Thursday 26 September 2024

High insulin prices spur a federal lawsuit against three pharmacy benefit managers

The federal government is suing some big pharmacy benefit managers over a system of drug rebates that regulators say has made the price of insulin soar for diabetic patients.  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
 
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High insulin prices spur a federal lawsuit against three pharmacy benefit managers

The federal government is suing some big pharmacy benefit managers over a system of drug rebates that regulators say has made the price of insulin soar for diabetic patients. More Info ➔
US agency review says Nevada lithium mine can co-exist with endangered flower

RENO, Nev. (AP) — U.S. land managers said Thursday they've completed a final environmental review of a proposed Nevada lithium mine that would supply minerals critical to electric vehicles and a clean energy future while still protecting an . More Info ➔
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South Korea sets a compensation plan for dog meat farmers before the 2027 ban

SEOUL, South Korea (AP) — South Korea announced plans Thursday to compensate famers and others in the country's dwindling dog meat industry before a formal ban goes effect in 2027, a move that is drawing opposition from both farmers and animal rights activists. More Info ➔
Mideast Tensions latest: Gold Apollo says a Budapest company made exploding pagers under its brand

Taiwanese company Gold Apollo said Wednesday that it authorized its brand on the but that another company based in Budapest manufactured them. More Info ➔
Revolutionary Tech Alert: How Elon Musk Is Changing Lives - Ad

"Elon Musk's Neuralink just received FDA breakthrough status for a revolutionary device designed to restore vision to those who've lost it entirely. And the first human clinical trials have opened for recruitment. This is more than just a medical miracle -- it's a wealth-building opportunity. I believe Elon Musk's groundbreaking technology could unlock tremendous financial opportunities for early investors... And I've found a way for you to get in on the action." --Eric Fry See it here.
NVIDIA, Salesforce Announce Strategic AI Collaboration: What To Know

NVIDIA and Salesforce on Tuesday announced a strategic collaboration to develop advanced AI capabilities for enterprises with autonomous agent and interactive avatar experiences. Here's what to know. More Info ➔
Peter Schiff Says Unlikely That Fed Rate Cuts Will Lower Borrowing Costs, Predicts Rising Mortgage Rates And Dollar Collapse — Suggests 100 Basis Points Rate Hike As Cure

Economist Peter Schiff has cautioned that the upcoming rate cuts by the Federal Reserve may not lower borrowing costs, according to a post on X on Monday. More Info ➔
Man Who Called Nvidia at $1.10 Says Buy This Now... - Ad

In 2004, a man predicted Nvidia's rise. Now, he says a new company, which IPO'd in 2023, could soar like Nvidia. It signed a major deal with Apple for its AI tech in iPhones and iMacs. Could it be the next trillion-dollar company? See why he believes it's among "The Next Magnificent Seven." Get the details here
Is Mayor Adams' Crackdown On Illegal Cannabis Working? NYC Council Weighs In After 1,000+ Store Closures

NYC's Operation Padlock has shut 1,000 illegal cannabis shops and boosted legal sales by 97%. City Council reviews the crackdown's impact. More Info ➔
After Starship Test Flight Is Pushed Back To November, SpaceX Says It 'Takes Longer' To Do Paperwork 'Than It Does To Design And Build' The Rocket: Elon Musk Says 'We Will Never Get Humanity To Mars If This Continues'

Elon Musk's spacecraft manufacturing company SpaceX on Tuesday pinned regulatory red tape as the cause for delays in the development of its ambitious Starship launch vehicle whose fifth flight test is now expected in late November. More Info ➔
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Top 3 Energy Stocks That Could Lead To Your Biggest Gains This Month

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies. More Info ➔
Longshoremen at key US ports threatening to strike over automation and pay

Determined to thwart the automating of their jobs, about 45,000 dockworkers along the U.S. East and Gulf Coasts are threatening to strike on Oct. 1, a move that would shut down ports that handle about half the nation's cargo from ships. More Info ➔
Text of the policy statement the Federal Reserve released Wednesday

WASHINGTON (AP) — Below is the statement the Federal Reserve released Wednesday after its latest policy meeting ended: More Info ➔
Chinese EV Maker Nio Eyes Audi's Brussels Plant Amid European Expansion: Report

Chinese EV maker Nio is reportedly eyeing taking over Volkswagen brand Audi's car plant in the Brussels city of Vorst. More Info ➔
Why Is Plug Power Stock Surging Premarket On Thursday?

Plug Power Inc. secures 25MW order for PEM electrolyzers from BP and Iberdrola's Castellón refinery project in Spain, expected to reduce CO2 emissions by 23,000 tons annually. More Info ➔
How much will Southwest Airlines change to boost profits? Some details are emerging

DALLAS (AP) — Leaders of Southwest Airlines are set to explain how they plan to remodel the airline to change with consumer tastes -- and maybe keep their own jobs. More Info ➔

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