British-Australian mining giant Rio Tinto and two of its former executives have been charged with fraud in the US, accused of hiding losses by inflating the value of African coal assets. It bought the Mozambique assets in 2011 for $3.7bn (£2.8bn) and sold them
Women and people of color still hold few leadership positions at large American companies. Among the 500 highest-grossing firms, 6.4%have female CEOs. That’s up from 4.2% last year, but it means there are still only 32 female CEOs in the set. And not a single one of
UnitedHealth, the largest U.S. health insurer, reported a stronger-than-expected quarterly profit and raised its full-year earnings forecast, helped by strength in its pharmacy benefit management business. UnitedHealth, the bellwether for the industry, is the first health insurer to report earnings a week after U.S.
Insurers stake their businesses on their ability to accurately price risk when writing policies. Many data points go into calculating the premium for a home or auto policy, but a key factor is location, whether it’s due to the area’s vehicle density or crime
By taking action to kill the cost sharing reduction (CSR) subsidies of the Affordable Care Act last week Trump claims that he has stopped what he has called an “insurance company bailout.” But is that what he has actually done? Or, has he created