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☆ Medicare's drug-price negotiations will save the government billions in healthcare spending — but patients may not feel the benefits
▼ + stars: | 2023-09-25 | by ( Natalie Rahhal | ) www.businessinsider.com time to read: +6 min

Patients with private health insurance aren't likely to see a drop in costs from the negotiations. Longo said the price-setting provisions will drive research and investment away from treatment options for Medicare patients. If drug companies won't come to the negotiating table to lower drug prices paid by private insurers, those insurers could take the companies' drugs off their lists of covered medications. Or, if private insurance companies don't negotiate drug prices down for their patients, patients in some cases could seek out different insurance. "These are not full solutions, but they are the beginning of cracks in the facade" of drug companies' constant price hikes, Feldman said.

Persons: Biden, Juliette Cubanski, Jeffrey Davis, Davis, Richard Frank, —, Nicole Longo, Longo, it's, — aren't, Robin Feldman, Feldman, Cuban's Organizations: Medicare, Healthcare, Morning, Centers, Services, Congressional, McDermott, Consulting, Brookings Schaeffer Initiative, Health, Pharmaceutical Research, Manufacturers of America, PhRMA, University of California Law School, Costco, Pharmaceutical Locations: Lower

☆ Insider Today: Tech's biggest lie
▼ + stars: | 2023-09-18 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +9 min

In recent years, some members of Congress have lacked a basic understanding of technology, let alone something as complex as generative AI. Marc Benioff spent much of the annual Dreamforce conference sounding the alarms on how untrustworthy generative AI is right now. Marc Benioff spent much of the annual Dreamforce conference sounding the alarms on how untrustworthy generative AI is right now. It's International Equal Pay Day. The UN General Assembly created this day in 2019 with "equal pay for work of equal value" in mind.

Persons: Mark Sumersett, isn't, Simon Simard, Daron Acemoglu, Insider's Aki Ito, Acemoglu, hasn't, Aki, It's, Nat Friedman, Rebecca Zisser, Peter Brown, Marc Benioff, Salesforce, Greg Johnson, Gary Reyes, Janette Beckman, Getty, Johnny Nunez, Lynn Goldsmith, Dakarai Akil, Tupac, Akon, Sean Kingston, Gucci Mane, There's, Carly Pearce, Valter Longo, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, MIT, Renaissance Technologies, Bloomberg Beta, McAfee, Oakland Tribune Staff, Interscope Records, Academy of Country, FOX, UN, Assembly, Getty Locations: Wall, Silicon, New York City, San Diego, London, New York

That marked the 10th straight season in which at least two Big Ten teams ranked in the top 10 in total defense. The last time the Big Ten had two teams rank in the top 15 in total offense was 2014. Washington ranked second, USC third, UCLA fourth and Oregon sixth nationally in total offense just last season. The arrivals of Harrell and Longo suggest Big Ten teams might start throwing the ball more often. “I definitely think football as a whole has kind of shifted to that spread offense, West Coast offense type of deal from Coach Leach,” Williams said.

Persons: ”, Graham Harrell, “, Luke Fickell, ” Fickell, Ben Scott, CJ Williams, Scott, ” Scott, Harrell doesn’t, ” Harrell, they’ve, Harrell, Mike Leach’s, Phil Longo, Longo’s, Sam Howell, Drake Maye, Longo, P.J, Fleck, Barry Alvarez’s, Tanner, Coach Leach, ” Williams, Eric Olson, Dave Campbell, Michael Marot Organizations: Big, Purdue, USC, Iowa, Ohio State, Washington, UCLA, Oregon, Big Ten, Arizona, Coast, West Coast, Texas Tech, North, Drake Maye . Ohio State, Nebraska, Gophers, Badgers, Buffalo, SMU, West, AP College Football, AP Sports, AP Locations: MADISON, Wis, Southern California, UCLA, Oregon, Washington, , Illinois, Michigan, Minnesota, , Wisconsin, Wisconsin, Indiana, Big Ten . Nebraska, Arizona State, North Carolina, Drake Maye . Ohio, ” Minnesota

