UnitedHealth’s big shake-up
FT News Briefing
Forhecz Topher
4.4 • 1.2K Ratings
🗓️ 14 May 2025
⏱️ 12 minutes
🧾️ Download transcript
Summary
The White House unveiled what it says is $600bn worth of defence and artificial intelligence deals with Saudi Arabia, UnitedHealth Group shares sink to the lowest level in more than four years, and US inflation fell to 2.3 per cent in April. Plus, Nissan plans to axe 15 per cent of its global workforce and almost halve its number of plants.
Mentioned in this podcast:
Donald Trump lauds Saudi Arabia as he unveils AI and defence deals
UnitedHealth chief Andrew Witty steps down as shares plunge
US inflation falls to 2.3% in April as tariff effect looms
Nissan to axe 15% of global workforce and almost halve number of plants
Today’s FT News Briefing was produced by Sonja Hutson, Kasia Broussalian, Lulu Smyth, and Marc Filippino. Additional help from Simon Panayi, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s co-head of audio. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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Transcript
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| 0:00.0 | We're Equinor, an energy company searching for better. Currently, we supply 27% of the UK's gas, |
| 0:07.0 | 15% of its oil, and we're playing our part in the UK's energy transition. In 2023, we invested |
| 0:14.1 | 20% of our global gross spend in renewables and lower carbon solutions. Today, our wind farms power |
| 0:20.0 | 750,000 homes, and we expect this to grow to |
| 0:23.3 | over 7 million UK households. We're an energy company searching for better. Equinor.com. |
| 0:29.0 | UK. |
| 0:32.7 | Good morning from the Financial Times. Today is Wednesday, May 14th. And this is your FT News briefing. |
| 0:39.3 | U.S. President Donald Trump has already had an eventful trip to the Middle East. |
| 0:43.7 | And Nissan's problems have somehow gotten worse. |
| 0:47.2 | United Health is hoping that a familiar face can help the U.S. health insurance company bounce back. |
| 0:53.2 | I'm Mark Filipino, and here's the news you need to start your day. |
| 1:01.5 | President Donald Trump is looking for deals in the Middle East this week, and yesterday, |
| 1:06.2 | he announced some from Saudi Arabia. |
| 1:08.3 | The White House said the kingdom is committing $600 billion in investments |
| 1:12.2 | towards artificial intelligence and defense. As part of it, Saudi Arabia will purchase |
| 1:17.3 | hundreds of thousands of Nvidia chips over the next five years. The U.S. will also beef up Riyadh's |
| 1:23.4 | Air Force, Space, and Missile capabilities. And while in Saudi Arabia, Trump had things to say about nearby Syria. |
| 1:31.6 | The U.S. has agreed to lift sanctions on the new government. |
| 1:34.6 | Those were in place because of the country's brutal civil war. |
| 1:38.0 | But Arab states have been pushing for the U.S. to relax them ever since the fall of Bashir al-Assad. |
| 1:43.4 | Trump heads to Qatar and the United Arab Emirates next. |
| 1:52.6 | Nissan's bumpy road isn't getting any smoother. |
... |
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