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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

☆ Your resting heart rate is a key sign of fitness and longevity. Improve it with 2 types of workouts.
▼ + stars: | 2024-03-12 | by ( ) www.businessinsider.com time to read: +5 min

"Your resting heart rate tells you so much about your cardiovascular fitness," he told Business Insider. AdvertisementAnywhere from 60 to 100 beats per minute is typically considered a normal resting heart rate, according to Paz. Athletes, especially in endurance sports, can have a resting heart rate as low as 40 beats per minute. How can you improve your resting heart rate? "As you train, your resting heart rate is going to go down," Paz said.

Persons: —, Edo, Johnsons, It's, Mike Thomson, Paz, Kate Baird, Baird, Thomson, I'd Organizations: Service, White Plains Hospital, Business, Hospital for Special Locations: Edo Paz, White

☆ Jimmy Fallon wakes up at 6 a.m. to a sunrise alarm clock and then checks his WHOOP score to see how he slept
▼ + stars: | 2024-03-11 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

The late-night host said his sunrise alarm clock wakes him up at 6 a.m. on Mondays. He said his sunrise alarm clock wakes him up with a gradual fake sunrise. AdvertisementA Philips sunrise alarm clock. Fallon did not immediately respond to requests for comment about which sunrise alarm clock he owns. WHOOP offers a free one-month trial period that comes with a pre-owned device.

Persons: Jimmy Fallon, Fallon, —, it's, Fallon hasn't, Barry Chin, everyone's Organizations: Service, Wall, Philips, Boston Globe, Getty, Apple, OpenAI

☆ Here are Monday's biggest analyst calls: Nvidia, Tesla, Netflix, Adobe, Amazon, Eli Lilly, Procter & Gamble & more
▼ + stars: | 2024-03-11 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

Here are Monday's biggest calls on Wall Street: Morgan Stanley reiterates Nvidia as overweight Morgan Stanley said the stock is a top idea after coming out of the company's recent TMT conference. " Morgan Stanley downgrades Hyatt to equal weight from overweight Morgan Stanley said in its downgrade of the stock that risk/reward is more balanced. Morgan Stanley reiterates Eli Lilly as overweight Morgan Stanley said the next catalyst for Eli Lilly is the results from the company's sleep apnea trial. Morgan Stanley initiates Phinia as overweight Morgan Stanley initiated the auto components and supplier company and says it's a "key beneficiary of the EV reset." Morgan Stanley reiterates Meta as overweight Morgan Stanley said it's standing by shares of Meta.

Persons: Morgan Stanley, Oppenheimer, underperform Jefferies, Jefferies, Tesla, Evercore, Tesla's, Tesla's Austin Gigafactory, Wolfe, XEL, Morgan Stanley downgrades Hyatt, JPMorgan, Stifel, Eli Lilly, Truist, Guggenheim, it's, PDD, Locker, Meta, Goldman Sachs, Goldman Organizations: Netflix, Jefferies, Wyndham, Underperform, Wyndham Hotels, Adobe, & Highland, JPMorgan, Energy, Hyatt, Petrobras, Procter, Gamble, Guggenheim, Nike, ICE, UBS, Apple, Meta, & & / Locations: Tesla's, Texas, bullish, China, Kazakhstan, America

☆ A tech entrepreneur shared the 'stoke, stage, stack' habit-creation framework that helps him keep habits up 365 days a year
▼ + stars: | 2024-03-10 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +5 min

Ron Gutman, a tech entrepreneur, shared his 'stoke, stage, stack' framework to make habits last. Gutman runs 365 days a year, even when it's snowing because he's always prepared for the environment. One tech entrepreneur shared his "stoke, stage, stack" framework that turns goals into long-lasting habits. "I run every morning, no fail, 365 days a year," Gutman said adding that he runs on the beach or in the park. If I didn't have the proper running shoes, I would very quickly hurt myself.

