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☆ Garman Leads AWS As AI Competition in the Cloud Intensifies
▼ + stars: | 2024-10-24 | by ( Eugene Kim | ) www.businessinsider.com time to read: 1 min

Amazon promoted Garman to be the CEO of Amazon Web Services this year, right as competition in cloud computing and AI intensified. Garman has nearly 20 years of experience across engineering and sales roles at the company. His deep understanding of the business helped shape AWS's early approach to generative AI and the creation of AI products, like Amazon Q and Bedrock. He also led the establishment of the AWS Generative AI innovation Center, designed to collaborate with customers and help them identify opportunities in AI. See Business Insider's full AI Power List

Persons: Garman Organizations: Amazon, Amazon Web Services

☆ Psilocybin: Searching for the antidepressant of the future
▼ + stars: | 2024-10-22 | by ( Sandee Lamotte | ) edition.cnn.com time to read: +13 min

The stakes are high for psilocybin clinical trials — there’s a pressing need for a more effective medical solution in the fight against depression, especially treatment-resistant depression. “People begin to feel, understand and appreciate that their brain can change and they can escape from their depression,” Nutt said. “For that reason alone, this research matters.”At six weeks, the study found no significant difference in depression scores between the antidepressant and psilocybin groups. In fact, Madras said, adverse effects are such a concern that researchers in psychedelic clinical trials often actively recruit people who have successfully taken psychedelics in the past. In a study using psilocybin for alcohol substance abuse, for example, some 95% of those involved correctly guessed whether they were taking psilocybin or the placebo.

Persons: ”, Dr, Bertha Madras, “, Charles Raison, ’ “, don’t, David Nutt, ” Nutt, it’s, I’m, Timothy Leary, hasn’t, It’s, Harvard’s, Casey Wolfington, Katie Harmon, escitalopram, Nutt, Tommaso Barba, wasn’t Organizations: CNN, Harvard Medical, McLean Hospital, University of Wisconsin School of Medicine, Public Health, Vail Health Behavioral Health Innovation Center, Imperial College London’s, Food, FDA, Imperial College London Locations: United States, Belmont , Massachusetts, ” Madras, Madison, Vail, Colorado, Harvard’s Madras, Madras

☆ Amazon plans to launch discount store in bid to fend off Temu and Shein
▼ + stars: | 2024-06-26 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +3 min

Amazon plans to launch a new section on its site dedicated to low-priced fashion and lifestyle items that will allow Chinese sellers to ship directly to U.S. consumers, CNBC has learned. Amazon's storefront will feature a range of unbranded items, many priced under $20, according to a presentation to Amazon sellers viewed by CNBC. In the past, Amazon sellers in China have relied on the company's fulfillment services, called Fulfillment by Amazon, to send goods to warehouses in the U.S. before they are dispatched to customers. The company pitched the arrangement as cost savings for Amazon sellers in China, and said merchants would be able to test new items through small-batch production. It is unclear when Amazon intends to debut the storefront, but the presentation notes it will start accepting products this fall.

Persons: Maria Boschetti, Boschetti Organizations: CNBC, Amazon, The Locations: New York, U.S, China, Shenzhen

☆ A rural Kansas county wants remote workers to move there. It's giving new residents $4,500 cash, an internet stipend, and fresh eggs.
▼ + stars: | 2024-05-19 | by ( Allie Kelly | ) www.businessinsider.com time to read: +4 min

Read previewLincoln County, Kansas is recruiting new residents. But local community leaders are hoping to attract remote workers and grow the local economy by offering new residents $4,500 cash, a $500 credit toward high-speed internet, a gym membership, and a monthly basket of farm-fresh eggs. These programs were launched in West Lafayette, Indiana; Ellsworth County, Kansas; Tulsa, Oklahoma; and more. To qualify, remote workers must be employed full-time, make at least $50,000 annually, and reside outside Kansas before moving. The program is marketed and monitored by Make My Move, an Indianapolis-based company that helps communities connect with remote workers through cash and perks.

