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An Orthodox Jewish passenger says a United Airlines pilot forcibly removed him from an airplane bathroom while he was experiencing constipation, exposing his genitalia to other flyers during a flight from Tulum, Mexico, to Houston. Yisroel Liebb, of New Jersey, described his trip through allegedly unfriendly skies in a federal lawsuit this week against the airline and the U.S. Department of Homeland Security, whose officers he said boarded the plane upon landing and took him away in handcuffs. Liebb and a fellow Orthodox Jewish traveler said the pilot made disparaging remarks about their faith. They said they were forced to miss a connecting flight to New York City whil…
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The battle for overhead bin space on flights is likely to intensify as United Airlines announced it will increase the checked bag fees starting Friday. It will now cost $10 more to check luggage for passengers traveling on flights in the U.S., Mexico, Canada, and Latin America. Since the airlines often move in tandem on ancillary fees like checked bags, this could mark the beginning of a trend ahead of the busy summer travel season. Earlier this week, JetBlue Airways raised its prices for checked bags by $4 to $9 per bag, depending on whether passengers are flying during peak or off-peak periods, with the highest fee now coming in at $49. Airlines are grappling w…
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Few sectors of the economy show the growing divide between the haves and have-nots more than the airline industry, which is increasingly catering to high-income fliers in an effort to squeeze as much revenue per available seat mile as possible. United Airlines, which just announced newly designed economy seats you can lie flat and sleep on, found a clever way to appeal to everyone by bringing the couch to coach. This week, the airline announced what it calls “United Relax Row,” a row of three seats that transform into a single lie-flat space. The seats will begin appearing on United aircrafts in 2027. Reaction online to the airline’s announcement was joyous. “Uni…
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Shares of UnitedHealth Group (NYSE: UNH) plunged by more than 22% Thursday morning after the company reported underwhelming first-quarter earnings and revised its full-year outlook. The health insurance giant lowered its 2025 earnings forecast, now projecting net earnings of $24.65 to $25.15 per share and adjusted earnings of $26.00 to $26.50 per share. This marks a downgrade from its January guidance, which anticipated net earnings between $28.15 and $28.65 per share and adjusted earnings in the range of $29.50 to $30.00 per share. “UnitedHealth Group grew to serve more people more comprehensively but did not perform up to our expectations, and we are aggressiv…
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The stock price of UnitedHealth Group (NYSE: UNH) is sinking yet again this morning after reports that the private healthcare company is now under criminal investigation by the Department of Justice (DOJ) over possible Medicare fraud. The company says it has not been notified by the DOJ about the alleged investigation, which was reported by the Wall Street Journal. As of the time of this writing, UNH shares are currently down over 6% to $289.20 per share in premarket trading. UNH shares have not seen that low since 2020. Before today’s premarket fall, UNH shares had already been hammered since 2025 began. The stock closed at $308 yesterday, marking a more th…
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UnitedHealth Group, America’s largest insurer, is facing yet another crisis. The company’s stock price (NYSE: UNH) plummeted in early trading this morning after a new report alleged that the private insurance provider is facing a probe from the U.S. Department of Justice (DOJ) over its Medicare billing practices, a claim UnitedHealth Group denies. Here’s what to know: UnitedHealth’s Medicare billing practices Shares in UnitedHealth Group fell this morning after the Wall Street Journal published a report stating that the $400 billion company was under investigation by the DOJ over its Medicare billing practices. The report states that the investigation is a civil fr…
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UnitedHealth CEO Andrew Witty is stepping down for personal reasons and the nation’s largest health insurer suspended its full-year financial outlook due to higher-than-expected medical costs. Chairman Stephen Hemsley will become CEO, effective immediately, the Minnesota company said. Hemsley was UnitedHealth Group CEO from 2006 to 2017. He will remain chairman of the company’s board. Witty will serve as a senior adviser to Hemsley. “Leading the people of UnitedHealth Group has been a tremendous honor as they work every day to improve the health system, and they will continue to inspire me,” Witty said. Witty joined the company in 2018 after serving about nine years a…
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UnitedHealth Group spent nearly $1.7 million on security for its top executives in 2024, the healthcare conglomerate disclosed on Monday, months after the fatal shooting of senior executive Brian Thompson outside a Manhattan hotel in December. The company also paid $207,931 on behalf of certain family members of the executives to provide them with personal and home security services, it said. The security spending disclosures, absent from UnitedHealth’s previous annual filings, underscore how the December shooting is prompting companies to reassess the risk of targeted violence against top management. U.S. drugmakers Johnson & Johnson and Eli Lilly also in…
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UnitedHealth Group has laid off dozens of remote employees in healthcare technology and services marketing from its Optum unit, who were given two weeks notice in November, sources told Health Payer Specialist. Fast Company has reached out to UnitedHealth for confirmation. Those employees were based in “multiple states on the East coast and in the Midwest,” according to that report, and are among UnitedHealth’s roughly 400,000 employees across the U.S. (It is the parent company of UnitedHealthcare, the nation’s largest healthcare insurer.) The healthcare giant is just the latest company in a string of industries to announce layoffs, which have hit almost ever…
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UnitedHealth on Tuesday raised its annual profit forecast and said it aims to grow in 2026, in a sign that the turnaround efforts under new CEO Stephen Hemsley were gaining steam. Shares of the company rose more than 5% in premarket trading after the company reported better-than-expected quarterly earnings as the U.S. health insurer kept medical costs in check. The company had set a far lower profit forecast in July after suspending its prior outlook in May, which had sent its shares reeling. The healthcare giant now sees 2025 adjusted profit per share to be at least $16.25, compared with its previous estimate of at least $16.00, and above analysts estimate of…