Persons: Ron Gutman, Gutman, he's, —, You'll, " Gutman, it's, James Clear's, BJ Fogg's, BJ Fogg Organizations: Service, Stanford University Locations: stoke

☆ 4 economic reports the market cares about most next week, including a fresh look at inflation
▼ + stars: | 2024-03-09 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Within the Club, we heard this week from Foot Locker on Wednesday, then from Costco and Broadcom on Thursday. The big economic data drop of the week arrived Friday with February's nonfarm payrolls report . The center of attention is Tuesday's February consumer price index report . On Thursday, the February produce price index is due out. ET: Producer Price Index 8:30 a.m.

Persons: FactSet, Locker, Foot Locker, February's nonfarm, Jerome Powell, he's, we'll, MANU, LEN, Jim Cramer's, Jim Cramer, Jim, Mostafa Bassim Organizations: Nasdaq, Dow Jones Industrial, Costco, Broadcom, Commerce, Federal, PPI, Ballard Power Systems, Fortrea Holdings, Casey's, Vail Resorts, MTN, Daniels, Midland, Kohl's Corporation, Kanzhun, Game Technology, Manchester United, Blade Air Mobility, Clover Health, Beauty Health, Energy Vault Holdings, PHX Minerals, Guild Holdings, Finance, Heron Therapeutics, ZIM Integrated Shipping Services, Arcos Dorados Holdings, ARCO, Petco, Wellness Company, Farms, Sonoma, WSM, ESS Tech, DICK'S Sporting, Inc, Futu Holdings, Bear, Autolus Therapeutics, III Apparel, Solo Brands, Weibo Corporation, Embraer, CNBC, Washington DC, Anadolu, Getty Locations: U.S, Asana, ASAN, Williams, Washington, United States

☆ Venture capital firm's plan to buy nonprofit hospital system has Ohio community on edge
▼ + stars: | 2024-03-02 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +17 min

In late 2022, Harrison joined venture firm General Catalyst, which has backed tech highfliers like Stripe, Snap and Airbnb . This is the first holistic transformation of a health system to a thoughtful combination of digital and in-person care." "It just makes people a little nervous, and it doesn't feel quite aligned with this concept of health care being a human right." To revolutionize how we care for patients, we in health care are doing the same." "This is not like a turnaround, this is not a distressed system," Harrison said.

Persons: Marc Harrison, who's, Astrid Stawiarz, Mark Zuckerberg, Elon Musk, He's, screeds, Harrison, Catalyst, HATCo, Fitch, Ceci Connolly, Connolly, She's, Freddy Krueger, John Bass, Bass, he's, Chris Bischoff, Bischoff, it's, Harrison isn't, Michael Greeley, Greeley, Beaumont, Cliff Deveny, hadn't, Deveny, Ben Sutton, Sutton, Shammas Malik, James Hardy, Hardy, Mayor Malik, Malik, we've, Capital's Greeley, Catalyst's Organizations: Healthy, CNBC, Intermountain Healthcare, Catalyst, Summa Health, Health Assurance Transformation Corporation, Summa Health Medina, Urban Institute, Fitch Ratings, Alliance of Community Health, General Catalyst, HCA Healthcare, University of California Davis Health, Intermountain, Flare Capital Partners, Beaumont Health, Health, Akron, Ideastream Public Media, HATCo Locations: New York City, Silicon Valley, Utah, Ohio, Harrison, PitchBook, U.S, Canada, Israel, Michigan, Beaumont, Akron, Summit County, Akron's

☆ A tech entrepreneur shared the advice Steve Jobs once gave him that's helped him find success and happiness in his career
▼ + stars: | 2024-03-02 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA serial tech entrepreneur recalled some words of wisdom that Steve Jobs shared with him that have helped him face challenges over his career and kept him moving forward. Gutman, who has headed numerous companies during his career, told Business Insider that Steve Jobs gave a commencement speech when he graduated from Stanford in 2005. Jobs said it led to a creative period in his life during which he founded two companies and fell in love. Frame challenges as adventuresGutman explained that if you're not passionate about the work you're doing or are solely motivated by money, you're more likely to give it up for something else.

