CreateAI Holdings: Q1 Earnings Snapshot
The San Diego-based company said it had a loss of 23 cents per share.
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Los Angeles Times
an hour ago
- Los Angeles Times
UnitedHealth Group shares climb as Buffett's Berkshire Hathaway discloses stake in the insurer
Shares of UnitedHealth Group are surging before the market open Friday as Warren Buffett's Berkshire Hathaway disclosed that it recently purchased shares of the beleaguered insurer. Berkshire Hathaway bought around 5 million shares of UnitedHealth last quarter, according to a regulatory filing. The stake was valued at about $1.57 billion. Buffett plans to retire as CEO at the end of the year after six decades of building Berkshire Hathaway. Many investors comb through Berkshire's filings every quarter because they like to follow Buffett's moves. The filing doesn't make clear who at Berkshire handled the investment. Besides Buffett, Ted Weschler and Todd Combs also pick stocks, but they generally handle smaller portfolios and Combs also serves as Geico's CEO. Besides stocks, Berkshire owns dozens of companies in a variety of industries including Geico insurance, BNSF railroad, several major utilities and an assortment of manufacturing and retail companies. The Omaha, Nebraska-based company's holdings include many well-known brands like See's Candy and Dairy Queen. UnitedHealth has been dealing with a series of difficulties. Last month the company said that it was cooperating with federal criminal and civil investigations involving its market-leading Medicare business. The health care giant said at the time that it had contacted the Department of Justice after reviewing media reports about investigations into certain elements of its business. Earlier this year, The Wall Street Journal said federal officials had launched a civil fraud investigation into how the company records diagnoses that lead to extra payments for its Medicare Advantage, or MA, plans. Those are privately run versions of the government's Medicare coverage program mostly for people ages 65 and over. The company's UnitedHealthcare business covers more than 8 million people as the nation's largest provider of Medicare Advantage plans. The business has been under pressure in recent quarters due to rising care use and rate cuts. The Journal said in February, citing anonymous sources, that the probe focused on billing practices in recent months. The paper has since said that a federal criminal health care-fraud unit was investigating how the company used doctors and nurses to gather diagnoses that bolster payments. UnitedHealth Group Inc. runs one of the nation's largest health insurance and pharmacy benefits management businesses. It also operates a growing Optum business that provides care and technology support. UnitedHealth's stock has mostly shed value since December, when UnitedHealthcare CEO Brian Thompson was fatally shot in midtown Manhattan on his way to the company's annual investor meeting. A suspect, Luigi Mangione, has been charged in connection with the shooting. In April, shares plunged some more after the company cut its forecast due to a spike in health care use. A month later, former CEO Andrew Witty resigned, and the company withdrew its forecast entirely, saying that medical costs from new Medicare Advantage members were higher than expected. UnitedHealth's stock jumped more than 12% in premarket trading on Friday. Still, the stock has lost roughly half its value in the past year. Chapman writes for the Associated Press.
