Late-year spike in medical costs forces Humana to scale back profit expectations for 2023
Shares of Humana tumbled Thursday after the health insurer said it was dealing with higher-than-expected costs from its Medicare Advantage…
Month: January 2024
Goodyear Tire & Rubber names Stellantis executive Mark Stewart as its new CEO
Goodyear Tire & Rubber Co. has named former Stellantis executive Mark Stewart as its new CEOByThe Associated PressJanuary 18, 2024,…
Stock market today: Wall Street holds steadier as pressure eases from the bond market
HONG KONG -- Asia markets mostly advanced Friday after Wall Street recouped most of the week's earlier losses and Japan…
The drop in Panama Canal traffic due to a severe drought could cost up to $700 million
A severe drought that began last year has forced authorities to slash ship crossings by 36% in the Panama Canal,…
AI is the buzz, the big opportunity and the risk to watch among the Davos glitterati
DAVOS, Switzerland -- Artificial intelligence is easily the biggest buzzword for world leaders and corporate bosses diving into big ideas…
Tata Steel announces plans to cut 2,800 jobs in a blow to Welsh town built on steelmaking
LONDON -- Indian firm Tata Steel announced Friday it will close both blast furnaces at its plant in Port Talbot,…
Crisis-ridden Sri Lanka’s economic reforms are yielding results, but challenges remain, IMF says
The International Monetary Fund says debt-stricken Sri Lanka’s economic reform program is yielding the first signs of recovery, but the…
EU official praises efforts by Poland’s new government to restore the rule of law
European Union Commissioner for Justice Didier Reynders has praised efforts by Poland's new pro-EU government to restore the rule of…
Ford cuts production of F-150 Lightning pickup on weaker-than-expected electric vehicle sales growth
Ford says it’s reducing production of the F-150 Lightning electric pickup vehicle as it adjusts to weaker-than-expected electric vehicle sales…
Los Angeles Times guild stages a 1-day walkout in protest of anticipated layoffs
Guild members of the Los Angeles Times have participated in a one-day walkout to protest imminent layoffsByThe Associated PressJanuary 19,…