☆ Longo prepared to play with pain for New Zealand's World Cup campaign
▼ + stars: | 2023-06-22 | by ( Ian Ransom | ) www.reuters.com time to read: +2 min

June 22 (Reuters) - Midfielder Annalie Longo is in a race to recover from a serious knee injury and make New Zealand's Women's World Cup squad, but will gladly endure pain to play in front of home fans if selectors back her. The 31-year-old tore her anterior cruciate ligament (ACL) and medial ligaments in her left knee against Mexico last September but has returned to training with Jitka Klimkova's Football Ferns to push for a fourth World Cup appearance. "For me it's kind of a do-or-die, risk-reward thing," she told Reuters from training. "I think just the nature of the time-frame there is going to be a bit of uncomfortable pain in the knee but it's all to play at a home World Cup. Drawn in Group A, New Zealand will also play Philippines and Switzerland in the preliminaries, looking for their first ever win at a World Cup and to fulfil their goal of making the knock-out phase.

Persons: Annalie Longo, Jitka, Longo, I've, I'm, Olivia Chance, Ria Percival, Klimkova, shrugged, Ian Ransom, Muralikumar Organizations: Mexico, Jitka Klimkova's Football Ferns, Norway, Reuters, Ferns, New Zealand, Iceland, New Zealand Football, Thomson Locations: Eden, Czech, New Zealand, Philippines, Switzerland, Melbourne

☆ What to Know About Eclampsia
▼ + stars: | 2023-06-13 | by ( Alisha Haridasani Gupta | ) www.nytimes.com time to read: +1 min

The report identified complications of childbirth as the cause of death, listing eclampsia and respiratory distress as possible factors. “Eclampsia occurs in somewhere between one to 10 in 10,000 pregnancies,” said Dr. Joanne Stone, the head of the department of obstetrics, gynecology and reproductive science at the Icahn School of Medicine at Mount Sinai. Research has suggested that rates of hypertensive disorders of pregnancy — including pre-eclampsia, eclampsia and gestational hypertension — have been on the rise, and increased during the Covid-19 pandemic. What is eclampsia? There can be other causes of seizures during pregnancy, but it’s considered eclampsia “until proven otherwise” through lab tests, including neurological tests, Dr. Longo said.

Persons: Tori Bowie, ”, Joanne Stone, Monica Longo, Eunice Kennedy, Stone, it’s, Longo Organizations: The New York Times, Olympic, Icahn School of Medicine, Research, National, of Child Health, Human, National Institutes of Health Locations: Mount Sinai

☆ VW’s New CEO to Replace Management of Ailing Software Unit
▼ + stars: | 2023-05-07 | by ( William Boston | ) www.wsj.com time to read: 1 min

People look at the cars in the Cariad booth at this year’s Consumer Electronics Show in Las Vegas. Photo: Jacob Kepler for The Wall Street JournalBERLIN— Volkswagen Chief Executive Officer Oliver Blume , in his first major restructuring move since becoming chief last year, will replace the management of the company’s struggling software unit after it caused delays to new model launches, according to a person familiar with the matter. Dirk Hilgenberg , head of the unit called Cariad, finance chief Thomas Sedran , and Lynn Longo, a Michigan native who serves as Cariad’s chief technology officer, could be ousted as early as this week, possibly after VW’s planned shareholder meeting on Wednesday, the person said.

☆ VW’s New CEO Expected to Replace Management of Ailing Software Unit
▼ + stars: | 2023-05-07 | by ( William Boston | ) www.wsj.com time to read: 1 min

Cariad, which had a booth at this year’s Consumer Electronics Show, held the company’s brands back from moving faster. Photo: Jacob Kepler for The Wall Street JournalBERLIN— Volkswagen Chief Executive Officer Oliver Blume , in his first major restructuring move since becoming chief last year, is expected to replace the management of the company’s struggling software unit after it caused delays to new model launches, according to people familiar with the matter. The decision to remove Dirk Hilgenberg , head of the unit called Cariad, finance chief Thomas Sedran , and Lynn Longo , a Michigan native who serves as Cariad’s chief technology officer, could be announced as early as this week, possibly before VW’s planned shareholder meeting on Wednesday, the people said.

