Business

UnitedHealth shares jumped 1 percent in premarket trading Tuesday after it reported fourth-quarter earnings that beat Wall Street’s expectations. Here’s UnitedHealth’s results vs. what Wall Street expected: Earnings: $3.28 per share vs. $3.21 per share, forecast by Refinitiv. Revenue: $58.42 billion vs. $58.01 billion, forecast by Refinitiv. UnitedHealth expects full-year earnings in the range of
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Canopy Growth has been granted a license by New York State to process and produce hemp with the help of efforts by Governor Andrew Cuomo and U.S. Senator Charles Schumer. Canopy Growth hopes to establish large-scale production capabilities focused on hemp extraction and product manufacturing within the United States. Depending on Board approval of a
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Chinese consumers are starting to “take sides” as the U.S.-China trade dispute rages on, and that could hamper the success of some U.S. companies, CNBC’s Jim Cramer said Friday. Perhaps it already is: U.S. tech giant Apple recently warned that its fiscal first-quarter results would miss expectations due to weaker-than-anticipated iPhone sales in China. Then,
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The union representing the United States’ air traffic controllers is suing the Trump administration over pay that’s frozen as part of the partial government shutdown, a sign of increasing tension between federal workers and the government as the impasse edges closer to becoming one of the longest ever. The Federal Aviation Administration’s air traffic controllers
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Aly Song | Reuters A man walking past a Huawei P20 smartphone advertisement is reflected in a glass door in front of a Huawei logo, at a shopping mall in Shanghai, China December 6, 2018.  Poland’s counterintelligence agency has arrested an employee of Chinese tech giant Huawei over spying allegations. According to Polish TV broadcaster
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ChinaFotoPress | Getty Images Residents shopping in a supermarket on August 9, 2013 in Lianyungang, Jiangsu Province of China. China’s producer inflation rose less than expected for the month of December to hit the lowest growth rate in two years, official data showed on Thursday. The Producer Price Index in December rose 0.9 percent on-year,
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It looks like there are more store closures looming in J.C. Penney‘s future. The department store chain on Tuesday said it would be closing three locations by this spring, as it continues to evaluate its real estate. It didn’t disclose the addresses of those three stores or how many additional stores it planned to close
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