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Lea en español For many people, this time of year is all about the shopping. And there's a fair chance many feel less than joyful about the prospect. If fulfilling your lengthy list feels overwhelming, learning what brain science and evolutionary psychology say about shopping and gift-giving might help you understand exactly why you're stressed – and even point you toward a healthier, happier holiday season. Our reactions are encoded into our nervous system, said Dr. Beth Frates, a part-time associate professor in the department of physical medicine and rehabilitation at Harvard Medical School in Boston. "By understanding these brain responses, people can develop strategies to manage stress better, such as setting realistic expectations, focusing on mindfulness and simplifying holiday preparations," said Frates, who also is the immediate past president of the American College of Lifestyle Medicine. People are also reading... The idea of exchanging gifts at this time of year can be traced back to pagan solstice celebrations. But the drive to share with another is as old as humanity itself, said Dr. Diego Guevara Beltran, a postdoctoral fellow in psychology at the University of Arizona in Tucson who studies cooperation and generosity. The science of generosity is more about survival than stocking stuffers, Guevara Beltran said. Sharing food gave early humans an evolutionary advantage. "Generosity is just one of the ways by which we can accumulate resources, be it wealth itself or friendships or work partners or more attractive, more intelligent mates," he said. Sharing with other people, Guevara Beltran said, is "a signal that communicates how much you value them, their welfare, your relationship with them." Research has shown that helping people makes us feel good. Part of that, he said, is because when someone is part of a community, they feel protected. One way this manifests is through the act of giving gifts. But to derive happiness from gift-giving, the giver needs to feel both that it was not an obligation and that it was effective, according to the 2019 World Happiness Report . That means it could be stressful to be in a culture where gift-giving feels mandatory, or if we can't see that a gift helped someone, Guevara Beltran speculated. It also might be stressful if gift-giving becomes a competition to show that you care about somebody more than the others around them. Our brains on shopping Stressful shopping can cause several physiological responses to kick in, Frates said. First is the "fight or flight" reaction that comes with stress. The release of chemicals that increase our heart rate, raise our blood pressure and intensify our breathing evolved to give us bursts of energy to escape danger. Frates said that while holiday stressors are not life-threatening, they can still trigger the stress response. The pressure to stay within budget could create a sense of scarcity, she said. "This taps into an evolutionary response, where the fear of losing resources like money can feel urgent and distressing." The holiday season also involves a lot of choices. "The brain has limited capacity for decision-making, and making multiple decisions can lead to decision fatigue," Frates said. "This fatigue reduces the ability to self-regulate and cope, which can lead to heightened stress responses when confronted with even minor setbacks, like a long line or out-of-stock item." The stress of needing to complete tasks within a limited time can intensify the fight-or-flight response, she said, as the brain interprets the ticking clock as a sense of urgency or threat. Meanwhile, Frates said, holiday shopping can also trigger brain chemicals that affect our feelings. "Dopamine, a neurotransmitter associated with pleasure and reward, is released when we anticipate something exciting or enjoyable, like finding a great gift or finding a good deal," she said. "This anticipation can feel rewarding even before any actual purchase is made." For some people, this dopamine boost can make shopping a relaxing experience. "It provides a temporary distraction from other stressors and allows them to focus on something positive, creating a 'holiday high,'" Frates said. For some people, that can be problematic. "When shopping becomes a way to chase that next dopamine hit, it can lead to excessive spending or impulsive purchases," she said. "This can become a trap, particularly during the holidays, when deals, sales and gift-giving pressures are everywhere." Understanding how all these processes work can help people recognize why they feel the way they do and adopt strategies to cope, Frates said. Here are some of her suggestions. 1. Start with self-care before shopping Prioritizing self-care means people can be their best selves and make good decisions, Frates said. So, "eat food that is delicious and nutritious. Get seven to nine hours of sleep. Make sure to enjoy physical activity. Take walks when you can and invite friends along. Practice stress reduction like meditation or yoga to help you calm your body and mind." Before going shopping, try taking deep breaths using stress-relieving techniques such as 4-7-8 breathing (inhale through your nose for four counts, hold for seven counts, and exhale through your mouth for eight) or box breathing (inhale through the nose for four counts, hold your breath for four, exhale for four, then hold for four). 