Friday, January 17, 2020

MixedTimes - Business

Payless ShoeSource emerges from bankruptcy—again

Payless ShoeSource has emerged from Chapter 11 bankruptcy protection for a second time, the company said on Thursday, with a renewed focus on its international operations.

The IRS delayed refunds for 275,000 taxpayers last year. Here's why

The IRS kept $2.7 billion in refunds out of the hands of fraudsters last year through Sept. 30, according to the Taxpayer Advocate Service. Unfortunately, hundreds of thousands of legitimate filers waited more than 40 days to get their money.

Pharmacy unit boosts UnitedHealth as costs rise

UnitedHealth reported a 16.5% rise in fourth-quarter profit on Wednesday, helped by strength in its core business that sells health plans as well as its Optum segment, which includes its pharmacy benefits management unit.