Sohu.com Reports Second Quarter 2020 Unaudited Financial Results

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BEIJING, Aug. 10, 2020 /PRNewswire/ — Sohu.com Limited (NASDAQ: SOHU), China’s leading online media, video, search and gaming business group, today reported unaudited financial results for the second quarter ended June 30, 2020.

The privatization of Changyou was completed on April 17, 2020. After the effectiveness of the transaction, Changyou’s net income/loss was wholly attributable to Sohu.com Limited. For the second quarter of 2020, Changyou recognized an additional accrual of withholding income tax of US$88 million, as Changyou changed its policy for its PRC subsidiaries with respect to distribution of cash dividends after the completion of …

Business Is Booming for Dialysis Giant Fresenius. It Took a $137M Bailout Anyway.

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As the coronavirus pandemic paralyzed most nonemergency medical practices this spring, the dialysis business, vital to the survival of patients with kidney disease, rolled ahead and in some cases grew.

Yet when the Trump administration sent billions in federal relief funds to medical organizations, at least $259 million went to dialysis providers, a KHN analysis of federal records found. Of that, kidney care behemoth Fresenius Medical Care accepted more than half, at least $137 million, despite acknowledging it had ample financial resources, the analysis showed.

The full amount going to Fresenius and many other dialysis providers is far higher than

Insurance Business Process Outsourcing (BPO) Market could be Worth 65880 million USD by 2026

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The MarketWatch News Department was not involved in the creation of this content.

Aug 10, 2020 (Market Insight Reports) —
The Global Insurance Business Process Outsourcing (BPO) Market Research Report 2020-2026 offers an in-depth evaluation of each crucial aspect of the Global Insurance Business Process Outsourcing (BPO) industry that relates to market size, share, revenue, demand, sales volume, and development in the market. The report analyzes the Insurance Business Process Outsourcing (BPO) market over the values, historical pricing structure, and volume trends that make it easy to predict growth momentum and precisely estimate forthcoming opportunities in the Insurance Business Process

Can the Finance Industry Be Trusted This Time?

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(Bloomberg Opinion) — Like the rest of us, the world’s finance industry is still wrestling with the huge uncertainty of a pandemic that doesn’t yet have an end. The sector’s reputation took a battering after the financial crisis, and it’s too early to say how things will go this time.

One area in the spotlight is insurance, with myriad claims being pursued by small businesses seeking redress for their Covid-related losses. In one of many cases around the world, the U.K.’s financial market regulator is taking on the insurance industry in a High Court battle that could affect as many