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☆ Opinion: RFK Jr.’s VP pick is a missile aimed at Biden
▼ + stars: | 2024-03-26 | by ( Paul Begala | ) edition.cnn.com time to read: +5 min

CNN —Robert F. Kennedy Jr.’s independent presidential campaign can’t win, but it could swing the presidency to former President Donald Trump. RFK Jr.’s namesake father was a Democratic US attorney general and a Democratic senator from New York. So was Joe’s son, RFK Jr’s nephew, Joseph P. Kennedy III. To believe that, one must ignore that Perot, like Clinton, was a change candidate; like Clinton, he was pro-choice, and like Clinton, Perot supported campaign finance reform. But you don’t need decades of experience and reams of data to see who RFK Jr’s bid hurts.

Persons: Paul Begala, Bill Clinton’s, Clinton, Robert F, Kennedy Jr, can’t, Donald Trump, Nicole Shanahan, Kennedy, Shanahan, Sergey Brin, Hillary Clinton, Pete Buttigieg, Ro Khanna, Biden, McDonkeyface, John Francis “ Honey Fitz ” Fitzgerald, Joseph P, Franklin Delano Roosevelt, Bobby Jr, ’, John F, Edward M, Teddy, Bobby’s, RFK, Kennedy III, Kathleen Kennedy Townsend, Patrick Kennedy, Jean Kennedy Smith, Caroline Kennedy, Barack Obama’s, Bobby Kennedy Jr, Trump, Reagan, I’ve, Ross, Perot, George Bush Organizations: Democratic, CNN, RFK, Biden, Trump, RFK Jr, Google, The New York Times, Times, Boston, Securities Exchange Commission, Rhode Island, Republicans, Twitter, Facebook, Perot Locations: Northern California, California, Great Britain, New York, Massachusetts, United States, Maryland, Rhode, Ireland, Japan, Australia

☆ Khanna Explains Opposition to TikTok Bill While Senators Signal Openness
▼ + stars: | 2024-03-17 | by ( Minho Kim | ) www.nytimes.com time to read: +1 min

Representative Ro Khanna, the California Democrat representing Silicon Valley, laid out his case against a sweeping ban of the social media platform TikTok on Sunday after opposing legislation that overwhelmingly passed the House last week, saying the bill would be ineffective. The legislation passed the House, 352 to 65, on Wednesday, with Mr. Khanna among 50 Democrats, mostly from the progressive wing, who voted against it. He said the focus should be on enhancing data privacy laws rather than banning a social media platform. Those laws would also cover data brokers which are selling data to Chinese companies. This bill is not actually addressing that issue.”Those who opposed the bill also cited concerns about violating Americans’ right to free speech and hurting small-business owners who rely on TikTok for their marketing and sales.

Persons: Ro Khanna, Khanna, ” Locations: California, Silicon Valley

Minnesota, which had the most organized effort outside of Michigan, saw 1 in 5 Democratic voters mark the “uncommitted” option, a higher percentage than the 13% who voted uncommitted in Michigan. Supporters of the protest argue anger over the war could endanger Biden’s chances in swing states like Michigan against former President Donald Trump in their likely rematch. As Biden’s supporters are quick to point out, the “uncommitted” vote isn't a historical anomaly. Biden has won every state's primary contest so far and is on track to clinch the nomination this month. Minnesota voter Sarah Alfaham voted in the state's Democratic primary — as she has for many years — but opted to mark “uncommitted” on her ballot.

Persons: Joe Biden's, “, Donald Trump, Biden’s, Trump, Biden, Waleed Shahid, Lauren Hitt, ”, He’s, Hitt, Barack Obama’s, Ro Khanna, Shahid, Khanna, uncommitted, Sarah Alfaham, “ Joe Biden, Alfaham, Marcus Casillas, “ uncommitted, they've, they’ve, Asma Nizami, Minnesota's, Jesse Bedayn, Mark Vancleave Organizations: Biden, Democratic, Tuesday, Michigan, United Food, Commercial Workers, Washington, State, Associated Press Locations: LANSING, Mich, Israel, Michigan, Minnesota, Wisconsin's, Gaza, California, U.S, Colorado's, Washington, Littleton , Colorado, Bloomington , Minnesota

