FTC finds middlemen inflate specialty generic drug prices by billions of dollars
By Tami Luhby, CNN (CNN) — Pharmacy benefit managers, which serve as the middlemen between drug makers, insurers and pharmacies, reaped $7.3…
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Colonial Pipeline shuts vital gasoline pipeline because of a leak in Georgia
By Matt Egan and Paul P. Murphy, CNN (CNN) — The Colonial Pipeline has temporarily shut its main gasoline line – America’s largest fuel…
Continue ReadingMeta is cutting 5% of its ‘lowest performers’
By Ramishah Maruf and Clare Duffy, CNN New York (CNN) — Meta is aiming to cut about 5% of what it calls its “lowest performers” with plans…
Continue ReadingWoodford Reserve’s parent company is cutting nearly 700 jobs as spirit sales sink
By Jordan Valinsky, CNN New York (CNN) — Brown-Forman, the parent company of Jack Daniel’s whiskey and Woodford Reserve bourbon, is laying…
Continue ReadingBoeing closes the books on a terrible 2024
By Chris Isidore, CNN New York (CNN) — Boeing had a decent orderbook in December to cap a very bad year. But its deliveries for the month show…
Continue ReadingCapital One accused of ‘cheating millions of customers’ out of interest rate payments
By Jordan Valinsky, CNN New York (CNN) — Capital One is being sued by the US government’s consumer watchdog agency for “cheating millions…
Continue Reading‘Too many Airbnbs’: Spain’s prime minister wants up to 100% property tax on foreign buyers
Al Goodman, CNN Madrid (CNN) — Spain’s prime minister is pushing for far-reaching action to ease the nation’s housing crunch, including a…
Continue ReadingMSNBC chief Rashida Jones steps down as network prepares for spinoff
By Brian Stelter, CNN New York (CNN) — Rashida Jones is stepping down as president of MSNBC and one of her top lieutenants, Rebecca Kutler, is…
Continue ReadingTrump’s reelection prompts record reader donations to The Guardian in new ‘Trump bump’
By Brian Stelter, CNN New York (CNN) — There’s a new “Trump bump” materializing for some news outlets, though it’s showing up…
Continue ReadingWholesale inflation heated up less than expected last month
By Alicia Wallace, CNN (CNN) — There appears to be some welcome news on the US inflation front. Price hikes on the wholesale level were much…
Continue ReadingStarbucks ends its ‘open-door’ policies
By Jordan Valinsky and Nathaniel Meyersohn, CNN New York (CNN) — Starbucks doesn’t want to be America’s public bathroom anymore. Starbucks…
Continue ReadingSoon to be out of a job, Meta’s fact-checkers battle a blaze of wildfire conspiracy theories
KCAL, KCBS, CNN By Donie O’Sullivan, CNN Los Angeles (CNN) — Just hours after Meta chief Mark Zuckerberg announced last Tuesday that the…
Continue ReadingLA wildfires displaced tens of thousands. With rents soaring, finding affordable housing will be their next challenge
By Chris Isidore, CNN New York (CNN) — Martin Johnson and his fiancé, Celeigh Chapman, had spent several years restoring and renovating their…
Continue ReadingLA wildfires displaced tens of thousands. With some rents up as much as 20%, finding affordable housing is the next challenge
CNN By Chris Isidore, CNN New York (CNN) — Martin Johnson and his fiancé, Celeigh Chapman, had spent several years restoring and renovating…
Continue ReadingThe great social media migration: Sudden influx of US users to RedNote connects Chinese and Americans like never before
By Eric Cheung, Joyce Jiang and Hassan Tayir, CNN Hong Kong (CNN) — As Supreme Court justices ponder the future of TikTok in the United States,…
Continue ReadingAmerica is in the middle of an egg shortage
By Vanessa Yurkevich, CNN New York (CNN) — American food markets are running short on eggs, and the situation may not improve for months. The…
Continue ReadingApple backs its diversity policies, calling anti-DEI proposal ‘restricting’
By Auzinea Bacon, CNN (CNN) — Apple’s board of directors has recommended shareholders vote against a conservative think tank’s proposal to…
Continue ReadingSoCal Edison blamed in a lawsuit for starting one of the Los Angeles fires
By David Goldman, CNN (CNN) — Southern California Edison, the electrical utility for Los Angeles, has been sued for its alleged role in…
Continue ReadingIndustry groups sue to stop Biden from banning medical debt on credit reports
By Tami Luhby, CNN (CNN) — Opposition is quickly forming against the Biden administration’s rule to ban medical debt from appearing on…
Continue ReadingRachel Maddow returns to MSNBC five nights a week for Trump’s first 100 days
By Liam Reilly, CNN New York (CNN) — Rachel Maddow is returning to the anchor chair five nights a week. The MSNBC prime time star is expanding…
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