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☆ Exclusive: AI healthcare software startup Cohere Health just raised $50 million
▼ + stars: | 2024-02-01 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +4 min

Cohere Health just landed $50 million in Series B extension funding, Business Insider has learned exclusively. Deerfield Management led the Series B extension, with participation from Define Ventures, Flare Capital Partners, Longitude Capital, and Polaris Partners. The Cohere Health team. This year, as it works to get more health plans to use its software, Cohere plans to grow its workforce. In the second quarter of this year, Cohere plans to announce software that will apply AI to medical imaging.

Persons: Siva Namasivayam, Cohere, Axios, Namasivayam, It's, Michael Greeley, Lynne Chou O'Keefe, Greeley, Cohere's Organizations: Cohere, Business, Deerfield Management, Define Ventures, Flare Capital, Longitude, Polaris Partners, Humana, Capital Partners, Cohere Health Locations: Deerfield, Cohere

Ron DeSantis suspended his Republican presidential campaign on Sunday, ending his 2024 White House bid just before the New Hampshire primary while endorsing his bitter rival Donald Trump. Ambassador Nikki Haley as the last major candidates remaining in the race ahead of Tuesday’s New Hampshire primary. “Option A: Nikki Haley drops out, unites behind President Trump, and commits to defeating Joe Biden," they wrote. “Option B: Nikki Haley prepares to be absolutely DEMOLISHED and EMBARRASSED in her home state of South Carolina," which votes on Feb. 24. Rep. James James Spillane, of Deerfield, said he had initially backed Trump, switched to DeSantis and will now vote for Trump.

Persons: Ron DeSantis, Donald Trump, Trump, Nikki Haley, DeSantis, Haley —, ” DeSantis, “, Haley, he’s, it’s, “ DeSantis, DeSantis ’, I’ve, Anthony Fauci, Joe Biden, ”, Chip Roy, ” Trump, Chris LaCivita, Susie Wiles, Ron, Ron DeSanctimonious ”, James James Spillane, Lisa Mascaro, Thomas Beaumont, Michelle L, Price Organizations: MANCHESTER, —, — Florida Gov, Republican, New, GOP, Trump, Republican Party, Sunday, New Hampshire Sunday, New Hampshire, Manchester, Associated Press Locations: N.H, — Florida, New Hampshire, Tuesday’s, Hampshire, Seabrook , New Hampshire, Iowa, Florida, South Carolina, Trump, Texas, United States, New, Manchester, Deerfield, Washington, Des Moines , Iowa, Manchester , New Hampshire

Money managers through Nov. 28 extended their K.C. wheat net short to near 50,000 futures and options contracts, their largest since May 2019 and among their biggest-ever shorts. Grain futures sank in the week ended Nov. 28, including a 3.2% decline in CBOT March corn and a 1.8% slide in March wheat . CBOT March wheat found contract lows on Nov. 27 but touched three-week highs by Friday, presumably motivated by short covering. Funds in that week cut their net long in CBOT soybean futures and options to 67,562 contracts from 81,587 a week earlier.

Persons: Dane Rhys, Corn, Karen Braun, Chris Reese Organizations: REUTERS, Rights, Reuters, Thomson Locations: Deerfield , Ohio, U.S, Rights NAPERVILLE , Illinois, Chicago, Kansas City, Minneapolis, Brazil

☆ Opinion | Is Biden vs. Trump the ‘Election We Need’?
▼ + stars: | 2023-11-20 | by ( ) www.nytimes.com time to read: +4 min

We need this election to once and for all defeat MAGA and Trumpism, and send Donald Trump packing, if he is not in prison. Nicholas BuxtonNew YorkTo the Editor:Carlos Lozada writes: “Joe Biden versus Donald Trump is not the choice America wants. I would rather risk losing to a Nikki Haley than take the chance on beating Mr. Trump. Millions of people are yearning for an alternative to an octogenarian Joe Biden and to an existentially dangerous to our democracy Donald Trump. In a recent poll, a “generic” Democrat matched against Mr. Trump outperformed Joe Biden by more than 10 points.

