Tuesday, January 30, 2018

Health stocks tumble after Amazon, Berkshire Hathaway, JP Morgan Chase reveal their plans

Health care stocks were trading down Tuesday morning following the announcement that Amazon — along with Berkshire Hathaway and JPMorgan Chase & Co. — is entering the health care business. The three mega-companies said they plan to create an independent company, “free from profit-making incentives and constraints,” that will focus on developing new ways to address health care for their U.S. employees — with an aim of improving employee satisfaction and reducing costs. The initial focus of…



from https://www.bizjournals.com/baltimore/news/2018/01/30/health-stocks-tumble-after-amazon-berkshire.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/170306652477

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