Trump Admin Targets States' Medicaid Fraud Units Authored by Tom Gantert via The Epoch Times, Vice President JD Vance said during a recent press conference that he was intensifying attempts to counter Medicaid fraud by investigating state-level units responsible for oversight . States such as California and Hawaii seemed to lag behind others in combatting fraud, said Vance, whom the president pick...
Trump Admin Targets States' Medicaid Fraud Units Authored by Tom Gantert via The Epoch Times, Vice President JD Vance said during a recent press conference that he was intensifying attempts to counter Medicaid fraud by investigating state-level units responsible for oversight . States such as California and Hawaii seemed to lag behind others in combatting fraud, said Vance, whom the president picked in March to lead an anti-fraud task force. “Now, we have red states and blue states that go after fraud aggressively, but we also unfortunately have some states, mostly blue states, unfortunately, that do not take Medicaid fraud very seriously,” he said. In response, Vance said the administration would withhold $1.3 billion in Medicaid-related payments to California and also consider withholding from other states. The administration put each of the 50 states on notice with recent letters signed by Health and Human Services Inspector General Thomas “March” Bell. It focused on state-level Medicaid Fraud Control Units (MFCUs), which receive federal funding. Letters also went to the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Here’s what to know about the units and Vance’s efforts. Federal Grants at Stake The letters threatened to take away all federal grants provided to a state’s Medicaid program if the state was not fulfilling its duties. “It has become clear ... that many MFCUs have been happy to rake in taxpayer dollars without fighting fraud,” Bell stated in the letter. “And for too long, there has been a lack of leadership at HHS that has allowed billions of our fellow Americans’ dollars to flow out to State capitals to fund MFCUs to supposedly fight Medicaid fraud without any real oversight.” He said that the units must comply with certain requirements to receive funding. Federal law requires the units to investigate and prosecute fraud, investigate patient abuse and neglect in Medicaid-funded facilities, and recover overpayments. The units must op...
Ukrainian drones hit the Syzran oil refinery more than 800km (500 miles) inside Russia, setting it on fire, Volodymyr Zelenskyy said on Thursday. The Ukrainian president posted a video of the aftermath. Russia’s independent Astra news outlet said Ukrainian drones struck the Syzran refinery owned by oil and gas company Rosneft. The governor of Russia’s Samara region, Vyacheslav Fedorishchev, said t...
Ukrainian drones hit the Syzran oil refinery more than 800km (500 miles) inside Russia, setting it on fire, Volodymyr Zelenskyy said on Thursday. The Ukrainian president posted a video of the aftermath. Russia’s independent Astra news outlet said Ukrainian drones struck the Syzran refinery owned by oil and gas company Rosneft. The governor of Russia’s Samara region, Vyacheslav Fedorishchev, said two people were killed by Ukrainian drones in Syzran, but he did not mention the refinery. Ukrainian drones hit another refinery the previous day, Zelenskyy said. “Overall, our long-range plan for May is being carried out largely in full. The key targets are Russian oil refineries, storage facilities and other infrastructure tied to these oil revenues.” The escalating attacks have hurt Moscow’s revenue at the same time as the economic pinch of international sanctions. With some attacks reaching more than 1,500km (900 miles) into Russia, the strikes have contributed to some Russians feeling unsafe and heaped pressure on the Russian president, Vladimir Putin. Ukrainian forces have pushed back Russian troops along parts of the frontline, making their most significant battlefield gains since 2024, according to the Institute for the Study of War. Ukraine’s “intensified midrange strike campaign” since early 2026 “has also degraded Russian forces’ ability to conduct offensive operations across the theatre and has also likely supported recent Ukrainian advances”, the US thinktank said in an assessment on Wednesday. Ukraine has slowed Russia’s battlefield advance and is gradually regaining the initiative along the frontline, said Mykhailo Fedorov, the defence minister, partly due to Russian forces being denied access to Starlink satellite services to steer drones towards targets. “Russia has since not been able to find a full replacement [for Starlink], giving Ukraine a critical battlefield advantage.” Russia and neighbouring Belarus held the final stage of their joint nuclear drills...
The episode also fits a broader pattern. A Reuters report from 2017 notes that Toyota Motor Corp. bought about 3% of Tesla for $50 million in 2010 and later sold all its shares. The Japanese automaker began divesting its shares in 2014 and by the end of 2016, had sold off its remaining Tesla holdings as their joint-development deal expired. Gerber, notably, has made the comparison before. A May 20...