2. Be strategic Don't shop when you're hungry, tired, lonely or stressed, Frates said. And don't start shopping 15 minutes before a store closes or a website's online deals end, she said. That's setting yourself up for triggering the fight-or-flight response. 3. Be mindful Before making a purchase, take a moment to consider whether it's truly needed or whether it's an impulsive choice. To avoid overindulging, set a specific budget or limit yourself to a couple of hours or specific shopping days. "This keeps dopamine-driven spending in check while still allowing for the enjoyable aspects of holiday shopping," Frates said. Look for post-shopping activities that provide rewards without the financial cost. That can satisfy your brain's desire for more dopamine in a healthier way. "Plan enjoyable, stress-relieving activities after shopping, like going for a walk, spending time with friends or indulging in a hobby," she said. 4. Bring a friend Not only does this support healthy social connections, Frates said, but if things start feeling stressful, "you have a buddy, and you have a support system right there for you." 5. Rethink the focus of the season "With gift-giving, we need to change mindsets in order to be able to manage the stress," Frates said. The holidays could be used to emphasize social connections, she said. "Thinking about the connection with the person and making gift-giving more about deepening the connection than anything else, I think, will really help to reduce the stress around the process," she said. So instead of scouring shops and websites for the "perfect" gift, think about making a meaningful and personal one, she suggested. It could be a poem, a painting, a song or a framed photograph that captured a special time. 6. Lessons for children It's easy to get caught up in the hunt for a hard-to-get item, Frates said. But ask yourself what the holiday means in your family's traditions. "Is it about getting that perfect gift for the child? Or is it about celebrating the meaning of that holiday?" So instead of having children ask for one specific toy, or a specific brand of clothing, teach them to leave a little leeway on their lists. "It is a good reminder to express to children that this season is about giving and sharing what we can in the best way that we can," she said, "and sometimes the exact gift is not available." Encouraging such an attitude can be a tall order, Frates said, but it's a place to start. "A simple mindset shift could be the difference between a stressful holiday shopping season or a joyful journey to find meaningful gifts for people you care about." American Heart Association News covers heart and brain health. Not all views expressed in this story reflect the official position of the American Heart Association. Copyright is owned or held by the American Heart Association, Inc., and all rights are reserved. Build your health & fitness knowledge Sign up here to get the latest health & fitness updates in your inbox every week!Photo: The Canadian Press Minister of Public Safety, Democratic Institutions and Intergovernmental Affairs Dominic LeBlanc speaks virtually at a press conference in Ottawa. Ottawa's plan to send prohibited firearms to Ukraine to fight the Russian incursion has some experts scratching their heads, while staunch Ukraine supporters worry it could unintentionally pit aggrieved gun owners against the war effort. The Liberal government announced last week it will work with Canadian businesses to donate select weapons banned in Canada to Ukraine, though details about the new plan remain sparse even days later. Richard Shimooka, a senior fellow at the Macdonald-Laurier Institute and defence-procurement expert, said this isn't the sort of equipment Ukraine really needs to win the war and that it already suffers from a lack of standardized weapons. "In some ways it's symbolic and yet in other ways it's not helping at all," he said. "It's not going to move the needle." He points out the real problem is that shell-hungry Ukraine desperately needs 155 mm artillery ammunition, but Canada's munitions supply chain doesn't have the capacity to feed the country what it needs most. And when it comes to small arms, hundreds of one type of standardized assault rifle would be most useful. "They're all semi-automatic," he noted about the buyback guns. "If you want a true, military-style weapon being used in Ukraine, you want a fully automatic weapon." On Sunday, U.S. president-elect Donald Trump called for an immediate ceasefire between Russia and Ukraine, raising questions about how long the war could last. The United States has been by far Ukraine's largest military backer throughout the war. Kelly Sundberg, a criminologist at Mount Royal University, said the move seems more like political theatre to bolster Ottawa's controversial program than a carefully considered policy, since it appears it could wind up being a small assortment of weapons and ammunition in the end. “It sounds like a political stunt and not very well thought out at that,“ he said. “It seems very hastily thought up and somewhat