Business

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Humana’s Ratings Debacle Exacerbates Tough Year for New CEO

(Bloomberg) — Humana Inc. has lost about half of its market value this year as the health insurer faced one disaster after another. In the wake of another major setback Wednesday, investors are growing impatient. Most Read from Bloomberg The latest stumble focuses on crucial quality ratings that drive billions …

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Why Nikola Stock Jumped More Than 25% Today

Nikola (NASDAQ: NKLA) stock hit its 52-week lows on Sept. 26 and had plunged a staggering 82% year to date by yesterday’s market close. Today, shares of the electric vehicle (EV) maker skyrocketed and were up more than 25% as of noon Wednesday after the company reported record sales for …

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US Futures Drop in Nervy Wait for Israel Response: Markets Wrap

(Bloomberg) — US futures fell while Treasuries unwound some of the previous day’s gains as flaring tensions in the Middle East put markets in a wait-and-see mode. Most Read from Bloomberg With traders awaiting Israel’s response to a missile barrage from Iran, and Brent crude topping $75 a barrel, geopolitical …

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