☆ Providing Both Bombs and Food, Biden Puts Himself in the Middle of Gaza’s War
▼ + stars: | 2024-03-08 | by ( Peter Baker | Michael Crowley | ) www.nytimes.com time to read: +1 min

From the skies over Gaza these days fall American bombs and American food pallets, delivering death and life at the same time and illustrating President Biden’s elusive effort to find balance in an unbalanced Middle East war. The United States finds itself on both sides of the war in a way, arming the Israelis while trying to care for those hurt as a result. But Mr. Biden remains opposed to cutting off munitions or leveraging them to influence the fighting. “You can’t have a policy of giving aid and giving Israel the weapons to bomb the food trucks at the same time,” Representative Ro Khanna, Democrat of California, said in an interview the day after the speech. And I think the administration needs to match the genuine empathy and moral concern that came out last night for Palestinian civilian lives with real accountability for Netanyahu and the extreme right-wing government there.”

Persons: Biden’s, Biden, Benjamin Netanyahu, Israel, Ro Khanna, Netanyahu, ” Organizations: United, ” Locations: Gaza, United States, Israel, California

☆ Opinion: These three Oscar-nominated films couldn’t be more different. Together, they represent the change we need
▼ + stars: | 2024-03-07 | by ( Opinion Noah Berlatsky | ) edition.cnn.com time to read: +7 min

All three films question male conventions and genres in ways that show exactly why we need more films by, and more nominations for, women-directed films. Les Films PelléasTriet’s “Anatomy of a Fall” is about a German novelist, Sandra (Sandra Hüller), accused of murdering her husband Samuel (Samuel Theis). Director Celine Song talks to lead actress Greta Lee on the set of "Past Lives." That doesn’t mean that women directors are less interesting or less original than male directors. Triet, Song and Gerwig have proved that women directors are uniquely positioned to question and rethink old genres, old stories and old ideas.

Persons: Noah Berlatsky, — Justine Triet’s “, Celine Song’s “, Greta Gerwig’s “, ” —, Noah Berlatsky Noah Berlatsky, it’s, Randa Haines, ”, —, Sandra Hüller, Justine Triet's, Pelléas, Sandra, Samuel, Samuel Theis, Billy Wilder’s, David Fincher’s, Triet, Nora Moon, Greta Lee, Hae Sung, Teo Yoo, Nora, Arthur, John Magaro, Celine Song, doesn’t, Gerwig, “ Barbie, “ Barbie ”, Barbie, Ken, Greta Gerwig, Margot Robbie, Jaap Buitendijk, Barbie ”, Bradley Cooper’s, Maestro ”, Christopher Nolan’s “ Oppenheimer, clichés, Alexander Payne’s “, Kelly Reichardt’s, Nida Organizations: CNN, USC, Initiative, Academy, New York Times, Everett, Warner Bros ., Warner Bros, Entertainment, ” Locations: Chicago, German, South Korea

☆ Rep. Ro Khanna on Pres. Biden's economic message: We've got to make a contrast to make the case
▼ + stars: | 2024-03-06 | 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 EmailRep. Ro Khanna on Pres. Biden's economic message: We've got to make a contrast to make the caseRep. Ro Khanna (D-Calif.) joins 'Squawk Box' to discuss the state of the 2024 race, prospect of a Biden-Trump rematch, President Biden's economic record and messaging, questions surrounding Biden's age, border security, and more.

Persons: Ro Khanna, Pres, We've, Biden's Organizations: Biden, Trump

☆ Why Meta's CTO loves 'heartbeat' emails that are 5-10 sentences long
▼ + stars: | 2024-03-06 | by ( Ana Altchek | ) www.businessinsider.com time to read: +3 min

Meta CTO Andrew Bosworth said he loves "heartbeat" emails that give a 5-10 sentence update. The Meta CTO encourages employees to ask for help and keep open communication during a project. AdvertisementIf you feel timid about asking your manager for help, Meta CTO Andrew 'Boz' Bosworth has a different way for you to frame it. The CTO said your job isn't to do it yourself — it's to get the job done and get it done competently. "Nobody wants you to be more awesome than your manager does," Bosworth said.

