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UnitedHealth Group CEO steps down; suspends 2025 outlook on higher-than-expected medical costs

UnitedHealth CEO Andrew Witty is stepping down for personal reasons and the nation’s largest health insurer suspended its full-year financial outlook due to higher-than-expected medical costs. UnitedHealth cut its 2025 forecast last month following it’s first quarterly earnings miss in more than a decade. Shares ...
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US senator calls for stronger ethics commitments from Trump deputy health secretary pick

By Ahmed Aboulenein WASHINGTON (Reuters) -Democratic U.S. Senator Elizabeth Warren called on President Donald Trump’s nominee for deputy U.S. health secretary to recuse himself from decisions related to former clients and employers in the healthcare industry for at least four years. Jim O’Neil, a health policy ...
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Hinge Health targets $2.6 billion valuation in NYSE IPO

(Reuters) -Digital health startup Hinge Health said on Tuesday it is targeting a valuation of up to $2.6 billion in its initial public offering in the United States. The San Francisco, California-based company, along with existing stockholders, plans to raise over $437 million by offering ...
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US Republicans kick off debate on Trump tax cut package, including within own party

WASHINGTON (Reuters) -Republicans in the U.S. House of Representatives on Tuesday will kick off their public debate on crucial elements of President Donald Trump’s tax cut and budget legislation, facing choices that may strain their narrow majority. The plan, which would extend tax cuts passed ...
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WHO warns of permanent impact of hunger on a generation of Gazans

GENEVA (Reuters) -Malnutrition rates are rising in Gaza and hunger could have lasting impacts on “an entire generation”, the World Health Organisation’s representative for the Occupied Palestinian Territory said on Tuesday. Rik Peeperkorn said he had seen children in clinics who looked years younger than ...
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Indian drugmaker Cipla beats quarterly profit view on strong demand

(Reuters) -Cipla, India’s third-biggest drugmaker by sales, reported a fourth-quarter profit that beat estimates on Tuesday, helped by strong demand for its drugs used to treat chronic conditions, especially respiratory illnesses. The company’s consolidated net profit came in at 12.22 billion rupees ($143.5 million) in ...
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Bayer posts smaller than expected drop in adjusted profit, shares jump

By Ludwig Burger FRANKFURT (Reuters) -Bayer on Tuesday posted a smaller decline in first-quarter adjusted earnings than investors had feared as strong prescription numbers for new drugs offset a drop in its seed businesses, boosting its shares. CEO Bill Anderson is under pressure from investors to ...
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Bayer posts smaller than expected 7.4% drop in quarterly adjusted profit

By Ludwig Burger FRANKFURT (Reuters) -Bayer on Tuesday posted a slower decline in first-quarter adjusted earnings than the market had feared as strong prescription numbers for new drugs offset a drop in its soy and cotton seed business. Quarterly earnings before interest, tax, depreciation and amortisation ...
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China says fentanyl issue is responsibility of the United States

BEIJING (Reuters) -The responsibility of tackling the fentanyl issue in the United States lies within the U.S. itself, China’s foreign ministry said on Tuesday, rejecting the punitive tariffs Washington imposed on Beijing for not stemming the inflow. China has repeatedly said fentanyl is a U.S. ...
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Pharma group Galapagos picks new CEO, backtracks on spinoff

(Reuters) -Pharmaceutical firm Galapagos has appointed Henry Gosebruch as its new CEO as it steers away from a plan to split into two listed entities, it said on Tuesday. The Amsterdam-listed group, headquartered in the city of Mechelen in Belgium, had said in January it ...
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What to know about California Gov. Gavin Newsom’s move to ban encampments

SAN FRANCISCO (AP) — California’s governor called upon the state’s cities and counties to ban homeless encampments this week, even providing blueprint legislation for dismantling the tents lining streets, parks and waterways throughout much of the state. Gov. Gavin Newsom, a Democrat, made homelessness a ...
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Mercury fuels gold mining in Senegal. And it’s poisoning the people who use it

KEDOUGOU, Senegal (AP) — The quickest way to separate gold from rock, Sadio Camara says, is with a drop of mercury. She empties a dime-sized packet of the silvery liquid into a plastic bucket of muddy sediment outside her home in southeastern Senegal. With ...
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