denied abortions in Texas along with multiple obstetrician-gynecologists, according to a press release from the center.
Persons: Roe, Wade, Jessica Mangrum, Travis County, Austin judge's, Molly Duane, It's, Duane, Nancy Northup Organizations: Service, Austin American, Statesman, for Reproductive Rights, Texas, Center for Reproductive Rights Locations: Texas, Wall, Silicon, Travis
Humana (HUM) reported second-quarter results Wednesday that were much better than feared, sending its stock price soaring and giving us the confidence to stick with the jilted health insurer. Not only did second-quarter numbers top expectations, but management offered assuring commentary on the worrisome medical-cost trends that torpedoed its stock price in mid-June . That one-two punch explains the more-than-5% jump in Humana shares, pushing the stock to its highest levels since June 14. Outlook Humana raised its outlook for 2023 individual Medicare Advantage membership growth by 50,000 to roughly 825,000 members, representing an 18% increase compared with enrollment levels at the end of 2022. Capital allocation Humana CFO Susan Diamond said the company has capitalized on the "recent dislocation" in its stock price — i.e.
Persons: MLR —, Wall, Bruce Broussard, , Broussard, Susan Diamond, Humana, Jim Cramer's, Jim Cramer, Jim, Ty Wright Organizations: Revenue, Humana, Club, UnitedHealth, Management, Insurance, CNBC, Bloomberg, Getty Locations: Louisville , Kentucky
All three major averages advanced for the week, powered by strong mega-cap earnings and favorable inflation data. Looking to next week, earnings season enters its second half with the last of our mega-caps — Apple (AAPL) and Amazon (AMZN) — set to report on Thursday. We'll get a better read on the employment picture on Wednesday with the ADP report and then, more importantly, on Friday's nonfarm payrolls report for July. Thursday after the close brings us to the main events of the week: Earnings from Apple and Amazon. For those looking to review first quarter performance ahead of these releases, be sure to keep our first-quarter earnings report card handy.
Persons: We'll, that's, Stanley Black, Decker, Emerson, Bausch, Leggett, Platt, SIRI, Ares, COLM, PERI, Kraft Heinz, Phillips, Ferrari N.V, Johnson, Robinson, COOK, BUD, Kellogg, Papa, Pitney Bowes, Parker, Trimble, Ziff Davis, Nonfarm, Jim Cramer's, Jim Cramer, Jim, Apple Tim Cook, Kevin Dietsch Organizations: Nasdaq, Dow, Federal Reserve, Federal, ISM Manufacturing, Services PMI, Investors, Caterpillar, Devices, Starbucks, Natural Resources, AMD, Management, Emerson Electric and, Humana, Bausch Health, Apple, Microsoft, Resource Partners, AerCap Holdings, CNA Financial Corp, CNA, Apellis Pharmaceuticals, Bank, SJW, Hutchison China MediTech, Camtek Ltd, Silvercrest Asset Management, Loews Corp, Oxford Lane Capital Corp, Banco Santander, Silicom Ltd, SuperCom Ltd, Arista Networks, Avis Budget Group, Diamondback Energy, Lattice Semiconductor Corp, Republic Services, Yum China Holdings, Western Digital Corp, Power Systems, Tenet Healthcare Corp, Vornado Realty, BioMarin Pharmaceutical, PetMed, SBA Communications Corporation, Brixmor, Snack Foods Corp, Cushman & Wakefield, Sanmina Corporation, TFI, PMI, Cruise Line Holdings Ltd, Uber Technologies, Pfizer, Enterprise Products Partners, Merck, JetBlue Airways Corporation, Allegro MicroSystems, Altria, SunPower Corp, SiriusXM Holdings, Molson Coors Beverage, Marriott International, Toyota Motor Corp, BP, SYSCO Corp, Marathon Petroleum Corp, Ares Management, Equitrans Midstream Corporation, Game Technology, Illinois Tool, IDEXX Laboratories, Rockwell Automation, Packaging International Corp, Gartner, Zebra Technologies Corp, IQVIA Holdings, Oshkosh Corporation, Leidos Holdings, Eaton Corp, yte Corp, Lear Corp, Starbucks Corp, Devon Energy Corp, SolarEdge Technologies, Lumen Technologies, Virgin Galactic Holdings, Caesars Entertainment, VF Corp, Sciences Corp, Paycom, Vertex Pharmaceuticals, Suncor