The CEO of UnitedHealth Group said Thursday that shortcomings of America’s health care system must be addressed. On the company’s first earnings call…
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Pepsi sued by federal regulators for giving Walmart preferential soft-drink pricing
The Federal Trade Commission said Friday that it is suing PepsiCo for illegal price discrimination, alleging the food and beverage giant gave an unnamed retailer more favorable…
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Vanguard fined more than $100 million by SEC over violations involving target date retirement funds
Asset management giant Vanguard has been fined more than $100 million to settle charges related to disclosures around target date investment funds, the Securities and…
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Investors pitch new international basketball league that would offer players equity
A group of high powered investors want to raise billions to form a new international basketball league, according to people familiar with the…
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American Express to pay $230 million to settle DOJ fraud probe, deceptive marketing claim
American Express will pay a total of about $230 million to resolve federal wire fraud investigations, and to settle civil allegations of deceptive marketing,…
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Target says its holiday sales were better than expected — but its profits weren’t
Target raised its fourth-quarter sales forecast Thursday after more consumers turned to its stores and website for holiday shopping — particularly on days known…
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JPMorgan Chase on Wednesday posted record quarterly and annual earnings and revenue, reinforcing the company’s status as the biggest and most profitable bank in…
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Numerous Citibank customers reported receiving fraud alerts and having difficulty accessing their accounts Wednesday. According to DownDetector.com, which tracks reports of digital services…
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Biden administration seeks to avoid default crisis for student loan borrowers as garnishments resume
This year, for the first time in roughly five years, borrowers who have defaulted on their federal student loan debt will face collection…
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Capital One said an unspecified technical issue was hampering customer account access, as some users reported issues with direct deposits. In response to…