The Federal Trade Commission is gearing up to file lawsuits against three major U.S. health companies for their role as middlemen in negotiating prices for essential medications like insulin. According to a source familiar with the matter, the agency believes that these companies are responsible for inflating costs for patients. The targets of the upcoming
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In a time where health and wellness trends are at the forefront of consumer consciousness, nonalcoholic beverages have seen a surge in popularity. With more than 40% of Americans actively trying to drink less alcohol by 2024, the demand for nonalcoholic options is on the rise. One company that has capitalized on this trend is
Paramount Global has recently reached an agreement to merge with Skydance, marking a significant development in the entertainment industry. This merger follows an intense negotiation process involving various stakeholders. Notably, the Redstone family, who have long controlled Paramount, will be stepping away from the company’s ownership. The special committee at Paramount approved the merger after
The semiconductor industry is currently facing a significant challenge in recruiting workers due to the tight labor market. With the increasing competition for talent and the dispersal of funding from the CHIPS and Science Act aimed at boosting domestic production, companies in the semiconductor space are feeling the pressure. According to a 2023 study from
The landscape of women’s soccer is shifting, with private equity investors starting to take a more prominent role in the National Women’s Soccer League (NWSL). Unlike other major U.S. sports leagues like Major League Soccer, the National Basketball Association, Major League Baseball, and the National Hockey League, which have only allowed private equity investors to
During the second quarter, Ford saw a 1% increase in sales compared to the previous year. This growth was primarily driven by a 5% increase in truck sales, marking the company’s best second-quarter performance in this category since 2019. Specifically, Ford saw a total of 308,920 vehicles sold in the truck category, with the F-Series
The second quarter of 2024 has brought significant changes to the Manhattan real estate market, with prices declining and inventory increasing. Reports from Douglas Elliman and Miller Samuel indicate that the average sales price in Manhattan experienced a 3% decrease, now standing at just over $2 million. Additionally, the median price dropped by 2% to
The Boston Celtics, winners of the 2024 National Basketball Association championship, have made a surprising announcement – the team is up for sale. The ownership group, Boston Basketball Partners LLC, revealed their plan to sell all shares of the team for estate and family planning purposes. This decision marks a significant change for the historic
In a time where traditional movie theaters are struggling to attract audiences in a sea of streaming services and digital distractions, Fathom Events has managed to carve out a unique niche for itself. For over 20 years, this joint venture between AMC, Regal, and Cinemark has been bringing alternative content to the big screen. From