UnitedHealth Group announced on Monday that it has taken the extraordinary step of paying a ransom to cybercriminals in an attempt to safeguard patient...

The U.S. Federal Trade Commission took action on Monday to stop the $8.5 billion purchase of Capri Holdings by Tapestry, the parent company of Coach and Kate Spade. This move pauses the deal for now. If it went through, it would bring together two big players in American luxury fashion. It would also mean that six famous fashion brands—Coach, Kate Spade, Stuart Weitzman, Versace, Jimmy Choo, and Michael Kors—would be under one roof. This could help them compete better against top European luxury brands like Burberry and Louis Vuitton. The FTC, in a statement, explained that if the companies merged, it could harm both shoppers and employees. It pointed out that Tapestry and Capri currently compete in various...

Donald Trump is set to receive an additional 36 million shares of Trump Media on Tuesday as an "earnout" bonus, potentially exceeding $1 billion in value based on Monday's closing price. For Trump to secure the earnout, Trump Media, the parent company of his Truth Social app, must trade above $17.50 per share by Tuesday's closing bell. With Trump Media trading double that amount on Monday, it seems highly likely that Trump will qualify for the share infusion, significantly boosting his net worth. Currently, Trump holds 78.75 million shares, making him the majority shareholder of the company. Former executives of Trump Media have recently filed to lift their six-month share lockup. Trump Media has experienced volatility since its public debut...