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☆ Eli Lilly taps Amazon Pharmacy to help deliver weight loss drug Zepbound, other medicines to patients
▼ + stars: | 2024-03-13 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +3 min

Eli Lilly on Wednesday said Amazon Pharmacy will help send certain prescription drugs, including the red-hot weight loss treatment Zepbound, to patients' homes through the drugmaker's new direct-to-consumer program. The website, LillyDirect, connects people with an independent telehealth company that can prescribe certain drugs if they are eligible. LillyDirect plans to expand the medicines it offers and the companies it partners with in the future, Eli Lilly said. Amazon Pharmacy offers free two-day deliveries to patients with an Amazon Prime membership, which will also apply if they use LillyDirect. But he told CNBC that Eli Lilly expects Amazon Pharmacy and Truepill to have similar processing and shipping times.

Persons: Eli Lilly, Eli Lilly's, Frank Cunningham, Cunningham, Truepill, John Love, We're, Lilly Organizations: Amazon Pharmacy, Amazon, CNBC Locations: U.S

☆ Bolts appeared to be missing from Boeing 737 Max door plug that blew off midflight, NTSB says
▼ + stars: | 2024-02-06 | by ( Leslie Josephs | ) www.cnbc.com time to read: +2 min

The panel that blew out is used to plug an unused emergency exit. Bolts appeared to have been missing from a door plug that blew out midair on Boeing 737 Max 9 operated by Alaska Airlines last month, according to a new report from the National Transportation Safety Board. The accident prompted a grounding of the Max 9 by the Federal Aviation Administration for much of last month. "Over these last few weeks, I've had tough conversations with our customers, with our regulators, congressional leaders and more. The Jan. 5 accident occurred just as Boeing was trying to ramp up output.

Persons: John Lovell, Bolts, Dave Calhoun, Calhoun, I've Organizations: National Transportation Safety Board, Alaska Airlines, NTSB, Boeing, Max, Federal Aviation Administration, FAA Locations: Alaska, Portland , Oregon, U.S

☆ FAA chief vows 'boots on the ground' at Boeing until quality control system is working
▼ + stars: | 2024-01-24 | by ( Leslie Josephs | ) www.cnbc.com time to read: +5 min

"Until we're comfortable that the [quality assurance] system is working properly ... we're going to have boots on the ground," he said. United, which has 79 Boeing 737 Max 9 planes in its fleet, more than any other carrier, said Monday it's assuming the planes will remain grounded through the end of January. He said United is taking the larger variant, the 737 Max 10, out of its fleet plans, because of lengthy delivery delays. Those accidents involved the 737 Max 8, a smaller variant of the same aircraft family. This photo released by the National Transportation Safety Board shows the door plug from Alaska Airlines Flight 1282 on Monday, Jan. 8, 2024, in Portland, Ore. National Transportation Safety Board via AP

Persons: Michael Whitaker, Drew Angerer, —, Mike Whitaker, Max, We've, Whitaker, It's, John Lovell, they've, Scott Kirby, Ben Minicucci, Stan Deal Organizations: Federal Aviation Administration, FAA, Commerce, Science, Capitol, Getty, Getty Images WASHINGTON, CNBC, Boeing, Alaska Airlines, United Airlines, National Transportation Safety Board, National Transportation, AP, Max, Airlines, NBC, Deal, Transportation Locations: Washington ,, Alaska, Portland , Oregon, Renton , Washington, Portland , Ore

☆ 737 Max 9: What travelers need to know
▼ + stars: | 2024-01-10 | by ( Marnie Hunter | Forrest Brown | ) edition.cnn.com time to read: +10 min

More than 170 of the Boeing 737 Max 9s remain grounded in the United States. Alaska Airlines said in a statement on January 20 that the airline had completed preliminary inspections on a group of their Max 9 aircraft. NTSB Investigator-in-Charge John Lovell examines the fuselage plug area of Alaska Airlines Flight 1282, a Boeing 737-9 Max, in Portland, Oregon, on Sunday. NTSB/Handout/ReutersThe FAA order grounded 171 of the world’s 737 Max 9 aircraft. What do I do if my flight is canceled because of the grounding of the 737 Max 9?