Persons: —, Lincoln, Kelly Gourley, who'll, Gourley Organizations: Service, Business, Lincoln, Innovation Center, Innovation, Northwest Kansas Business, Economic Development Foundation, Kansas counties Locations: Lincoln County , Kansas, Wichita, West Lafayette , Indiana, Ellsworth County , Kansas, Tulsa , Oklahoma, Kansas, Indianapolis, Northwest Kansas, Northwest, Lincoln, Atlanta, Dallas, Memphis , Tennessee

☆ Urban solar projects are becoming more common in Singapore. Here's how one company is powering the way forward.
▼ + stars: | 2024-02-23 | by ( Sponsor Post | ) www.businessinsider.com time to read: +8 min

EDP Renewables, a leading global renewables player, has its APAC regional headquarters based in Singapore. At street level, most people never see the solar revolution happening right above them — one that generates zero emissions and boosts Singapore's energy security. Singapore's solar ambitionsSingapore is in an obvious position to integrate solar into the national power grid. In 2023, EDP Renewables APAC greened Pulau Ubin's micro-grid with renewables. Singapore has 1 gigawatt (GW) of solar energy in operation, of which EDPR has more than 30% market share of fully-owned installed solar capacity.

Persons: Kris LeBoutillier, he's, Pedro Vasconcelos, Vasconcelos, EDPR, — Pedro Vasconcelos Organizations: EDP Renewables, Public, Housing & Development Board, JTC Corporation, Singapore Technologies, Singapore Authority, SolarNova, EDB, Renewables, EDP, Insider Studios, Singapore Economic Development Board Locations: Singapore, Asia, Singtel, Jurong Port, Port, Straits, Johor, Malaysia, APAC, 1GWp

☆ Your next plane ride could be powered by used cooking oil. Here's how a refinery in Singapore is already helping to make it happen.
▼ + stars: | 2024-02-02 | by ( Sponsor Post | ) www.businessinsider.com time to read: +7 min

Sustainable aviation fuel is an alternative to fossil-based jet fuel made from refining used cooking oil and waste animal fats. Further expansion efforts happening at Neste's renewable refinery in The Netherlands are anticipated to boost capacity to a whopping 2.2 million tons by 2026. The results indicated the company's readiness to incorporate renewable fuel into its fuel mix. The Association of Asia-Pacific Airlines (AAPA), comprising 14 member airlines, including Singapore Airlines, pledged to use up to 5% SAF by 2030. In 2024, Singapore plans to launch the Singapore Sustainable Hub Blueprint, aiming to bolster the market for SAF.

Persons: Kris LeBoutillier, he's, Sami Jauhiainen, Jauhiainen, Neste Organizations: SAF, Virgin, Neste, Aviation, Renewable Aviation, Research, ASTM, Jauhiainen, Innovation, Singapore Airlines, United Airlines, Air France, KLM, All Nippon Airways, The Association of Asia, Pacific Airlines, Insider Studios, Singapore Economic Development Board Locations: Finland, Singapore, Asia, London, New York City, Emirates, Tuas, Buffalo, Netherlands, Changi, Neste

☆ A new group at Amazon is helping customers including PGA Tour and Bridgewater make generative-AI applications
▼ + stars: | 2023-12-21 | by ( Ellen Thomas | ) www.businessinsider.com time to read: +3 min

Amazon Web Services' Global AI Innovation Center, led by Sri Elaprolu, launched in July. Elaprolu said AWS customers are getting serious about moving ideas from concept to production. Still, most AWS clients don't quite know where to start with generative AI — that's where the AWS Generative AI Innovation Center comes in, Sri Elaprolu, the global head of AWS Generative AI Innovation Center and an 11-year AWS veteran, said. Interest in the Generative AI Innovation Center has been high since the company announced it in June, Elaprolu said. Many AWS customers are just beginning to think about generative AI, but an increasing number are starting to bring ideas into production.

Persons: Sri, Elaprolu's, —, Sri Elaprolu, Elaprolu, It's Organizations: Amazon Web Services, AI Innovation, Service, Web, Center, PGA Tour, Bridgewater Associates, Business, Bridgewater, AWS Locations: Sri Elaprolu, Sri

☆ Graphene: The world’s strongest material could be used to make clean drinking water
▼ + stars: | 2023-11-29 | by ( Rebecca Cairns | ) edition.cnn.com time to read: +6 min

CNN —Often referred to as a “miracle material,” graphene is one million times thinner than a single human hair and stronger than steel. The two-dimensional carbon material, made from single layers of graphite, a material mined from the ground, is extremely lightweight, conductive, and flexible, and has the potential to deliver transformational technologies across industries, from electronics to transportation. Now, researchers at Khalifa University in the United Arab Emirates (UAE) are exploring another use for graphene: producing drinking water. That’s where graphene comes in: Arafat is working on a graphene-enhanced membrane that could make the process more efficient and cheaper. “Even in small quantities, these graphene materials significantly improve the performance of the membranes in terms of their water production,” he adds.