Persons: Trump, Carlos Lozada, Joe Biden, MAGA, Trumpism, Donald Trump, Henry A, Lowenstein, Biden, Biden’s, Nicholas Buxton, “ Joe Biden, Trump’s, —, Nikki Haley, Carol Kraines Deerfield, Dean Phillips, Phillips, “, ”, Ken Derow Swarthmore Organizations: Biden, Trump, Lowenstein New, Democratic, New York Times, Justice Department, Mr, Dean Phillips of, Democrat, CNN Locations: Republic, Lowenstein New York, Siena, York, Ill, Dean Phillips of Minnesota, Pa

USDA pegged U.S. corn yield at 174.9 bushels per acre, up from 173 last month and above nearly all estimates, which on average predicted a slight increase. It was the most bearish corn yield in a November report since 2017. That could negatively impact Brazil’s second corn production, as was the case after the 2015-16 El Nino, rerouting corn demand to the United States. USDA left Brazil’s 2023-24 soy crop unchanged at 163 million metric tons this month, but it raised the prior crop by 2 million tons to 158 million, suggesting exports are outperforming prior crop expectations. However, USDA has flashed 2.85 million tons (105 million bushels) of U.S. soybean sales so far this week, mostly to China and unknown destinations.

Persons: Dane Rhys, El, Karen Braun, Matthew Lewis Organizations: REUTERS, Rights, U.S . Department, USDA, El Nino, Reuters, Thomson Locations: Deerfield , Ohio, U.S, Rights NAPERVILLE , Illinois, Brazil, United States, China

☆ Pharmacy walkout organizers help launch national push to unionize pharmacists, technicians
▼ + stars: | 2023-11-08 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

The organizers of a recent retail pharmacy staff walkout are helping to launch a national push to organize those employees on Wednesday, a potential step to wide-scale unionization of thousands of pharmacists and technicians across the U.S. for the first time. Both Walgreens and CVS also said last week that the walkout of their pharmacy staff last week had a minimal impact on their pharmacy operations. IAM Healthcare and the walkout organizers will then launch unionization campaigns in certain districts or areas with high support for organizing. The Pharmacy Guild hopes to get 100,000 pharmacists and technicians to fill out the form, Jerominski said. He also predicted that 90% of pharmacists working for Walgreens and CVS will be unionized in five years.

Persons: unionize, Shane Jerominski, aren't, Jerominski Organizations: Walgreens, IAM Healthcare, CVS, Kroger, CNBC Locations: Deerfield , Illinois

☆ Janitor accused of wiping his penis and anus on bread meant for kids in 3rd-5th grade
▼ + stars: | 2023-11-05 | by ( Polly Thompson | ) www.businessinsider.com time to read: +3 min

AdvertisementAdvertisementAn elementary-school janitor was accused of spreading his saliva, urine, and feces on food due to be served to kids, horrifying his New Jersey community. AdvertisementAdvertisementThe document cited Telegram videos which it said showed Impellizzeri using pieces of bread to wipe his "penis, testicles and anus" before putting them back to be served to kids. AdvertisementAdvertisementIt said another video showed him "spraying bleach into a container of cucumbers" later served children. The prosecutor's office said that investigators found items at the school seeming to match those in the video. The prosecutors' office said health officials had been to the school to sanitize affected areas and throw out any items from the video.

Persons: —, Giovanni Impellizzeri, Elizabeth F, Impellizzeri, Shatora Sheikh, Peter Koza Organizations: Service, Moore, New, Office, Prosecutors, CBS News, Investigators Locations: New Jersey, Jersey, Upper Deerfield Township, Cumberland County, Cumberland

The majority recognized a difference between firearms for personal use and those the state law reserves for “trained professionals,” semiautomatic weapons, including the popular AR-15. Sullivan said it's likely that plaintiffs in one or more of the multiple cases consolidated in Friday's opinion would seek a U.S. Supreme Court review, where he predicted victory. At least eight other states and the District of Columbia have some sort of prohibition on semiautomatic weapons. The Illinois Supreme Court upheld the law on a 4-3 decision in August. And such semiautomatic weapons are the choice of many gun owners for sport shooting and hunting, they say.

