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Many wealthy buyers say they were driven out by a so-called mansion tax in Los Angeles, among other tax-related issues. Los Angeles topped Redfin's list of US metropolitan areas that homeowners are most looking to leave, based on their user data of home searches. Wealthier Americans — those making more than $200,000 per year — are moving out of high-cost cities like New York and Los Angeles, according to personal finance site SmartAsset. San Diego real-estate agent Jennifer Janzen says she's recently had Los Angeles clients head south to trade up in style. Another client of Janzen's was a young family who grew tired of the city life in Los Angeles.
Persons: , Gus Lira, Lira, Lira's, Summerlin, she's, Jennifer Janzen, Janzen, Sotheby's, grâce, Jade Mills, Rob Desantis, Mary Fitzgerald Organizations: Service, Getty, Hollywood, Las, Golden, LA, Bloomberg, Los, Netflix Locations: Los Angeles, Malibu, California, Orange County, Las Vegas, Nevada, Vegas, Red, Vegas from California, Seattle, Florida , Texas, Tennessee, New York, Diego, Angeles, Rancho Santa Fe, San Diego, LA, Santa Fe, Manhattan
CHAOTICThe past week turned into a trap-filled slate for the AP Top 25 teams. But with 15 ranked teams losing last week, that insulated some teams from falling as much with everyone around them also stumbling. RISING AND SLIDINGTen teams moved up in this week's poll, with the Bears' jump of five spots marking the biggest of the week. 14 Illinois each fell four spots, while a total of nine teams slid from last week's poll. ___Get poll alerts and updates on AP Top 25 basketball throughout the season.
Persons: Gonzaga, Dan Hurley, , ZAGS, Mark Few's, Creighton, Butler, ___ Organizations: NCAA, Associated Press, Huskies, UConn, Purdue, Boilermakers, Nebraska, ” Purdue, UCF, North Carolina State, Atlantic Coast Conference, Syracuse, UNC, Baylor, Houston, Cougars, Duke, Wildcats, Bears, Utah State, Blue Devils, Oklahoma, TCU, Golden Eagles, Iowa State, Texas Tech, Rebels, Colorado State, San Diego State, Clemson, CONFERENCE, Southeastern Conference, Big, Big East, Coast, American Athletic Locations: Connecticut, Kansas, Santa Clara, Tennessee, Kentucky, Memphis, Wisconsin, Marquette, Arizona, Illinois, Houston, Dayton, Mississippi, San, Texas, Atlantic
Apple has told 121 staff in San Diego to move to Austin or face being laid off, Bloomberg reported. They've been given until the end of February to decide if they'll relocate, the report said. AdvertisementApple has reportedly told 121 employees in San Diego to relocate to Austin or face being laid off. People with knowledge of the matter said the employees told Bloomberg the majority of the 121 workers weren't willing to relocate. The company told staff in its Development and Preservation teams to reapply for their jobs or they would get laid off.
Persons: Apple, They've, they'll, , Siri, Platformer's Zoë Schiffer, Schiffer, Hugh Langley, Tim Cook, Apple's, Tim Cook's, It's, Apple didn't Organizations: Bloomberg, Service, Apple, Texas, Preservation, Meta, Google, CNBC, Microsoft, Huawei, Reuters, Business Locations: San Diego, Austin, China
MIAMI (AP) — Eight months after crossing the Rio Grande into the United States, a couple in their 20s sat in an immigration court in Miami with their three young children. About 261,000 cases of migrants placed in removal proceedings are pending in the Miami court — the largest docket in the country. Their average caseload is now 5,000 per judge, said Mimi Tsankov, president of the National Association of Immigration Judges. An example would be allowing most asylum cases to be solved administratively or through streamlined processes instead of litigated in courts. ___Associated Press religion coverage receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc.
