Apr 17, 2018

UnitedHealth Group's massive first quarter

UnitedHealthcare, part of UnitedHealth Group, heavily grew its insurance membership in Q1. Photo: Michael Nagle / Bloomberg via Getty Images

UnitedHealth Group's profit in the first quarter of 2018 soared 31% year over year, totaling $2.84 billion. Revenue jumped 13% in the quarter, to $55.2 billion.

The big picture: UnitedHealth, arguably the most dominant conglomerate in the health care industry, raked in more money across all of its different businesses and benefited from the lower corporate tax rate. Private Medicare Advantage growth fueled its health insurance division, while its pharmacy benefit manager, doctor practices and data technology boosted its services division, called Optum.

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Axios

Coronavirus kills 2 Diamond Princess passengers as South Korean cases surge

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's

Two elderly Diamond Princess passengers have been killed by the novel coronavirus — the first deaths confirmed among the more than 600 infected aboard the cruise ship.

The big picture: COVID-19 has now killed more than 2,100 people and infected over 75,000 others, mostly in mainland China, where the National Health Commission announced 114 new deaths since Wednesday.

Go deeperUpdated 54 mins ago - Health

Rebecca Falconer

Massive MGM data breach: Guests' personal details posted on hacking site

The MGM Grand hotel in Las Vegas. Photo: Smith Collection/Gado/Getty Images

An MGM Resorts security breach last summer resulted in the personal details of 10.6 million guests published on a hacking forum this week, ZDNet first reported Wednesday.

Why it matters: Federal government employees and high-profile guests were affected by the breach, according to analysis by data breach monitoring service Under the Bridge and ZDNet — including officials from the FBI, Department of Homeland Security and the Transportation Security Administration, Twitter CEO Jack Dorsey, Microsoft staffers and singer Justin Bieber.

Go deeper1 hour ago - Technology

Rebecca Falconer

George Zimmerman sues Buttigieg and Warren for $265M

George Zimmerman in Sanford, Florida, in November 2013. Photo: Joe Burbank-Pool/Getty Images

George Zimmerman filed a lawsuit in Polk County, Fla., seeking $265 million in damages from Democratic presidential candidates Pete Buttigieg and Elizabeth Warren, accusing them of defaming him to "garner votes in the black community."

Context: Neither the Massachusetts senator nor the former Southbend mayor tweeted his name in the Feb. 5 posts on what would've been the 25th birthday of Trayvon Martin, the unarmed black teen Zimmerman fatally shot in 2012. But Zimmerman alleges they "acted with actual malice" to defame him.

Go deeper4 hours ago - Politics & Policy