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UnitedHealth Group on Wednesday warned of rising costs later this year as Americans catch up on less urgent surgeries delayed by the coronavirus pandemic but stuck to its full-year forecast after posting a near 102 percent surge in quarterly profit. Shares of UnitedHealth, the first US health insurer to report second quarter results, were down …
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Apple on Wednesday was handed a major victory by Europe’s second-highest court, which rejected a European Union order for the tech giant to pay $15 billion in back taxes. It is the culmination of a tax battle that has been raging since 2016, when the European Commission ruled that Apple had artificially reduced its tax …
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China’s communist government has brought an end to the siege of Hong Kong, or at least a beginning of an end. Their secret police seized a 33-story hotel to establish a new headquarters in the city of nearly 7.5 million people who have lived most of their lives in a human rights-supporting, Western-style democratic system. No longer, …
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NBCUniversal’s Peacock streaming service is set to launch Wednesday, and it’s facing more than a few hurdles. The new video platform is banking on a cheap price that’s supported by ads as well as a catalog of shows like “30 Rock” and “The Office.” But it joins an already crowded landscape with well-established rivals like …
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The Supreme Court ruled early Tuesday morning that the Justice Department can resume its first federal executions in 17 years this week, hours after a D.C. judge issued an order temporarily halting the lethal injections. The unsigned, 5-4 opinion issued around 2 a.m. will allow four scheduled federal executions to proceed as planned and came …
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Boeing is scrambling to shore up financing for the 737 Max as it awaits regulatory approval for design changes after the plane was grounded following two fatal crashes, industry sources said. The company is anxious to resume deliveries once regulators declare it safe and airlines agree on training. But confidence in the jet has been …
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Donald Trump paid a friend to sit his SAT exams, his niece has claimed in a scathing tell-all memoir. Mary L Trump, a psychologist, wrote that the US president paid “Joe Shapiro, a smart kid with a reputation for being a good test taker” to take the exams, which are used for university admissions, to …
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Soon to be Marquette University freshman Samantha Pfefferle has yet to even step foot on campus, yet she said she is already facing possible dismissal from the school. The threat to cancel Pfefferle’s admission came after she posted a video to her account on the popular social media site TikTok showing her support for President …
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To know what the Chinese are really up to, read the futuristic novels of Liu Cixin. “We are in the foothills of a Cold War.” Those were the words of Henry Kissinger when I interviewed him at the Bloomberg New Economy Forum in Beijing last November. The observation in itself was not wholly startling. It had …
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WORLD WAR 3 tensions are at an all time high between China and the UK after the former threatened Britain with “corresponding measures” amid its condemnation of new security laws in Hong Kong. Yet, it isn’t the first time China has issued such a threat, with Beijing warning that it would take “hostile action” against …