Persons: ”, Hassan Arafat, Arafat, “, Arafat isn’t, Molymem, Christophe Viseux, RIC2D, James Baker, Baker, You’re, ” Baker Organizations: CNN, Khalifa University, United Arab Emirates, United Arab, Research, Innovation, UK’s University of Manchester, University of Manchester, Bloomberg, Getty, Graphene@Manchester, European Union Locations: UAE, United Arab Emirates, Abu Dhabi, Abu, Turkish, Emirates

☆ 5 things to do when you’re depressed
▼ + stars: | 2023-11-17 | by ( Andrea Kane | ) edition.cnn.com time to read: +8 min

How to get help • Help is available if you or someone you know is struggling with suicidal thoughts or mental health matters. “Really try to do the sort of things that you would do for your physical health,” Raison said. “If you have caring, smaller, supportive relationships with other people, it’s a big protective factor against getting depressed. It’s also a factor that can really help you get over depression.”Don’t give upBe persistent in seeking help. We hope these five tips help you better care for a depressed brain.

Persons: Sanjay Gupta, —, Charles Raison, “, what’s, ”, “ Will, we’ve, you’ve, It’s, Don’t, don’t Organizations: CNN, Gallup, International Association for Suicide Prevention, Befrienders, US Centers for Disease Control, University of Wisconsin, Vail Health Behavioral Health Innovation Center, CNN Health Locations: United States, Madison, Vail, thankfulness

☆ Chipotle tests automation for burrito bowls and salads
▼ + stars: | 2023-10-03 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

Chipotle Mexican Grill is testing whether automation can make customers' burrito bowls and salads. It's the second time the burrito chain has publicly announced testing automation at its innovation center. Roughly two-thirds of all Chipotle digital orders are either burrito bowls or salads, according to Chipotle. The Hyphen robot will make burrito bowls and salads for digital orders only. Simultaneously, an employee can assemble digital orders for other items, such as tacos, quesadillas and burritos, on the digital make line.

Persons: Chipotle's, Sweetgreen, Jonathan Neman, Chipotle Organizations: Ono Locations: California

☆ Feeling lonely? Go to the library.
▼ + stars: | 2023-09-24 | by ( Juliana Kaplan | Eliza Relman | ) www.businessinsider.com time to read: +12 min

And it's becoming clearer just how important "third places" — spaces for socializing outside of work and home — are. Wood, who thinks libraries are "one of the last true third places," explained that there are a range of spaces in her library. Abrams said he regularly drops by the New York Public Library just to pick up sticky buns from Amy's Bread, a bakery with an outpost in the library. Eliza Relman/InsiderIn Boston, for instance, the Boston Public Library is thriving, Gregor Smart, the head of the Kirstein Business Library and Innovation Center at BPL, said. Covid taught the library the need for things like Macs with webcams, for instance, so library goers can hop on Zoom or do job interviews.

Persons: Stephanie Garcia, Emily Dickinson, Willa Cather, Garcia, Eliza Relman, Carla Hayden, We're, Brittany Simmons, who's, TikTok, Simmons, —, Brooks Rainwater, it's, Emma Wood, That's, we're, Katie Davidovich, — we've, Davidovich, Tim Peters, Peters, Wood, Samuel Abrams, Abrams, hasn't, Rainwater, Gregor Smart, Smart, Covid Organizations: Service, of Congress, of Labor, Library of Congress, DC, Congress, Urban Libraries Council, University of Massachusetts Dartmouth, Capitol, College, Central Michigan University, American Enterprise Institute, New York Public, Public, Boston, Boston Public Library, Business, Innovation, BPL Locations: Wall, Silicon, Washington ,, New York, Capitol Hill, Canada

