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Police in New York City are searching for the gunman who killed the chief executive of America’s biggest health insurance provider outside a Manhattan hotel on Wednesday.

Brian Thompson, 50, was the chief executive of UnitedHealthcare – the fourth-largest public company in the United States.

He was targeted by what experts claim is a “seasoned, professional killer”, who shot him as he was walking into the hotel where his company was holding an investors’ conference.

What happened?

The shooting happened at 6.45am on Wednesday – just before sunrise.

Brian Thompson was in New York City for UnitedHealthcare’s annual investors conference, which was due to start at 8am.

As he walked towards the entrance of the Hilton hotel on Sixth Avenue, CCTV footage shows a gunman emerging from two parked cars behind him.

A map shows the scene of the shooting outside the Hilton hotel
Image:
A map shows the scene of the shooting outside the Hilton hotel

Police officers stand near the scene where the CEO of United Healthcare Brian Thompson was reportedly shot and killed in Midtown Manhattan.
Pic: Reuters
Image:
Pic: Reuters

The suspect draws his weapon and fires at least three times at close range – around 15ft (4.6m) away from him on the pavement.

Mr Thompson is shot in the back and the calf and falls to the ground.

The weapon, believed to have been fitted with a 9mm silencer, appears to jam, at which point the shooter fixes the problem and fires again.

An image of the individual sought in connection to the investigation of the shooting death of Brian Thompson, the CEO of UnitedHealth.
Pic: NYPD/Reuters
Image:
CCTV shows the suspect firing his weapon. Pic: NYPD/Reuters

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There was at least one bystander present, but the gunman does not approach them, instead crossing the street and disappearing down an alleyway on the other side of the road.

Wanted posters show CCTV pictures of him on an electric bike, which police say he fled the scene on and was last seen riding in nearby Central Park.

An image of the individual sought in connection to the investigation of the shooting death of Brian Thompson, the CEO of UnitedHealth.
Pic: NYPD/Reuters
Image:
CCTV shows the suspect fleeing on an e-bike. Pic: NYPD/Reuters

Emergency services later arrived at the scene, which is near the Rockefeller Center, where the famous annual Christmas lights switch-on took place hours after.

The UnitedHealthcare conference started on time as planned – but an hour later the chief executive of the firm’s wider group Andrew Whitty appeared on stage to say it was being cancelled.

Police officers stand near the scene where the CEO of United Healthcare Brian Thompson was reportedly shot and killed in Midtown Manhattan.
Pic: Reuters
Image:
Police officers guard the crime scene outside the Hilton hotel on Sixth Avenue. Pic: Reuters

Who was Brian Thompson?

Brian Thompson joined UnitedHealthcare from an accountancy firm in 2004 and was named chief executive officer in April 2021. He previously served as chief executive of the firm’s government programmes business.

UnitedHealthcare is the largest provider of Medicare Advantage plans in the US and manages insurance for employers and state and federally-funded programmes.

It is the fourth largest public company in the country – behind Walmart, Amazon, and Apple.

Top CEO shot dead outside hotel in New York City
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Brian Thompson. Pic: UnitedHealth Group/AP

He lived in a suburb of Minneapolis, Minnesota, which is around a 20-minute drive from the company headquarters.

He studied at the University of Iowa – and was married with two children.

His wife Paulette Thompson told NBC News that he had said “there were some people that had been threatening him” but gave no further details.

The police chief of the suburb where Mr Thompson lived, Eric Werner, said his department had received no reports of threats towards him.

His sister-in-law Elena Reveiz, told the New York Times: “He was a good person and I am so sad.”

UnitedHealthcare described him in its statement as a “highly respected colleague” and a “friend to all who worked with him”.

Mr Thompson had been in his role for three years. Pic: UnitedHealthcare/AP
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Mr Thompson’s wife said he had been receiving threats. Pic: UnitedHealthcare/AP

What do we know about the suspect?

Police officials are describing the shooting as a “premeditated, pre-planned, targeted attack” and “not a random act of violence”.

New York police commissioner Jessica Tisch said the killer appeared to have been “lying in wait for several minutes” for Mr Thompson to approach the hotel.

The 911 call describes him as around 5ft 10in, wearing all black, his face covered by a mask, and carrying a grey backpack.

Suspect in Brian Thompson murder
Image:
Pic: NYPD

Suspect in Brian Thompson murder
Image:
Pic: NYPD

Former FBI special agent Terry Rankhorn told Sky News his behaviour showed he was “clearly a seasoned, professional killer”.

“He paces his target. He doesn’t run up, like an inexperienced, emotional, amateur killer. He draws his weapon and takes careful aim,” he said.

Suspect in Brian Thompson murder
Image:
Pic: NYPD

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Mr Rankhorn said the gun is likely to have malfunctioned due to the mismatch between the 9mm silencer used and what was likely subsonic ammunition.

