In recent discussions surrounding healthcare, the spotlight has increasingly fallen on pharmacy benefit managers (PBMs), particularly entities like CVS Health’s Caremark. These intermediaries have become the center of a heated debate, as they navigate the delicate balance between negotiating drug prices and affecting patient access to medications. While CVS CEO David Joyner contends that PBMs
Business
Recently, the business world has been watching closely as President Donald Trump has implemented significant changes to tariffs on aluminum and steel imports. With these new tariffs raised to 25% from 10%, many companies, including beverage giant Coca-Cola, are adjusting their strategies to mitigate potential financial impacts. CEO James Quincey outlined the company’s response during
In a world increasingly characterized by economic uncertainty and a rapidly evolving automotive landscape, Stellantis has emerged as a frontrunner in a notably brave move—advertising during Super Bowl 59. As the first and only automotive company to step onto this grand stage this year, Stellantis, the parent group of iconic car brands like Ram and
Once a beloved staple in everyone’s wardrobe, the skinny jean has faced significant backlash over the years. Criticized for exuding unflattering silhouettes and promoting unrealistic body standards, these form-fitting jeans became emblematic of millennial and Y2K fashion. However, signs indicate that this polarizing style may be making its way back into our closets. Recent events
This week has proved disastrous for numerous companies within the beauty sector, with E.l.f. Beauty and Estee Lauder experiencing significant stock declines following disappointing earnings reports. Investors were rattled as E.l.f. Beauty faced its most significant weekly plunge since August 2018, dropping by nearly 29%. Although the company reported a revenue increase for its fiscal
The landscape of collegiate athletics in the United States has witnessed a significant upheaval following the National Collegiate Athletic Association’s (NCAA) recent policy update, which specifically impacts transgender student-athletes. As of now, trans women are barred from competing in women’s sports, a decision that comes shortly after an executive order from then-President Donald Trump aimed
Disney is set to release its fiscal first-quarter earnings on Wednesday, and financial analysts are keenly focused on the company’s streaming and theme park divisions. As Wall Street prepares for the announcement, key metrics such as earnings per share and overall revenue will be scrutinized closely. According to a recent survey conducted by LSEG, analysts
General Motors (GM) has made a remarkable pivot in its business strategy, leading to substantial failures within its self-driving subsidiary, Cruise. The announcement that Cruise will lay off around 50% of its workforce marks a significant turning point for a company that once envisioned an expansive future with its robotaxi venture. Since its acquisition of
The entertainment industry often presents a complex web of collaborations and economic strategies, particularly between Hollywood and its northern neighbor, Canada. With the recent introduction of tariffs by President Donald Trump, this long-standing partnership faces potential turbulence. In an environment where both economic and artistic aspirations intertwine, understanding how these changes may disrupt production, financial
In a tragic turn of events, a collision between an Army Black Hawk helicopter and an American Airlines jetliner claimed the lives of 67 individuals over the Potomac River near Washington, D.C., marking one of the darkest chapters in U.S. aviation history since 2001. The magnitude of this disaster, with all 64 souls aboard American