US FTC to File Lawsuit Against 3 Biggest Prescription Drug Middlemen Over Insulin Prices: Report

US FTC to File Lawsuit Against 3 Biggest Prescription Drug Middlemen Over Insulin Prices: Report

The US Federal Trade Commission (FTC) is reportedly filing a lawsuit against the three biggest prescription drug middlemen over insulin prices.


UK Unveils New Stock Market Listing Rules to Simplify, Streamline the Process

As UK IPOs declined, the Financial Conduct Authority (FCA) has proposed new regulations for stock market listings.

New York Hotels Will Not Be Permitted to Use Small Shampoo and Lotion Bottles — Here’s Why

Hotel guests in New York will no longer be able to receive "hospitality care" goods like shampoo and lotion in small bottles.

BMW Recalls More Than 390,000 US Cars Over Potential Issues With Takata Airbags

BMW has issued a recall for 394,000 cars in the US because of defective Takata airbag inflators that might cause severe or fatal injuries.


Latest News

Alzheimer's Treatment Breakthrough: Nasal Sprays Boost Brain Health, Study Suggests
A recent study indicates that nasal sprays containing tiny lipophilic micelles may significantly enhance Alzheimer's treatment by improving cognitive function.
Archegos Founder Bill Hwang Found Guilty of Securities Fraud
Defunct hedge fund firm Archegos Capital Management founder Bill Hwang has been found guilty of securities and market manipulation fraud which prosecutors claimed cost global investment banks billions.
Australian State Requires Retailers to Close for Anzac Day, Retailers Slam Decision
The Australian state of New South Wales announced that general retail trade would be closed for the entirety of April 25 every year in commemoration of Anzac Day.
Elon Musk's Tesla Interns Blame CEO For Ruined Summer Plans Due To Last Minute Revokes
Elon Musk was held not liable for failing to pay at least $500 million in severance to thousands of Twitter employees he laid off after buying the firm.
Costco
Costco will raise membership fees starting in September, the first in 7 years. A worker pushes carts outside a Costco Wholesale store May 31, 2006 in Mount Prospect, Illinois.
Dave Haldi, CEO of Credit Gnomes
Credit Gnomes addresses long-standing challenges in the property management industry by enabling property managers to report tenants' rental payment data directly to major credit bureaus—Experian, Equifax, and TransUnion. This empowers property managers to leverage credit reporting, offering solutions to these issues. This approach not only encourages tenants to prioritize rent payments but also provides them with the opportunity to build positive credit histories.
Chinese Report Claims Fuel Trucks Used to Transport Cooking Oil
Chinese authorities are reviewing an investigative report which alleged the practice of using fuel tankers to carry cooking oil, rocking the country into a major food safety scandal.
Intuit Slashes 1,800 Jobs in AI-Focused Overhaul of Operations
Intuit announced it will lay off 1,800 employees as part of an AI-focused reorganization, with plans to rehire at least that many in fiscal 2025.
New CNN CEO Mark Thompson Lays Off 100 Employees in Major Restructuring Effort
CNN's new CEO Mark Thompson initiated his first major restructuring effort by laying off 100 employees, marking a significant move as he attempts to revitalize the struggling cable channel.
UK Supreme Court Rules Against British Airways, Paving Way for Massive Compensation Claims
The UK Supreme Court's ruling against British Airways on flight delays entitles passengers to compensation for cancellations due to staff illness, potentially benefiting tens of thousands annually.
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