Persons: —, Steve Jobs, Ron Gutman, Gutman, Steve, Jobs, Steve Wozniak, Apple, I'm, You've, We're Organizations: Service, Stanford University, Business, Stanford, Apple

☆ Your VO2 max is like a '401(k) for longevity' — here's how to invest in it for better heart health and a longer life
▼ + stars: | 2024-03-02 | by ( ) www.businessinsider.com time to read: +10 min

Having a higher VO2 max is good, but more important for health is how the number changes over time. There's a way to use VO2 max to improve heart health and fitness without getting too bogged down in the data. So you have a higher VO2 max, you have a better endurance capacity," Blander said. Men tend to have a slightly higher VO2 max, so an example for an active man could be around 42 mL/kg/min. "If you have higher VO2 max you have a much better chance based on our data analysis to live better, longer, which is amazing," Blander said.

Persons: —, Bryan Johnson, Gil Blander, It's, Blander, Archibald Hill, Hartley Lupton, Edo, Louw, Paz, Mike Thomson, Kate Baird, Baird, Thomson, Nico De Pasquale Organizations: Service, Apple, Cleveland Clinic, White Plains Hospital, Getty Locations: Edo Paz, White

☆ Haleon CEO: Expect to see volume growth in 2024
▼ + stars: | 2024-02-29 | 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 EmailHaleon CEO: Expect to see volume growth in 2024Brian McNamara, CEO of Haleon, joins to discuss the firm's earnings. The consumer health company says it expects the operating environment to remain challenging, but is eyeing up to 6% organic revenue growth this year.

Persons: Brian McNamara

Following Thursday's trade, Jim Cramer's Charitable Trust will own 2,930 shares of BHC, decreasing its weighting in the portfolio to 0.82% from 1.1%. We're trimming roughly one-quarter of our Bausch Health position to manage our downside risk ahead of a key event. As the likelihood of monetizing its BLCO stake increases, BHC shares are expected to trade appreciably higher. BHC 1Y mountain Bausch Health Companies 1 year What we have on our hands is a binary situation and the outcome could go either way. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, Xifaxan, Bausch, Jefferies, BHC, Johnson, haven't, we've, It's, Jim Cramer, Jim Organizations: Bausch Health, Jefferies, Health, CNBC

☆ CNBC Changemakers: Fortune 500 CEOs, Naomi Osaka and Alex Cooper share a success secret
▼ + stars: | 2024-02-28 | by ( Julia Boorstin | ) www.cnbc.com time to read: +5 min

Leading the way are health care, with 22%; tech, with 14%; and consumer products and financial services, tied at 10%. Kate Ryder is closing major gaps in women's and family health care with Maven. Michelle Zatlyn, co-founder and chief operating officer at Cloudflare, is giving companies AI tools to bolster cybersecurity and lower costs for vulnerable, critical infrastructure providers, including schools and local election systems. The Changemakers serve as a reminder that success is a result of leading in ways that are authentic. In the book she explored the concept of "reformers" — women working to fix broken systems.

Persons: Anat Ashkenazi, Eli Lilly, Svanika Balasubramanian, Bobbie, Laura Modi, Baby2Baby, Norah Weinstein, Kelly Sawyer Patricof, Alex Cooper, Tracee Ellis Ross, Naomi Osaka, Balasubramanian, Jessica Chang, Maayan Cohen, Kate Ryder, Maven, Monique Rodriguez, Jessica Berman, Kathy Hannun, Clara Shih, Michelle Zatlyn, Kristin Peck, Julia Boorstin Organizations: CNBC, U.S, RePurpose Global, rePurpose, Women's Soccer League, Dandelion Energy, cybersecurity Locations: Changemakers, Cloudflare

☆ Stocks making the biggest moves premarket: Unity Software, Cava, Zoom Video, Viking Therapeutics and more
▼ + stars: | 2024-02-27 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

Unity Software — Shares tumbled 15% after the video game developer forecasted that adjusted EBITDA would come in below analysts' expectations for the current quarter. Analysts polled by FactSet had expected $113 million in EBITDA, while Unity is expecting only between $45 million to $50 million. Workday's adjusted earnings came in at $1.57 a share, higher than the $1.47 expected by analysts polled by LSEG. AutoZone's earnings of $28.89 per share topped the $26.28 per share analysts had anticipated, according to LSEG. The company's $3.85 billion revenue was also higher than the anticipated $3.84 billion.

