Tag Archives: finance

$165 Million Fine for UnitedHealth Group

The LARGEST medical insurance company to date; $50 Million paid out to Consumers, $115 million in civil penalties as ordered by the office above the Massachusetts Consumer Protection Act. Court Order Link Included! I believe the $115 Million should be directed towards Consumers, but hey, it’s some kind of win! HealthMarkets Inc, The Chesapeake Life … Continue reading $165 Million Fine for UnitedHealth Group

Big Lots – Survival of 200-400 Stores and 900 closing!

Retailer Big Lots on Tuesday received a bankruptcy judge’s approval; allowing 200 to 400 stores to remain open under new ownership. IF the transaction can be finalized! Quoted, https://www.biglots.com/ 01/02/2025 SOME JOBS SAVED! U.S. Bankruptcy Judge Kate Stickles has approved a revised asset sale for Big Lots during a court hearing in Wilmington, Delaware, marking … Continue reading Big Lots – Survival of 200-400 Stores and 900 closing!

Elon Musk – Strength Against Government Spending!

Elon Musk – Strength Against Government Spending! Mr. Musk Wields Political Influence Amid Government Shutdown Talks IMPORTANT political news today, Mr. Musk displays his strength in spending. Forcing those back to the drawing board. in the middle of the government shut-down talks. Most importantly, he is using his platform, X to spread the news and … Continue reading Elon Musk – Strength Against Government Spending!

Macy’s to Close 65-150 Stores 45 Bloomingdale’s, issues Layoffs!

Macy’s to Close 65-150 Stores 45 Bloomingdale’s, issues Layoffs! The major retailer is restructuring. Macy’s Inc., once a leading name in American retail, has announced an accelerated plan to close 65 stores by the end of the year, as part of a broader effort to shutter 150 underperforming locations over three years. This decision, revealed … Continue reading Macy’s to Close 65-150 Stores 45 Bloomingdale’s, issues Layoffs!

JOBS LOST! Within 1 Month, Spirit and GO Airlines Files for CHA11 Bankruptcy Protection?

This does mean jobs lost, restructure or even out of business! There will be layoffs! Hate the budget airlines all you want, they still provide a means for MANY to travel affordably! Spirit Airlines, the largest budget carrier in the U.S., filed for Chapter 11!! 11/18/2024! The filing followed years of struggles for the Florida-based … Continue reading JOBS LOST! Within 1 Month, Spirit and GO Airlines Files for CHA11 Bankruptcy Protection?

UnitedHeath Group CEO, Brian Thompson,

Brian Thompson, CEO of UnitedHealthcare, was fatally shot outside the Hilton hotel in Midtown Manhattan on December 4, 2024, in what authorities describe as a “targeted attack.” The assailant, using a firearm possibly equipped with a silencer, fired multiple shots at Thompson before fleeing on an e-bike. The suspect, seen on surveillance footage wearing a … Continue reading UnitedHeath Group CEO, Brian Thompson,