Persons: Christina Martyak, Aarón Rodriguéz, Cindy Baneza, it’s, , Mayra Cruz, I’ve, Cruz, Austin Kocher, “ They’re, Randy McGrorty, they’ve, , Miguel Mora, that’s, ” Rodriguéz, Judge Martyak, Baneza's, “ We’ve, We’re, Karen Musalo, Time, Mimi Tsankov, Kathryn Mattingly, Paul Schmidt, Obama, Schmidt, Trump, Elliot Spagat Organizations: MIAMI, Catholic Archdiocese of, Syracuse, Syracuse University, Austin, Justice Department, Biden, Department of Homeland Security, Immigration, Catholic Legal Services, Archdiocese of, Associated Press, Gender & Refugee, University of California, National Association of Immigration, Catholic, Services, ___, Lilly Endowment Inc, AP Locations: Rio Grande, United States, Miami, Honduras, Catholic Archdiocese of Miami, Ukraine, Israel, Archdiocese of Miami, San Francisco, Central America, U.S, Cuban, Venezuelan, San Diego , California
The attorney general has tried to strip Arevalo and his Vice President-elect Karin Herrera of legal immunity, suspend his Semilla party and annul the election. "Problems are not over for Arevalo," said Roberto Alejos, former Guatemalan Congressional and political analyst. Giammattei's conservative Vamos party and UNE, the party of former first lady Sandra Torres who Arevalo defeated in the election hold a combined greater power. The government of Arevalo and Herrera will have to carefully balance demands by the United States to stem migration amid record-high remittances that keep the local economy afloat. After winning the presidency, Arevalo said he will expand relations with China, which could imply a change in policy for Guatemala's diplomatic ties with Taiwan, a move that could anger the United States.
Persons: Bernardo Arevalo, Alejandro Giammattei, Arevalo's, Arevalo, Karin Herrera, Roberto Alejos, Sandra Torres, Ana Maria Mendez, Consuelo, Porras's, TAIWAN Arevalo, Juan Jose Arevalo, Herrera, Sofia Menchu, Diego Ore, Cassandra Garrison, Diane Craft Organizations: Sofia Menchu, Sofia Menchu GUATEMALA CITY, Arevalo, Guatemalan Congressional, Washington Office, American Affairs, TAIWAN, Central, Reuters Locations: Sofia, Sofia Menchu GUATEMALA, Guatemalan, Guatemala, Central America, Arevalo, United States, CHINA, China, Taiwan, Guatemala City
The Jim Harbaugh derby for NFL teams is about to heat up. A week after leading the University of Michigan to a national title in the College Football Playoff, Harbaugh will meet with the Los Angeles Chargers about their head coach vacancy this week, a person familiar with the situation told The Associated Press. Harbaugh, who previously coached in the NFL, has a prior relationship with the Chargers and the Spanos family that owns it. To prepare for a possible NFL return, Harbaugh recently hired Don Yee as his new agent. Despite leading Michigan to its first national title since 1997, it was a frustrating year for Harbaugh.
Persons: Jim Harbaugh, Harbaugh, Brandon Staley, Tom Telesco, ” Harbaugh, Don Yee, Yee, , Tom Brady —, Sean Payton, John . Harbaugh, Giff Smith, Kellen Moore, Patrick Graham, Todd Monken, San, Steve Wilks, Mike Macdonald, Monken, Wilks, Macdonald, ___ Organizations: NFL, University of Michigan, College Football Playoff, Los Angeles Chargers, Associated Press, Chargers, Bolts, Raiders, Wolverines, Washington, . Michigan, San Diego University, Stanford, San Francisco 49ers, Bowl, Denver Broncos, 49ers, Super, Niners, Baltimore Ravens, Minnesota Vikings, Broncos, Carolina Panthers, Harbaugh, NCAA, Big, Michigan, Las Vegas Raiders Locations: Atlanta, Carolina, Las Vegas , Seattle , Tennessee, Washington, Las Vegas, Michigan, Pasadena
Don’t let the weekend get away from you
  + stars: | 2024-01-13 | by ( Diamond Naga Siu | ) www.businessinsider.com   time to read: +8 min
The big storyDon't let the weekend get away from youJLPH / Getty ImageWeekends seem like such a simple concept — two days away from work. Plan "anchor events" for your weekendAdvertisementVanderkam defined an anchor event as something you want to do during the weekend — any activity that's loosely planned ahead of time. She recommends thinking of the weekend in five chunks: Friday night, Saturday day, Saturday night, Sunday day, Sunday night. People can experiment with balancing responsibilities and free time, she said, since creating a fulfilling weekend is so individualized and requires work. Haselberger recommends that people ask themselves: What can you do on the weekend that is outside of something that you would normally do to make the weekend feel like it was a prolonged period of time?
