Tag: Diversified Holding Companies
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Fintech lenders are not living up to their hype of revolutionizing lending
[ad_1] For years, the financial technology industry has touted its ability to spot good credit risks missed by big banks and traditional lenders, providing people with affordable loans they might not otherwise be able to access. The technology companies and startups that make up the fintech world “rely heavily” on credit scores to price their…
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Buffett’s Berkshire Hathaway boosts stakes again in five Japan trading companies
[ad_1] Berkshire Hathaway said Monday it has again boosted its stake in five Japanese trading companies that the conglomerate’s storied leader Warren Buffett purchased two years ago. Berkshire’s BRK.A, -0.46% BRK.B, -0.44% stakes in Mitsubishi Corp. 8058, +0.25%, Mitsui 8031, +0.31%, Itochu, 8001, -0.57% Marubeni 8002, +0.22% and Sumitomo 8053, -0.52% now average…
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UnitedHealth stock drops as company says seniors catching up on delayed surgery.
[ad_1] Seniors are finally catching up on surgery for problems with their knees and hips they delayed during the pandemic — and that means higher costs for health insurers. The trend was revealed by executives at UnitedHealth UNH at a Goldman Sachs investor conference held on Tuesday. The revelation dented UnitedHealth shares by 4% in…