Persons: Andrew Bosworth, Bosworth, —, Andrew ' Boz, I'm, Lenny Rachitsky, you've Organizations: Service

☆ Biden has eight months to fix his Michigan problem
▼ + stars: | 2024-02-28 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

CNN —If the Democratic voters of Michigan – and a handful of other swing states – are feeling uncommitted in November, Joe Biden could lose reelection. Democratic primary voters in Michigan have the option to mark their ballot as “uncommitted.” In 2012, even President Barack Obama suffered 20,000 such defections. Four years later, Biden rebuilt the blue wall and carried Michigan by around 150,000 votes. Biden has dispatched campaign and White House aides to Michigan to try to explain his politics toward Israel. “The American president can’t say who he wants the prime minister of Israel to be,” Biden campaign official Mitch Landrieu told CNN as the results from Michigan rolled in.

Persons: Joe Biden, Tuesday’s, Israel –, Donald Trump, Biden, “, Barack Obama, he’d, Trump, Nikki Haley, –, Hillary Clinton, Gretchen Whitmer, Haley, Debbie Dingell, Ro Khanna, — Will, —, Benjamin Netanyahu, Netanyahu, – –, can’t, ” Biden, Mitch Landrieu, didn’t Organizations: CNN, Democratic, Republican, Michigan, White, Arab, voters, Democratic Party, Trump, South Carolina Gov, GOP, Biden, of Health, Israel, Israeli, Democrats, ” Locations: Michigan, ”, Arab, Gaza, Israel, California, Palestinian, New Orleans

☆ Hims & Hers soars 32% on rapid growth in mental health, weight loss and dermatology treatments
▼ + stars: | 2024-02-27 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +3 min

The New York Stock Exchange with a Hims & Hers Health, Inc banner is pictured as a person runs past in the Manhattan borough of New York City, New York, January 21, 2021. Hims & Hers is an online platform where patients can meet with providers and get personalized support for skincare, mental health, sexual health, weight loss and hair care. For the first quarter, Hims & Hers expects revenue growth of at least 40% from a year earlier to between $267 and $272 million. He said newer specialties like weight loss, mental health and Hers Dermatology are seeing increased adoption, and could each deliver more than $100 million in revenue in 2025. WATCH: Ro CEO on telehealth and the impact of weight loss drugs

Persons: They're, Andrew Dudum, Dudum, Jefferies Organizations: New York Stock Exchange, Revenue, Jefferies, Deutsche Bank Locations: Manhattan, New York City , New York

☆ A Biden Ally Wades Into the Divide Over Gaza and Emerges With a Warning
▼ + stars: | 2024-02-26 | by ( Anjali Huynh | ) www.nytimes.com time to read: 1 min

In the run-up to Michigan’s presidential primary on Tuesday, President Biden has stayed out of the state, where he is facing a campaign from liberal activists frustrated with his enduring support for Israel in the war in Gaza. But another Democrat jumped into the contentious debate tearing at the seams of the party’s coalition. Representative Ro Khanna of California last week assumed the unofficial role as mediator between Democrats disaffected by Mr. Biden’s Middle East policies and Biden allies like himself. He met with students, Arab American leaders and progressive voters, many of whom said they were, at least for now, withholding their support from Mr. Biden. “We cannot win Michigan with status quo policy,” Mr. Khanna, who has pushed for a cease-fire, said in an interview, adding that a shift should come in “a matter of weeks, not months.”

Persons: Biden, Representative Ro Khanna, Mr, Khanna, ” Organizations: Israel, Representative Locations: Gaza, California, Biden’s, Michigan

WASHINGTON (AP) — The Senate's border proposal was one of the toughest bipartisan bills to emerge on the issue in decades. Republicans have campaigned on border security for years, and public frustration is running high with the record number of illegal U.S. border crossings. Cruz’s likely Democratic opponent, Texas Rep. Collin Allred, said he’s already talking about the border deal on the campaign trail. Murphy agreed that Democrats should remain committed to broad immigration reforms, including pathways to citizenship for migrants who are already here. But he argued that may only be possible once Democrats first show voters they are serious about tough border enforcement.