Persons: Max, ” “ We’re, It’s, John Lovell, Kathleen Bangs, ”, Scott Keyes, ” Keyes, David Soucie, haven’t, it’s, Bangs, ” Bangs, she’s, Keyes Organizations: CNN, Boeing, Max, Federal Aviation Administration, Alaska Airlines, FAA, “, United Airlines, Delta Air Lines, Cirium . Lion, Delta Airlines, Lion, NTSB, Sunday, Reuters, Copa Airlines, Turkish Airlines, Lion Air, CNN Travel, United Locations: Alaska, Portland , Oregon, United States, United, Cirium, Indonesia, Panama, Turkish

☆ 5 things to know about Boeing’s latest 737 Max crisis
▼ + stars: | 2024-01-10 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +10 min

Here is the latest on what to know as Boeing faces yet another 737 Max crisis. “We’ll make sure that we take steps to ensure that it never, never can happen.”The 737 Max 9 remains groundedOn Saturday, the Federal Aviation Administration ordered most Boeing 737 Max 9 aircraft to be temporarily grounded as regulators and Boeing investigate the cause of the incident. That has led to hundreds of cancelations, particularly from Alaska Airlines and United Airlines, which have dozens of the 737 Max 9 planes. United Airlines said it is canceling 167 Boeing 737 Max 9 flights today and expects significant cancellations on Thursday, too. Alaska Airlines also said Monday it found loose hardware on some of its 737 Max 9 planes during inspections.

Persons: Dave Calhoun, company’s ‘, “, Calhoun, ” Calhoun, Patrick Shanahan, “ We’re, ”, “ We’ll, Max, Jennifer Homendy, CNN’s Poppy Harlow, AeroSystems, Republican Sen, J.D, Vance, Joe Biden, John Lovell, David Calhoun, ” Homendy, “ I’ve, I’ve, What’s, Eric Weiss, it’s, —, Catherine Thorbecke, Chris Isidore, Greg Wallace, Pete Muntean Organizations: New, New York CNN, Alaska Airlines, Max, Boeing, CNBC, Alaska Airlines midflight, Spirit, Federal Aviation Administration, United Airlines, . United Airlines, National Transportation Safety, CNN, FAA, NTSB, Republican, Senate, National Transportation Safety Board, Alaska Airlines Flight, Reuters, Airbus, Transportation Safety Locations: New York, Portland , Oregon, ”, Ohio, Alaska, U.S, Indonesia, Ethiopia, Calhoun, Portland

☆ For Microsoft and OpenAI, after a year in the 'hype cycle,' the Copilot corporate spending boom is just getting started
▼ + stars: | 2023-12-20 | by ( Eric Rosenbaum | ) www.cnbc.com time to read: +9 min

While another third (32%) said they have not made the spending decision, only 13% said they would not be acquiring similar gen AI capabilities. Microsoft has pointed to customers including Visa, BP, Honda and Pfizer using Copilot, and professional services firm partners on Copilot AI including Accenture, EY, KPMG, and PwC. And even amid the hype, it's important to keep in mind that as gen AI spending grows, it is still dwarfed by companies' cybersecurity budget needs. That means roughly $5 will be spent on security for every dollar spent on gen AI. But it's growing, and for now at least, when it comes to the billions in gen AI spending, Microsoft is in the pole position.

Persons: Dan Ives, Google Bard, Satya Nadella, Sam Altman, Altman, Jason Wong, Wong, Joe Atkinson, That's, Copilot, It's, Gartner, it's, Will, John Lovelock Organizations: Microsoft, Wedbush Securities, " Enterprises, Google, CNBC Technology, Survey, Gartner, Visa, BP, Honda, Pfizer, Accenture, EY, KPMG, CNBC, CNBC TEC, SAP, Adobe, Amazon Web, Meta, SharePoint Locations: San Francisco , California, U.S, Copilot, Salesforce, that's

☆ Amazon adds a new reason to get and keep Prime: member discounts on health-care services
▼ + stars: | 2023-11-08 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

Amazon (AMZN) said on Wednesday that it's offering Prime members a discount on its new health-care service — another perk that should help bring more people into the online retailer's ecosystem. It provides members unlimited 24/7 access to virtual care as well as in-person, and remote primary care services. Prime members can add up to five people from their family to the One Medical plan for an additional $6 a month. Amazon offering a discounted subscription to One Medical's services is part of the company's efforts to expand the broader Prime flywheel by leveraging its 167 million Prime members. The goal of the Amazon Prime membership is to provide people with "one simple membership, something that provides shopping, savings, streaming and now positive health outcomes, said Jamil Ghani, SVP of Amazon Prime in a CNBC interview Wednesday.

