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It's the Thig of Earning Season. We'll bring you the latest updates from GM and other big U.S. companies.

Plus, what's next for health insurers after the Trump administration's position on Medicare payments shocked the industry.

You'll likely see advertising campaigns.

You'll likely see a lot of lobbying of members of Congress.

The final rates tend to come out in early April.

So we've got a window here when the industry can try to change the direction.

And for Amazon, fresh and go stores are out, but Whole Foods is in.

It's Tuesday, January 27th.

I'm Alex Oslov for the Wall Street Journal.

This is the PM edition of What's News, the top headlines and business stories that move the world today.

Shares of Medicare insurers like United Health Group and Humana dove today.

Why? The Trump administration's proposing that the rates the government pays to reimburse insurers for Medicare plans would stay roughly flat next year, rising by an estimated 0.09% on average.

That's well short of the 4 to 6% that Wall Street expected and affects a business that's central to insurers' finances and hopes for growth.

Anna Wealdi Matthews, who covers health insurance for the

journal, is here to discuss. Anna, what is the administration's reasoning behind keeping this rate

essentially flat? Well, it's definitely a surprise for investors, as you can see with what's going on

...