Health insurer lowers 2021 forecast amid pandemic costs
UnitedHealth Group cut its 2021 earnings outlook citing uncertain COVID-19 impact on care costs and potential drops in employer coverage as unemployment rises. The firm forecasts adjusted earnings of 17.75 to 18.25 dollars per share on revenue of 277 to 280 billion dollars.
MENTIONED IN THIS ARTICLE
UnitedHealth
Nasdaq pushes board diversity rule for Nasdaq listed firms
Nasdaq seeks SEC approval to require diverse board representation for most listed companies. The rule would mandate disclosure of board diversity statistics and require at least two diverse directors, with phased timelines by market tier. Firms failing to meet targets must publish reasons but face no delisting.
MENTIONED IN THIS ARTICLE
Nasdaq Stock Exchange
U.S
U.S. Securities and Exchange Commission
Adena Friedman
CNBC
New York Stock Exchange
SEC
Friedman
Nasdaq
Debenhams to wind down as UK retail hit hard
Debenhams, a 242 year old department store chain, begins winding down after a buyer pulled out, risking 12 000 jobs. Arcadia Group also in administration, marking a double blow to Britain’s faltering retail sector amid lockdown.
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London
Britain
Debenhams
Arcadia Group
Climate activists sue Shell over 2030 emissions goals
The Hague court hears a civil case led by Milieudefensie and ActionAid Netherlands with thousands backing to force Royal Dutch Shell to cut global greenhouse gas emissions by 45 percent by 2030. Shell argues it is transitioning away from fossil fuels and cautions against broad legal impact.
MENTIONED IN THIS ARTICLE
Hague
Netherlands
Shell
Roger Cox
Hague District Court
Royal Dutch Shell
Cox
Nils Mollema
ActionAid Netherlands
Horeman
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Lebanon
World Bank
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Germany
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Associated Press
Alliance For Board Diversity
Deloitte
Ame l
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ST School
United States
Times Square
New York
Seth Wenig
Philip Green
England
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Arcadia
Burton
Miss Selfridge
Topshop
Primark
ASOS
Boohoo
William Clark