Business

The ongoing debate surrounding pharmacy benefit managers (PBMs) reveals a complex interplay of interests in the healthcare industry. At the heart of this discussion is the role of PBMs like CVS Health’s Caremark, which some critics accuse of inflating medication prices while simultaneously acting as intermediaries between drug manufacturers and consumers. Recent statements made by
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Recent developments in the beauty industry have sparked considerable concern as several notable companies, including E.l.f. Beauty and Estee Lauder, reported significant financial setbacks. This series of disappointing earnings announcements has not only led to drastic declines in stock prices but has also raised questions about the broader state of the beauty market. The impact
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In a significant and controversial move, the National Collegiate Athletic Association (NCAA) revised its policy regarding transgender student-athletes, specifically limiting the competitive participation of trans women in women’s sports. This change came just days after President Donald Trump enacted an executive order aimed at defunding schools that permit trans women to compete. The new NCAA
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General Motors’ Cruise division has recently announced substantial layoffs, a move emblematic of the turbulence faced by autonomous vehicle (AV) companies. The decision to cut roughly half of its workforce comes in the wake of a strategic pivot away from robotaxis, as GM shifts focus towards integrating autonomous technology into personal vehicles. With a hefty
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The ongoing trade tensions between the United States and Canada have unforeseen implications, particularly concerning the entertainment industry. As known as “Hollywood North,” Canada has long served as a favored production latitude for American film and television enterprises. The North American Free Trade Agreement (NAFTA) once facilitated prosperous collaborations, thanks to favorable tax incentives that
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On a fateful Wednesday night, the skies above the Potomac River bore witness to an unprecedented tragedy, as an Army Black Hawk helicopter collided with American Airlines Flight 5342. This harrowing incident not only resulted in a catastrophic loss of lives but also plunged the aviation community into a vortex of questions regarding operational protocols,
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