Becker Private Equity & Business Podcast
5 Quick Stories We’re Following This Morning 5-15-25
Thu, 15 May 2025
In this episode, Scott Becker shares five quick business news updates.
Chapter 1: What are the five quick business updates in today's episode?
Chapter 2: Why is UnitedHealth Group under investigation?
This is Scott Becker with the Becker Private Equity and Business Podcast. Today's discussion is five quick stories this morning. First, the news at UnitedHealth Group keeps getting worse. It was just reported that the company is facing an investigation over fraud in the Medicare Advantage program. The stock is down more than 6% early today. It fell nearly 20% earlier this week.
The current CEO, Andrew Witte, who's a really smart person, resigned abruptly on Tuesday. Second, the market cap count. Let me correct this from yesterday. Right now we're sitting as follows. Microsoft is number one, Nvidia number two, Apple is number three. Third,
We had a chance to fly Delta yesterday, which led to a Twitter poll of which is the best airline to fly out of Delta, United, and American, and then whether there's any correlation to stock price. So here's what we got. Delta by far won the survey over United and American. Now, from a stock price perspective, Delta and United are each down around 15%, 16% year-to-date.
American, who's having a tough year, is down nearly 30% year-to-date. Fourth, Mike Dowling, who is the long-term CEO of Northwell Health, recently announced that he will be retiring. Michael, for people that don't know, is a generational talent in leadership and a remarkable human being. We learned a ton from Mike Dowling, just as really as good as they come.
Fifth, President Trump reverses course on the sovereign wealth fund. He essentially says the U.S. must pay off debts before creating a sovereign wealth fund. This may be the smartest comment from any president in years. This is a good reversal from his earlier position where he was all in on a sovereign wealth fund ASAP. Thank you for listening to the Becker Private Equity and Business Podcast.
Thank you very, very much.
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