Since inflation began bursting higher last year, large U.S. companies have found a simple way to keep making record profits: Pass all those price increases along to customers.
Power outages from severe weather across the U.S. have doubled over the past two decades, as a warming climate stirs more destructive storms that cripple broad segments of the nation’s aging electrical grid, according to an Associated Press analysis of government data.
President Joe Biden today ordered the release of 1 million barrels of oil per day from the nation’s strategic petroleum reserve for six months, a bid to control energy prices that have spiked after the U.S. and allies imposed steep sanctions on Russia over its invasion of Ukraine.
UnitedHealth Group will spend $5.4 billion to acquire Lafayette-based LHC Group and delve deeper into home health, an area of care expected to grow as baby boomers age.