“The ill-fitted suppressor on the weapon can cause a malfunction,” he said. “But he knew exactly how to deal with it.”

Bullets lie on the sidewalk at the scene outside the Hilton Hotel in midtown Manhattan where Brian Thompson, the CEO of UnitedHealthcare, was fatally shot.
Pic: AP
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Bullets on the pavement at the scene of the crime. Pic: AP

A member of the NYPD Crime Scene Unit takes a picture of a shell casing found at the scene where the CEO of UnitedHealthcare Brian Thompson was  shot and killed in Midtown Manhattan
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Shell casings were found at the scene. Pic: Reuters

Mr Rankhorn said it is also noteworthy that the suspect spotted a bystander and was unfazed by them.

“He evaluates them to see if they’re any threat to him… determines they’re just trying to flee the scene, and returns focus to his target,” he said.

Crime scene investigators found several 9mm shell casings outside the hotel – and a mobile phone in the alleyway the gunman fled through.

The scene after Brian Thompson was fatally shot in New York. Pic: AP
Image:
The scene after Brian Thompson was fatally shot in New York. Pic: AP

Police officers work near the scene where the CEO of United Healthcare Brian Thompson was reportedly shot and killed.
Pic: Reuters
Image:
Pic: Reuters

They also searched Mr Thompson’s hotel room, interviewed his colleagues, and scoured his social media.

Mr Rankin told Sky News any motive is “purely speculation” at this early stage. But he adds that possibilities include Mr Thompson being involved in “white collar crime” whereby confederates may have feared him going to the police, or an “insider stock trading scandal”.

Police have given no indication of the gunman’s motive so far. They are offering a $10,000 (£7,860) reward for information.

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Financial markets were always going to respond to Trump tariffs but they’re also battling with another problem

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Global markets have given Trump a clear no-confidence vote - and his fickleness is making the problem worse

Global financial markets gave a clear vote of no-confidence in President Trump’s economic policy.

The damage it will do is obvious: costs for companies will rise, hitting their earnings.

The consequences will ripple throughout the global economy, with economists now raising their expectations for a recession, not only in the US, but across the world.

Tariffs latest: FTSE 100 suffers biggest daily drop since COVID

Financial investors had been gradually re-calibrating their expectations of Donald Trump over the past few months.

Hopes that his actions may not match his rhetoric were dashed on Wednesday as he imposed sweeping tariffs on the US’ trading partners, ratcheting up protectionism to a level not seen in more than a century.

Markets were always going to respond to that but they are also battling with another problem: the lack of certainty when it comes to Trump.

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He is a capricious figure and we can only guess his next move. Will he row back? How far is he willing to negotiate and offer concessions?

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These are massive unknowns, which are piled on to uncertainty about how countries will respond.

China has already retaliated and Europe has indicated it will go further.

That will compound the problems for the global economy and undoubtedly send shivers through the markets.

Much is yet to be determined, but if there’s one thing markets hate, it’s uncertainty.

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Stock markets suffer sharp drops after Donald Trump announces sweeping tariffs

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Stock markets suffer sharp drops after Donald Trump announces sweeping tariffs

Stock markets around the world fell on Thursday after Donald Trump announced sweeping tariffs – with some economists now fearing a recession.

The US president announced tariffs for almost every country – including 10% rates on imports from the UK – on Wednesday evening, sending financial markets reeling.

While the UK’s FTSE 100 closed down 1.55% and the continent’s STOXX Europe 600 index was down 2.67% as of 5.30pm, it was American traders who were hit the most.

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All three of the US’s major markets opened to sharp losses on Thursday morning.

A person works on the floor at the New York Stock Exchange in New York, Monday, March 31, 2025. Pic: AP
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The S&P 500 is set for its worst day of trading since the COVID-19 pandemic. File pic: AP

By 8.30pm UK time (3.30pm EST), The Dow Jones Industrial Average was down 3.7%, the S&P 500 opened with a drop of 4.4%, and the Nasdaq composite was down 5.6%.

Compared to their values when Donald Trump was inaugurated, the three markets were down around 5.6%, 8.7% and 14.4%, respectively, according to LSEG.

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Worst one-day losses since COVID

As Wall Street trading ended at 9pm in the UK, two indexes had suffered their worst one-day losses since the COVID-19 pandemic.

The S&P 500 fell 4.85%, the Nasdaq dropped 6%, and the Dow Jones fell 4%.

It marks Nasdaq’s biggest daily percentage drop since March 2020 at the start of COVID, and the largest drop for the Dow Jones since June 2020.

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The latest numbers on tariffs

‘Trust in President Trump’

White House press secretary Karoline Leavitt told CNN earlier in the day that Mr Trump was “doubling down on his proven economic formula from his first term”.