Persons: Jeff Marks, It's, Tom Forte, Forte, Andy Jassy, Davidson, there's, Jamil Ghani, Jim Cramer's, Jim Cramer, Jim, John Love, Jason Redmond Organizations: Amazon, D.A, Amazon Web Services, Amazon Pharmacy, Amazon Prime, CNBC, Robotics Research, AFP, Getty Locations: Davidson, Sumner , Washington

Amazon will soon make prescription drugs fall from the sky when the e-commerce giant becomes the latest company to test drone deliveries for medications. The company's Prime Air division began testing drone deliveries of common household items last December in College Station and Lockeford, California. Amazon founder Jeff Bezos had predicted a decade ago that drones would be making deliveries by 2018. Walmart has also been working to expand its own drone deliveries. Amazon has been growing its presence in health care for a few years now.

Persons: Jessica Bardoulas, John Love, Vin Gupta, Daniel Duersch, Jeff Bezos, Lisa Ellman Organizations: College Station ,, Prime Air, Amazon, Amazon Pharmacy, CVS, UPS, Intermountain Health, Alliance, FAA, Walmart Locations: College Station, College Station , Texas, College, Lockeford , California, North Carolina, Salt Lake City

☆ Gartner: Global IT spending is expected to top $5 trillion for the first time this year
▼ + stars: | 2023-10-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGartner: Global IT spending is expected to top $5 trillion for the first time this yearJohn Lovelock, chief of research for IT forecasting at Gartner, discusses how much companies may be willing to spend over the next year, as the use of AI continues to boom.

Persons: John Lovelock Organizations: Gartner, Global

☆ 'Shark Tank' watch: Kevin O'Leary warns about commercial real estate, Barbara Corcoran expects house prices to climb, and Daymond John touts Apple and Amazon
▼ + stars: | 2023-09-27 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Three "Shark Tank" investors weighed in on stocks, real estate, and cryptocurrencies. Daymond John loves Apple and Amazon; Kevin O'Leary likes index funds but worries about commercial space. AdvertisementAdvertisementA trio of "Shark Tank" investors shared their views on stocks, real estate, and cryptocurrencies in a Fox Business interview on Tuesday. Kevin O'Leary touted index funds, rang the alarm on commercial real estate, and predicted the crypto industry will clean up its act. AdvertisementAdvertisement"Stock picking is really hard," the founder of O'Leary Funds and O'Leary Ventures said.

Persons: Daymond John, Apple, Kevin O'Leary, Barbara Corcoran, —, Daymond John trumpeted Apple, he's, she's, Stocks O'Leary, O'Leary, John, Amazon's, Corcoran, Crypto O'Leary, Sam Bankman, Fried's, I'm Organizations: Service, Fox, O'Leary Funds, O'Leary Ventures, Apple, Foods, The Corcoran Locations: bitcoin

☆ Amazon Pharmacy automates discounts to help insulin patients get pledged prices
▼ + stars: | 2023-08-15 | by ( Patrick Wingrove | ) www.reuters.com time to read: +3 min

Aug 15 (Reuters) - Amazon.com (AMZN.O) said on Tuesday its online pharmacy will automatically apply manufacturer-sponsored coupons to more than 15 insulin and diabetes medicines to help patients access discounts pledged by the drug industry. Vin Gupta, Amazon Pharmacy's Chief Medical Officer, said the report highlighted the need to make it easier for patients to get their insulin at the lowest possible prices. Amazon Pharmacy will also automatically apply available discounts to diabetes-related medical devices from manufacturers Dexcom and Insulet, including continuous glucose monitors and pumps, as well as to other cardiometabolic medicines such as Novo's powerful weight-loss drug Wegovy. American Diabetes Association Chief Executive Officer Charles Henderson said Amazon's automated discounting would help the 37 million Americans with diabetes more easily access the treatments they need. So, we're going to create options that gives them access to these medications," Amazon Pharmacy Vice President John Love told Reuters.

