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In this May 1, 2006 File Photo, William McGuire, then-CEO of health insurer United HealthGroup Inc., speaks to an audience of journalists at the Society of American Business Editors and Writers 43rd Annual Conference in Minneapolis, Minn. McGuire later left the company after questions were raised about stock options backdating. UnitedHealth on Wednesday said it will pay $895 million to settle lawsuits over its stock option practices, and it warned that weaker business and higher costs will cut into profits this year.

Published May 1, 2006