Persons: FactSet, LSEG, CarGurus, they'll, AutoZone, EBITDA, Wells, — CNBC's Michelle Fox, Tanaya Macheel, Sarah Min, Jesse Pound Organizations: Unity, LSEG, FactSet, PPG, Barclays, PPG Industries, FDA Locations: EBITDA, Cava, Wells Fargo, U.S, Canada

☆ One Medical's former CEO is making his first VC investments. Here are the 5 things a startup needs to get his backing.
▼ + stars: | 2024-02-22 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +1 min

One Medical's former CEO is making the first investments from his new VC firm, Healthier Capital. The firm has already announced two investments, and Amir Dan Rubin said he's looking for more deals. Amir Dan Rubin announced the launch of his new VC firm, Healthier Capital, in December after capping his six-year stint as CEO of the primary care company One Medical. Healthier Capital announced its first two healthcare investments this month, co-leading a $21 million round for AI-powered medical imaging startup Ezra and backing behavioral health company Octave. Rubin told Business Insider earlier this month the firm was closing a third investment that hasn't yet been announced.

Persons: Amir Dan Rubin, he's, Rubin Organizations: Capital, Business

☆ Walgreens is closing all VillageMD primary-care clinics in Florida as the pharmacy giant slashes costs
▼ + stars: | 2024-02-21 | by ( Rebecca Torrence | Blake Dodge | ) www.businessinsider.com time to read: +5 min

Read previewWalgreens-backed primary care company VillageMD is closing all its medical clinics in Florida, one of its largest markets. VillageMD confirmed the closures in an email to Business Insider on Wednesday. The closures are part of Walgreens' strategy to slash spending by $1 billion or more as the pharmacy giant's healthcare business struggles with losses. All of the VillageMD clinics in Florida are attached to Walgreens stores, according to Jefferies' January report. At the time of the acquisition, Walgreens had planned to open 1,000 VillageMD clinics located adjacent to its pharmacies by 2027.

Persons: —, VillageMD, Jefferies, Tim Wentworth, Brian Tanquilut, Jack Slevin, Tanquilut, Wentworth, Roz Brewer, John Driscoll, Mary Langowski, Driscoll Organizations: Service, Business, Walgreens, Jefferies, CVS Health, Summit, Solera, Shields Health Solutions, Pearl Health Locations: Florida, Texas, Arizona, VillageMD, Houston, Atlanta, Phoenix, Shields

☆ Republicans to grill James Biden behind closed doors in critical interview as GOP looks for lifeline in impeachment probe
▼ + stars: | 2024-02-21 | by ( Annie Grayer | ) edition.cnn.com time to read: +11 min

Hunter Biden is expected to show for his closed-door interview next week, after intense deliberations that almost collapsed. The first check Republicans revealed went to Joe Biden in 2018 for $200,000 from James Biden and James’ wife Sara Biden. What other Biden family business associates have saidBeyond Fox and Langston, Republicans have recently interviewed a number of key Biden family business associates. Walker also attended a 2017 business meeting with Hunter Biden and Chinese business associates, where Joe Biden made an appearance. Another longtime Biden family business associate, Eric Schwerin, performed administrative and bookkeeping tasks for then-Vice President Joe Biden from 2009 to 2017.

