business news

TL/DR - InvestUP and the Michigan Economic Development Corporation (MEDC) have launched the Michigan Outdoor Innovation Fund, a $3 million pre-seed fund to support Michigan entrepreneurs in the outdoor recreation industry. The fund is supported by the MEDC through the Michigan Innovate Capital Fund (MICF) program and is expected to support 30 to…

TL/DR - UnitedHealth Group, the largest health-care company in the U.S., disclosed that a "suspected nation-state-associated" actor gained access to part of its IT network. The attack affected Change Healthcare's systems, causing them to be down for a fourth day. The company isolated and disconnected the affected systems immediately after…

TL/DR - Walgreens CEO Tim Wentworth has argued that the company is using its stores and brand to bolster its expanding health-care business. The company has been closing stores to optimize its footprint, countering assertions that it needs to pivot away from its stores to meet health-care goals. Wentworth sees the brand as a "leverageable asset"…

Life Time Group's Stock Falls as They Invest in Improving Member Experience As a user, you might be interested to know that Life Time Group shares fell by a significant 15% on Wednesday. This was following the company's third quarter results, which showed an increase in spending to enhance the experience for premium members. Rising Operational…