Persons: Diane Wood, ” Ed Sullivan, Sullivan, it's, “, J.B, Pritzker, ” Wood, Bob Morgan, ” Morgan, ” Organizations: Ill, —, Illinois, 7th District U.S, Illinois State Rifle Association, Democratic, Supreme, District of Columbia, Illinois State Police, U.S, “, Highland, Pritzker Locations: SPRINGFIELD, Chicago, Highland, U.S, Illinois, Deerfield

☆ Walgreens is cancelling corporate bonuses as big pharmacies face increasing difficulties
▼ + stars: | 2023-11-02 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

Walgreens on Tuesday sent out a notice to staff announcing that annual bonuses would not be funded. Tuesday was the second day of a planned three-day series of scattered walkouts by Walgreens pharmacy staff. A Walgreens representative clarified to CNN that only managers were eligible for bonuses at pharmacies. “We are building on the company’s pharmacy strength and trusted brand to evolve healthcare delivery. Stefano Pessina, the former Walgreens CEO and current executive chair of the board, worth nearly $7 billion, made more than $8 million in compensation last year, according to Walgreens compensation filings with the Securities and Exchange Commission.

Persons: Manmohan Mahajan, ”, Fraser Engerman, Tim Wentworth, Neal Sample, Rosalind Brewer, Vincent Alban Vincent Alban, Reddit, Stefano Pessina, Shane Jerominski Organizations: New, New York CNN, Walgreens, Employees, CNN, Walgreens Boots Alliance, ”, Rite, CVS, REUTERS, Reuters, Securities and Exchange Commission, Labor, Reuters Labor, Workers, American Pharmacists Association Locations: New York, Deerfield , Illinois, U.S, Southern California, Deerfield, Il, Arizona , Washington , Massachusetts, Oregon

☆ Premarket stocks: It’s a spooky Halloween for markets. Here’s why
▼ + stars: | 2023-10-31 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +10 min

Here’s what’s causing the market fears:High bond yieldsSurging yields have contributed to one of the worst periods for bond market performance in history and pressured equity markets. The company reported quarterly profits of $9.9 billion, also beating estimates. Shares of Meta slid last week after the Facebook parent company reported that advertising revenue had been soft this quarter. Jerominski told CNN that there have been at least 25 store closures. Fraser Engerman, a Walgreens spokesperson, told CNN that just two stores closed on Monday and no more than 12 pharmacists walked out across the entire country.

Persons: Dow, Rob Almeida, ”, Jason Pride, “, don’t, Erik Weisman, Seema Shah, JPMorgan Chase, Jamie Dimon, Wall, Shane Jerominski, Jerominski, Fraser Engerman, Max —, Tim Cook, Apple Organizations: CNN Business, Bell, New York CNN —, Traders, Nasdaq, MFS Investment Management, Federal Reserve, Asset Management, LPL Research, JPMorgan, Big Tech, Meta, Facebook, Reality Labs, Google, CVS, Walgreens, Staff, CNN, Workers, Apple Locations: New York, United States, Israel, Russia, Ukraine, China, Arizona , Washington , Massachusetts, Oregon, Southern California, Chicago, Deerfield, Apple’s Cupertino , California

CHICAGO (AP) — The Chicago Sky promoted Jeff Pagliocca to general manager Tuesday after hiring Naismith Hall of Famer Teresa Weatherspoon as coach nearly three weeks ago. Pagliocca spent the past four seasons assisting with player development and advising the head coach. Pagliocca also owns Evolution Athletics in suburban Deerfield, Illinois, where he works with high school, college, WNBA and NBA players. “I’m very proud to partner with Coach Weatherspoon and the Sky front office to shape a championship-caliber roster," Pagliocca said in a statement. But the team announced after the season it would separate the positions like every other team in the WNBA now has done.