Persons: Joe Biden, Hunter, James, Wednesday, Biden, Hunter Biden, Mike Johnson, —, David Weiss, Hunter Biden’s, Alexander Smirnov, Robert Hur’s, Biden’s, James Biden, James ’, Sara Biden, ”, James Comer, Comer, Carol Fox, ‘ Biden, ’, Fox, James Biden’s, Joseph Langston, Langston, “, “ Jimmy Biden, ” Langston, Rob Walker, Walker, Biden —, ” Walker, ‘, ’ ”, Eric Schwerin, ” Schwerin, Mervyn Yan, Kevin Morris, Tony Bobulinski, Georges Bergès, White, Bergès, ” Bergès Organizations: Republicans, GOP, CNN, FBI, Burisma Holdings, undercutting, White, Democratic, Banking, Republican, Biden, Kentucky Republican, Fox, Langston, “, White House Locations: South Korea, Washington ,, China, Kentucky, Americore, Romania, American

☆ CEO quit his 6-figure job at Microsoft—and landed a $300,000 'Shark Tank' offer for his new startup
▼ + stars: | 2024-02-20 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

A self-proclaimed "serial plant killer" went on ABC's "Shark Tank" — and came away with a $300,000 offer for his houseplant health company Flora. Flora was founded in 2022 by Aabesh De, a former Microsoft employee who quit his "cushy" six-figure job to build a soil meter and accompanying app that alerts people about the health of their houseplants. "My dear mother gave me her prized rose bush plant that she had for years," De, 29, said on the show. "I would never go for a subscription model after buying [the soil meter]," she said. "I think you're smart as hell, and I like to invest in people who are smart as hell," Greiner said.

Persons: Aabesh De, De, we've, weren't, Robert Herjavec, Mark Cuban, Kevin O'Leary, O'Leary, Barbara Corcoran, Lori Greiner, Greiner, You've Organizations: Microsoft, CNBC Locations: Flora

☆ Strong earnings and an online advertising play by Walmart have us wondering about Costco
▼ + stars: | 2024-02-20 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Sectors leading: Consumer staples were outperforming, led by Dow stock Walmart 's 3.5% gain. Jim Cramer said, "Walmart has tried to keep prices down, but Costco is lowering across the board. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. 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, Jim, Jensen Huang, Eaton, Bausch, Jim Cramer's Organizations: CNBC, Dow, Walmart, Costco, Semiconductor, Computer, Nvidia, Caterpillar, Palo Alto Networks, Realty, Bausch Health Companies, Jim Cramer's Charitable Locations: We're, homebuilding, BLCO

☆ Jim Cramer's week ahead: Earnings from Shopify, Marriott and Wendy's
▼ + stars: | 2024-02-09 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Friday prepared investors for next week on Wall Street, saying investors should pay attention as earnings season continues, with reports from companies including Shopify , Marriott and Wendy's . He also recommended researching retail stocks next week before the industry reports a slew of earnings results the week after. "Next week seems busy, but, you know what, it's a classic interregnum — Google that — before we get to retail earnings," Cramer said. On Monday, Cramer said he'll be waiting for earnings reports from two "scorchers," cloud networking outfit Arista Networks and Cadence Design Systems , which provides software for artificial intelligence hardware. Shopify reports on Tuesday, and Cramer said he's optimistic because online shopping seems to be booming.

Persons: CNBC's Jim Cramer, Cramer, he'll, it's, he's, Kraft Heinz, He'll Organizations: Shopify, Marriott, Google, Arista Networks, Cadence Design Systems, Howmet, Cisco, Splunk, Trade, Costco, Walmart Locations: Wendy's

☆ The job market for startups and Big Tech is in a weird spot
▼ + stars: | 2024-02-07 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

The big storyCareer makersInflection AI, Maven, Forage, The GrandWhich startup would you recommend a friend or family member should work at? That was the prompt for Business Insider's VC and startups team as it compiled a list of early-stage companies to bet your career on . The list doesn't have specific parameters, Leena Rao, the deputy editor of BI's VC and startups team, told me. With so much money pouring into AI startups, founders' attention will naturally be drawn to the tech when thinking about their next project. Meanwhile, the volatility among startups comes at a time of broader instability for the tech industry.