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Epic Universe is massive. Spanning over 110 acres, the new Florida theme park from Universal Studios, which opens today, has created four different themed lands that captivate the imagination and offer a wide array of thrills for park enthusiasts: The Wizarding World of Harry Potter Ministry of Magic, Super Nintendo World, How to Train Your Dragon Isle of Berk, and Dark Universe. That count jumps to five if you count Celestial Park, the hub of Epic Universe, with several restaurants and two big rides of its own. The park is massive financially as well. Universal spent an estimated $6 to $7 billion to create the theme park. Dr. Sean Snaith, director of the University o…
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The theme park wars will shift into an even higher gear right before Memorial Day. On May 22, Universal Orlando is scheduled to open Epic Universe, it’s $6 billion expansion that’s meant to lure more visitors away from the Magic Kingdom and other assets of Walt Disney World and make the company’s theme-park hub a seven-day visit for tourists. Announced in 2019, Epic Universe will be the first new Central Florida theme park in more than 25 years. Divided into five lands, it’s a park that hopes to have something that appeals to all types of family members. And it’s a serious enough threat that Disney has announced a major upgrade to its Orlando parks, part of a 10-year,…
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With no end in sight to the political impasse in Washington that has shut down the government, the U.S. IPO market is expected to experience a significant slowdown just as it was beginning to show signs of life again. Some companies are nevertheless forging ahead with their listings. Phoenix Education Partners, parent company of the for-profit University of Phoenix, which announced its IPO plans one day before the shutdown began, said on Wednesday that it has priced its shares at $32. That’s the midpoint of its earlier targeted range of between $31 and $33 a share. The company intends to list on the New York Stock Exchange (NYSE) under the “PXED” ticker sy…
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Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. In the past few years, the housing market has experienced a “lock-in effect,” in which many homeowners with lower monthly payments and mortgage rates (some even below 3%) are unwilling to sell and purchase another home with a significantly higher monthly payment and mortgage rate. Last year, researchers from the Federal Housing Finance Agency estimated that the lock-in effect had resulted in more than a million “lost” home sales. But what mortgage rate would it take for homeowners to consider moving? ResiClub aimed to find out with the ResiClub Housi…
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Women’s sports continue to thrive. Record-breaking WNBA viewership, a flood of new brand investment, and now Unrivaled: the women’s basketball league built by players, for players. Commissioner Micky Lawler pulls back the curtain on what it really takes to launch a high-stakes sports startup in the full glare of the public eye. The question is no longer whether women’s sports can compete. It’s how fast they can grow. This is an abridged transcript of an interview from Rapid Response, hosted by the former editor-in-chief of Fast Company Bob Safian. From the team behind the Masters of Scalepodcast, Rapid Responsefeatures candid conversations with today’s top business le…
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As Americans increasingly report feeling overwhelmed by daily life, many are using self-care to cope. Conversations and social media feeds are saturated with the language of “me time,” burnout, boundaries, and nervous system regulation. To meet this demand, the wellness industry has grown into a multitrillion-dollar global market. Myriad providers offer products, services, and lifestyle prescriptions that promise calm, balance, and restoration. Paradoxically, though, even as interest in self-care continues to grow, Americans’ mental health is getting worse. I am a professor of public health who studies health behaviors and the gap between intentions and outcom…
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Say what you will about business and media mogul Kim Kardashian, but if there’s one thing she undoubtedly excels at, it’s building a personal brand so recognizable that all of her ventures scream “Kim.” She’s done it once again with her new energy drink brand Update, which looks like it could’ve organically spawned in the walk-in fridge of her sleek Los Angeles home. Update is a four-year-old energy drink brand founded by CEO Daniel Solomons. On February 24, the brand revealed a full packaging and design overhaul and introduced Kardashian as a cofounder in its new era. In an interview with Fast Company, Solomons said that Kardashian had been a steady customer since 2023 a…
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United Parcel Service (UPS) is planning to close dozens of packaging facilities this year, the shipping giant revealed in a court filing this week. The plans include shuttering facilities in Texas, Florida, Georgia, Maryland, and several other states. It includes locations that have union employees, according to a docket made public as part of a lawsuit between UPS and the Teamsters Union. UPS revealed in January that it will cut 30,000 jobs over the coming year. The move was announced as its partnership with Amazon was winding down and amid a broader push toward automation. At the time, it also revealed plans to close 24 total facilities, though it did no…
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United Parcel Service (UPS) said on Tuesday it will slash 20,000 jobs and close more than 70 facilities to lower costs as it braces for less Amazon shipments, due to global economic uncertainty and changing consumer habits. The package delivery company said in addition to the job cuts, it would shut at least 73 owned and leased locations this year by the end of June, perhaps more, and expects to save $3.5 billion in 2025 from the cost-cutting measures. UPS’ first-quarter revenue fell slightly to $21.5 billion, but the company still beat Wall Street earnings expectations of $21.05 billion, according to data firm LSEG, per Reuters. Shares of the company (NYSE:U…
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A UPS wide-body cargo plane crashed on Tuesday and erupted into a fireball moments after takeoff from the international airport in Louisville, Kentucky, killing seven, including all three aboard, and injuring 11 on the ground, officials said. Flames from the crash, shortly before sundown, ignited a string of fires in an industrial corridor adjacent to the airport, forcing authorities to halt flight operations through the night, the officials said. The Louisville airport, which is home to UPS Worldport — a global hub for the shipping company’s air cargo operations and its largest package-handling facility worldwide — was expected to reopen on Wednesday morning. …
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