Pharmaceutical companies plan to increase prices on 350 drugs in the US, even with pressure from President Trump.
Pharmaceutical companies are set to increase prices for at least 350 brand-name medications in the U.S., which includes vaccines for COVID-19, respiratory syncytial virus, shingles, and the popular cancer treatment Ibrance. This information comes from healthcare research firm 3Axis Advisors, despite ongoing pressure from President Trump for price reductions. The number of drugs facing price […]
Trump Media to launch a new cryptocurrency for its shareholders
Trump Media & Technology Group to Issue New Digital Tokens On Wednesday, Trump Media & Technology Group revealed plans to distribute new digital tokens to its shareholders. This move aligns with the increasing policy support for cryptocurrencies emerging from Washington. In early afternoon trading, shares of the company, linked to President Trump and operating the […]
Tech companies offer nicotine pouches as a workplace benefit, raising concerns among doctors.
In an effort to enhance productivity, some tech startups are offering free nicotine pouches to their employees. These flavored pouches, which are making their way into office fridges and vending machines, are intended to help workers focus better. However, health professionals are cautioning that this could lead to a new wave of addiction, particularly among […]
Food52, a popular New York City food company, has shut down while a competitor seeks to acquire it.
Food52 Files for Bankruptcy Amid Financial Struggles It seems like things have really taken a turn for the worse. Food52 Inc., the popular food and home decor company based in Brooklyn, has filed for bankruptcy protection this week after laying off numerous employees earlier in the month. This 16-year-old company lost its funding when its […]
Gold and silver close out a record-breaking year with uncertainty.
Gold and silver wrapped up a volatile year by hitting record prices. The metals surged to new heights during light trading after Christmas, yet they faced a dramatic drop on Monday due to margin-related sell-offs, only to bounce back on Tuesday before losing steam again early Wednesday. Gold climbed to nearly $4,565 an ounce late […]
Wall Street anticipates another exceptional year of major agreements following record-breaking deals exceeding $10 billion in 2025.
2025: A Year of Mega-Deals In 2025, a major wave of mergers kicked off, with 68 transactions surpassing the $10 billion mark. Wall Street investors made a strong comeback in large mergers, establishing it as the most active year for global M&A since the pandemic, suggesting a renewed confidence among corporate leadership. This year saw […]
Most Fed officials expect additional rate cuts if inflation decreases, minutes show
Minutes from the Federal Reserve’s meetings on December 9th and 10th indicate that many officials believe additional rate cuts could be necessary if inflation continues to decline. Earlier in December, policymakers voted 9-3 to reduce interest rates to a target range of 3.5% to 3.75%. This division reflects the most dissent since 2019, as debates […]
JCPenney sale turns troublesome as buyer claims seller is undermining the $947 million transaction
Legal Battle Over J.C. Penney Store Sale Heats Up A significant legal dispute has emerged surrounding the planned sale of over 100 J.C. Penney stores, with Onyx Partners claiming that Copper Property Trust intentionally derailed the deal to pursue better offers. This high-stakes lawsuit was filed recently in Manhattan Supreme Court. Onyx alleges that Copper […]
Bari Weiss asks George Clooney to come to the CBS newsroom after he claims she’s harming the network.
In a recent exchange, CBS News editor-in-chief Bari Weiss criticized George Clooney just after he gained French citizenship, suggesting he had contributed to the network’s decline. Clooney responded by inviting her to the newsroom, playfully implying she might benefit from some journalistic retraining. Weiss’s email, shared with The Post by CBS’s parent company, Paramount Skydance, […]
NPR’s CEO Katherine Maher declined to step down despite pressure from the CPB CEO, according to a report.
NPR CEO Stands Firm Amid Funding Controversy Katherine Maher, the CEO of NPR, is reportedly not stepping down despite pressure from a key supporter after President Trump and Congress cut funding in response to claims of biased reporting. Information from the New York Times indicates that Patricia Harrison, the CEO of the Corporation for Public […]