The episode also fits a broader pattern. A Reuters report from 2017 notes that Toyota Motor Corp. bought about 3% of Tesla for $50 million in 2010 and later sold all its shares. The Japanese automaker began divesting its shares in 2014 and by the end of 2016, had sold off its remaining Tesla holdings as their joint-development deal expired. Gerber, notably, has made the comparison before. A May 2023 report reveals that he called Daimler's decision "Worse than Blockbuster not buying Netflix early." Tesla's current market value is about $1.5 trillion, according to Benzinga Pro, meaning a 9% to 10% holding would be worth roughly $136 billion to $150 billion before accounting for dilution, structure or any earlier partial sales. Reuters reported that Daimler sold its remaining 4% stake in Tesla in 2014, booking a $780 million windfall. The sale gave Daimler a large profit but left behind an even larger opportunity cost as Tesla later became one of the world's most valuable automakers. Tesla said in May 2009 that Daimler AG, which changed its name to Mercedes-Benz Group AG in early 2022, had acquired a nearly 10% stake in the company, deepening an existing partnership between the legacy automaker and the electric-vehicle startup. The deal came before Tesla became public and before the Model S turned it into a mainstream investor story. Still Learning the Market? These 50 Must-Know Terms Can Help You Catch Up Fast This is true. When we first bought Tesla in 2013 we thought Mercedes would just buy them out. This Mercedes mistake is as bad as the blockbuster Netflix error. $TSLA https://t.co/4ErGEIkglM "This is true. When we first bought Tesla in 2013 we thought Mercedes would just buy them out," Gerber wrote on X. "This Mercedes mistake is as bad as the blockbuster Netflix error." Ross Gerber , co-founder of Gerber Kawasaki Wealth & Investment Management , agreed Tuesday with a social media post arguing that Mercedes-Benz Group AG’s $50 million investment for nearly 10% of...
Palantir Technologies is pressing the US Defense Intelligence Agency to rethink its analytics contract while investors look ahead to the next earnings release and assess a volatile share price performance on Nasdaq. Palantir Technologies is back in the spotlight as it challenges a major analytics contract with the US Defense Intelligence Agency (DIA) and investors look ahead to the company’s next ...
Palantir Technologies is pressing the US Defense Intelligence Agency to rethink its analytics contract while investors look ahead to the next earnings release and assess a volatile share price performance on Nasdaq. Palantir Technologies is back in the spotlight as it challenges a major analytics contract with the US Defense Intelligence Agency (DIA) and investors look ahead to the company’s next earnings update, which is expected to show strong year-over-year growth in earnings per share, according to estimates compiled by Zacks Investment Research as of 05/20/2026 (Zacks as of 05/20/2026; Simply Wall St as of 05/15/2026). As of: 05/22/2026 By the editorial team – specialized in equity coverage. At a glance Name: Palantir Technologies Palantir Technologies Sector/industry: Software, data analytics Software, data analytics Headquarters/country: Denver, United States Denver, United States Core markets: Government agencies and commercial enterprises globally, with a strong focus on the US Government agencies and commercial enterprises globally, with a strong focus on the US Key revenue drivers: Data integration, analytics and decision-support platforms for government and commercial clients Data integration, analytics and decision-support platforms for government and commercial clients Home exchange/listing venue: Nasdaq (ticker: PLTR) Nasdaq (ticker: PLTR) Trading currency: US dollar (USD) Palantir Technologies: core business model Palantir Technologies develops software platforms that help organizations integrate, manage and analyze large volumes of data to support operational decision-making. The company’s tools aim to bring together data from disparate sources, structure it, and provide users with configurable applications and workflows tailored to mission and business needs. Historically, Palantir’s business has been tightly associated with the US public sector, including defense, intelligence and other government agencies. Over time, the company has expanded its ...
Palantir Technologies remains in focus after fresh earnings calendar data pointed to another profit beat and continued investor attention on defense and commercial analytics demand. Palantir Technologies is drawing renewed attention after recent earnings-calendar data showed another quarterly profit beat and Wall Street continued to monitor the company’s dual exposure to U.S. defense spending and ...