Persons: , what're, Laura Vanderkam, Chris Madden, Vanderkam, Alexis Haselberger, Haselberger, Zack Frank, Elon, Oliver, ULA, Peregrine, Dermatologists, Alpha —, Ken Levine, Getty, Christian Petersen, Tyler Le, Tim Carman, Naga Siu, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, Hayley Hudson, Lisa Ryan Organizations: Service, Business, Netflix, Amtrak, Getty, Washington Locations: Elon Musk's, Delaware, California, San Diego, New York, London, Edinburgh
Reuters —A US appeals court said on Tuesday that Madrid’s Thyssen-Bornemisza museum may keep a painting by the French impressionist Camille Pissarro that the Nazis looted from a Jewish woman, rejecting an ownership claim that her heirs have pursued for more than two decades. The 3-0 decision by the 9th US Circuit Court of Appeals in Pasadena, California, came in one of the oldest Nazi art theft cases, which began in 2005 and reached the US Supreme Court two years ago. After learning where the painting was, Neubauer’s grandson, Claude Cassirer, petitioned for its return in 2001, and sued four years later. The painting (far right) on display at Madrid's Thyssen-Bornemisza museum, which acquired the work in 1993. The decision came two years after the Supreme Court threw out an earlier 9th Circuit decision because it misapplied choice-of-law rules.
Persons: Madrid’s Thyssen, Camille Pissarro, , “ Rue Saint Honore, pluie, Rue, Rue Saint Honore, Lilly Neubauer, Thyssen, Baron Hans Heinrich Thyssen, Neubauer’s, Claude Cassirer, David, Madrid's Thyssen, Susana Vera, Judge Carlos Bea, Consuelo Callahan, , Spain’s, Thaddeus Stauber Organizations: Reuters, 9th, Supreme Court, “ Rue Saint, Rue Saint, Bornemisza, United Jewish Federation of San Locations: Bornemisza, Pasadena , California, Paris, Nazi Germany, United Jewish Federation of San Diego County, California, Spain, Nazi
Walmart will close two stores in the San Diego area on February 9. AdvertisementWalmart is set to close a pair of stores in the San Diego area that it says are not meeting financial performance expectations. The store locations are 2121 Imperial Ave. in San Diego and 605 Fletcher Parkway in El Cajon will close on February 9. "We are grateful to the customers who have given us the privilege of serving them at our San Diego and El Cajon stores," Walmart spokesperson Brian Little said in a statement to Business Insider. This story is available exclusively to Business Insider subscribers.
Persons: , Brian Little Organizations: Walmart, Service, El, Business Locations: San Diego, El Cajon, Walmart.com
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA US Navy sailor has been fined $5,500 and sentenced to 27 months in prison for leaking military secrets to Chinese intelligence, federal prosecutors said on Monday. Prosecutors said Zhao would talk with the Chinese intelligence officer using encrypted messaging, and accused him of destroying evidence and trying to hide his communications with his handler. AdvertisementAnother US Navy sailor, Jinchao Wei, also known as Patrick, was arrested at the same time as Zhao on similar charges. She believed that the espionage would secure him a position in the Chinese Communist Party, federal prosecutors alleged.