☆ Here's why Jim Cramer believes that fears about Starbucks in China are overblown
▼ + stars: | 2023-09-22 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Stocks, Jim Cramer's, Jim, Shawn Fain, Ford Organizations: CNBC, Nasdaq, Dow, Treasury, U.S, Texas, Starbucks, United Auto Workers, General Motors, Club, Ford, UAW, GM Locations: China, Seattle, Shanghai

☆ China's gallium, germanium exports drop to zero as tech war simmers
▼ + stars: | 2023-09-21 | by ( Laura He | ) edition.cnn.com time to read: +4 min

Hong Kong CNN —China’s exports of two rare minerals essential for manufacturing semiconductors fell to zero in August, a month after Beijing imposed curbs on sales overseas, citing national security. In July, the country exported 5.15 metric tons of forged gallium products and 8.1 metric tons of forged germanium products. The curbs are indicative of China’s apparent willingness to retaliate against US export controls, despite concerns about economic growth, as a tech war simmers. Prices for gallium have fallen in China, as export controls caused inventories to pile up. The model is powered by an advanced chip, which was created despite US sanctions intended to cut the Chinese tech giant off from such technology.

Persons: Biden Organizations: Hong Kong CNN —, Eurasia Group, China's Zhejiang University, China's Zhejiang University Hangzhou International Science, Innovation, Publishing, Shanghai Metal, Micron, Huawei, Semiconductor Manufacturing International Corp, Jefferies, China Locations: China, Hong Kong, Beijing, China's Zhejiang University Hangzhou, Shanghai, United States, Japan, Netherlands, Washington

☆ Okta forecasts quarterly revenue above expectations, shares surge
▼ + stars: | 2023-08-30 | by ( ) www.reuters.com time to read: +2 min

Okta's shares rose 10% after the bell, after the company also raised its annual revenue and adjusted earnings forecast. It also raised its revenue expectations for fiscal year 2024 to $2.21 billion to $2.21 billion from $2.18 billion to $2.19 billion earlier. Subscription backlog, a measure of future revenue, rose 8% to $3.03 billion. The identification software provider's revenue rose 23% in the second quarter from a year earlier to $556 million, beating expectations of $534.5 million. Its peer Cyberark Software (CYBG.F) also topped quarterly revenue expectations in June, in a positive sign for the sector.

Persons: Dado Ruvic, Okta, Arsheeya Bajwa, Krishna Chandra Organizations: REUTERS, Microsoft, Thomson Locations: San Francisco, Asia, Bengaluru

☆ Amazon cloud revenue rise 12%, topping analysts' estimates
▼ + stars: | 2023-08-03 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

Amazon said Thursday that revenue from its cloud unit increased 12% year over year in the second quarter, a speedier pace than analysts had predicted. Revenue for the quarter came to $22.1 billion, beating the $21.79 billon consensus among analysts surveyed by StreetAccount. AWS operating income has now declined for three consecutive quarters. Google and Microsoft are also moving quickly to make money as companies look to take advantage of generative AI following the rise of startup OpenAI's ChatGPT chatbot. AWS CEO Adam Selipsky told CNBC in June that the generative AI "race" has just started.

Persons: Gartner, Adam Selipsky Organizations: Amazon, Revenue, StreetAccount, StreetAccount . Revenue, Amazon Web Services, AWS, Microsoft, Center, Google, OpenAI Service, CNBC Locations: StreetAccount .

☆ Vietnam's digitalization efforts fuel startup scene
▼ + stars: | 2023-07-12 | by ( Nyshka Chandran | ) www.cnbc.com time to read: +2 min

Vietnam's tech startups are reaping the benefits as the country sets its sights on becoming a fully digital society by 2030. In 2021, new startup support centers Hanoi, Da Nang and Ho Chi Minh City were announced. It ranked third in terms of deal count in Southeast Asia, and fourth in deal value last year, the report said. Notably, domestic funds were the top investors in local startups last year, accounting for 45% of total deal value. However, the total value of investment in Vietnamese startups was only $634 million in 2022 — down 56% year-on-year from the record high of $1.4 billion in 2021, the report noted.