Persons: Jeff Pagliocca, of Famer Teresa Weatherspoon, Pagliocca, “, Coach Weatherspoon, James Wade, Emre Vatanseyer wouldn’t, Wade, Vatanseyer, Weatherspoon, Adam Fox, ___ Organizations: CHICAGO, Chicago Sky, Naismith, of Famer, Athletics, WNBA, NBA, Sky, GM, NBA’s Toronto Raptors, Chicago, Las Vegas Aces Locations: Deerfield , Illinois, Chicago

☆ Pharmacy staff from CVS, Walgreens stores in US start 3-day walkout
▼ + stars: | 2023-10-30 | by ( Leroy Leo | ) www.reuters.com time to read: +3 min

The walkout, which the organizers have dubbed "Pharmageddon", is the third strike by pharmacists in a little over one month. In September, some staff from CVS stores in Kansas City went on a two-day strike, while there was another by Walgreens store employees earlier this month. Pharmacy staff in New York and Pennsylvania were planning to participate, including workers at some of Walgreens' Duane Reade stores in New York, he said. Some pharmacists were also planning to conduct rallies outside CVS' headquarters at Woonsocket, Rhode Island and at Walgreens at Deerfield, Illinois, according to social media posts. "Our ongoing efforts are focused on how we recruit, retain, and reward our pharmacy staff," a spokesperson for Walgreens told Reuters, adding that they have also centralized some operations to reduce pharmacists' workload.

Persons: Walgreens Boots Alliance's, Shane Jerominski, Duane Reade, Jerominski, Kaiser, Leroy Leo, Shinjini Organizations: CVS Health Corp, Walgreens Boots, Kansas City, Walgreens, Reuters, Jerominski, Pharmacy, CVS, Kaiser Permanente, Thomson Locations: U.S, Kansas, New York, Pennsylvania, Woonsocket , Rhode Island, Deerfield , Illinois, Bengaluru

☆ Louis Dreyfus to build Ohio soy crush plant, add to processing boom
▼ + stars: | 2023-10-20 | by ( ) www.reuters.com time to read: +1 min

Two people converse in a soybean field during harvest season in Deerfield, Ohio, U.S., October 7, 2021. REUTERS/Dane Rhys/File Photo Acquire Licensing RightsPARIS, Oct 20 (Reuters) - Louis Dreyfus Company will build a soybean-processing plant in Ohio, the global crop merchant said on Friday, adding to a booming expansion of oilseed crushing in North America encouraged by biofuel use. Dreyfus will start construction in early 2024 on the facility in Upper Sandusky that will have annual soy-crushing capacity of 1.5 million metric tons, the company said in a statement. The plant will have capacity to produce 320,000 metric tons per year of edible soybean oil and 7,500 metric tons of lecithin, it said. Dreyfus said earlier this year it will more than double the size of its Canadian canola crushing plant in Yorkton, Saskatchewan.

Persons: Dane Rhys, Louis Dreyfus, Dreyfus, Archer Daniels, Gus Trompiz, Karl Plume, Jonathan Oatis, Rod Nickel Organizations: REUTERS, Rights, Louis Dreyfus Company, Reuters, Regional Growth, Archer Daniels Midland, Thomson Locations: Deerfield , Ohio, U.S, Ohio, North America, Upper Sandusky, North Dakota, Yorkton , Saskatchewan, Chicago

☆ Court OKs Mallinckrodt restructuring, $1 billion cut to opioid settlement
▼ + stars: | 2023-10-10 | by ( Dietrich Knauth | ) www.reuters.com time to read: +4 min

Despite the previous bankruptcy settlement that resolved those litigation threats and cut $1.5 billion in debt, Mallinckrodt quickly found itself in financial trouble again due to declining sales for its key branded drugs, including Acthar Gel. As part of its previous bankruptcy, Mallinckrodt, which denied wrongdoing, agreed to pay $1.7 billion to settle about 3,000 lawsuits alleging it used deceptive marketing tactics to boost opioid sales. Unlike the opioid settlement, Mallinckrodt intends to pay the full amount due under the Acthar settlement after its second bankruptcy. Dorsey overruled an objection filed by shareholder Alta Fundamental Advisers, which had argued that Mallinckrodt improperly rushed into a second bankruptcy at the expense of equity owners. The reorganized company has a total enterprise value of about $2.95 billion, according to Mallinckrodt's financial advisor Guggenheim Securities.

