UnitedHealth's turnaround efforts underway
CNBC Television· 2025-08-21 15:03
As UNH CEO Steven Hemsley faces multiple challenges in his efforts to turn around the nation's largest health insurer. Let's get to Bertha Kums this morning at HQ for more. Morning Bertha. >> Morning Carl.You know during his first 10ear stint as CEO of United Health, Steven Hemsley was all about building the company's Optimum Services division into a healthcare juggernaut through acquisitions which saw profits grow more than 200%. Now his focus is a major rehabilitation of United Health struggling Medicare ...
TX State Dem allegedly threatened with a ‘felony’ for taking a call in State Capitol
MSNBC· 2025-08-21 14:56
All of our Democratic elected officials. Sorry, I have to leave. They said it's a felony for me to do this.Apparently, I can't be on the floor or in the bathroom. Well, you told me I was only allowed to be here in the bathroom. No, hang on.Bye, everybody. I've got to go. Hey, um that that's that is outrageous.First of all, let me tell you something. Representative Kier in the bathroom has more dignity than Donald Trump in the Oval Office. And Texas Democratic State Rep.Nicole Collier joins us now, notably f ...
Kansas City Fed president on mortgage fraud allegations against Fed Governor Cook
CNBC Television· 2025-08-21 14:45
we have responsibilities responsibilities as as uh professionals inside the Federal Reserve. I'm sure she'll handle matters as she needs to handle them. >> Um, is that a serious thing to do to write primary residence on two different mortgages.>> Let me say this, it's definitely part of the application. >> Yeah. >> But I also would say if we if you think about how huge that application is, maybe we could start thinking about how do we make it less paperwork intensive.uh as we go forward, do you worry at all ...
Arizona Iced Tea holds prices steady amid tariff squeeze
NBC News· 2025-08-21 14:44
Amid a global trade war and growing sticker shock for consumers, the price of one item has shockingly remained the same. A big can of Arizona iced tea still 99. Are you raising the prices of your big cans above 99.Right now, we have no plan to do it. Those iconic 99 cent cans cause the American company to use more than 100 million pounds of aluminum a year. In June, the White House announced that tariffs on aluminum and steel imports would double from 25 to 50%.How much more is a big can costing you to make ...
McDonald's plans to offer discounts on combo meals
NBC News· 2025-08-21 14:42
McDonald's plans to offer discounts on eight popular combo meals of up to 15% and five and $8 specials. The Wall Street Journal reports the move follows weeks of talks between McDonald's and its franchise operators. Now, the fast food giant saying it would offer financial support if franchises agreed to drop prices.McDonald's hasn't commented. ...
Eyewitness footage showed people fleeing from a fire at a check-in area at Milan's Malpensa Airport
NBC News· 2025-08-21 14:39
Eyewitness footage showed people fleeing from a fire at a check-in area at Milan's Malpensa Airport. For more context and news coverage of the most important stories of our day, click here: https://www.nbcnews.com » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews » Subscribe to Here's the Scoop podcast: https://www.nbcnews.com/heres-the-scoop-daily-podcast NBC News Digital is a collection of innovative and powerful news brands that deliver compelling ...
50 Point Fed Rate Cut Is Off the Table, Sonders Says
Bloomberg Television· 2025-08-21 14:38
Listen, we've had a little bit of a sell off over the past few days that seems to coincide with the risk of no rate cut rising. Are you concerned that the Fed at Jackson Hole may not signal that they're going back to cutting rates. You know, Matt, I'd be surprised if if Powell was explicit.This is a preplanned speech. It's about the the framework that the Fed operates under. And I think his formal comments will largely be about that with any kind of signaling.That doesn't mean the attention is not going to ...
Fed's Lisa Cook Says She Won't Be Bullied by Trump
Bloomberg Television· 2025-08-21 14:27
What does this pressure campaign look like when it comes to the US position of global trust across the world economy. I think it's important for us not to look at this as an attack on one individual Fed governor, but an attack on an institution and the independence of the Federal Reserve has been, at its core, central to the confidence that investors around the world have in the U.S. economy. You know, in my old job, one of the things I did was be with investors in the United States, the people around the w ...
Preliminary S&P global flash U.S. manufacturing PMI surprises to upside
CNBC Television· 2025-08-21 14:25
Yes, this is definitely the most important data of the morning. Watch yields firm up here. S&P Global, these are the PMIs and manufacturing and services and include the composite.They're August preliminary. In a couple weeks, we'll have uh better reads, maybe more precise, but these are nice. We're expecting a number under 50 for manufacturing.Not to be 53.3%. That is the best since May of 22. It reverses a sub50 read that we had.Obviously, it's not only if it's the best since 22, it's by far the best of th ...
Boeing Close to Selling 500 Planes to China
Bloomberg Television· 2025-08-21 14:24
I want to talk about this line in your story that this is contingent on the two nations diffusing the trade hostilities that hark back to Trump's first term in office. That feels like a pretty big if. It is a pretty big if.And I mean, obviously, aircraft deals have become a huge part of Trump's diplomacy efforts. And so every trade deal that he struck, we've seen an aircraft component in it. And so this would also be one of those deals or anything. This would be a far bigger and far bigger defining sort of ...