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Technology

Applied Industrial beats profit views, raises dividend despite mixed demand

Applied Industrial Technologies (NYSE:AIT) reported fiscal second-quarter results on Tuesday that highlighted the company's ability to drive profitability through internal efficiencies and acquisitions, despite a "choppy" demand environment across North American industrial sectors.

Leia mais: Applied Industrial beats profit views, raises dividend despite mixed demand
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Health

Humana shares plummet as Trump administration proposes ‘meager’ medicare rates

Humana (NYSE:HUM) shares suffered their worst rout in years Tuesday, plunging 20.6% after the Trump administration proposed a nearly flat reimbursement rate for Medicare Advantage plans in 2027, a move that blindsided Wall Street and cast a shadow over the industry’s profit outlook.

Leia mais: Humana shares plummet as Trump administration proposes ‘meager’ medicare rates
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Retail

Amazon to close Amazon Go and Amazon Fresh, shifts focus to Whole Foods

Amazon (NASDAQ:AMZN) is shuttering its entire fleet of Amazon Fresh and Amazon Go brick-and-mortar stores, marking a dramatic retreat from its eponymous physical grocery brands in favor of a revamped retail strategy focused on Whole Foods and a new “supersized” store concept.

Leia mais: Amazon to close Amazon Go and Amazon Fresh, shifts focus to Whole Foods