Posts with tag: backpacking
Alibaba Q3 revenue beats estimates on strong e-commerce sales and cost-conscious consumers.
Published on: February 20, 2025, 11:03 AM UTC
The so-called DOGE commission, tasked with eliminating government waste, has produced claimed "savings" of billions of dollars through canceled or renegotiated contracts. They've targeted agencies like USAID, the Education Department, and Social Security Administration. However, the actual impact of these cuts remains uncertain, with concerns raised about their accuracy and potential economic consequences.
Published on: February 20, 2025, 11:02 AM UTC
Drug companies and pharmacy benefit managers are clashing in Washington, D.C. over rebate strategies amid rising scrutiny of PBM practices. CVS defends PBMs' role in lowering branded drug costs, despite industry shifts toward generic and low-cost options from Walmart, GoodRx, and telehealth companies.
Published on: February 20, 2025, 11:01 AM UTC
Airbus CEO seeks EU antitrust approval for space merger talks with Thales and Leonardo.
Published on: February 20, 2025, 11:00 AM UTC
President Trump signs executive orders to massively review regulations and reduce federal entities, aiming to eliminate burdens on businesses and cut government spending and programs.
Published on: February 20, 2025, 06:01 AM UTC
A battle is brewing in Washington, D.C., between pharmaceutical companies and pharmacy benefit managers (PBMs) as President Donald Trump's new administration takes shape. The drug industry's biggest lobbying firm, PhRMA, has released its policy priorities for 2025, including putting patients before PBM profits. That has spurred PBMs like CVS Caremark (CVS) to defend their companies' value in the overall healthcare system.
Published on: February 20, 2025, 02:01 AM UTC
Grab shares fall as revenue outlook trails estimates, suggesting caution in Southeast Asia market amid GoTo competition.
Published on: February 20, 2025, 12:00 AM UTC
Q4 revenue beat estimates as Appian (APPN) posts wider loss
Published on: February 19, 2025, 01:07 PM UTC
Coatue Management discloses a $1 billion stake in Reddit, which has surged in value since October driven by strong earnings.
Published on: February 19, 2025, 09:00 AM UTC
Mainland Chinese investors bought HK$22.4 billion of Hong Kong stocks on Tuesday, fueling a tech rally in the city.
Published on: February 19, 2025, 03:00 AM UTC