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With $ 110 billion in revenue, Centene appears to be diversifying with Magellan’s mental health business

Centene is now a national health insurance player, reporting $ 111 billion in annual 2020 revenue, ... [+] said the company on Tuesday, February 9, 2021. Chairman and CEO of the Centene, Michael F. Neidorff will attend the Forbes Healthcare Summit 2019 at the Jazz in Lincoln Center on December 5, 2019 in New York City. (Photo by Steven Ferdman / Getty Images) Getty Images Health insurance company Centene reported a loss in the fourth quarter, mainly due to acquisition costs, as the company adds more services, continuing in 2021 with the addition of Magellan Health. The Centers on Tuesday…

LinkedIn and Zynga founders are close to buying flying taxi start-up Joby

LinkedIn co-founder Reid Hoffman and tech entrepreneur Mark Pincus are approaching an agreement to merge their blank check company with Joby Aviation, estimating the flying taxi developer at about $ 5.7 billion, people informed about the case. Reinvent Technology Partners, their specialty business venture that raised $ 690 million. In a public listing in 2020, the financing of the deal is nearing completion, and a deal may be announced later this month. If successful, the merger will give Joby - whose existing backers include Japanese carmaker Toyota and UK Investment Manager Baillie Gifford - with a listing on the New…

Allianz, AXA, Nippon Life Insurance – InsuranceNewsNet

Edison, NJ - (SBWIRE) - 02/10/2021 - The latest released global private health insurance market study provides a critical assessment of key growth dynamics, new avenues, investment trends in key regional markets and the competitive landscape in different regions and strategies for top players. The assessments also provide insight into the share and size of different segments of the global private health insurance market. Major players in this report includeAlliance (Germany), AXA (France), Nippon life insurance (India), American Intl. Group (United States), Aviva (The United Kingdom), General Insurance (Italy), Cardinal health (United States), State farm insurance (United States), Dai-ichi mutual…

Brazil adopts law giving autonomy to central bank

Lawmakers in Brazil have voted to give the central bank autonomy in a move aimed at improving the country's reputation among international investors by eliminating the risk of political interference in monetary policy.The legislation was approved by federal lawmakers in the lower house of Congress Wednesday after a nearly year delay after the coronavirus crisis and local elections.Under the law, the head of the bank will still be nominated by the executive and subject to Senate confirmation. But they will be legally protected from being fired by the government due to disagreements over monetary policy. As a member of a…

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