Persons: Momo, Sky Mavis Organizations: French IT, World Bank, Ventures, National Innovation Center, Ministry of Planning, Investment Locations: French, Ho Chi Minh City, Silicon, Hanoi, Da, Southeast Asia

☆ Amazon charts its own course on A.I., leaning on its strengths in cloud and e-commerce
▼ + stars: | 2023-07-11 | by ( Paulina Likos | ) www.cnbc.com time to read: +10 min

AI in advertising Amazon is not only differentiating its gen AI strategy by leveraging the cloud, but it's also incorporating AI in e-commerce to support its ad business. Amazon Prime Day Amazon Prime Day, the global shopping event that attracts consumers seeking huge cost-saving deals, on a variety of products will be held July 11 and 12 in 24 countries. Coupled with the cloud, e-commerce is the other big piece of what Amazon is all about. The 48-hour event is expected to bring in $8 billion in U.S. e-commerce sales, according to data by Insider Intelligence. Still, Insider Intelligence data shows Amazon Prime Day e-commerce sales will surpass that of competing retailers.

Persons: Andy Jassy, Scott Devitt, Devitt, Andrew Lipsman, it's, Lipsman, Sellers, Gene Munster, Jim Cramer's, Jim Cramer, Jim Organizations: Amazon Web Services, CNBC, Amazon, Microsoft, Nvidia, AWS, Insider Intelligence, Google, Deepwater Asset Management, Intelligence, Amazon CNBC Locations: U.S

☆ Cultivated chicken debuts in San Francisco restaurant
▼ + stars: | 2023-07-01 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +3 min

New York CNN —Chicken made from cultivated cells is officially on the menu at Bar Crenn in San Francisco. On Saturday, cultivated chicken tempura will be on Bar Crenn’s menu, served with a burnt chili aioli and garnished with greens and edible flowers. Ujpside Foods' cultivated chicken is on the menu at Bar Crenn. UPSIDE FoodsAfter Saturday, there will be other opportunities to try cultivated chicken at Bar Crenn, but not right away. Cultivated meat at scale could use far less land and water than conventional agriculture, experts say.

Persons: hasn’t, José Andrés, it’s Organizations: New, New York CNN, US Department of Agriculture, Foods, Innovation, Food and Drug Administration, FDA, Service Locations: New York, San Francisco, Washington, China

☆ Shein's rise: How the wildly popular but controversial Chinese brand became the most feared fast-fashion retailer in the world
▼ + stars: | 2023-07-01 | by ( Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +1 min

Shein is a fast-fashion retailer that produces thousands of garments and accessories at a rapid pace. In 2022, the company was worth $100 billion — more than fast-fashion predecessors H&M and Zara combined. Shein has faced mounting backlash from critics who allege that it uses questionable labor practices and contributes to climate pollution. In its latest PR stunt, Shein invited influencers to visit its innovation center in China. After posting glowing reviews of their trips, the influencers faced a lot of backlash for ignoring mounting allegations of questionable labor ethics and concerns about Shein's role in climate pollution.

Persons: Zara, Shein, influencers Organizations: Service, Gen Locations: China

☆ Microsoft is developing cutting-edge AI chips to 'close the gap' with AWS, internal documents show
▼ + stars: | 2023-06-30 | by ( Ellen Thomas | ) www.businessinsider.com time to read: +3 min

Microsoft is betting on making its own AI chips for long-term growth, new internal documents show. Cloud market leader AWS is lagging behind Microsoft in AI efforts. Microsoft is betting on developing its own silicon chips to drive long-term growth for its cloud business, newly-released internal strategy documents confirm. It hopes the chip will outperform the ones it buys from vendors to save money on its high-cost AI efforts. Wall Street was less impressed by the AI efforts AWS touted on its earnings call a few days later.

Persons: We're, Satya Nadella, Bernstein, Ellen Thomas Organizations: Microsoft, FTC, Activision Blizzard, AWS, Federal Trade Commission, Companies, Apple, Google, Amazon Web Services

☆ Shein sent American influencers to China. Social media users are furious
▼ + stars: | 2023-06-28 | by ( Ramishah Maruf | ) edition.cnn.com time to read: +5 min

New York CNN —A group of American fashion influencers and creators has received online backlash after they visited a model factory in China as part of a tour sponsored by Shein, an internet shopping giant, and posted glowing reviews. Kenya Freeman, a designer who has sold clothing on Shein, traveled to China and Singapore, where Shein is now based, as part of the junket and shared videos on her Instagram account. In a statement, Shein said the social media videos posted by the influencers were authentic. But its meteoric rise has come with scrutiny, especially as relations between the United States and China have deteriorated. In April, a US congressional commission said Shein, online superstore Temu and others in China were potentially linked to the use of forced labor, exploitation of trade loopholes, product safety hazards or intellectual property theft.

