Aetna Agrees to $117.7M Settlement Over Federal Fraud Claims

More from TV Delmarva Channel 33 News

• Goldman Sachs Delays Fed Rate Cut Predictions Due to Middle East Tensions

  Investment giant Goldman Sachs has revised its timeline for Federal Reserve interest rate reductions, now anticipating cuts in September and December instead of June. The bank cites increased inflation concerns stemming from ongoing Middle East conflicts as the primary reason for the adjustment.

• AI Company Anthropic Fights Pentagon Security Risk Label in Federal Court

  Artificial intelligence company Anthropic is challenging the Pentagon's classification of the firm as a supply-chain security risk. The company filed court documents Wednesday seeking to halt the designation while pursuing legal action in federal court.

• Indonesia, Australia Plan Multi-Nation Security Partnership with Japan, Papua New Guinea

  Indonesia's Defense Minister announced plans to broaden security cooperation with Australia to include Japan and Papua New Guinea in separate trilateral arrangements. The expansion follows a security treaty signed between Indonesia and Australia last month that requires mutual consultation on threats.

• Airlines Struggle as Jet Fuel Costs Soar Beyond Oil Price Increases

  Aviation companies worldwide are implementing fare increases and service cuts as jet fuel costs have doubled since the Iran conflict began, far exceeding crude oil price rises. Many airlines' hedging strategies, designed to protect against oil price spikes, are proving inadequate since they don't cover the dramatic surge in refining margins for jet fuel.