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“A staggering 14 of the last 15 hospital closures in the last five years in Pennsylvania have occurred following a merger or acquisition,” state Rep. Lisa Borowski said. Prospect plans to refocus its attention on California while looking to continue selling hospital systems in Connecticut, Pennsylvania and Rhode Island. Although officials bashed Prospect for the […]
In an email sent to Crozer employees, Prospect CEO Von Crockett cited a number of challenges, including the “lingering impacts of the COVID-19 pandemic, inflation, a significant cyberattack and increased denials from health plans” as the impetus behind its decision. The once-struggling four-hospital system in Delco is down to just two functioning hospitals: Crozer-Chester Medical […]
MicroStrategy Purchases 1,070 Bitcoin for $101 Million, Bringing Total Holdings to 447,470 BTC MicroStrategy, the largest corporate holder of Bitcoin, made a significant move to start 2025 by announcing the purchase of 1,070 BTC for approximately $101 million. This acquisition, completed Dec. 30-31, 2024, brings the company’s total Bitcoin holdings to 447,470 BTC. MicroStrategy’s total […]
New York, New York–(Newsfile Corp. – December 13, 2024) – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Xerox (NASDAQ:) Holdings Corporation (NASDAQ: XRX) between January 25, 2024 and October 28, 2024, both dates inclusive (the “Class Period”), of the important January 21, 2025 lead plaintiff deadline. SO […]
SAN MATEO, CA—Sanjay Datta, the Chief Financial Officer of Upstart (NASDAQ:) Holdings, Inc. (NASDAQ:UPST), recently sold shares of the company’s stock valued at approximately $1.3 million. The transactions were disclosed in a filing with the Securities and Exchange Commission. The sales took place on November 20, with shares sold in two separate transactions. The first […]
These are the stories making headlines in fashion on Friday. Capri Holdings, the parent company of Versace, Jimmy Choo and Michael Kors, released its second quarter fiscal 2025 results on Thursday, which showed revenue declined 16.4% on a reported basis. Its Q2 net income was $24 million, or … Continue reading Source link
Beijing should adjust its strategy in managing China’s US$3.3 trillion worth of foreign-exchange reserves, given the lingering threat of US financial sanctions, according to a prominent Chinese economist. The warning by Zhang Ming, deputy director of the Chinese Academy of Social Sciences’ Institute of Finance and Banking, is the latest high-profile call for diversification and […]
Is the University of Toronto going for gold in greenwashing? Earlier this year, Canada’s consumer watchdog sent a letter to MPs calling out “bogus” environmental claims. Lawmakers were asked to approve new amendments to the Competition Act that explicitly target companies making environmental benefit claims that are “not based on adequate and proper substantiation in accordance with internationally recognized […]