Persons: Kenya Freeman, ” Freeman, ”, Freeman, Shein, Gen, Dani Carbonari, “, Destene Sudduth, Instagram, Kelly Kellen, Z, ‘ Organizations: New, New York CNN, Shein, CNN, Securities and Exchange Commission, Bloomberg, United, United Nations Environment Programme, Aurora University Locations: New York, China, Guangzhou, Kenya, Singapore, Atlanta, United States, Xinjiang

☆ Influencers are under fire for praising working conditions in Shein’s clothing factory despite abuse allegations
▼ + stars: | 2023-06-27 | by ( Daysia Tolentino | ) www.cnbc.com time to read: +2 min

She said she asked workers questions based on her followers' concerns about the brand. While the trip seemed to reassure the influencers about Shein's working conditions, viewers criticized the creators for pushing "propaganda" and "selling out" for a free trip. You're being called out across the internet," one commenter wrote on one of Carbonari's Instagram posts. "Was the bag worth losing your ethics and helping propaganda," another wrote under one of Butler's Instagram posts. "This is the part that they wanted you to see so you can give the socials a good report," one person wrote under one of Sudduth's Instagram posts.

Persons: Sudduth, They're, Butler, Shein, Carbonari Organizations: Bloomberg, Getty, Shein Locations: Singapore, U.S

☆ AWS is investing $100 million in generative A.I. center in race to keep up with Microsoft and Google
▼ + stars: | 2023-06-22 | by ( Jordan Novet | ) www.cnbc.com time to read: +4 min

But the announcement shows that Amazon Web Services recognizes the significance of the current moment in generative AI and the importance of being in the conversation, alongside rivals Microsoft and Google . However, those rivals have had splashier entrances into generative AI, even though Amazon has drawn broadly on AI for years to show shopping recommendations and operate its Alexa voice assistant. For Amazon, that momentum applies to its Bedrock generative AI service and its Titan models as well as the new innovation center. Really, you need the cloud for generative AI." Also, the way Selipsky sees it, AWS provides a measure of credibility in offering generative AI that eludes others in the space.

Persons: OpenAI, Adam Selipsky, Selipsky, isn't, Jeff Bezos, we're, I've Organizations: Web Services, Microsoft, Google, CNBC, RyanAir, Lonely, Amazon, Nvidia, Fortune, FTC Locations: Twilio

☆ Medicare is prohibited from paying for weight-loss drugs. These are the 3 potential ways to change that.
▼ + stars: | 2023-05-22 | by ( ) www.businessinsider.com time to read: +6 min

There are three routes lawmakers and regulators could use to add coverage for weight-loss drugs. Older Americans hoping to get their hands on powerful weight-loss drugs such as Ozempic and Wegovy may find it impossible to access them. Should Medicare cover weight loss medication, it could also unlock access for people who have private coverage. "A decision by Medicare to cover weight-loss drugs would put pressure on employers and other private insurers to cover weight-loss drugs too," said Tricia Neuman, a senior vice president at KFF who co-authored a recent brief on the subject. There are three potential strategies that could be used to expand Medicare coverage to weight-loss drugs.

☆ Got a stash of Bed Bath & Beyond coupons? You'd better use them soon
▼ + stars: | 2023-04-23 | by ( Parija Kavilanz | ) edition.cnn.com time to read: +4 min

Bed Bath & Beyond said it would sell off its merchandise and then go out of business. Instead, Bed Bath & Beyond expects to offer “deep discounts” on its products as part of its going-out-of-business sales. Bed Bath & Beyond, a staple of wedding registries for years, said customers who registered with Bed Bath & Beyond will eventually have their information transferred to a competitor’s service, where guests can purchase similar items. With stores closed for months, and consumers rethinking their nonessential purchases, Bed Bath & Beyond sales and profit took a hit. Now that the company is going through a liquidation process, Bed Bath & Beyond said it’s the end of the road for the coupons.

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