In recent months, a significant crisis has unfolded for a substantial number of Americans relying on fintech platforms, as they find themselves locked out of their savings. The collapse of Synapse, a fintech intermediary established in 2014, has left over 100,000 customers of various fintech apps—such as Yotta, Juno, and Copper—unable to access their accounts
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The Federal Trade Commission (FTC) is poised to take significant legal action against three prominent U.S. health companies known as pharmacy benefit managers (PBMs). This anticipated move highlights ongoing concerns regarding the pricing practices associated with these middlemen, particularly concerning essential medications such as insulin. With the FTC alleging that these companies inflate drug costs
In recent years, there has been a notable shift in consumer preferences, particularly regarding alcohol consumption. As more individuals become health-conscious, alternative beverage options have emerged, leading to a surge in the popularity of nonalcoholic beers. Athletic Brewing Company, a pioneer in this realm, has recently taken significant strides in expanding its operations and offerings.
In a significant development within the entertainment landscape, Paramount Global has reached an agreement to merge with Skydance Media. This merger culminates a protracted negotiation process fraught with complexities and uncertainties, signaling a transformative period for the iconic studio. With the Redstone family relinquishing their long-held control over Paramount, this merger represents more than just
In a rapidly evolving technological landscape, the semiconductor industry is poised at a critical juncture. As the demand for chips escalates across various sectors—from consumer electronics to automotive manufacturing—the industry faces a mounting challenge: a significant workforce shortage. With estimates projecting a shortfall of approximately one million skilled workers in the U.S. by 2030, driven
Over the last few years, the landscape of women’s soccer in the United States has seen a dramatic transformation, driven largely by the infusion of private equity capital. As the National Women’s Soccer League (NWSL) leads the charge in opening its doors to private equity investors, a seismic shift is occurring within the realm of
Ford Motor Company’s recent announcement of a 1% increase in sales during the second quarter compared to the same period last year reflects the automaker’s resilience in a fiercely competitive automotive landscape. This growth is particularly notable in the context of broader market trends, where many manufacturers are grappling with challenges ranging from supply chain
The Manhattan real estate market is experiencing a noticeable transformation in 2024, flipping from a seller’s advantage to a buyer’s market. A recent report from Douglas Elliman and Miller Samuel reveals that average sales prices for apartments have experienced a decline, dropping approximately 3% to slightly over $2 million. This trend is mirrored by the
The Boston Celtics, one of the most storied franchises in National Basketball Association (NBA) history, have garnered international attention by announcing their intention to sell the team. This announcement, conveyed through social media by the ownership group Boston Basketball Partners LLC, signals a pivotal moment for a franchise that recently celebrated its remarkable 18th championship.
As the global film industry grapples with ever-changing audience preferences and a diminished content pipeline, Fathom Events has emerged as a beacon of success within the realm of alternative cinema. Established as a joint venture between major theater chains AMC, Regal, and Cinemark, Fathom has consistently appealed to moviegoers looking for distinctive shows. By reviving