Palantir Technologies remains in focus after fresh earnings calendar data pointed to another profit beat and continued investor attention on defense and commercial analytics demand. Palantir Technologies is drawing renewed attention after recent earnings-calendar data showed another quarterly profit beat and Wall Street continued to monitor the company’s dual exposure to U.S. defense spending and commercial software demand. For U.S. investors, the stock remains one of the most closely watched names in AI-linked enterprise software. According to Zacks Investment Research as of 05/22/2026, Palantir reported earnings of $0.33 per share for its last quarter, above the consensus estimate of $0.29 per share. The same source also lists a June 2025 quarter estimate of $0.14 per share, underscoring how closely investors continue to track profitability trends in the name. As of: 22.05.2026 By the editorial team – specialized in equity coverage. At a glance Name: Palantir Technologies Palantir Technologies Sector/industry: Software / data analytics Software / data analytics Headquarters/country: United States United States Core markets: U.S. government, defense, and commercial customers U.S. government, defense, and commercial customers Home exchange/listing venue: Nasdaq: PLTR Nasdaq: PLTR Trading currency: USD Palantir Technologies: core business model Palantir builds software platforms that help organizations integrate, analyze, and act on large data sets. The company is best known for its work with government agencies, especially defense and intelligence users, but it also sells to commercial customers that need operational analytics and decision support. That mix matters for U.S. investors because it ties the stock to two large themes at once: federal technology procurement and enterprise software adoption. It also helps explain why quarterly results, contract wins, and guidance updates often move the shares more than broad market headlines. Main revenue and product drive...
Dr Evan Medeiros is the Penner family chair in Asia studies and the Cling family distinguished fellow in US-China studies at Georgetown University. He has served as the National Security Council’s director for China, Taiwan and Mongolia, and later as special assistant to the president and senior director for Asia. Medeiros was former president Barack Obama’s top adviser on the Asia-Pacific and was...
Dr Evan Medeiros is the Penner family chair in Asia studies and the Cling family distinguished fellow in US-China studies at Georgetown University. He has served as the National Security Council’s director for China, Taiwan and Mongolia, and later as special assistant to the president and senior director for Asia. Medeiros was former president Barack Obama’s top adviser on the Asia-Pacific and was previously a policy adviser to Hank Paulson when he was Treasury secretary. He has also held senior...
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For sharing news, please enter the email address of you and the receiver, then press SEND button. *Mandatory Fields Receiver * Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com Your email address * Content Sharing BofAS Raises NVIDIA Corporation (NVDA.US) TP to USD350; Strong Results and Outlook BofAS issued a report stating that NVIDIA Corporation (NVDA.US) once again delivered impressive results and raised its guidance. Although the midpoint of revenue guidance for the s...
Key Points Higher tax refunds enabled Walmart's customers to spend more in the first quarter. But lower-income shoppers may be forced to cut back in the months ahead. 10 stocks we like better than Walmart › Shares of Walmart (NASDAQ: WMT) sank on Thursday after management's outlook concerned investors. Will AI create the world's first trillionaire? Our team just released a report on the one little...
Key Points Higher tax refunds enabled Walmart's customers to spend more in the first quarter. But lower-income shoppers may be forced to cut back in the months ahead. 10 stocks we like better than Walmart › Shares of Walmart (NASDAQ: WMT) sank on Thursday after management's outlook concerned investors. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Solid Q1 sales and profits Walmart's revenue grew 7.3% year over year to $177.8 billion in its fiscal 2027 first quarter, which ended on April 30. The discount retail giant's U.S. comparable sales, which measure revenue at stores and websites open for at least 12 months, rose 4.1%. E-commerce sales growth was particularly strong at 26%, driven by store-fulfilled pickup and delivery services. Walmart's high-margin advertising sales jumped 37%. Higher fuel costs weighed on Walmart's profit margins, but operating income still rose 5% to $7.5 billion. All told, Walmart's adjusted earnings per share increased 8.2% to $0.66, in line with Wall Street's estimates. Consumers may be forced to pull back on spending Investors, however, appeared to focus on management's concerning comments during the company's earnings call. Walmart maintained its full-year forecast, including net sales growth of 4% to 5% and operating income growth of 7% to 10%. Yet CEO John Rainey noted that higher tax refunds likely boosted sales in the first quarter. As that temporary boost dissipates, Rainey warned that higher gasoline prices could pressure consumer spending in the quarters ahead. Still, despite these challenges, Walmart's well-earned reputation for low prices should help it maintain and even increase its market share in this difficult economic environment. Should you buy stock in Walmart right now? Before you buy stock in Walmart, consider this: The Motley Fool Stock Advisor ...