desperate, frankly." The Canadian government would also need to test and possibly repair the guns for safety before sending them over, he added. Yaroslav Baran, a consultant with the Pendulum Group, former president of the Ukrainian Canadian Congress and well-known conservative commentator in Ottawa, meanwhile, said he worries the plan could inadvertently wedge gun owners against Ukraine. "While I always appreciate any support for Ukraine from the government of Canada, the idea of linking these two completely unrelated issues is misguided and dangerous," he said. "If you're at the receiving end of that message -- the hunter or farmer being told to hand over your firearm -- you're going to get your back up. Then, the follow-up message is, 'By the way, we're going to ship it overseas to help Ukraine,' (so) your reaction is going to be 'Like hell you are.'" Denys Volkov, a community advocate in Winnipeg who was born in Ukraine and has long pushed for help for the country during its war with Russia, said he shares that sentiment and that the announcement caught many in the diaspora off guard. He said to talk about sending Ukraine "random guns taken from law-abiding gun owners" is "not a serious conversation of how to help" the country. "The type of help Ukraine needs is on a massive scale." Ottawa has insisted the move could help, even if only a little. Defence Minister Bill Blair said last week that Canada reached out to Ukraine in October asking if any of the firearms listed under the program could be useful, and Ukraine said yes. "Every bit of assistance that we can offer to the Ukrainians is one step towards their victory, and a worthwhile investment of our collective time and efforts," Blair said. A government official not authorized to speak on the record said it would be businesses, not individuals providing the guns in this case, and that Ukraine has identified some 20 different firearms that could prove useful, so it would not be a random mashup of weaponry. The source noted this comes in addition to Canada's contributions of 21,000 small arms to Ukraine, including assault rifles and machine guns. Blair said last week he does not yet know how many weapons Ottawa can supply to Ukraine through this program, and will not know until retailers provide Ottawa with information about what weapons they have in stock so the government can match that with the list Ukraine provided. When asked for comment and additional details following the announcement, neither the department nor Blair's office provided a public statement by deadline. The announcement came last week as Ottawa outlined another 324 firearms that it outlawed, contending they belong on the battlefield instead of in Canadian homes.
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Luigi Nicholas Mangione, the suspect in the fatal shooting of a healthcare executive in New York City, apparently was living a charmed life: the grandson of a wealthy real estate developer, valedictorian of his elite Baltimore prep school and with degrees from one of the nation's top private universities. Friends at an exclusive co-living space at the edge of touristy Waikiki in Hawaii where the 26-year-old Mangione once lived widely considered him a “great guy,” and pictures on his social media accounts show a fit, smiling, handsome young man on beaches and at parties. Now, investigators in New York and Pennsylvania are working to piece together why Mangione may have diverged from this path to make the violent and radical decision to gun down UnitedHealthcare CEO Brian Thompson in a brazen attack on a Manhattan street. The killing sparked widespread discussions about corporate greed, unfairness in the medical insurance industry and even inspired folk-hero sentiment toward his killer. But Pennsylvania Gov. Josh Shapiro sharply refuted that perception after Mangione's arrest on Monday when a customer at a McDonald's restaurant in Pennsylvania spotted Mangione eating and noticed he resembled the shooting suspect in security-camera photos released by New York police. “In some dark corners, this killer is being hailed as a hero. Hear me on this, he is no hero,” Shapiro said. “The real hero in this story is the person who called 911 at McDonald’s this morning.” Mangione comes from a prominent Maryland family. His grandfather, Nick Mangione, who died in 2008, was a successful real estate developer. One of his best-known projects was Turf Valley Resort, a sprawling luxury retreat and conference center outside Baltimore that he purchased in 1978. The Mangione family also purchased Hayfields Country Club north of Baltimore in 1986. On Monday, Baltimore County police officers blocked off an entrance to the property, which public records link to Luigi Mangione’s parents. Reporters and photographers gathered outside the entrance. The father of 10 children, Nick Mangione prepared his five sons — including Luigi Mangione’s father, Louis Mangione — to help manage the family business, according to a 2003 Washington Post report. Nick Mangione had 37 grandchildren, including Luigi, according to the grandfather's obituary. Luigi Mangione’s grandparents donated to charities through the Mangione Family Foundation, according to a statement from Loyola University commemorating Nick Mangione’s wife’s