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The Biden administration may overturn Trump’s U.S. Department of Labor’s decisions that make it difficult for retirement plan fiduciaries to steer money toward environmental, social, and governance funds, ETF Trends reports. In his first week of office, President Joe Biden signed an executive order that will review the Labor Department’s 2020 ruling on ESG investments, or Financial Factors in Selecting Plan Investments, Bloomberg reports.
1. UnitedHealth reports significant data breach; personal health info compromised
2. Illinois House passes governor’s 'Healthcare Protection Act’
3. UnitedHealth faces scrutiny over size, operations, and cyberattack
4. Walmart to shut down health clinics due to unprofitability
5. Analyst says Cigna, Humana share prices could put merger back on the table
6. UnitedHealth to close Optum Virtual Care amid telehealth decline