Persons: Eli Lilly, Lilly, Elizabeth Warren, Vin Gupta, Wegovy, Charles Henderson, John Love, Patrick Wingrove, Sandra Maler Organizations: Amazon Pharmacy, Novo Nordisk, Sanofi, Amazon, Congress, American Diabetes Association, Walgreens, Reuters, Thomson Locations: New York

☆ Major natural gas investor sees signs prices are bottoming
▼ + stars: | 2023-05-13 | by ( Sean Conlon | ) www.cnbc.com time to read: +1 min

The investor who ran the country's biggest natural gas ETF said he believes prices have hit bottom. John Love, who managed the United States Natural Gas Fund , cites global demand and production dynamics for his bull case. Natural gas prices rose 6% this week and just notched their fourth positive week in five. Since then, several European countries including Germany have announced new LNG, or liquefied natural gas, projects or are expanding existing ones to reduce their dependence on natural gas exports. Teucrium Trading CEO Sal Gilbertie said he believes natural gas has been trying to build a bottom over the past four to six weeks.

☆ OPEC has clearly signaled price support, says U.S. Commodity Fund's John Love
▼ + stars: | 2023-05-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOPEC has clearly signaled price support, says U.S. Commodity Fund's John LoveJohn Love, president and CEO of United States Commodity Fund, joins 'Halftime Report' to discuss trading oil funds, swings in commodity prices, and changes in natural gas supply and demand.

Jan 24 (Reuters) - Amazon.com Inc (AMZN.O) said on Tuesday it is offering a $5 monthly subscription plan for U.S. Prime members that will cover a range of generic drugs and their doorstep delivery, furthering the ecommerce giant's push into healthcare. The program, named RxPass, includes more than 50 medications addressing over 80 chronic conditions such as high blood pressure, anxiety, diabetes and male pattern baldness, Vin Gupta, Amazon Pharmacy's chief medical officer, told Reuters. However, customers enrolled in Medicare, Medicaid or any other government healthcare program will not be able to enroll in Amazon Pharmacy's RxPass service. The average Prime member would save about $100 per year with RxPass, John Love, vice president of Amazon Pharmacy, said in an interview. Amazon Prime members in most U.S. states can sign up for the program from Tuesday.

☆ Amazon, Meta, and other big tech firms have entered the 'Great Hesitation' — cutting hiring and other costs in fear of an economic downturn
▼ + stars: | 2022-10-16 | by ( Rob Price | Eugene Kim | ) www.businessinsider.com time to read: +10 min

Leaders at large-cap tech companies are in an anxious waiting game, battening down the hatches as they prepare for the storm to hit. Some tech firms will be hurt moreAmong the biggest players in the tech industry, the impacts of a crash will not be felt evenly. "I look at these large tech companies, and over the last couple of years, obviously money's been free, everything got bloated, and all these tech companies — excluding Apple — have effectively doubled their head count over a three-year period, right? Beyond head count, tech companies are cutting back on extras, imperiling their famously lavish meal options. The largest tech companies are also signaling their anxiety by trimming budgets for their more experimental businesses and research projects.

☆ Amazon loses PillPack founders four years after acquisition of pharmacy startup
▼ + stars: | 2022-09-19 | by ( Annie Palmer | ) www.cnbc.com time to read: +2 min

With Amazon Pharmacy, Prime customers in the United States can get their prescription medications shipped to their home for free. Two Amazon executives who played a formative role in the retail giant's push into health care are departing. After the acquisition, Parker and Cohen helped steer the launch of Amazon Pharmacy, the company's online pharmacy for delivering prescription medications in the U.S. Amazon has accelerated its push into health care in recent years, though not all of its efforts have been successful. The pharmacy business struggled to gain traction, and Amazon recently announced it would shutter its telehealth service Amazon Care after finding it wasn't a "complete enough offering" for customers.

☆ A man borrowed $75,000 for leg-lengthening surgery to make him 3 inches taller, report says
▼ + stars: | 2022-09-18 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +3 min

John Lovedale told GQ that "the world seems to bend" for taller men. He decided to take out a loan to pay for leg-lengthening surgery to become 3 inches taller. He decided to take the opportunity to become 3 inches taller when he heard about the procedure. He founded LimbplastX Institute near Las Vegas in 2016, and the clinic's business boomed during the pandemic, Debiparshad told GQ. Despite the stigma surrounding cosmetic surgery, it appears to become increasingly common for men.

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