death in 2023. They donated to various causes, including Catholic organizations, colleges and the arts. One of Luigi Mangione’s cousins is Republican Maryland state legislator Nino Mangione, a spokesman for the lawmaker’s office confirmed. “Our family is shocked and devastated by Luigi’s arrest,” Mangione’s family said in a statement posted on social media by Nino Mangione. “We offer our prayers to the family of Brian Thompson and we ask people to pray for all involved.” Mangione, who was valedictorian of his elite Maryland prep school, earned undergraduate and graduate degrees in computer science in 2020 from the University of Pennsylvania, a university spokesman told The Associated Press. He learned to code in high school and helped start a club at Penn for people interested in gaming and game design, according to a 2018 story in Penn Today, a campus publication. His social media posts suggest he belonged to the fraternity Phi Kappa Psi. They also show him taking part in a 2019 program at Stanford University, and in photos with family and friends at the Jersey Shore and in Hawaii, San Diego, Puerto Rico, and other destinations. The Gilman School, from which Mangione graduated in 2016, is one of Baltimore’s elite prep schools. The children of some of the city’s wealthiest and most prominent residents, including Orioles legend Cal Ripken Jr., have attended the school. Its alumni include sportswriter Frank Deford and former Arizona Gov. Fife Symington. In his valedictory speech, Luigi Mangione described his classmates’ “incredible courage to explore the unknown and try new things.” Mangione took a software programming internship after high school at Maryland-based video game studio Firaxis, where he fixed bugs on the hit strategy game Civilization 6, according to a LinkedIn profile. Firaxis' parent company, Take-Two Interactive, said it would not comment on former employees. He more recently worked at the car-buying website TrueCar, but has not worked there since 2023, the head of the Santa Monica, California-based company confirmed to the AP. From January to June 2022, Mangione lived at Surfbreak, a “co-living” space at the edge of touristy Waikiki in Honolulu. Like other residents of the shared penthouse catering to remote workers, Mangione underwent a background check, said Josiah Ryan, a spokesperson for owner and founder R.J. Martin. “Luigi was just widely considered to be a great guy. There were no complaints,” Ryan said. “There was no sign that might point to these alleged crimes they’re saying he committed.” At Surfbreak, Martin learned Mangione had severe back pain from childhood that interfered with many aspects of his life, including surfing, Ryan said. “He went surfing with R.J. once but it didn’t work out because of his back,” Ryan said, but noted that Mangione and Martin often went together to a rock-climbing gym. Mangione left Surfbreak to get surgery on the mainland, Ryan said, then later returned to Honolulu and rented an apartment. An image posted to a social media account linked to Mangione showed what appeared to be an X-ray of a metal rod and multiple screws inserted into someone's lower spine. Martin stopped hearing from Mangione six months to a year ago. An X account linked to Mangione includes recent posts about the negative impact of smartphones on children; healthy eating and exercise habits; psychological theories; and a quote from Indian philosopher Jiddu Krishnamurti about the dangers of becoming “well-adjusted to a profoundly sick society.” Mangione likely was motivated by his anger at what he called “parasitic” health insurance companies and a disdain for corporate greed, according to a law enforcement bulletin obtained by AP. He wrote that the U.S. has the most expensive healthcare system in the world and that the profits of major corporations continue to rise while “our life expectancy” does not, according to the bulletin, based on a review of the suspect’s handwritten notes and social media posts. He appeared to view the targeted killing of the UnitedHealthcare CEO as a symbolic takedown, asserting in his note that he is the “first to face it with such brutal honesty,” the bulletin said. Mangione called “Unabomber” Ted Kaczynski a “political revolutionary” and may have found inspiration from the man who carried out a series of bombings while railing against modern society and technology, the document said. Associated Press reporters Lea Skene in Baltimore; Jennifer Sinco Kelleher in Honolulu; Maryclaire Dale in Philadelphia; John Seewer in Toledo, Ohio; and Michael Kunzelman in Washington, D.C., contributed to this report.
