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Trump stakes $3.4 billion on paper this Friday with his social network merger

March 22, 2024

Donald Trump does not stop these days to send messages to his followers asking for help to post bail of just over 450 million dollars for the civil fraud case for which he was convicted. The shareholders' meeting of the Digital World Acquisition Corp company votes this Friday on the merger with Trump Media& Technology Group, the company that owns his social…

UnitedHealth hack reveals gaps in doctors' cyberattack insurance

March 21, 2024

Many health care providers struggling to get paid after the hack of a UnitedHealth Group subsidiary are still trying to figure out if their cyberattack insurance will help cover their losses. Why it matters: Providers ranging from large health systems to small independent practices are racking up big bills and say efforts to advance payments while Change Healthcare restores medical…

The United Steelworkers’ long history of influencing Wall Street mergers

March 15, 2024

When President Biden spoke out Thursday against Japan-based Nippon Steel's planned $14.9 billion acquisition of U.S. Steel, it was a win for the United Steelworkers union — it's been blasting the deal for months.Why it matters: The union's political influence stems from labor's heightened leverage in an election year — but a less understood factor involves the Steelworkers…

Arizona leaders misled public about scope of Medicaid fraud crisis

March 15, 2024

EDITOR'S NOTE: This story was originally published by the Arizona Center for Investigative Reporting. In the 10 months since Arizona officials announced an investigation into massive Medicaid billing fraud, they've maintained the abuse was mostly limited to a small share of the Arizona Health Care Cost Containment System: behavioral health providers…

Health insurance CEOs rake in millions. Here’s the top 10 list

March 14, 2024

Meanwhile, the CEOs of the top 10 health insurance companies were paid between $13 million and $22 million in total compensation in 2022, including salary, bonuses and other pay, according to a Connecticut Office of Legislative Research report, issued Feb. 5. Joseph Zubretsky, CEO of Molina Healthcare, with only 2.16% of the market, was paid $22,131,256.

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