Persons: Hydrocodine, Mallinckrodt, George Frey, John Dorsey, Siggi Olafsson, Mallinckrodt's, Dorsey, Dietrich Knauth, Alexia Garamfalvi, Bill Berkrot, Richard Chang Organizations: REUTERS, Tuesday, Acthar, Deerfield Partners, JPMorgan Investment Management, Fundamental Advisers, Securities, Thomson Locations: Provo , Utah, U.S, Ireland, Wilmington , Delaware

Final Crop Watch soy yield across the Iowa and Illinois locations averaged 4.625 in 2021 and 4.375 in 2022. CORNThe 11-field, average Crop Watch corn yield fell to a season-low of 3.61 from 3.7 last week, an equal decline as in the previous two weeks. Crop Watch corn yield was 3.68 this week last year and 3.82 in 2021. Six of the 11 Crop Watch corn fields carry a yield score of 4 or better with a high of 4.5 in Ohio. Photos of the Crop Watch fields can be tracked on my Twitter feed using handle @kannbwx.

Persons: Dane Rhys Acquire, Karen Braun, Aurora Ellis Organizations: REUTERS, Rights, Crop Watch, Crop, Iowa, Reuters, Thomson Locations: Deerfield , Ohio, U.S, Rights NAPERVILLE , Illinois, Iowa, Illinois, Corn, Minnesota, Nebraska, Kansas, Ohio . North Dakota , Nebraska, Ohio . Minnesota, North Dakota, Kingsbury , South Dakota, Freeborn , Minnesota, Burt , Nebraska, Rice , Kansas, Audubon , Iowa, Cedar , Iowa, Warren , Illinois, Crawford , Illinois, Tippecanoe , Indiana, Fairfield , Ohio, The North Dakota, Griggs County, Stutsman County

“We were very fully making a ’70s movie,” Payne says, recently speaking by phone from his desk in Omaha, Nebraska. Payne, 62, shot “The Holdovers,” set at a New England boarding school, largely with filmmaking equipment and camera lenses from that period. “We were trying to play the exercise of: We are in 1970 making this movie,” he says. I told (screenwriter) David Hemingson: ‘We’re writing for Paul Giamatti. But as long-term and ’70s-oriented as making “The Holdovers” was, it struck Payne as a contemporary story, too.

Persons: Alexander Payne, ” Payne, Payne, ”, he’s, “, Paul Giamatti, Giamatti, Paul Hunham, Hunham, Payne pares, Angus, Dominic Sessa, Mary, Da’Vine Joy Randolph, Barton, —, David Hemingson, That’s, aspersions, Randolph, Cessa, hadn’t, ‘, Dominic, ” Cessa, you’d, He’s, ” Payne’s, Marcel Pagnol, “ Trump, Nixon, Marx, Jake Coyle Organizations: curmudgeonly Barton Academy, Deerfield Academy, Jesuit, Twitter Locations: Omaha , Nebraska, New England, Hunham, Vietnam, jostle, Western Massachusetts, New York, “ Nebraska

The One World trace Center and the New York skyline are seen while United Airlines planes use the tarmac as pilots from United Airlines take part in an informational picket at Newark Liberty International Airport in Newark, New Jersey, U.S., May 12, 2023. REUTERS/Eduardo Munoz/File PhotoAug 4 (Reuters) - United Airlines (UAL.O) on Friday said it is spending $33 million to buy 113 acres (46 hectares) in Denver as part of its growth strategy. Asked if United could use the land to move its corporate headquarters, a United spokeswoman said, "The land in Denver gives us options for the future as we implement our big plans to grow." United is acquiring two parcels, including one just outside Denver International Airport with access to its Flight Training Center. In June 2022, United broke ground on a new four-story building at the flight training facility.

