Finance

A new report reveals troubling practices by pharmacy benefit managers (PBMs) that may be driving up medication costs for patients. Discover how these powerful intermediaries may be influencing your access to affordable prescriptions and what implications this could have for your healthcare choices.

Hamet Watt is forging a new path after the rise and fall of MoviePass, launching Share Ventures to support the next wave of startups. With nearly $20 million in funding from industry titans like Alphabet and Amazon, Watt aims to harness AI and automation to transform venture capital. Dive into his vision for the future…

Hims & Hers shakes up the telehealth industry with the addition of Kåre Schultz to its board. With his vast pharmaceutical expertise, he hints at transformative changes ahead. Could this be the key to unlocking affordable health solutions? Find out what this means for the future of healthcare and the skyrocketing demand for weight loss…

Boeing has scored major deals for its 787 Dreamliner and 777 aircraft, securing commitments from Japan Airlines and Korean Air just as competition with Airbus heats up. With these new orders announced at the Farnborough International Airshow, the aviation landscape is shifting. What does this mean for Boeing’s future and its rivals? Dive into the…

In a surprising twist of events, Democrats have unleashed a fundraising powerhouse just after President Biden’s announcement not to seek re-election. With over $100 million pouring in within 48 hours, the grassroots momentum is palpable. Discover how this surge is shaping the 2024 election landscape and what it means for Vice President Kamala Harris’s campaign.…

McDonald’s latest $5 meal deal aims to lure back budget-conscious diners, but will it really boost profits? With slender margins and various operational costs at play, franchise owners might find themselves navigating more challenges than expected. Discover the intricate balance between promotion and profitability behind this enticing offer.

Discover the extraordinary journey of Jaclyn Sienna India, the mastermind behind a luxurious travel concierge service that has captured the hearts of celebrities and world leaders alike. With a unique approach that blends genuine care with exclusive experiences, find out how she turned early skepticism into a thriving business. What captivating offerings set her apart…

Spotify is celebrating a remarkable financial turnaround, posting record profits and a surge in users after its first price increase for Premium plans. With the stock soaring and CEO Daniel Ek highlighting the platform’s innovation, what does this mean for the future of audio streaming? Dive into the details of Spotify’s impressive comeback and evolving…

Delta Air Lines is under scrutiny as a tech outage leads to staggering flight cancellations and consumer complaints. Transportation Secretary Pete Buttigieg emphasizes the need for fairness in the airline’s response. Discover what’s happening behind the scenes and how the airline is trying to recover amidst this chaos.

General Motors is raising its financial forecasts for 2024 after a standout second-quarter performance that surprised Wall Street. With revised earnings estimates and a surge in stock value, CEO Mary Barra highlights exciting advancements in both traditional and electric vehicles. But that’s not all—changes are underway in GM’s autonomous vehicle strategy and operations in China.…

A startling trend is emerging in the world of diabetes treatment, as a recent study uncovers a sharp increase in prescriptions of GLP-1 medications for individuals without diabetes. As new prescriptions for diabetic patients continue to decline, experts voice concerns over potential shortages of these crucial drugs. What does this shift mean for the future…

A South Korean tech mogul finds himself in hot water as allegations of stock manipulation surface. Kim Beom-su, the founder of Kakao, faces serious accusations tied to a K-pop takeover bid, raising concerns about his potential flight and evidence tampering. Dive into the unfolding drama that could shake the foundations of one of Asia’s leading…

Amazon’s ambitious foray into the realm of Alexa-enabled devices has taken an unexpected turn, racking up staggering losses. With enormous investments leading to disappointing usage patterns, the retail giant is now at a crossroads. How will CEO Andy Jassy steer the future of Alexa amidst doubts and challenging market dynamics? Discover the unfolding story behind…

A recent investigation uncovers troubling practices by pharmacy-benefit managers (PBMs) that may be pushing patients toward pricier medications while limiting their pharmacy choices. Delve into the findings of a comprehensive report that raises serious questions about the influence of PBMs on prescription drug pricing and patient access to affordable treatments. What implications do these revelations…

As the real estate market faces unprecedented challenges, indecisive buyers are becoming the norm. With record cancellation rates and soaring home prices, many are backing out of purchase agreements over seemingly minor details. Discover what’s driving this trend and how it’s reshaping the landscape for potential homeowners.

Hamet Watt, the visionary behind MoviePass, is stepping into a new chapter with Share Ventures, a venture studio focused on startups in future work and longevity. With nearly $20 million in backing, Watt is looking to revolutionize the venture capital landscape by harnessing innovative technologies. Discover how his personal journey shapes this ambitious new initiative…

Delta Air Lines is facing significant disruptions after a global software outage led to the cancellation of thousands of flights. With hundreds of flights grounded and delays piling up, passengers are left in limbo. What caused this chaos, and how is Delta responding? Click to find out more about the airline’s turbulent weekend and the…

As VP Kamala Harris positions herself for a potential presidential bid, Goldman Sachs predicts minimal shifts in economic policy compared to the Biden administration. With Biden’s recent endorsement and growing support, the stakes are high as the Democratic Party navigates a tight election landscape. What changes might Harris bring to fiscal policy, and who could…

Sam Altman, the CEO of OpenAI, is shaking up the conversation around basic income with an ambitious study that directly affects the lives of thousands. Discover how unconditional cash payments are reshaping employment choices and personal goals for participants living below the poverty line. What surprising outcomes emerged from this groundbreaking initiative? Dive into the…

Johnson & Johnson is seeking FDA approval to expand the use of its ketamine-based medication, Spravato, as a standalone treatment for treatment-resistant depression. With promising results from recent trials, this could signify a major shift in how depression is addressed. What does this mean for patients? Read on to discover the potential impact of this…

In a surprising turn of events, just a day after President Biden announced his departure from the re-election race, Democrats raked in a staggering $100 million in donations. This unprecedented surge hints at a powerful grassroots movement rallying behind Vice President Kamala Harris. What does this mean for the upcoming election cycle? The story reveals…