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Rom [he/him] to news@hexbear.netEnglish •
edit-2
3 days ago

UnitedHealth Group: One of America’s biggest companies is imploding

www.cnn.com

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  • news@hexbear.net
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  • us_news@lemmygrad.ml
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UnitedHealth Group: One of America’s biggest companies is imploding

www.cnn.com

Rom [he/him] to news@hexbear.netEnglish •
edit-2
3 days ago
message-square
53
fedilink
  • cross-posted to:
  • news@hexbear.net
  • usa@lemmy.ml
  • us_news@lemmygrad.ml
One of America’s biggest companies is imploding | CNN Business
www.cnn.com
external-link
UnitedHealth Group, one of America’s biggest corporations and a member of the exclusive Dow Jones Industrial Average, is suddenly unraveling.

https://web.archive.org/web/20250515204743/https://www.cnn.com/2025/05/15/business/unitedhealth-stock-ceo-investigation

Direct action gets the goods.

  • durruticore [any, comrade/them]
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    45•
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    3 days ago

    he-laughed

    Why tho? Is there like a specific reason?

    • Lyudmila [she/her, comrade/them]
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      78•3 days ago

      Investors are mad that UHC management got scared and backed off on the blatant evil by a teeny tiny amount for a few weeks after the CEO got wasted.

      porky-scared-flipped “oh my god they’re going to kill me!”

      pronounjak-rage “HOW DARE YOU PRIORITIZE YOUR LIFE OVER MY DIVIDENDS!”

      • durruticore [any, comrade/them]
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        47•
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        3 days ago

        funniest shit ever

        I heard people saying about the luigi-dance that it was adventurism and wasn’t going to achieve much, turns out it wasted porky-happy billions

        he-laughed

        • Jabril [none/use name]
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          42•
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          3 days ago

          Definitely adventurism but finally one that was thought out enough to both serve as a great rallying issue for the disaffected masses as well as strike enough fear into the targeted company that it sent them into a tailspin. As communists, adventurism isn’t one of our tactics but this is a rare case of it being a relatively effective tactic

          • Sinisterium [none/use name]
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            23•3 days ago

            Luigi isnt a communist, he could be made one, but he didnt do it (allegedly) due to any concrete leftist believes.

            • Jabril [none/use name]
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              13•3 days ago

              Yeah of course

            • Belly_Beanis [he/him]
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              2•2 days ago

              He also has a lot of problematic, reactionary views. If he was the actual assassin, he did it because it affected him personally, not because he’s against the system itself. It’s rightwing infighting coming home to roost.

        • Dessa [she/her]
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          15•3 days ago

          Adventurism may not be a solution, but it is part of the narrative!

        • Sinisterium [none/use name]
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          17•3 days ago

          adventurism as a member of an official socialist organization is dangerous, not as a rando. It was also primarily said because people on hexbear literally thought there was going to be a russian revolution 2.0 in america by Christmas.

          • Damarcusart [he/him, comrade/them]
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            9•3 days ago

            It was also primarily said because people on hexbear literally thought there was going to be a russian revolution 2.0 in america by Christmas.

            sicko-wistful

      • MarmiteLover123 [comrade/them, comrade/them]
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        33•3 days ago

        I think it’s more to do with the Medicare fraud they did. Falsification of diagnoses in order to trigger extra payments to its Medicare Advantage plans.

        https://www.reuters.com/business/healthcare-pharmaceuticals/unitedhealth-under-criminal-probe-possible-medicare-fraud-wsj-reports-2025-05-14/

        https://www.reuters.com/business/healthcare-pharmaceuticals/doj-investigates-medicare-billing-practices-unitedhealth-wsj-reports-2025-02-21/

        • Lyudmila [she/her, comrade/them]
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          31•3 days ago

          Holy shit they’re finally getting called on this? MA billing fraud has been like an open secret for like a decade, I’m actually shocked this is finally getting investigated. The FTC has probably gotten thousands of tip line calls on this for every single insurance company that offers MA plans.

          joker-amerikkklap

          • MarmiteLover123 [comrade/them, comrade/them]
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            35•3 days ago

            I think it’s because UnitedHealth took it to the extreme: there’s rumours that they were falsifying HIV/AIDS diagnosis.

            • Lyudmila [she/her, comrade/them]
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              28•3 days ago

              Holy shit.

              • MarmiteLover123 [comrade/them, comrade/them]
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                22•3 days ago

                It’s just a rumour, so it could definitely be false. But nothing surprises me these days…

      • CthulhusIntern [he/him]
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        6•3 days ago

        New shorting strategy just dropped!

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