Yahoo
an hour ago
- Yahoo
SDSU named one of Princeton Review's ‘Best Colleges' — and among top ‘green' campuses
SAN DIEGO (FOX 5/KUSI) — San Diego State University is once again making national headlines — this time for its academic strength, student life, and sustainability efforts. The university has been named to 'The Princeton Review's' 2026 list of the Best 391 Colleges, and once again earned a spot among the Top 50 Green Colleges. The recognition places SDSU among the top 15% of four-year colleges in the United States, out of nearly 2,400 evaluated. The university was also featured on 'The Princeton Review's' Best West list, which highlights standout colleges across seven U.S. regions. High marks in key categories According to the report, SDSU earned top-tier scores across several key categories (on a scale of 60 to 99), including: Professor Aaccessibility: 90 Green initiatives: 97 Quality of life: 89 Financial aid: 89 Admissions selectivity: 88 Fire safety: 96 These scores are based on a combination of institutional data and student feedback, with students offering insights into their academic and social experiences on campus. More information on how these scores are determined can be found here. USS Sterett returns to San Diego after 9-month deployment Sustainability in the spotlight For the second consecutive year, SDSU claimed the No. 42 spot on 'The Princeton Review's' Top 50 Green Colleges list, making it the only California State University campus to appear in the ranking. The sustainability recognition reflects SDSU's commitment to environmental practices, sustainability education, and overall campus livability. The school's impressive 'green' score of 97 is based on both student surveys and data provided by the university. Support for student success In addition to academic accolades, 'The Princeton Review' highlighted SDSU's career development resources, including Handshake, a job and internship platform, and the Aztec Mentor Program, which pairs upper-level students with professional mentors from the SDSU alumni network. 'SDSU has outstanding academic programs, and the feedback we received about SDSU from its students was very impressive,' said Rob Franek, Editor-in-Chief of 'The Princeton Review.' 'We are delighted to name SDSU one of our Best Colleges for 2026.' With strong momentum across academics, research and sustainability, SDSU continues to raise its profile as one of California's most dynamic public universities. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Solve the daily Crossword
New York Post
2 hours ago
- New York Post
These three ‘golden' visa destinations have become hotspots for wealthy Americans
America's elite are increasingly seeking 'golden' visas. Canada-based Mohamed Bennis, an associate vice president at Arton Capital, told Fox News Digital that many are realizing 'true wealth' is measured by 'freedom of movement.' Advertisement 'Many Americans are realizing that a second residency or citizenship is the ultimate insurance policy against uncertainty,' said Bennis. 'It provides them with almost unmatched mobility, flexibility and security in a world that is becoming increasingly unpredictable.' He added, 'Just as gold has historically been a best-in-class investment as a store of value, these visas are also premium assets that provide their holders — and their families — with both tangible and intangible benefits for the long term.' Arton Capital advises high-net-worth individuals on the process of investing in citizenship or residency all around the world. Political divisions, said Bennis, have influenced wealthy Americans to weigh their options. They're not necessarily moving their primary residences — but they might be acquiring the freedom to have another option. Advertisement 4 'Many Americans are realizing that a second residency or citizenship is the ultimate insurance policy against uncertainty,' Mohamed Bennis, associate vice president at Arton Capital, said about people pursuing 'golden' visas. acnaleksy – '[Golden visas] can open doors to privileges that money just can't buy: freedom of movement, security for your family and access to opportunities around the world,' he said. He said that Malta, the United Arab Emirates (UAE) and Portugal are becoming increasingly popular for Americans seeking residency or citizenship through investment. 'Each option offers its own distinct benefits. All three open the door to new cultures, safer environments and the ability to live life on your own terms.' Advertisement 4 'Malta has recently transitioned from a citizenship-by-investment model to a citizenship-by-merit framework,' he said, making visas to this area more accessible. aapsky – 'Malta and Portugal offer access to world-class healthcare and education within the EU, often at lower costs than in the U.S. — while the UAE offers a high standard of living, zero income tax and a thriving international community,' he said. Portugal's investment program requires prospective visa holders to invest about $500,000 in qualifying investment, venture capital funds, and scientific or technological research. 'Approval is granted to applicants based on their skills and innovation.' Advertisement About $250,000 can be invested in cultural heritage preservation, or in creating at least 10 full-time jobs in Portugal, according to the country's site. 4 According to Portugal's website, about $250,000 can be invested in cultural heritage preservation, or in creating at least 10 full-time jobs in the country. SeanPavonePhoto – Bennis said Malta's program enables more people to access the visas by lowering the barriers. 'Malta has recently transitioned from a citizenship-by-investment model to a citizenship-by-merit framework,' he said. 4 Bennis said the United Arab Emirates offers a 'modern crossroads' between the East and the West that draws in the wealthy. marekkijevsky – 'This has meant that approval is granted to applicants based on their skills and innovation, rather than just the size of their economic contribution,' he said. The UAE has remained a top destination for American clients. Bennis said the emirates offer a 'modern crossroads' between the East and the West that's particularly attractive. 'Its golden visa popularized the 'citizenship by merit' trend that countries such as Malta are now adopting,' he said. Advertisement 'It grants long-term residency rights, typically 5 or 10 years, and is available to investors, skilled professionals, entrepreneurs, even outstanding students.' Bennis added, 'The countries with the most smooth and streamlined processes are often the most popular.'