☆ World's longest bridge could transform Sicily. But not if the Mafia and earthquakes get in the way
▼ + stars: | 2023-04-30 | by ( Barbie Latza Nadeau | ) edition.cnn.com time to read: +9 min

Since then, various plans, including a short-lived idea for a tunnel, have come and gone – like water under the bridge. If built, the bridge across the Straits of Messina would span two miles (3.2 kilometers) and would be the longest suspension bridge in the world. When Salvini became transport minister, he made it his priority, betting his legacy on the bridge. “The bridge over the Strait of Messina is a project that can break ground immediately. The recent arrest of Cosa Nostra boss Matteo Messina Denaro after 30 years on the lam in Sicily represented a victory.

ASIC on Thursday cancelled the Australian financial services licence of Oztures Trading Pty Ltd, trading as Binance Australia Derivatives (Binance), in response to a request from the company. “Our targeted review of these matters is ongoing, including focus on the extent of consumer harms.”The financial services licence authorised Binance to issue derivatives and foreign exchange contracts. Noting many cryptocurrency products and services are not regulated by ASIC, Longo said the regulator supported a "regulatory framework" for the asset class. Binance said in a statement it had decided to pursue a "more focused approach" in Australia after "recent engagement with ASIC". The world's largest cryptocurrency exchange is battling regulatory suits and probes around the world.

Binance's Australian derivatives license was canceled at the crypto exchange's own request, the Australian Securities & Investments Commission said Thursday, after the regulator had begun a "targeted review of Binance" in February. Binance's exchange token was down just under 0.5% Thursday morning. Binance's regulatory scrutiny has been mounting in recent weeks and months. An apparently inadvertent compliance issue led to the Australian regulatory probe. Australia's top securities regulator has had a challenging relationship with the crypto industry in recent months, pursuing enforcement actions against several firms which the regulator alleges have violated Australian law.

☆ Warren Buffett's Berkshire Hathaway faces a brutal mix of economic headwinds. It will capitalize on the chaos, 8 experts say.
▼ + stars: | 2023-04-06 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +10 min

Berkshire Hathaway faces high inflation, rising rates, and a potential recession and credit crunch. Warren Buffett's company will weather the storm and scoop up the bargains that emerge, experts say. Experts say Berkshire's ample cash reserves, strong brands, and prudent management will enable it to comfortably navigate a harsh economic environment. "Shareholders who plan on holding Berkshire for years into the future should hope for a near-term bear market in stocks. Brian Gongol, longtime Buffett follower and Berkshire shareholder:"It's better to be in Berkshire's shoes during challenging times than during a boom.

☆ A United flight was grounded after a passenger found a bomb threat note in the bathroom: reports
▼ + stars: | 2023-03-14 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +3 min

A United Airlines flight was grounded for several hours in Vermont on Sunday. A local NBC affiliate obtained audio of the plane's pilot discussing an apparent bomb threat. The Burlington airport was closed during the search and reopened around 7:30 p.m. local time. "A flight attendant just came up and said that a passenger found a note in the aft lav that said there was a bomb on board," the pilot can be heard saying. A spokesperson for United referred Insider to Republic Airways, which was operating the regional flight.

☆ Peloton losses narrow as subscription revenue again outpaces equipment sales
▼ + stars: | 2023-02-01 | by ( Gabrielle Fonrouge | ) www.cnbc.com time to read: +3 min

Peloton said Wednesday its net loss narrowed year over year, and, for the third quarter in a row, subscriptions revenue was higher than sales of the company's connected fitness products. The fitness equipment company's fiscal second quarter revenue beat Wall Street's expectations, but the company posted wider losses per share than expected. Connected fitness product sales, which are typically strong during Peloton's holiday quarter, dropped 52% year-over-year while subscription revenue jumped 22%. Gross margins for its connected fitness products were negative 11.2%, but gross margins for subscription sales were 67.6%. The company is also expecting connected fitness subscribers to be between 3.08 million and 3.09 million.