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The Latest: Police search for man who killed UnitedHealthcare CEO, new photos of suspect releasedThe masked gunman who stalked and killed UnitedHealthcare CEO Brian Thompson outside a Manhattan hotel used ammunition emblazoned with the words “deny,” “defend” and “depose,” a law enforcement official said Thursday. The gunman is still at large and a manhunt is underway. Here's the latest: Just minutes before the shooting, the suspect was seen on surveillance footage purchasing the two items from a nearby Starbucks. Both the water bottle and protein bar wrapper were later recovered from a trash can in the vicinity of the killing, according to a police spokesperson. They’ve been sent to the city’s medical examiner for expedited fingerprint testing. As the suspect remained at large Thursday afternoon, New York police were sorting through a growing number of leads coming in through a public hotline. Many have been unfounded, including a tip from a commuter who claimed to have spotted the shooter on a Long Island Rail Road train Wednesday evening. Police searched the train, but found no sign of the gunman. Members of the public have also provided police with several different names of people who bear a resemblance to the gunman — though they have yet to confirm the shooter’s identity. NYPD spokesperson Carlos Nieves urged anyone with information to contact the department “even if it seems trivial.” “We ask you to call the tip line because that little piece of information could be the missing piece of the puzzle that ties everything together,” he said. Users’ reactions — and in many cases jokes — populated comment sections teeming with frustration toward health insurers broadly and UnitedHealthcare in particular. “I would be happy to help look for the shooter but vision isn’t covered under my healthcare plan,” one comment read on Instagram. “Thoughts and prior authorizations!” wrote another user. Images released by police of a person they say is wanted for questioning in connection with the shooting match the lobby of the HI New York City hostel on Manhattan’s Upper West Side. Both feature a black-and-white checkered floor and a distinctive bench in the shape of a semicircle. Matheus Taranto, a guest at the hostel who’s visiting from Brazil, says he saw police at the lodging Wednesday evening. He said an officer wouldn’t let him access a bathroom where he wanted to brush his teeth. “I asked why, he was like, no, nothing happened,” said Taranto, 24. He didn’t connect the dots with the shooting until later. In Minnesota, police in the Minneapolis suburb of Maple Grove, where Thompson lived, said Thursday they believe a bomb threat on Wednesday night was a hoax. Maple Grove police put out a statement Thursday saying a “suspected swatting investigation” was underway. The department said it received a report of a bomb threat directed at two addresses around 7 p.m. CT Wednesday. The Minneapolis Bomb Squad and the Hennepin County Sheriff’s Office assisted, but investigators found no suspicions devices or other items. “The case is considered an active investigation, while the incident appears to be a hoax. No further comments will be made at this time,” the police statement said. Police reports provided to The Associated Press by the department show that officers made contact with family members at one of the homes and were told they had seen nothing suspicious and had received no direct threats. Back in Thompson’s home state of Minnesota, authorities were investigating a bomb threat that reportedly was made against his home Wednesday night, after his death. It was first reported by TMZ. City Prosecutor Andrew Draper confirmed to The Associated Press via email Thursday that he received an email Wednesday night “regarding a bomb threat. I reported it to the Maple Grove Police Department and do not have any additional information.” Maple Grove police officials did not immediately respond to requests for details Thursday. Local ATF spokesperson Ashlee Sherrill said: “ATF was made aware of the incident in Maple Grove last night, but no ATF resources were deployed. We are unable to confirm any further details.” A local FBI spokesperson did not immediately respond to a request for information on the FBI’s involvement in the investigation. The words emblazoned on the ammunition used in the shooting – “deny,” “defend” and “depose” – were written in permanent marker, according to a law enforcement official. The official wasn’t authorized to publicly discuss details of the ongoing investigation and spoke to The Associated Press on the condition of anonymity. — Jake Offenhartz As of Thursday morning, police were still searching for the shooter. They released new photos of a person they said is wanted for questioning in connection with the shooting. The images match the lobby of the HI New York City hostel on Manhattan’s Upper West Side, including its black-and-white checkered floor and a distinctive bench in the shape of a semi-circle. An employee at the hostel said police had visited but declined to provide further information. Danielle Brumfitt, a spokesperson for the lodging, said in an emailed statement that they are cooperating with the NYPD but can’t comment due to the active investigation. According to the official who spoke to AP about the ammunition messaging, investigators are running DNA and fingerprint analysis on items found near the shooting, including a water bottle, that they believe the suspect may have discarded. Additionally, they’re looking into whether the suspect had pre-positioned a bike as part of an escape plan. Doctors and patients have become particularly frustrated with prior authorizations, which are requirements that an insurer approve surgery or care before it happens. UnitedHealthcare was named in an October report detailing how the insurer’s prior authorization denial rate for some Medicare