Finance

Johnson & Johnson is pushing the boundaries of depression treatment with a new request to the FDA that could change the landscape for those facing treatment-resistant depression. Discover how their ketamine-based medication, Spravato, might soon be available as a standalone therapy, offering hope to millions who struggle to find relief. Dive into the details of…

Delta Air Lines is under scrutiny as the Department of Transportation investigates the airline’s handling of recent flight cancellations caused by a widespread tech outage. With thousands of flights disrupted and numerous complaints flooding in, the scrutiny raises questions about consumer rights and airline accountability. What measures are being taken to address this situation? Click…

A recent study highlights a surprising trend: more non-diabetic individuals are being prescribed GLP-1 medications while prescriptions for diabetics are on the decline. This shift has raised concerns about potential shortages of these popular weight-loss drugs, originally intended for type 2 diabetes. Discover the implications of this changing landscape and what it could mean for…

A high-profile South Korean billionaire and tech mogul finds himself in hot water, facing serious allegations of stock manipulation tied to a major K-pop agency. As concerns grow over potential flight and evidence tampering, the ramifications for both his company and the K-pop industry could be monumental. Is this the start of Kakao’s biggest crisis?…

In a surprising turn of events, Google’s ambitious $23 billion acquisition of Israeli startup Wiz has fallen through, leaving the tech world buzzing with implications. As Wiz sets its sights on a massive revenue milestone and an IPO, the fallout is expected to reverberate through the industry, especially for Microsoft. With ongoing antitrust challenges looming…

Apple is reevaluating its strategy for Apple TV+ after an astonishing $20 billion investment in original content that has often gone unnoticed. As executives discuss the need to rein in production budgets, the streaming platform faces challenges with viewership and subscriber growth. Could a shift in direction be on the horizon? Dive into the details…

A shocking new report unveils how pharmacy-benefit managers may be steering patients toward more expensive medications while limiting their pharmacy choices. With powerful PBMs controlling a staggering portion of U.S. prescriptions, the implications for patient care and costs are significant. Discover the alarming findings and what they could mean for your healthcare options. Don’t miss…

As the real estate market faces unprecedented challenges, buyers are becoming more selective than ever. With record-high home prices and rising mortgage rates, a staggering number of purchase agreements are being terminated. What’s causing this wave of indecision among potential homeowners? Discover the factors driving these changes and what they mean for the future of…

Hamet Watt is embarking on an exciting new chapter with the launch of Share Ventures, a studio dedicated to cultivating innovative startups. With nearly $20 million raised and high-profile backers like Alphabet and Amazon, Watt is optimistic about harnessing the current market dynamics. Discover how his personal experiences and insights from MoviePass are fueling this…

Hims & Hers has made a notable addition to its board by appointing Kåre Schultz, a seasoned executive from Novo Nordisk. With his extensive background in the pharmaceutical industry, Schultz is excited about redefining healthcare access. As the company introduces a competitively priced compounded weight loss medication, the market is reacting positively. What does this…

Ryanair faces turbulence as disappointing earnings lead to a steep stock drop. CEO Michael O’Leary reveals challenges with passenger growth costs and struggles with aircraft deliveries. What does this mean for the airline’s future and travelers? Dive into the details of Ryanair’s current situation and outlook ahead.

Reddit is shaking up the sports marketing scene with exciting new partnerships featuring major leagues like the NFL, NBA, and more. Get ready for exclusive video highlights, interactive sessions with players, and behind-the-scenes action starting this Monday! Discover how this move could reshape fan engagement and elevate Reddit’s presence in the sports world. Don’t miss…

McDonald’s new $5 meal deal promises to lure cost-conscious diners, but will it truly boost profits? Experts weigh in on the promotional strategy’s potential pitfalls and the hidden costs franchise owners might face. Dive into the discussion to uncover the complexities behind this enticing offer!

General Motors is making waves with a promising financial outlook for 2024, significantly boosting its earnings forecast after a standout second quarter. With optimistic projections in cash flow and earnings per share, and a notable increase in stock value, there’s much to unpack. Discover how GM is navigating the evolving landscape of electric vehicles and…

A significant twist in the K-pop industry as a South Korean tech mogul faces arrest amid stock manipulation allegations. With ties to the powerhouse Kakao and its controversial acquisition of SM Entertainment, the implications of this scandal could ripple through the music scene. Dive into the unfolding drama that has sent shockwaves through the market…

Amazon’s ambitious Alexa project faces significant challenges, with financial losses exceeding $25 billion from 2017 to 2021. While hundreds of millions use Echo devices, most functionality revolves around basic tasks instead of shopping. Amid doubts about a potential paid version of the assistant, the company is also reportedly shifting its focus to generative AI. Discover…

In a surprising turn of events, Google’s ambitious $23 billion bid for Israeli cybersecurity startup Wiz has fallen through. As Wiz shifts focus toward a potential IPO and aims for $1 billion in annual revenue, the implications for the tech landscape—especially for Microsoft—could be far-reaching. Amidst rising antitrust pressures and recent cybersecurity challenges, how will…

Apple is rethinking its approach to original content for Apple TV+, as reports reveal the tech giant has spent a staggering $20 billion on productions that many audiences have overlooked. With plans to adjust budgets and strategies, the future of Apple’s streaming service may be shifting. What does this mean for the landscape of digital…

A recent investigation raises troubling questions about pharmacy-benefit managers (PBMs) and their influence on prescription costs. With a focus on expensive medications and limited pharmacy choices, the findings suggest a potential conflict of interest affecting patients’ access to affordable treatments. What does this mean for your healthcare? Discover the alarming details behind the report and…

Hamet Watt, the visionary behind MoviePass, is embarking on a fresh journey with his new venture studio, Share Ventures. Discover how he’s harnessing the current landscape of AI and high interest rates to reshape the world of startup financing. What lessons from his past will drive this innovative approach forward? Dive into the story behind…

Melinda French Gates has publicly endorsed President Biden’s reelection bid, praising his leadership during a turbulent time for the nation. In a passionate message, she highlights his commitment to equality, support for caregivers, and the significance of the upcoming election. What impact could her endorsement have on the political landscape? Discover her thoughts on the…