Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

Good morning. Today is Thursday, May 15th. I'm Julie Morgan. A DOJ investigation, a potential retail buyout,

and Buffett shares the moment he knew it was time.

United Health Group is reportedly under investigation by the Department of Justice for

potential Medicare fraud. The Wall Street Journal reported that the probe is centered around

the Medicare Advantage business. United Health shares were down 8% and after hours trading on Wednesday. Pre-market,

UNH, is still under pressure, down 5%. The health care fraud unit at DOJ is spearheading the investigation.

The newspaper noted that the division investigates transgressions such as kickbacks that lead to

higher Medicare and Medicare payments.

The probe is the latest headache for the health insurance giant, which just had an unexpected

CEO change on Tuesday. Earlier this month, a group of shareholders sued the company,

alleging it hit the business impact from the backlash surrounding the murder

of United Health Care CEO Brian Thompson.

Foot Locker is up more than 68% in pre-market action after reports circulated that the company

is in acquisition talks with Dick's sporting goods. According to the Wall Street Journal,

Dix is offering $24 a share or $2.3 billion for Foot Locker. A deal could be

finalized as soon as today. Foot Locker shares have hovered near record lows around

$11, pressured by tariff announcements and Nike's heightened promotional activity to clear outdated inventory.

In another article on Seeking Alpha, we're discussing why Dick's sporting goods may be getting a good deal if it buys footlocker at a premium.

I'll leave a link to the article in show notes.

Warren Buffett made the decision to step down as Berkshire Hathaway's CEO after finally feeling his

age. The 94-year-old billionaire said in an interview with the Wall Street Journal,

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