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UnitedHealth confirmed it’s being investigated. The healthcare giant said in a securities filing that it’s cooperating with the Justice Department in civil and criminal investigations following recent reports from the Wall Street Journal that the DOJ was looking into the company’s Medicare billing practices. WSJ reported that UnitedHealth had added unnecessary diagnoses to Medicare patients’ records that increased payments. It’s the latest setback for a company that ousted its CEO in May after its stock price cratered.

TikTok could go dark in the US, commerce secretary warns. Secretary of Commerce Howard Lutnick said yesterday that TikTok will be banned in the US if China does not agree to cede control of the app to an American majority owner by a Sept. 17 deadline. “We’ve made the decision. You can’t have Chinese control and have something on 100 million American phones,” Lutnick told CNBC. President Trump has extended the deadline for a deal three times since taking office in January. CNBC reported that it’s unclear where talks currently stand, though Trump said in June that there was a group of “very wealthy people” ready to buy the app.

Hulk Hogan died at 71. The Hall of Fame wrestler
died of cardiac arrest yesterday about two months after undergoing spinal fusion surgery. Considered the greatest professional wrestler of all time, Hogan, whose real name was Terry Bollea, signed with the WWE (then the WWF) in 1983, going on to win six championships. He also had a prolific acting career, playing the role of “Thunderlips” in Rocky III and appearing as himself in countless films and TV shows. In 2015, he was briefly dropped by WWE following reports that he had used racial slurs in a leaked sex tape. A year later, he was awarded $115 million after suing Gawker Media, which had published a snippet of the leaked tape, for invasion of privacy. Hogan also spoke at the 2024 Republican National Convention, where he endorsed President Trump before ripping his shirt off.—AE

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