☆ The Biden administration just made it easier for Trump to keep a key promise on prescription drugs if he wins in 2024
▼ + stars: | 2023-01-11 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +11 min

The Biden administration presented a plan on Wednesday to let the government negotiate drug prices. Trump, who once accused Big Pharma of "getting away with murder," could be president when drug prices fall. Gutting the prescription drug provision would come at a cost to the federal government. President Trump signed a series of four executive orders aimed at lowering prices that for prescription drugs in the United States. "There has been no bigger champion of lowering prescription costs and putting Americans first than President Trump," Steven Cheung, Trump's 2024 campaign spokesman, told Insider.

☆ Australian regulator sues comparison site over crypto product
▼ + stars: | 2022-12-15 | by ( Byron Kaye | ) www.reuters.com time to read: +2 min

SYDNEY, Dec 15 (Reuters) - Australia's corporate regulator sued the country's biggest comparison website on Thursday in relation to a cryptocurrency product, accusing it of conducting unlicensed financial services and breaching consumer protection laws. ASIC Chairman Joe Longo said in parliament this month that the regulator wants to test in court whether crypto assets count as financial products under the law. As of September, Finder Wallet owed A$20.8 million ($14.2 million) to consumers in the absence of legal protections, the cour filing added. A Finder.com spokesperson told Reuters the company did "not share ASIC's view that Finder Earn can be regarded as a debenture" and said all customer money was returned when the product was closed in November. ($1 = 1.4646 Australian dollars)Reporting by Byron Kaye; Editing by Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

He said the school’s student affairs office interviewed Jones’ roommate, who had not seen the suspect with a gun. It wasn’t clear if the school’s internal investigation of Jones possibly having a gun ended with that roommate’s interview. On Tuesday, university officials admitted they learned Jones had been convicted of a misdemeanor for a concealed weapons violation in 2021. Hingeley revealed in court Jones’ previous scrapes with the law. He attempted to purchase a Smith & Wesson M&P15-22, a .22-caliber rifle, but “failed the background check,” the owner said.

The university’s “threat assessment team” had learned about Jones in September after a third party, who was not a student, reported that he spoke about having a gun, UVA Police Chief Timothy Longo told reporters. He said the school’s student affairs office interviewed Jones’ roommate, who had not seen the suspect with a gun. Steve Helber / APIt wasn’t clear if the school’s internal investigation of Jones possibly having a gun ended with that roommate’s interview. Jones had also been involved in a campus hazing probe, but it did not appear to lead to any disciplinary action, Longo said. A UVA men's basketball home game set for Monday night against the University of Northern Iowa was postponed.

☆ Gyms and at-home fitness battle for prominence this holiday season
▼ + stars: | 2022-11-11 | by ( Jack Stebbins | ) www.cnbc.com time to read: +4 min

Michael Loccisano | Getty ImagesThe fitness industry appears headed for a strong holiday season, but not everyone will see a boost. Now inflationary pressures and a post-lockdown reset look poised to benefit traditional gyms and trade-down options — threatening connected at-home fitness equipment like the products made by Peloton and Lululemon -owned Mirror. Tarlowe, who covers Planet Fitness and Lululemon, said fitness spending remains steady, even among lower-income, inflation-squeezed consumers. People are trading down and shifting more toward value, he said, "and that bodes well for Planet Fitness." Planet Fitness CEO Chris Rondeau said members are exercising more, too: six times a month versus five times a month when Planet Fitness went public in 2015.

☆ Peloton shares tumble after company offers weak holiday quarter outlook
▼ + stars: | 2022-11-03 | by ( Jack Stebbins | ) www.cnbc.com time to read: +4 min

Peloton posted a wider-than-expected loss for its fiscal first quarter, as a steep decline in connected fitness products revenue outweighed an increase in subscription revenue. Loss per share: $1.20 vs. 64 cents, expected$1.20 vs. 64 cents, expected Revenue: $616.5 million vs. $650.1 million, expected. Peloton's revenue outlook for the holiday quarter, between $700 million and $725 million, would mark a quarter-to-quarter increase, but it's well below analysts' estimates of $874 million. Peloton reported 6.7 million total members, up from 6.3 million last year, but down from 6.9 million the prior quarter. The company reported $199 million in first quarter recall reserves, restructuring and impairment expenses as it continues embarking on its turnaround.