“To anyone on Wall Street this morning, I would say trust in President Trump,” she told the broadcaster, adding: “This is indeed a national emergency… and it’s about time we have a president who actually does something about it.”

Later, the US president told reporters as he left the White House that “I think it’s going very well,” adding: “The markets are going to boom, the stock is going to boom, the country is going to boom.”

He later said on Air Force One that the UK is “happy” with its tariff – the lowest possible levy of 10% – and added he would be open to negotiations if other countries “offer something phenomenal”.

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How is the world reacting to Trump’s tariffs?

Economist warns of ‘spiral of doom’

The turbulence in the markets from Mr Trump’s tariffs “just left everybody in shock”, Garrett Melson, portfolio strategist at Natixis Investment Managers Solutions in Boston, told Reuters.

He added that the economy could go into recession as a result, saying that “a lot of the pain, will probably most acutely be felt in the US and that certainly would weigh on broader global growth as well”.

Meanwhile, chief investment officer at St James’s Place Justin Onuekwusi said that international retaliation is likely, even as “it’s clear countries will think about how to retaliate in a politically astute way”.

He warned: “Significant retaliation could lead to a tariff ‘spiral of doom’ that could be the growth shock that drags us into recession.”

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It comes as the UK government published a long list of US products that could be subject to reciprocal tariffs – including golf clubs and golf balls.

Running to more than 400 pages, the list is part of a four-week-long consultation with British businesses and suggests whiskey, jeans, livestock, and chemical components.

Meanwhile, Prime Minister Sir Keir Starmer said on Thursday that the US president had launched a “new era” for global trade and that the UK will respond with “cool and calm heads”.

It also comes as Canadian Prime Minister Mark Carney announced a 25% tariff on all American-imported vehicles that are not compliant with the US-Mexico-Canada trade deal.

He added: “The 80-year period when the United States embraced the mantle of global economic leadership, when it forged alliances rooted in trust and mutual respect and championed the free and open exchange of goods and services, is over. This is a tragedy.”

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Trump’s tariffs are about something more than economics: power

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Trump's tariffs are about something more than economics: power

Tanking stock markets, collapsing world orders, devastating trade wars; economists with their hair ablaze are scrambling to keep up.

But as we try to make sense of Donald Trumps’s tariff tsunami, economic theory only goes so far. In the end this surely is about something more primal.

Power.

Understanding that may be crucial to how the world responds.

Yes, economics helps explain the impact. The world’s economy has after all shifted on its axis, the way it’s been run for decades turned on its head.

Instead of driving world trade, America is creating a trade war. We will all feel the impact.

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Donald Trump says he is settling scores, righting wrongs. America has been raped, looted and pillaged by the world trading system.

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But don’t be distracted by the hyperbole – and if you think this is about economics alone, you may be missing the point.

Above all, tariffs give Donald Trump power. They strike fear into allies and enemies, from governments to corporations.

This is a president who runs his presidency like a medieval emperor or mafia don.

It is one reason why since his election we have seen what one statesman called a conga line of sycophants make their way to the White House, from world leaders to titans of industry.

The conga line will grow longer as they now redouble their efforts hoping to special treatment from Trump’s tariffs. Sir Keir Starmer among them.

President Trump’s using similar tactics at home, deploying presidential power to extract concessions and deter dissent in corporate America, academia and the US media. Those who offer favours are spared punishment.

His critics say he seeks a form power for the executive or presidential branch of government that the founding fathers deliberately sought to prevent.

Whether or not that is true, the same playbook of divide and rule through intimidation can now be applied internationally. Thanks to tariffs

Each country will seek exceptions but on Trump’s terms. Those who retaliate may meet escalation.

This is the unforgiving calculus for governments including our own plotting their next moves.

The temptation will be to give Trump whatever he wants to spare their economies, but there is a jeopardy that compounds the longer this goes on.

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Chinese Vice President Han Zheng gestures to Britain's Chancellor of the Exchequer Rachel Reeves following a photo session at the Great Hall of the People in Beijing, Saturday, Jan. 11, 2025. (Florence Lo/Pool Photo via AP)
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Could America’s traditional allies turn to China? Pic: AP

Malcolm Turnbull, the former Australian prime minister who coined the conga line comparison, put it this way: “Pretty much all the international leaders I have seen that have sucked up to Trump have been run over. The reality is if you suck up to bullies, whether it’s global affairs or in the playground, you just get more bullying.”

Trading partners may be able to mitigate the impact of these tariffs through negotiation, but that may only encourage this unorthodox president to demand ever more?

Ultimately the world will need a more reliable superpower than that.

In the hands of such a president, America cannot be counted on.

When it comes to security, stability and prosperity, allies will need to fend for themselves.

And they will need new friends. If Washington can’t be relied on, Beijing beckons.

America First will, more and more, mean America on its own.

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