Morning Headlines 8/8/24
CVS’s stock drops as the healthcare-benefits business continues to hurt profits
CVS Health shares drop on the news of disappointing Q2 results, largely stemming from its lackluster Aetna health benefits business, and the ouster of Aetna EVP and President Brian Kane.
Roche considering divesting $1.9 bln cancer data startup, FT reports
Pharmaceutical company Roche is reportedly considering selling Flatiron Health, the oncology software and research company it acquired in 2018 for $1.9 billion.
McLaren hospitals disruption linked to INC ransomware attack
McLaren Health Care (MI) confirms that the recent disruption to its IT systems was caused by a ransomware attack led by the INC ransomware gang.
Weird that Google can acknowledge its crowdsourced medical advice was wrong, but escape penalties for doing it wantonly at scale.