FTC finds middlemen inflate specialty generic drug prices by billions of dollars Pharmacy benefit managers, which serve as the middlemen between drug makers, insurers and pharmacies, reaped $7.3 billion in revenue from marking up the prices of dozens of specialty generic drugs ... 01/14/2025 - 10:24 am | View Link
Top three insurers reaped $7.3 billion through their drug middlemen’s markups, FTC says Regulators published their most detailed findings yet on how some of the nation’s largest companies profited from ‘excess’ prescription price hikes of 1,000% or more. 01/14/2025 - 8:48 am | View Link
Russia to lose billions in monthly revenue due to new US sanctions The United States anticipates that new sanctions targeting Russian oil companies will result in Moscow losing billions of dollars in revenues each month, Reuters reported on Jan. 10. 01/8/2025 - 11:01 am | View Link
Delta to Tie Loyalty Program to Uber, Ending 8-Year Lyft Partnership Delta will link its SkyMiles program to Uber, both companies announced at the CES conference in Las Vegas on Tuesday. 01/8/2025 - 1:55 am | View Link
Major US airlines make billions off junk fees, Senate finds A new Senate report reveals airlines are generating billions of dollars on extra services like seat and baggage fees. 01/6/2025 - 4:38 pm | View Link
Microsoft is the company that launched the Windows operating system and ubiquitous office productivity programs like Word, Excel, and Powerpoint. David Ryder/Getty ImagesMicrosoft is a software company known for products like Windows, Microsoft 365, and Xbox. Microsoft is one of the largest software companies in the world by market cap.
TikTok CEO Shou Zi Chew. Matt McClain/The Washington Post/Getty Images. TikTok told its US employees that they'd still have jobs if the app goes dark. The company reassured staffers that the leadership team is planning for various scenarios. The Supreme Court is currently reviewing TikTok's request for more time on its divestment deadline.
STR/NurPhoto via Getty ImagesThe Securities and Exchange Commission has filed suit against Elon Musk. The new suit alleges Musk violated securities law related to his purchase of Twitter shares. It's not the first time the Tesla leader has gone toe-to-toe with the SEC. The Securities and Exchange Commission has filed suit against Elon Musk, alleging he violated securities law related to his $44 billion acquisition of Twitter, according to a federal docket.
Walmart; Getty Images; Alyssa Powell/BIKoyaana Redstar, a luxury bag authenticator, has decades of experience identifying fake Hermès Birkin bags. She said that the viral "Walmart Birkin," or "Wirkin," has several telltale signs of being a dupe. But Walmart is also not trying to convince anybody that the Wirkin is the real deal, she added.
Israel's Air Force now dominates the skies right up to Iran's border, thanks to advanced aircraft like the F-35 stealth fighter. JACK GUEZ/AFP via Getty ImagesIsrael has used its Air Force to strike its enemies with impunity. Syria's collapse now gives it unprecedented power in the air, right up to Iran's border."Israel now has open skies to Iran," a Middle East analyst told BI.
STR/NurPhoto via Getty ImagesThe Securities and Exchange Commission has filed suit against Elon Musk. The new suit alleges Musk violated securities law related to his purchase of Twitter shares. It's not the first time the Tesla leader has gone toe-to-toe with the SEC. The Securities and Exchange Commission has filed suit against Elon Musk, alleging he violated securities law related to his $44 billion acquisition of Twitter, according to a federal docket.