Cooler weather aided California firefighters in containing the Franklin Fire in Malibu, allowing over 3,000 residents to return home; the fire has burned 4,000 acres and destroyed homes, but is now 30% contained. Actor Dick Van Dyke and musician Cher evacuated, while Pepperdine University campus was threatened. Firefighters utilized helicopters and planes to battle the blaze, with some structures lost. The cause is under investigation, and while progress has been made, work continues to ensure safety for all residents.
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UnitedHealth falls short of 2Q expectations, offers weak outlook for 2025
UnitedHealth's Earnings Report UnitedHealth reported disappointing second-quarter earnings with a profit drop of 19% due to soaring medical costs, prompting a conservative forecast of at least $16 per share for 2025, down from an initial expectation of $30. The company, now led by Chairman Stephen Hemsley after CEO Andrew Witty's abrupt departure, anticipates a return to earnings growth by 2026. Want More Context? 🔎
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