Bank of America released its 2023 Financial Life Benefits® Impact Report (PDF), revealing that the average 401(k) account balance among men is 50% greater than women’s overall ($89,000 vs. $59,000). However, this gender imbalance is closing among younger generations. Baby Boomer…
KKR today announced a monetization activity update for the period from April 1, 2023 to June 23, 2023. Based on information available to us as of today, with respect to the period through June 23, 2023, KKR has earned gross realized carried interest and…
Starting July 1, clients of Optum Rx will have access to three biosimilar alternatives for HUMIRA, a highly utilized biologic medication used in the treatment of autoimmune diseases. The Optum Rx standard formulary will include the following treatments at parity…
UnitedHealthcare Community Plan of Arizona has been awarded the industry-recognized Health Plan Accreditation and Long-Term Services and Supports (LTSS) Distinction by the National Committee for Quality Assurance (NCQA). NCQA accredits and certifies a wide range of health care organizations and…
The Cigna Group announced today Chris DeRosa, President, U.S. Government, will assume leadership of Cigna Healthcare’s Medicare and Individual & Family Plan (IFP) businesses, as Chuck Berg, Senior Advisor, announces his departure. Mr. DeRosa is an accomplished leader with more than 30…
Chubb Limited (NYSE: CB) today announced that Michael O’Donnell has been appointed Chief Operating Officer, Global Reinsurance. Currently, he serves as Division President of Chubb Tempest Re USA. In his new role, O’Donnell will continue to have responsibility for the U.S. operations of…
SoftBank Corp. (hereinafter the “Company”) hereby announces that at the meeting of the Board of Directors held on June 20, 2023, its Board of Directors resolved to issue stock acquisition rights as stated below (hereinafter “Stock Acquisition Rights”) to executive…
SoftBank Corp. (hereinafter the “Company”) hereby announces that at the meeting of the Board of Directors held on June 20, 2023, its Board of Directors resolved to dispose of the Company’s treasury stock as restricted stock compensation (hereinafter the “Disposal…
SoftBank Corp. (TOKYO: 9434, “SoftBank”) today announced it is expanding the scope of its ‘Net Zero’ commitment to its group companies*1. The new pledge builds on SoftBank’s existing initiatives to eliminate greenhouse gas (GHG) emissions from its own business processes…
SoftBank Corp. (“SoftBank”) today announced initiatives to realize Non-Terrestrial Network (NTN) solutions, which aim to provide communication networks from space and the stratosphere, both in Japan and global markets. SoftBank is aiming to expand communication network and area coverage from…
In the midst of chaos there is also opportunity, said Sun Tzu. In every opportunity there is also risk. It is the yin and yang principle, representing the interdependence and complementarity of opposing forces. In a world where permacrisis ended…
UnitedHealth Group (NYSE: UNH) will release its second quarter 2023 financial results on Friday, July 14, 2023, before the market opens, and will host a teleconference at 8:45 a.m. ET to discuss the results with analysts and investors. This call…