Persons: Eduardo Munoz, United, David Shepardson, Rajesh Kumar Singh, Mark Porter, Jonathan Oatis Organizations: United Airlines, Newark Liberty International Airport, REUTERS, Denver, Airport, Flight Training Center, United, Training, Boeing, Caterpillar, Thomson Locations: York, Newark , New Jersey, U.S, Denver, Chicago, Illinois, Arlington , Virginia, Dallas, Deerfield , Illinois

[1/2] Rob Olan (C), employee of the healthcare investment fund Deerfield Management, departs Federal Court in Manhattan in New York, U.S., May 24, 2017. FollowNEW YORK, Aug 1 (Reuters) - A long-running federal insider trading case based on leaks about planned changes to Medicare reimbursement rates will likely end with no convictions, after the remaining defendants agreed to enter deferred prosecution agreements. In the healthcare case, the Manhattan appeals court said the leaked CMS information did not support fraud and theft charges against Huber, Olan and Blaszczak, though prosecutors could retry them on one or two counts each. In their deferred prosecution agreements, Huber and Olan acknowledged trading on and Blaszczak acknowledged passing advance information about a proposed CMS rule change. The case is U.S. v. Blaszczak et al, U.S. District Court, Southern District of New York, No.

Persons: Rob Olan, Lucas Jackson, Theodore Huber, Robert Olan, David Blaszczak, Prosecutors, Huber, Olan, George Washington, Chris Christie's, Christopher Worrall, Blaszczak, District Judge Lewis Kaplan, Blaszczak's, David Patton, Barry Berke, Dani James, Damian Williams, Jonathan Stempel, Conor Humphries, David Gregorio Our Organizations: Deerfield Management, REUTERS, Aetna Inc, Centers, Medicare, Services, Democratic, New, New Jersey Republican, District, Court, Southern District of, Thomson Locations: Manhattan, New York, U.S, Deerfield, New Jersey, Southern District, Southern District of New York

☆ Medtech firm Surgalign files for Chapter 11 bankruptcy
▼ + stars: | 2023-06-20 | by ( ) www.reuters.com time to read: 1 min

June 19 (Reuters) - Beleagured U.S. medical technology company Surgalign Holdings (SRGA.O) filed for a voluntary Chapter 11 bankruptcy on Monday. Surgalign filed for the bankruptcy with estimated assets and liabilities in the range of $50 million to $100 million in the Bankruptcy Court for the Southern District of Texas. The Deerfield, Illinois-based company said in March that it had reduced its workforce by about 20% and cut non-essential spending, and realigned resources. In November last year, the company approved a corporate restructuring plan, which included discontinuing some of its lower-performing units as well as intending to continue its brand and product rationalization programs. Reporting by Rishabh Jaiswal in Bengaluru; Editing by Rashmi AichOur Standards: The Thomson Reuters Trust Principles.

Persons: Surgalign, Rishabh, Rashmi Organizations: Surgalign Holdings, Southern, Southern District of Texas, Thomson Locations: Southern District, The Deerfield , Illinois, Bengaluru

☆ 51 US cities expected to see the highest home-price increases and 5 at risk of falling in the next 12 months — plus where mortgage rates could be by year-end — according to a housing economist
▼ + stars: | 2023-06-11 | by ( Laila Maidan | ) www.businessinsider.com time to read: +7 min

The economist Selma Hepp says home prices in some areas are rising because of limited inventory. The US housing market started off on a solid footing this year as home prices rose. In April, prices for single-family homes rose by 2% year-over-year and 1.2% from the previous month, according to CoreLogic's Home Price Index. Below is a list of 51 metropolitan areas expected to see the most home-price increases in the next 12 months, from the highest to the lowest. The CoreLogic HPIFinally, while mortgage rates can be difficult to predict, Hepp said that we had likely peaked for the year.

