UnitedHealth Group

👍 31%

👥 43% | 🌏 48% | 💰 49%
 

Care Clash

UnitedHealth, the nation’s largest health insurer, is trying to block an investor proposal to be more transparent with detailed reporting about how its practices of denying or delaying care affect public health and the economy.

The insurer contends that the proposal’s vague terms could misrepresent its care practices, further fueling a debate about proper industry practices in the wake of UnitedHealthcare’s CEO’s recent assassination.

Microsoft

👍 76%

👥 61% | 🌏 56% | 💰 61%
 

Quantum Leap

Microsoft has revealed a new quantum computing chip, Majorana 1, with breakthroughs that suggest that the era of practical quantum computing may be approaching faster than many anticipated.

The tech giant built the chip with advanced materials and prioritized error reduction, a key hurdle in quantum computing. They believe their design is more scalable and paves the way for vastly more powerful quantum computers in the not-too-distant future.

Nikola

👍 12%

👥 50% | 🌏 47% | 💰 43%
 

Complete Crash

Nikola, once a high-flying electric truck startup valued more than Ford, has filed for bankruptcy. The company couldn't secure enough funding or a buyer to stay afloat after a series of financial and production failures that began with its founder being convicted of fraud.

Despite eventually producing electric and hydrogen trucks, Nikola struggled with recalls, high production costs, and low demand.

PepsiCo Inc

👍 75%

👥 49% | 🌏 49% | 💰 58%
 

Unfair Pricing

PepsiCo is facing legal challenges over its pricing practices. Federal regulators and a group of convenience stores have filed lawsuits accusing the company of price discrimination and alleging that PepsiCo offered more favorable deals and discounts to large retailers like Walmart, leaving smaller businesses paying higher prices.

The snack and beverage giant disputes these claims, asserting that its pricing strategies are standard practice and don't unfairly favor specific retailers.

Citigroup Inc

👍 59%

👥 55% | 🌏 53% | 💰 49%
 

Turnaround Bonus

Citi has boosted CEO Jane Fraser's compensation by a hefty 33% to $34.5 million for 2024. The bank's board credited revenue growth, improved profits, and Fraser's restructuring efforts for the raise. She has been streamlining operations and reducing the workforce.

However, the Wall Street Giant still faces regulatory hurdles from past risk management and data control issues.