☆ Brandy Melville employees describe racism, Hitler memes, and sexual exploitation at the 'evil' cult teen brand
▼ + stars: | 2021-09-07 | by ( Kate Taylor | ) www.businessinsider.com time to read: +34 min

According to Brandy Melville employees, CEO Stephan Marsan wants his staffers to be young, thin, pretty, and white. But to secure their spot in the world of Brandy Melville, employees at all levels said they had to endure — and often enforce — Marsan's beliefs. Hollis Johnson/InsiderIn late September 2017, Stephenie Legros, who is Black, was nearing her first anniversary as a Brandy Melville employee. Brandy Melville USA/InstagramSeveral former employees mentioned the behavior of Longo, the brand's top executive alongside Marsan while Brandy Melville gained footing in the US. Brandy Melville USA/Instagram"Every year that goes by, the beauty standard is shifting a little bit," a Black woman who worked at Brandy Melville from 2016 to 2019 said.

Persons: Brandy Melville, Stephan Marsan, Marsan, Luca Rotondo, Rotondo, Rotondo's, texted, Stephan Marsan texted Luca Rotondo, Luca Rotondo Brandy Melville, Bella Hadid, — Brandy, —, It's, Casuals, Mina Marlena, Brandy, gushed, Franco, Sorgi, Scarlett Rose Leithold, She's, Stephan, Franco Sorgi, Brandy Melville's, Brandy Melville Canada's Instagram, Instagram Sorgi, Salvatore Rianna, Yvan Marsan, Stephan's, Rianna, Yvan didn't, Yvan, accroding, Paolo Simeone, YYGM, Simeone, Jessy Longo, Hollis Johnson, Stephenie Legros, Legros, she'd, that's, Hitler, — Marsan, Matteo Centaro, Adriano de Petris, Roberto Tatti, Marsan's, it's, Brandy Melville's Instagram, Longo, Marlena, Brandy Melville Instagram, Naomi Campbell, tickling, Andrea Castagnasso, Castagnasso, She'd, Frédéric Bastiat, John Galt, Neil Saunders, Saunders, Tristram Buckley, Buckley, he's, PacSun, Abercrombie, Goldman Sachs, Michael Light, Brandy Melville doesn't, They're, they'd, Ruqayyah Moynihan Organizations: Business, Bastiat, Employees, Brandy Melville USA, Viterbo News, UCLA, New York, Franco, New York City, YYGM, Bastiat USA, Beach, Miss, Nazi, Geographic, York, New, Santa, Records Locations: Newport Beach, Italian, Newport, American, Melville, Rome, Bastiat USA, United States, Massachusetts, Canadian, Canada, Viterbo, Italy, Westwood , California, California, New, Brandy, New York, Swiss, Ontario, New York , California , Connecticut, Marsan, Brandy Melville's New York, New York City, West, Santa Monica, Hawaii, SoHo, Coachella, Longo, San Francisco, Brooklyn, Los Angeles, Iselin , New Jersey, Europe

Americanii doresc să elimine scena din „Singur Acasă 2” în care Donald Trump se întâlnește cu Macaulay CulkinDupă blocarea lui Donald Trump pe Twitter și pe majoritatea rețelelor sociale, un număr de utilizatori ai acestora au sugerat ca președintele american în funcție să fie tăiat și din filmul de cult „Singur Acasă 2” în care apare pentru câteva secunde, scrie The Independent. Utilizatorii au sugerat ca imaginea lui Trump să fie ștearsă digital din film, iar în locul lui să fie editat un cameo al lui Macaulay Culkin adult, acum în vârstă de 40 de ani. Actorul însuși s-a declarat încântat de idee, scrie digi24.ro. Chris Columbus, regizorul filmului, spunea anul trecut că Donald Trump a pus apariția sa în film drept condiție pentru ca scenele respective să poată fi filmate în hotelul său, pe lângă o sumă de bani plătită hotelului. În 1992, anul în care a fost lansată pelicula, Donald Trump era proprietarul acelui hotel.

Persons: Donald Trump, Macaulay Culkin, Trump, Joseph Longo, Parton, 92, Organizations: Independent Locations: american

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