Persons: Selma Hepp, it's, Hepp, CoreLogic's, Louis, CoreLogic Organizations: Irvine CA Metropolitan, Everett WA Metropolitan Division, Arcade, Statistical, Oakland, Berkeley CA Metropolitan, Metropolitan Statistical, Riverside, Jacksonville FL, Vegas, Paradise, Clearwater FL, Newark, Sanford FL, Angeles, Glendale CA Metropolitan, Palm Beach, Boca Raton, Delray Beach FL, Cambridge, Suffolk County NY Metropolitan, Towson, Metropolitan, Fort Lauderdale, Boston, Scottsdale, Scottsdale AZ Metropolitan Statistical, Miami, Kendall FL Metropolitan, Alexandria DC, Bloomington, Franklin TN Metropolitan, Virginia, Newport News, Livonia MI, Gastonia NC, SC Metropolitan, West Allis WI Metropolitan, Philadelphia PA Metropolitan, Kansas City, KS Metropolitan, Providence, Richmond VA Metropolitan, Cincinnati, Pittsburgh PA, Oklahoma City, Cleveland, Elyria, NJ, Columbus OH, Houston, Indianapolis, Arlington TX Metropolitan, Dallas, Irving TX Metropolitan Locations: Anaheim , California, Seattle, Sacramento , California, West Coast, Metropolitan, Anaheim, Santa Ana, Irvine, Bellevue, Sacramento, Roseville, Hayward, Berkeley, Portland, Vancouver, Hillsboro, San Bernardino, Ontario, Diego, Carlsbad CA, Denver, Aurora, Lakewood, Henderson, Tampa, St, Petersburg, Clearwater, Newark NJ, Orlando, Kissimmee, Sanford, Long, Glendale CA, Palm, Delray Beach, Newton, Framingham, Nassau County, Suffolk, Baltimore, Columbia, Pompano Beach, Deerfield Beach FL, Mesa, Scottsdale AZ, Miami, Kendall, Montgomery County, Bucks County, Chester County, Washington, Arlington, Alexandria, Sandy Springs, Roswell, Minneapolis, Paul, WI, Murfreesboro, Virginia Beach, Norfolk, Detroit, Dearborn, Livonia, Charlotte, Concord, Gastonia, Milwaukee, Waukesha, Warwick, Chicago, Naperville, Arlington Heights IL, Troy, Farmington Hills MI, Antonio, New Braunfels TX, York, Jersey, White Plains, Carmel, Worth, Plano

☆ 51 US cities expected to see the highest home price increases and 5 at risk of falling in the next 12 months — plus where mortgage rates could be by year-end — according to a housing economist
▼ + stars: | 2023-06-11 | by ( Laila Maidan | ) www.businessinsider.com time to read: +7 min

Areas that saw price declines during the pandemic are expected to make a comeback. Metropolitan areas including Anaheim, Seattle, and Sacramento top the list. In April, prices for single-family homes rose by 2% year-over-year and 1.2% from the previous month, according to CoreLogic's Home Price Index. Below is a list of 51 metropolitan areas expected to see the most home prices increase in the next 12 months, beginning from the highest to the lowest. The CoreLogic HPIFinally, while mortgage rates can be difficult to predict, Hepp believes we have likely peaked for the year.

Persons: Selma, it's, Selma Hepp, Hepp, Louis Organizations: CoreLogic, Irvine CA Metropolitan, Everett WA Metropolitan Division, Arcade, Statistical, Oakland, Berkeley CA Metropolitan, Metropolitan Statistical, Riverside, Jacksonville FL, Vegas, Paradise, Clearwater FL, Newark, Sanford FL, Angeles, Glendale CA Metropolitan, Palm Beach, Boca Raton, Delray Beach FL, Cambridge, Suffolk County NY Metropolitan, Towson, Metropolitan, Fort Lauderdale, Boston, Scottsdale, Scottsdale AZ Metropolitan Statistical, Miami, Kendall FL Metropolitan, Alexandria DC, Bloomington, Franklin TN Metropolitan, Virginia, Newport News, Livonia MI, Gastonia NC, SC Metropolitan, West Allis WI Metropolitan, Philadelphia PA Metropolitan, Kansas City, KS Metropolitan, Providence, Richmond VA Metropolitan, Cincinnati, Pittsburgh PA, Oklahoma City, Cleveland, Elyria, NJ, Columbus OH, Houston, Indianapolis, Arlington TX Metropolitan, Dallas, Irving TX Metropolitan Locations: Selma Hepp, Anaheim, Seattle, Sacramento, West Coast, Metropolitan, Santa Ana, Irvine, Bellevue, Roseville, Hayward, Berkeley, Portland, Vancouver, Hillsboro, San Bernardino, Ontario, Diego, Carlsbad CA, Denver, Aurora, Lakewood, Henderson, Tampa, St, Petersburg, Clearwater, Newark NJ, Orlando, Kissimmee, Sanford, Long, Glendale CA, Palm, Delray Beach, Newton, Framingham, Nassau County, Suffolk, Baltimore, Columbia, Pompano Beach, Deerfield Beach FL, Mesa, Scottsdale AZ, Miami, Kendall, Montgomery County, Bucks County, Chester County, Washington, Arlington, Alexandria, Sandy Springs, Roswell, Minneapolis, Paul, WI, Murfreesboro, Virginia Beach, Norfolk, Detroit, Dearborn, Livonia, Charlotte, Concord, Gastonia, Milwaukee, Waukesha, Warwick, Chicago, Naperville, Arlington Heights IL, Troy, Farmington Hills MI, Antonio, New Braunfels TX, York, Jersey, White Plains, Carmel, Worth, Plano

