Business News, Today's Business News Headlines

Health insurer UnitedHealth Group Inc. (NYSE: UNH) announced Wednesday that its OptumInsight division will acquire Change Healthcare Inc. (NASDAQ: CHNG) for $25.75 per share in cash. Including Change Healthcare’s outstanding debt of around $5 billion, the value of the acquisition totals around $13 billion. OptumInsight is the UnitedHealth segment that […]

Nostrum Labs Expands Recall Of Diabetes Drug Metformin

Nostrum Laboratories, Inc. has extended its recall for type 2 diabetes medication Metformin Hydrochloride Extended-Release (ER), in the form of 750 mg oral film-coated tablets, for the potential presence of nitrosamine impurity, N-Nitrosodimethylamine (NDMA), above levels of the Acceptable Daily Intake Limit (ADI), the U.S. Food and Drug Administration or […]

Major Surge In US COVID Deaths, Infections

A sudden rise in two key metrics that measure the pandemic’s severity was reported in the United States on Tuesday. With 3,756 additional fatalities reporting in the last 24 hours, the total U.S. death toll from the deadly disease rose to 357377, as per latest data from the Johns Hopkins […]

Bitcoin crosses $35,000 for the first time as trading volumes sky rocket to record high after Democrats win Senate | Currency News | Financial and Business News

Yuriko Nakao/Getty Images Bitcoin crossed $35,000 for the first time on the same day Democrats won the runoff elections in Georgia and took control of the Senate. US economists suggest that a Democratic Senate would likely lead to another round of large fiscal stimulus, crimping demand for assets like the […]

‘Economy well placed to capitalise on recovery in 2021’

‘The financial sector’s performance in the first two quarters was a revelation.’ ‘It clearly showed the clean-up had been done in the past one-and-a-half years and that capital brought in was significantly stronger.’ With better-than-expected performance by Corporate India in the second quarter, the economy is better placed to capitalise […]

Citi just snagged a wunderkind from Credit Suisse to lead its equities research as it looks to climb the league tables

Lucy Baldwin has joined Citigroup as the firm's new global head of independent research. The news, which was first reported by Financial News on Tuesday morning, comes following Insider's report on Monday night that Baldwin had departed from Credit Suisse. Baldwin has long been a rising star in finance. She […]

4 things business owners can do right now to prepare for the next round of PPP loan applications

The US Small Business Administration is expected to release details about the next round of Paycheck Protection Program loans on January 6. Once that happens, lenders will be able to prepare their application processes, which should begin next week. In the meantime, business owners can prepare by gathering documentation, reaching […]

DIGITAL HEALTH STARTUPS TO WATCH: An inside look at the top US startups transforming healthcare through AI, telehealth, and medical devices

Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Digital Health industry with the Digital Health Briefing. For a limited time, you can try the Briefing for a full week for just $1! The following is a preview of one Digital Health report, the Digital Health Startups to […]

A researcher who studied over 600 millionaires found they do 3 things to forge a clear path to financial independence

To achieve financial independence — or to no longer work to live — most millionaires follow a similar path, according to a researcher who has studied more than 600 millionaires. They share three traits: spending below their means, finding a side hustle, and moving to self-employment. These ultimately allow them […]

The 5-step plan all candidates should follow when applying for jobs in 2021, according to Glassdoor's CEO

Christian Sutherland-Wong, CEO of job search giant Glassdoor, said virtual hiring is a trend that will continue into 2021 and beyond. It can be daunting to apply virtually, but there are some ways you can set yourself up for success. Sutherland-Wong shared a 5-step plan candidates can use to get […]