Persons: —, Elon Musk, Taylor Swift, Leena Rao, Maven, Alyssa Powell, Ben Bergman, there's, Moody's, Paul Tudor Jones, We've, Jenny Chang, Rodriguez, OpenAI, Samantha Stokes, Andrea Chronopoulos, Bob Iger, Lachlan Murdoch, David Zaslav, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Business, Service, Business Insider's, Big Tech, Meta, Flagstar Bank, Facebook, YouTube, Google, BI, ESPN, Warner Bros, Fox, Walt Disney Company Locations: NYCB, New York, London

☆ Elanco's $1.3 billion deal may give the animal health company more flexibility as product launches ramp up
▼ + stars: | 2024-02-06 | by ( Christina Cheddar Berk | In | ) www.cnbc.com time to read: +6 min

Elanco Animal Health's decision to sell its aqua division will narrow its focus on pet health and livestock sustainability, as management prepares to launch several new products this year. ELAN 1Y mountain Elanco stock over the past year. One area it identified is pet health, a $15 billion market that has benefited from increasing pet ownership, especially among people who see their pets as family and value their animals' health care. 'Flexibility' to invest behind launches The product launches will also give Elanco a chance to prove itself. The pet health business is very competitive and, once approved, Zenrelia will compete directly with rival Zoetis' Apoquel.

Persons: Elanco, Jeff Simmons, Simmons, Credelio, Cornell University's Richard P, FactSet, Chris Schott, ELAN, Schott, Jefferies, Glen Santangelo, Eli Lilly, Jasper Hellweg, Hellweg, Zenrelia, Zoetis, — CNBC's Michael Bloom Organizations: Merck, CNBC, ELAN, Riney Canine Health, JPMorgan, Argus Locations: U.S

☆ The Key Issues for Business in a Likely Trump-Biden Rematch
▼ + stars: | 2024-01-27 | by ( Sarah Kessler | Vivienne Walt | ) www.nytimes.com time to read: +1 min

After beating Nikki Haley in New Hampshire on Tuesday, Donald Trump reaffirmed his position as the leading candidate to win the Republican nomination. That has business leaders facing the possibility of another Trump presidency, and their investors trying to figure out what it could mean for their bottom lines. During Blackstone’s quarterly earnings call on Thursday, an analyst wanted to know if uncertainty over who would win a likely Biden-Trump matchup could freeze deal flow. (“At the end of the day, do you think he’s going to be more interested in attacking the A.C.A. or something else?” he said of a potential Trump presidency.

Persons: Nikki Haley, Donald Trump, Trump, ”, Jonathan Gray, Ralph Andretta, Jeff Arnold, “, Lori Esposito Murray Organizations: Republican, Biden, Trump, Economic Development, Conference Board Locations: New Hampshire

☆ The American Dream is 'rapidly diminishing,' Walgreens boss says in plea to raise taxes for the wealthy
▼ + stars: | 2024-01-17 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Walgreens Boots Alliance's executive vice president, John Driscoll, penned a letter asking lawmakers in the US and abroad to tax the wealthy. Driscoll echoed the pleas of entrepreneurs, an heiress, and activists in his demand to save the "rapidly diminishing American Dream." Advertisement"In this spirit, I call on national and international lawmakers to do whatever it takes to tax wealthy people like me," Driscoll wrote. "I agree that we should make elaborate tax-avoidance schemes illegal, but acting upon that would upset a lot of donors, so we will see words, but no action," Musk wrote in June. In his tax letter, Driscoll cited a report from the Economic Policy Institute that CEOs made 399 times as much as a typical employee in 2021.