Persons: , Wenheng Zhao, Zhao, Thomas, Prosecutors, Larissa Knapp, Jinchao Wei, Patrick, Wei Organizations: Service, US Navy, Business, Justice Department, Federal Bureau, Investigation's National Security, Prosecutors, Chinese Communist Party Locations: Port Hueneme, Ventura County , California, Okinawa, Japan, Monterey Park , California, Essex, San Diego, Wisconsin, Washington
In the course of assembling Business Insider's list of 2023 rising stars of the entertainment industry — 25 up-and-coming execs from companies like Netflix, Disney, Warner Bros. We asked them to break down the contours of the role — what they love, what the biggest challenges are — and to break down what skills and traits make a good creative executive. Find your balance between creative thinking and executive skillsDiego Nájera is a director of narrative film at Participant, an independent production company. Let the creator's vision be the North Star of every decisionEmerald Wright-Collie is a director of creative content for Sony Pictures Television's kids' division. So always sticking true to that creative North star.
Persons: Baggett, it's, Zac Geoffray, Abbott, It's, Diego Nájera, we've, Emerald Wright, Collie, Kurt Mueller, , Alison Brower Organizations: Hollywood, Creative, Netflix, Disney, Warner Bros, ABC, North Star, Sony Pictures Locations: today's
Another billionaire is having a hard time with his newspaper. That's because the LA Times is owned by billionaire Patrick Soon-Shiong, and it is losing money; even though Soon-Shiong is a billionaire, even billionaires have limits. Asked for comment, an LA Times spokesperson said that company leaders "don't generally make forward-looking statements about staffing levels and aren't able to comment further at this time." In 2021, The Wall Street Journal reported that Soon-Shiong was considering selling the LA Times itself , but Soon-Shiong said that was not the case. Last fall, for instance, The Washington Post — owned by Amazon founder Jeff Bezos — one of the richest men in the world — underwent giant staff cuts .
Persons: Patrick Soon, Jeff Bezos's Washington, Warren Buffett, , Kevin Merida, Patrick, Shiong Axelle, Bauer, Griffin, It's, Shiong, doesn't, Jeff Bezos —, Warren Buffett — Organizations: Los Angeles Times, Jeff Bezos's Washington Post, Service, LA Times, LA, San Diego Union, Tribune, Street Journal, Washington Post, Amazon, Omaha, Alden Global Capital Locations: Merida, San Diego, Berkshire
Some Airbnb guests have protested loudly that cleaning fees are too high and the chores some hosts request upon checkout are too onerous. For $49 a month, it's one less stressor for short-term rental property owners or managers in an increasingly competitive business. Courtesy of Can MonkeyCan Monkey has found customers by starting Facebook groups for Airbnb hosts and owners. Shapiro said he used to get kicked out of other Facebook groups for Airbnb hosts because he posted about Can Monkey, so he started his own. Can Monkey runners have seen guests throw out brand-new suitcases, expensive pool floats, and barely-used elaborate party decorations, he said.
Persons: , Marc Zagoury, Monkey, Alex Shapiro, Shapiro, Uber, hasn't, It's Organizations: Service, Business, Facebook Locations: Scottsdale , Arizona, Phoenix, Scottsdale, Miami, San Diego, Austin, Denver, Orlando, Nashville, Airbnbs
In today's big story, we're looking at the resignation of another Ivy League president and the knock-on effect it'll have on education in the US. The big storyIvy League issuesBrian Snyder/ReutersClaudine Gay's tenure as Harvard president wasn't long, but it won't be forgotten. Alan Garber, Harvard's provost and chief academic officer, will serve as interim president, the school's board announced. Gay is the second Ivy League president to step down in less than a month, following in the footsteps of former Penn president Elizabeth Magill. Harvard president Claudine Gay Kevin Dietsch/Getty ImagesGay and Magill's departures highlight the tension between businesses and prestigious universities and the former's influence over the latter.
