Biden administration examining role of supply chain middlemen in generic drug shortages
The FTC and HHS are seeking public comment on the contracting practices and market concentration of group purchasing organizations and drug wholesalers.
How Elon Musk’s war on Delaware could change the way corporations make some of their biggest decisions
Delaware is home to over 60% of the Fortune 500, but Elon Musk moved SpaceX and Neuralink out of the state this week, and is aiming to spur a corporate exodus.
AI is shaking up online dating with chatbots that are ‘flirty but not too flirty’
In 2024, more people are using AI to flirt, whether it’s generating messages for dating apps or helping to create profiles.
How Nescafé came to dominate the instant coffee market
With 25 factories globally, Nescafé is sold in 180 countries. Worldwide one in seven cups of coffee consumed is a Nescafé.
Mortgage rates surge higher again, causing homebuyers to pull back
Mortgage rates are rising sharply again, causing mortgage demand to drop.
Mortgage rates surge higher again, causing homebuyers to pull back
Mortgage rates are rising sharply again, causing mortgage demand to drop.
Lyft shares jump over 35%, retaining some gains after forecast error
The company said it had made a major error in a press release reporting its latest results, but nonetheless outperformed analyst estimates.
Biden is calling out corporations because ‘his administration is underwater with independents,’ Andrew Yang says
President Joe Biden called out snack companies on Super Bowl Sunday, asking them to put a stop to “shrinkflation.”
Waymo issues a voluntary recall on its self-driving vehicle software
In its first recall, Waymo said it updated its software to better predict a towed vehicle’s motion.
Jeff Bezos sells more than $2 billion in Amazon stock
The sales come a few days after he disclosed a separate sale of Amazon stock worth more than $2 billion.
