In a surprising turn of events, Stephen Hemsley is back as CEO of UnitedHealth after the abrupt departure of current leader Witty. The company faces significant challenges, including recent cyberattacks and rising medical costs.
Starbucks reported disappointing earnings, with same-store sales declining for the fifth consecutive quarter. However, CEO Brian Niccol claims the company's 'Back to Starbucks' strategy is starting to show promise. Discover the details behind the numbers!
PepsiCo's latest quarterly results reveal a decline in North American demand despite strong international sales. The company has cut its earnings forecast due to new tariffs and economic uncertainty, leading to a 2% drop in shares.
UnitedHealth Group's shares plummeted 23% in midday trading following a rare earnings miss, erasing nearly $120 billion in market value due to unexpected medical costs and higher care utilization.