Persons: , Bob Marley, John Wick, Brian Snyder, Claudine Gay's, wasn't, Gay, Alan Garber, Harvard's, Elizabeth Magill, Magill, Sally Kornbluth, Bill Ackman, Claudine Gay Kevin Dietsch, Business Insider's Paul Squire, Lucas Jackson, Tesla, Goldman, Tyler Le, it's, Warren Buffett, Greta Thunberg, Florence Pugh, Mel Gibson, J.R.R, Tolkien, Eli Manning, Max Willcocks, Dan DeFrancesco, Diamond Naga Siu, Hallam Bullock, Jordan Parker Erb, Hayley Hudson, Lisa Ryan Organizations: Service, Ivy League, Business, Harvard, Ivy, Penn, Gay, MIT, GOP, Big Tech, Apple, Microsoft, Nvidia, Meta, Boston Consulting Group, Cushman & Wakefield, LinkedIn, SAP, Verizon Consumer Group, EV, Elon, Jiji Press, Japan Airlines, New York Locations: China, Jisoo, New York, San Diego, London, Edinburgh
Sunset Boulevard | Corbis Historical | Getty ImagesThe Force remains strong with the Star Wars franchise. Despite not releasing a theatrical film since 2019, Star Wars has been named the top film franchise of 2023 by Fandom, the world's largest platform for entertainment fans. In between each film in the sequel trilogy, Disney released a film that harkened back to an important plot point from past Star Wars films. "At the time, Disney's strategy was to essentially release one new Star Wars film theatrically each year," said Peter Csathy, founder and chair of advisory firm Creative Media. Rebuilding an empireDisney isn't set to release another Star Wars film in cinemas until 2026.
Persons: Mark Hamill, Carrie Fisher, Harrison Ford, Georges Lucas, Paul Dergarabedian, Star Wars Disney Harry Potter, James Bond, Disney, Harry Potter, Kylo Ren, Emperor Palpatine, Darth Vader, , Princess Leia, Han, Peter Csathy, Csathy, Boba Fett, Rosario Dawson, Tano, Ahsoka, Count Dooku, Stephanie Fried, Diego Luna, Cassian Andor, Alan Tudyk Organizations: Star Wars, Star, Disney, Comscore, Star Wars Disney, Marvel, Warner Bros, DC Studios, Lucasfilm, Wars, Creative Media, Lucasfilm Disney Locations: Florida
In the pharmaceutical industry, AI may one day accelerate new-drug development. In the foreseeable future, McClain expects the healthcare industry to use AI technology to design personalized medicines. Risks to considerWhile AI offers promise for the healthcare industry, there are also a variety of risks professionals using AI must consider and mitigate. Showalter said that a lack of "comprehensive regulations" can also make using AI technology in healthcare settings risky. With this in mind, he said, the medical industry must understand the "fundamentals of AI and its applications in healthcare."
Persons: , Sean McClain, McClain, Tim Showalter, Showalter, it's, Fred, haven't, Surya Josyula, Josyula Organizations: Experts, Service, Northwestern Medicine, Fred Hutchinson Cancer Center, UW Medicine, University of California, Fujitsu, Aichi Cancer, Fujitsu Laboratories of America Locations: University of California San Diego, Nagoya, Japan, China, United States
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, we're looking at some of the recent big changes at McDonald's, including the launch of a new restaurant concept. AdvertisementCold foam and oat milk are big business, as drink modifiers add up to roughly $1 billion in revenue for Starbucks. McDonald's app has grown over the years, with over 57 million active members, but it still leaves much to be desired. To be sure, 10 CosMc's is not even a drop in the bucket of McDonald's 40,000-plus restaurant empire.
