Morning links — October 13, 2026
UnitedHealth’s recovery comes with fewer members <CNBC>
UnitedHealth raised its profit outlook as quarterly net income climbed to $4.11 billion from $2.35 billion, with its turnaround including shrinking membership and exits from unprofitable contracts.
Pie Five’s pizza empire is down to 13 shops <Restaurant Business>
Pie Five has shrunk from 88 locations at its 2016 peak to 13, and parent Rave Restaurant Group expects more contraction even as it keeps looking for franchisees.
Smartphones get dearer as shipments shrink <Counterpoint Research>
Counterpoint’s preliminary estimates put global third-quarter smartphone shipments down 20% from a year earlier, while it says memory shortages have helped push retail prices up 20% so far in 2026.