Advantage patients has surged in recent years. The report from the U.S. Senate Permanent Subcommittee on Investigations also named rivals Humana and CVS. Insurers say tactics like prior authorization are needed to limit unnecessary care and help control spiraling medical costs. Frustrations extend beyond the coverage of care. Expensive breakthrough medications to slow Alzheimer’s disease or help with obesity are frequently not covered or have coverage limits. In the U.S. health care system, patients get coverage through a mix of private insurers such as UnitedHealthcare and government-funded programs such as Medicaid and Medicare. That can prove particularly frustrating for doctors and patients because coverage often varies by insurer. Polls reflect those frustrations with the U.S. health care system in general and insurance companies in particular. About two-thirds of Americans said health insurance companies deserve “a lot of blame” for high health care costs, according to a KFF poll conducted in February . Thompson’s wife, Paulette Thompson, told NBC News that he told her “there were some people that had been threatening him.” She didn’t have details but suggested the threats may have involved issues with insurance coverage. Eric Werner, the police chief in the Minneapolis suburb where Thompson lived, said his department had not received any reports of threats against the executive. A message left at the scene of an insurance executive’s fatal shooting — “deny,” “defend” and “depose” — echoes a phrase commonly used to describe insurer tactics to avoid paying claims. The three words were emblazoned on the ammunition a masked gunman used to kill UnitedHealthcare CEO Brian Thompson , a law enforcement official told The Associated Press on Thursday. They’re similar to the phrase “delay, deny, defend” — the way some attorneys describe how insurers deny services and payment, and the title of a 2010 book that was highly critical of the industry. Police haven’t officially commented on the wording or any connection between them and the common phrase. But Thompson’s shooting and the messages on the ammunition have sparked outrage on social media and elsewhere, reflecting a deepening frustration Americans have over the cost and complexity of getting care. ▶ Read more about the messaging left behind by the shooter The New York Police Department released photos Thursday morning, asking for the public’s assistance in identifying the individual pictured. Police say the person is wanted for questioning in connection with the shooting of the UnitedHealthcare CEO. A Senate panel has been investigating how frequently three major insurers, including UnitedHealthcare, deny care to patients who are enrolled in Medicare Advantage plans. It has also investigated the use of artificial intelligence in deny those claims. Medicare Advantage is the private version of Medicare, which provides health insurance to millions of older Americans. The Senate’s Permanent Subcommittee’s report released earlier this year found that as UnitedHealthcare relied more on its automated system to review claims denials increased for post-acute treatment, which includes nursing home or rehabilitation care. The insurer denied nearly a quarter of claims, a rate that doubled over just a two-year period from 2020 to 2022. Joseph Kenny, the NYPD chief of detectives, says the shooter wore a black face mask, black-and-white sneakers and a distinctive gray backpack. He arrived outside the hotel about five minutes before UnitedHealthcare CEO Brian Thompson did, then waited and ignored other pedestrians before he approached Thompson from behind. After the assailant began to fire, his 9 mm pistol jammed but he quickly fixed it and kept firing, Kenny said, another sign of the shooter’s professionalism. “From watching the video, it does seem that he’s proficient in the use of firearms as he was able to clear the malfunctions pretty quickly,” Kenny said. The hostels were on Manhattan’s Upper West Side and police were following a tip that the suspect may have stayed at one of the residences, according to a law enforcement official briefed on the investigation. The official requested anonymity because they weren’t authorized to discuss the ongoing search. According to an employee of Kama Central Park, two detectives arrived at the hostel at 7 a.m. Thursday with a photo of the shooter and asked staff if they recognized the man. They did not, the employee said, and the detectives left soon after. An employee at the nearby HI New York City hostel also confirmed that police had visited the location Thursday, but declined to provide further information. — Jake Offenhartz New York Mayor Eric Adams said Thursday the shooter used a silencer — something he’d never encountered in his 22 years as a police officer. “In all of my years in law enforcement I have never seen a silencer before,” Adams, a retired NYPD captain, said in an appearance on MSNBC’s “Morning Joe.” “And so that was really something that was shocking to us all.” The masked gunman used ammunition emblazoned with the words “deny,” “defend” and “depose,” a law enforcement official said Thursday. The official was not authorized to publicly discuss details of the ongoing investigation and spoke to The Associated Press on the condition of anonymity. The words on the ammunition may have been a reference to strategies insurance companies use to try to avoid paying claims. Investigators recovered several 9 mm shell casings from outside the hotel, NYPD Chief of Detectives Joseph Kenny had said earlier. — Mike Balsamo, Jake Offenhartz and Michael R. Sisak The chief executive of UnitedHealthcare, one of the nation’s largest insurers, was killed Wednesday in midtown Manhattan in what police described as a targeted attack by a shooter outside a hotel where the company was holding a conference. ▶ Read more about the key things to know about the fatal attack