Persons: , I'm, Joe Ciolli, Iman Jalali, Nancy Luna, It's, McDonald's, Nancy, CosMc's, Jamie Dimon, Jerome Powell, Jose Luis Magana, Ryan Detrick, Niklas Halle'n, Rebecca Zisser, Jeff Bezos, OpenAI's Ilya Sutskever doesn't, Sam Altman's, hasn't, Elon Musk's, Ben Bergman, Adam Neumann's, Insider's Ben Bergman, Z, Donald Trump, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Starbucks, Nancy, McDonalds, McDonald's, Reserve, Banking, Housing, Urban Affairs, Capitol, Carson Group, Getty Images, San, Sutskever, Visual China, Getty, Fort, Trump Organization, Trump Organization . Golden Globe Locations: Chicago, , Illinois, Texas, Washington, AFP, San Francisco, Fort Lauderdale, New York City, San Diego, London, New York
Financial Partners Credit Union is paying 6.50% APY (Annual Percentage Yield) on an 8-month CD special. Financial Partners Credit Union is offering an 8-month CD special paying 6.50% APY for new members. How to get 6.50% APY on a CDThe Financial Partner Credit Union 8-month CD special is only available to new members. Financial Partners Credit Union FAQsWho owns Financial Partners Credit Union? Up to $250,000 per depositor, per account ownership category is insured in a Financial Partners Credit Union bank account.
Persons: There's Organizations: Financial Partners Credit Union, Partner, Financial Partners, Union, FDIC, Chevron, Financial Partners Credit Union FDIC, Partners Credit Union Locations: California, Los Angeles County, Orange County, Riverside County, San Diego County, San Francisco, Alameda , California, Chevron
Be the first to know about the biggest and best luxury home sales and listings by signing up for our Mansion Deals email alert. A contemporary San Diego home asking $39.977 million is one of the city’s priciest listings, according to listing agent Craig Lotzof of Compass .
Persons: Craig Lotzof Organizations: Diego
TuSimple has had to grapple with safety concerns as well as government scrutiny of its dealings with a Chinese trucking startup. Photo: Cassidy Araiza for The Wall Street JournalSelf-driving trucking company TuSimple Holdings said Monday that it is winding down its U.S. business, reducing its workforce to about 30 people as it looks for a buyer for its assets that remain in the country. The demise of TuSimple’s U.S. operations marks a precipitous fall for the one-time leader in autonomous long-haul trucking. The San Diego-based company in the past year has had to grapple with safety concerns as well as government scrutiny of its dealings with a Chinese trucking startup.
Persons: TuSimple, Cassidy Araiza Organizations: Wall Street, TuSimple Holdings, TuSimple’s Locations: TuSimple’s U.S, San Diego
After saying he had not met with Ohtani, Counsell was asked whether anyone in the Cubs front office had. Counsell replied: “I have not.”Japanese pitcher Yoshinobu Yamamoto, another prized free agent, could be sought by the New York Yankees and Mets, who set payroll records this year in their third season under owner Steve Cohen. The Mets' projected final 2023 payroll is about $346 million and their luxury tax roughly $102 million. Political Cartoons View All 1283 Images“I don’t know if anybody can compete with Steve Cohen,” Yankees general manager Brian Cashman said. He's had a lot of success and built an empire which has allowed him to do things like the Mets.
Persons: — Dave Roberts, Shohei, Roberts, Bob Fosse, Ross Atkins, I’m, Craig Counsell, Ohtani, Counsell, , Yoshinobu Yamamoto, Steve Cohen, , Brian Cashman, He's, ” Cashman, Juan Soto, Preller, Mike Shildt, Cashman, Alex Verdugo, Greg Weissert, Chris Devenski, Erick Fedde, he’s, Yamamoto, AP Sports Writers Teresa Walker, Jay Cohen, ___ Organizations: Los Angeles Dodgers, Toronto, ” New Chicago Cubs, Cubs, New York Yankees, Mets, ” Yankees, Padres, New Padres, Soto, Yankees, Boston Red Sox, Tampa, NC Dinos, Chicago White Sox, Associated Press, Cleveland, MLB, Dodger, Dodgers, Orix Buffaloes, Lotte Marines, AP Sports Writers Locations: Tenn, , San Diego, Miami, South Korea, Japan
I'm single and child-free, and I'm closer than ever with four friends who are all married with kids — all thanks to an app. Meanwhile, my Marco Polo friends in California all got married and had kids by their mid-20s; they now have 10 children among them. Through Marco Polo, I got a long-distance yet close-up look at their lives. And, in some significant ways, my Marco Polo besties helped me get there. AdvertisementWe are closer than ever, and we still talk on Marco Polo every day.