Energy, Holdings, Chesapeake Energy Corp, Boston Properties, American International Group, AIG, Allstate Corp, Aspen Technology, Electronic Arts, EA, Flowserve Corporation, Denny's, Corp, Prudential Financial, Store, Ternium S.A, Vimeo, Emerson, Lomb, CVS Health, Generac Holdings, Cameco Corp, Perion Network Ltd, Builders, Carlyle Group, Scorpio, Teva Pharmaceutical Industries, Ltd, Rithm Capital Corp, AeroSystems Holdings, Vertiv Holdings Co, Johnson Controls, CDW Corp, DuPont, Brands Holdings, Scotts Miracle, Gro, SMG, Brands, Allegheny Technologies, AmerisourceBergen Corporation, ABC, Real Estate Corporation, Adient plc, Editas, Garmin Ltd, WWE, Bunge Ltd, Criteo S.A, PayPal, QUALCOMM, Occidental Petroleum Corp, Apache Corp, Albemarle Corp, MGM Resorts International, MGM, Marathon Oil Corp, Joby Aviation, Industrial, CF Industries Holdings, Goodyear Tire &, Realty ome Corp, Metlife, Pacific Biosciences of, Rush Street Interactive, Zillow, JFrog Ltd, Herbalife Nutrition Ltd, Simon Property Group, McKesson Corp, Storage, Cerus Corporation, GXO Logistics, MAX Holdings, Health, Anheuser, Busch InBev, Warner Bros ., Cheniere Energy, ConocoPhillips, Hasbro, CIGNA Corp, Lantheus Holdings, Regeneron Pharmaceuticals, Fiverr International, Air Products & Chemicals, TopBuild Corp, EPAM Systems, Lightspeed Commerce, Aurinia Pharmaceuticals, Cummins, CMI, Slair Corporation, Starwood Property Trust, Vulcan, Alnylam Pharmaceuticals, New Energy Corp, Cedar Fair Entertainment, Intellia Therapeutics, Lending, Privia Health, Dickinson, Chimera Investment, CIM, Hyatt Hotels Corp, Lion Electric, LEV, Deluxe Corp, Murphy Oil Corp, PBF Energy, Papa John's, Targa Resources Corp, Wix.com Ltd, Apollo Global Management, LLC, Butterfly, Sempra Energy, Aptiv PLC, Brookfield Infrastructure Partners, Canada Goose Holdings, Hannifin Corporation, WESCO International, WCC, Arrow Electronics, Constellation Energy Group, Midstream Partners, Coinbase, Petroleo Brasileiro SA Petrobras, Gilead Sciences, Opendoor Technologies, Booking Holdings, Atlassian Corporation, International, Redfin Corporation, Motorola Solutions, Monster Beverage Corporation, Consolidated Edison, Rocket Companies, Apple Hospitality, Cirrus, Resources, Universal Display Corporation, Chesapeake Utilities Corp, Social, Defense, Security Solutions, Post Holdings, Tandem Diabetes Care, Nikola Corporation, Magna International, Dominion Energy, ACM Research, Frontier Communications, Brookfield Renewable Partners, inTEST Corporation, American Pipeline, TELUS International, XPO Logistics, Fluor Corp, Gray Television, Cboe, LyondellBasell Industries, Twist Bioscience, Global, Jim Cramer's Charitable, CNBC, Allen & Company Sun Valley, Getty Locations: U.S, China, India, Oxford, Chile, Illinois, Columbia, Pacific, Pacific Biosciences of California, Southern, PBI, Gilead, Sun Valley , Idaho
LONDON, July 17 (Reuters) - Senior doctors in England will hold two days of strikes in August, their union the British Medical Association (BMA) said on Monday, dismissing a 6% pay rise announced by government last week as a "savage" real-terms wage cut. Sunak last week described recent public sector pay increases as a final settlement, warning they would cost billions, require budget cuts elsewhere, and would not be subject to further negotiation. While teaching unions paused strikes and recommended accepting their deal, doctors' unions were unimpressed after what they say have been years of pay erosion for their members. "The government has once again imposed a savage real terms pay cut on consultants," said Vishal Sharma, the BMA's consultants committee chair. This week's strikes will be the first by consultants in the current pay dispute and are expected to put the NHS under serious strain.
Persons: Rishi Sunak's, Vishal Sharma, William James, David Holmes Organizations: British Medical Association, BMA, National Health Service, Thomson Locations: England, Sunak
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