☆ Walgreens reaches $230 million opioid settlement with San Francisco
▼ + stars: | 2023-05-17 | by ( ) edition.cnn.com time to read: +2 min

San Francisco said on Wednesday it reached a $230 million settlement with Walgreens Boots Alliance Inc over its role in the city’s opioid epidemic. Breyer faulted Walgreens for its “15-year failure” to properly scrutinize opioid prescriptions and flag possible misuse of the sometimes highly addictive drugs. At a press conference, San Francisco City Attorney David Chiu called Walgreens’ settlement the largest awarded to a local government in years of opioid litigation nationwide. Breyer found that Walgreens’ San Francisco pharmacies had received more than 1.2 million opioid prescriptions with “red flags” from 2006 to 2020, yet performed due diligence on less than 5% before dispensing them. Last May, Walgreens reached a $683 million opioid settlement with Florida, paying more than three-quarters of the $878 million that four other companies, including rival CVS Health Corp, agreed to pay in similar, earlier settlements.

☆ Baxter Selling Biopharma-Solutions Arm for $4.25 Billion
▼ + stars: | 2023-05-08 | by ( Colin Kellaher | ) www.wsj.com time to read: 1 min

Baxter expects net after-tax proceeds of about $3.4 billion from the sale. Photo: Kristoffer Tripplaar/Sipa USA/Associated PressBaxter International on Monday said it agreed to sell its biopharma-solutions unit for $4.25 billion, as the medical-products maker continues to streamline its focus. The Deerfield, Ill.-based company is selling the unit to private-equity firms Advent International and Warburg Pincus .

March 20 (Reuters) - U.S. scientific instruments maker Thermo Fisher Scientific Inc (TMO.N) and South Korea's Celltrion Inc (068270.KS) are among those competing to acquire the biopharma solutions business of medical device maker Baxter International Inc (BAX.N), according to people familiar with the matter. Baxter, which has a market value of $19 billion, had total debt of $16.6 billion as of the end of December. Private equity firms, including KKR & Co (KKR.N) and Carlyle Group (CG.O), have also expressed interest in the Baxter business, the sources said. Baxter said in January it was exploring alternatives for its biopharma solutions business and would also spin off its kidney care units. Baxter's biopharma solutions unit supports drugmakers in the formulation, development and commercialization of drugs typically given by infusion or injection, such as biologics and vaccines.

☆ Trump's lawyers keep getting in trouble with judges. Here are the 17 sanctioned so far.
▼ + stars: | 2023-03-14 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +13 min

Lawyers representing Trump keep getting sanctioned by courts. Many of Trump's lawyers, even if they are not sanctioned, end up needing lawyers of their own to ward off the worst consequences. Insider identified 17 lawyers who have been personally sanctioned because of their work for Trump. The least successful, however, was a sprawling lawsuit Trump filed against Hillary Clinton, the Democratic National Committee, and several other figures linked to Clinton's 2016 presidential campaign. He was part of Trump's "Elite Strike Force" of lawyers trying to convince judges to cancel votes and have Trump declared the victor.

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