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The Irish Times view on political problems in France and Germany: a crisis at the heart of EuropeLooking to buy an underappreciated ASX stock with strong growth potential heading into 2025? Then you may wish to run your slide rule over (ASX: XAO) software solutions company, ( ). That's to ECP Asset Management's Damon Callaghan (courtesy of ). Callaghan said he is bullish on the outlook for Fineos. Although at the moment he said the ASX tech stock is still an "unloved, under-followed technology company". But that may well be set to change. "Fineos is leading in the development of modern core systems software for the life, accident and health insurance industry, in both North America and [Australia and New Zealand]," Callaghan said. He noted that investors may have been put off by the lacklustre financial performance the ASX tech stock has reported in recent years. However, he believes that performance is about to lift off. According to Callaghan, "Over the last five years, a slow deal environment ... makes its backward-looking [profit and loss statement] uncompelling. The business, however, is approaching an inflection point." He pointed to Fineos' new AdminSuite product as something the company's competition will find "extraordinarily difficult to replicate". "It has established a reputation as the software leader among major insurers and has recently developed tier-1 consulting partnerships set to drive new deals," Callaghan added. The ASX tech stock reported its September quarterly on 28 October. Fineos reported a 23% year on year increase in cash receipts from customers to 35.5 million euros. The boost was partly credited to the contribution of revenues from a new name customer. Cash receipts were down 2% from the prior quarter, which management noted had benefited from significant upsell wins. And the September quarter saw the launch of Fineos' AdminSuite, which Callaghan mentioned, at both Guardian and NYL. The ASX tech stock reported a closing cash balance at 30 September of 29.1 million euros. Commenting on the latest quarterly performance, Fineos CEO Michael Kelly said: Pleasingly, we secured another new contract win during the quarter and were able to finalise several important contract renewals. Our pipeline remains healthy and given the significant progress we are making with existing clients moving their business to the Fineos Platform, our growth prospects remain strong. The Fineos share price has gained 19% in a year. Much of that lift has come over the last month, with the ASX tech stock up 36% since 11 November.
NORWALK, Conn.--(BUSINESS WIRE)--Nov 26, 2024-- Xerox Holdings Corporation (NASDAQ: XRX) announced today the company will participate at the UBS 2024 Global Technology and AI Conference. UBS 2024 Global Technology and AI Conference About Xerox Holdings Corporation (NASDAQ: XRX) For more than 100 years, Xerox has continually redefined the workplace experience. Harnessing our leadership position in office and production print technology, we’ve expanded into software and services to sustainably power the hybrid workplace of today and tomorrow. Today, Xerox is continuing its legacy of innovation to deliver client-centric and digitally-driven technology solutions and meet the needs of today’s global, distributed workforce. From the office to industrial environments, our differentiated business and technology offerings and financial services are essential workplace technology solutions that drive success for our clients. At Xerox, we make work, work. Learn more at www.xerox.com and explore our commitment to diversity and inclusion. Note: To receive RSS news feeds, visit https://www.news.xerox.com . For open commentary, industry perspectives and views, visit http://www.linkedin.com/company/xerox , http://twitter.com/xerox , http://www.facebook.com/XeroxCorp , https://www.instagram.com/xerox/ , http://www.youtube.com/XeroxCorp . Xerox ® is a trademark of Xerox in the United States and/or other countries. View source version on businesswire.com : https://www.businesswire.com/news/home/20241126511050/en/ CONTACT: Media Contacts Callie Ferrari, Corporate Communications, +1-203-615-3363,callie.ferrari@xerox.com David Beckel, Investor Relations, +1-203-849-2318,david.beckel@xerox.com KEYWORD: CONNECTICUT UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: RETAIL CONSUMER ELECTRONICS TECHNOLOGY ARTIFICIAL INTELLIGENCE OFFICE PRODUCTS HARDWARE SOURCE: Xerox Holdings Corporation Copyright Business Wire 2024. PUB: 11/26/2024 02:00 PM/DISC: 11/26/2024 02:03 PM http://www.businesswire.com/news/home/20241126511050/en