Tag Archives: Rising

Anthem beats in Q3, but profit plummets amid rising costs

Dive Brief: Anthem beat Wall Street’s third-quarter expectations on earnings and reported revenue of $ 31.2 billion, up 16.8% from the year prior, in results released Wednesday morning. Expenses, however, were up more than 22% year over year, leaving profit to plummet roughly 80%. Total medical membership jumped 4%, attributed to increases in Medicare and… Read More »

Coronavirus live updates: Global deaths rising; how pandemic affects energy markets

Global deaths from Covid-19 are accelerating, as the worldwide death toll approaches 1 million. The World Health Organization reported deaths rose by 8% last week compared to the week before, with more than 40,600 fatalities recorded. The U.S., Brazil and India account for the largest shares of that cumulative total, with the U.S. alone accounting… Read More »