Persons: Marco Polo, furrowed brows, it's, I've, They've, We've, Marco Polo besties, they've, Jillian Anthony Organizations: Service, University of San Locations: University of San Diego, New York City, California, Manhattan, Austin
Devine says Bunny knows 100 words — but many in the research world doubt she can really verbalize. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But "people liked looking at a beautiful, black and white sheepadoodle," Devine told Business Insider, adding: "It was a bright spot, and that's one of the reasons it took off." She said the two had conversations using recordable buttons on a soundboard known as an augmentative- and alternative communication device. "We all know that dogs can learn words," Devine said.
Persons: Alexis Devine, Bunny, Devine, she's, , soundboards, Federico Rossano, UC San Diego who's, KPBS, who's, Rossano, There's, Norma, Mila, I'm, Jules Howard, Howard, Hans Organizations: Service, University of California, of Cognitive Science, UC San Diego, BBC Locations: San Diego
In today's big story, we're looking at the rising similarities between Target and Walmart. Dominick Reuter/Business InsiderIf imitation is the sincerest form of flattery, Walmart and Target are embarking on some serious tributes to each other. AdvertisementTwo of the country's largest retailers are taking pages from each other's playbooks as they adjust to a changing economic landscape. And Walmart founder Sam Walton openly admitted he stole borrowed plenty of ideas from Sol Price, the originator of the wholesale club model. That's led Walmart to see an increase in higher-income clientele, a trend they're leaning into.
Persons: , Dominick Reuter, Insider's Dominick Reuter, Dominick, Christina Hennington, it's, Sam Walton, Sol Price, That's, Charlie Flanagan, Management's Bryan Kelly, Li Deng, Mike Schuster, Sam Altman Andrew Caballero, Reynolds, Daniel Ek, Slaven Vlasic, Rebecca Zisser, Elon, Zers, Xochitl Gomez, Alyson Hannigan, Jason Mraz, Charity Lawson, Ariana Madix, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Target, Walmart, AQR, Investments, AQR Capital Management, Vatic Investments, Sigma, Investment, Barclays, ING, MSCI Israel, Tel, Tel Aviv Stock Exchange, Israel Securities Authority, Reuters, Broadcom, VMware, The New York Times, Inc, Adobe, ABC, Major, Baseball, MLB Network Locations: Israel, Tel Aviv, New York City, San Diego, London, New York
Anderson Cancer Center in Houston, Dr. Jason Westin regularly witnesses the power of lifesaving cancer drugs. But because generic cancer drugs are often in shortage in the United States, he says, he and his patients have been put in a terrible position. Makers of generic drugs don’t have to share information about the supply chain, so buyers currently choose based only on price. Hernandez told the Senate committee that of the top 50 generic drugs paid for by Medicare Part D, 16 were marked up 1,000% or higher. Until there is some kind of legislation that addresses drug shortages, Wosińska and the other experts agreed, they will continue.
Persons: Jason Westin, ” Westin, that’s, they’d, Sen, Marsha Blackburn, Mike Crapo, Generics, ” Crapo, , , Crapo, Inmaculada Hernandez, ” Hernandez, Dr, Marta E, it’s, ” Wosińska, Ron Wyden, ” Wyden, Hernandez, Sanjay Gupta Organizations: CNN, Anderson Cancer Center, US, Finance, Vanderbilt, Tennessee Republican, Food and Drug Administration, Westin, Skaggs School of Pharmacy, Pharmaceutical Sciences, University of California, Centers, Medicare, Medicaid Services, Brookings Institution, CNN Health Locations: M.D, Houston, United States, Nashville, Idaho, China, India, San Diego, Oregon, generics
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