Persons: —, John Driscoll, Driscoll, Switzerland that's, Daniel Werfel, Elon Musk —, Joe Biden, Musk Organizations: Service, Walgreens Boots, Business, IRS, Analysts, EU Tax Observatory, Economic Policy Institute Locations: Davos, Switzerland

☆ 16 VCs that are funding the future of entertainment by backing generative AI and other disruptive tech
▼ + stars: | 2024-01-12 | by ( Lucia Moses | ) www.businessinsider.com time to read: +17 min

AdvertisementAfter a period of "wild west" investing in AI, Blank believes activity will favor AI companies that respect artists' consent and compensation. It recently co-led a $1 million seed round in Conduiit, which centralizes entertainment companies' production finance operations. Endeavor Venture InvestmentsEndeavor Venture Investments is the venture arm of entertainment and sports behemoth Endeavor. SWaN & LegendThe Virginia-based VC firm has a broad consumer portfolio that includes a number of entertainment investments. With Hollywood in contraction, SWaN has largely hit pause on new entertainment investments to get its portfolio companies on a strong footing.

Persons: Michael Blank, Blank, Jon Miller, Miller, Slack, Garnet Heraman, BDMI, Urs Cete, Michael, TMRW, Tiger Woods, Rory McIlroy, Elysian Park Ventures Jay Adya, Grant Lamos, Tom Brady, Gotham Chopra, Michael Strahan, Jay Adya, Morgan, Kushaan Ahuja, Drew Glover, Glover, Alex Harris, they've, Noah Doyle, Payback India, Jed Katz, Rich Greenfield, Rich, Ilya Pozin, Jamie Seltzer, LightShed, Steve Cohen's, it's, Sri Chandrasekar, Tripp Shriner, Ishan Sinha, That's, Wondery, Ian Doody, Raine, Gordon Rubenstein, Joe Ravitch, Jeff Sine, ‐, Fred Schaufeld, SWaN, that's, Oscar, Jose, Schaufeld, Sam Wick, Alex J, Investcorp, Paul Yoo, Edgar Bronfman Jr, Daniel Leff, Waverley, Leff Organizations: Service, Creative Artists, Connect Ventures, Business, Hollywood, Veteran, TPG, Integrated Media Co, Advancit, CAA, Bertelsmann, Waverley, Octopus Ventures, Accel, Facebook, Venture, Aperture Venture, Bertelsmann Digital Media Investments, Fremantle, Connect, CAA Connect Ventures, New Enterprises Associates, TMRW Sports, Disney, Universal, Elysian Park Ventures, Elysian, Sports, Endeavor Venture, Endeavor Venture Investments, behemoth Endeavor, Dapper Labs, Fiat Ventures, Fiat Ventures Fiat Ventures, Fiat, Payback, Rent, LightShed, Rich Greenfield Influential, LightShed Ventures, Pluto, Apple, Octopus Ventures Octopus Ventures, Investments, Corp, Etsy, Re, Point72 Ventures New York Mets, Range Media Partners, Point72 Ventures, Sri, Powerhouse, Athletic, The New York Times Co, Evolution Media, Creative Artists Agency, Astro, Rave Digital Media, Accel Entertainment, Jose Andrés Media, Berliner, UTA Talent, UTA, UTA Ventures, Ventures, VR, Amazon, PFL Locations: blockchain, —, Conduiit, fintech, London, Australia, Papercup, Los Angeles, Virginia, UTA.VC

☆ Walgreens is following Mark Cuban's blueprint as it embarks on a big strategy shift for prescription drugs
▼ + stars: | 2024-01-05 | by ( ) www.businessinsider.com time to read: +5 min

Pharmacies are changing how they get paid, and Walgreens wants a piece of the action. It's a departure from the traditional, complicated way drugs are paid for, and proponents say it could make drug pricing more transparent and predictable. It's not a given patients will pay less for drugs at the pharmacy counter under this kind of model. These companies are taking cues from Mark Cuban's Cost Plus Drugs, which is starting to gain traction in the market. The big question is whether Walgreens can compete with CVS and other pharmacies in delivering those extra pharmacy and healthcare services.

Persons: Tim Wentworth, Mark, Wentworth, Borja, Hojas, they're, Caremark, Brian Tanquilut, Tanquilut, CVS, Cigna, Mark Cuban's, It's, Rosalind Brewer Organizations: Walgreens, Business, CVS Health, Getty, CVS, Jefferies, Health Locations: California

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