UnitedHealth Group's headquarters in Minnesota. Photo: UnitedHealth

UnitedHealth Group posted another quarter above expectations, banking a $2.9 billion profit in the second quarter on more than $56 billion of revenue. The $2.9 billion in earnings was 28% higher than the same period last year.

Between the lines: The conglomerate continues to control more of the domestic and global health economy and is reaping huge amounts of cash in the process. But Wall Street actually sold off UnitedHealth's stock Tuesday because medical costs on the health insurance side were a shade higher than expected.

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6 mins ago - Health

Health workers fear new shortages of protective equipment

Illustration: Sarah Grillo/Axios

Health care workers faced severe shortages of face masks, gowns and other protective equipment at the beginning of the coronavirus pandemic, and they're afraid it's happening again now.

Why it matters: Hospitals, nursing homes and physician clinics need this equipment to protect themselves and to avoid spreading infection. Supplies are already stretched thin, and will likely get thinner as the coronavirus and flu season converge in the fall.

Planned Parenthood launches digital ad campaign for Biden

Photo: Erik McGregor / Contributor

Planned Parenthood Votes, the political arm of the national reproductive rights group, is ramping up its general election efforts, launching five-figure digital ad campaigns across nine battleground states.

Why it matters: This is the group's biggest election cycle effort yet, part of a larger $45 million investment ahead of November's election, and provides a glimpse of how Democrats are trying to take down President Trump on women's health issues while boosting Joe Biden as the alternative.

Pro-Trump PAC drops $23 million on summer anti-Biden ads

Screenshot: America First Action

America First Action, a leading pro-Trump super PAC, will focus on Arizona, North Carolina, Pennsylvania and Wisconsin in a $23 million anti-Biden summer ad campaign beginning next week.

Why it matters: The ad buy signals which swing states the groups sees as most vulnerable for President Trump. Arizona and Wisconsin were not included earlier this year in the core battleground strategy.