Persons: —, Donald Trump, Chuck Schumer, “, Tom Suozzi, Schumer, New York “, Joe Biden, Biden, Sen, John Cornyn, Republicans aren’t, ”, Suzan, ” Schumer, Mike Johnson, ” Trump, He's, Republican Sen, James Lankford, Trump, Ted Cruz, Cruz, Mitch McConnell, Cruz’s, Collin Allred, he’s, ” Allred, doesn’t, Lois Clinco, “ I’m, Clinco, Connecticut Sen, Chris Murphy, Ro Khanna, ” Khanna, John F, Kennedy, Barack Obama, Todd Schulte, Murphy, Lisa Mascaro, Philip Marcelo Organizations: WASHINGTON, Republican, Republicans, Democratic, Texas Republican, Trump, Washington Democrat, Border Patrol, Democrats, Texas, Texans, New, New York City —, Rep, California Democrat, Associated Press Locations: New York, Texas, South Carolina, Long, Levittown, New York City, Connecticut, United States, California, America, Levittown , New York

☆ Analysis: The 2024 campaign gets grimmer, with Trump’s extremism on full display alongside concerns over Biden’s age
▼ + stars: | 2024-02-12 | by ( Stephen Collinson | ) edition.cnn.com time to read: +14 min

Trump is giving every impression that his second term would be even more aberrant than his first, as he vows to use presidential power to exact retribution against his enemies. While a Biden vs. Trump race would be a rematch of 2020, it would not necessarily be the same. In Trump, voters can pick an ex-president facing 91 criminal charges who has been found liable for fraud, sexual battery and defamation in court. It also offered a potential roadmap to the substance and character of his possible second term. Why the 2020 election lineup may be locked inThe renewed focus on Biden’s age is likely to open another round of speculation about whether he could be replaced on the Democratic ticket.

Persons: Joe Biden, Donald Trump, Biden, Trump, he’s, Vladimir Putin, Nikki Haley’s, crave, Robert F, Kennedy Jr, —, “ Donald Trump’s, Putin, ” Biden, Trump’s, ”, Florida GOP Sen, Marco Rubio, “ Donald Trump, ” Rubio, Charles Michel, Russia, Tucker Carlson, Manuel Balce Ceneta, Michael, He’s, Michael Haley, Nikki Haley, Arizona Sen, John McCain, Robert Hur’s, parry, Mandel Ngan, gaffes —, “, Ro Khanna, Jake Tapper, Biden’s missteps, Haley, Nancy Pelosi, he’d, Dean Phillips, Kamala Harris, Harris Organizations: CNN, Oval, Biden, Trump, NATO, White, Florida GOP, Foreign Relations, Union, European Council, GOP, ABC, Getty, ” Democratic, Democratic, Democratic Party Locations: South Carolina, Russia, NATO, Europe, miscalculations, Moscow, Ukraine, Poland, Baltic States, Florida, “ State, Russian, Conway , South Carolina, Africa, Arizona, Vietnam, Egypt, Mexico, AFP, California, reunifying

Biden’s reelection campaign has repeatedly declined to commit to joining debates with Trump, his likely opponent in the November general election. Trump, meanwhile, has feuded with the Republican National Committee and refused to join its primary debates. In 2020, he objected to the rules of the nonpartisan commission that has hosted general election debates since 1976. Lowering his voice to a whisper, Coons said: “That was bad.”He then questioned whether a general election debate this year would be worth it. “But this is ultimately a judgment call for President Biden."

Persons: — Nikki Haley, Donald Trump, Trump, Joe Biden, Biden, Biden’s, There's, Sen, Chris Coons, Chris Wallace, Coons, ” Coons, Richard Nixon, John F, Kennedy, didn’t, Frank Fahrenkopf, it's, “, ”, it’s, There’s, Ro Khanna, ” Khanna, Haley, Ron DeSantis, ” Trump, Dan Bongino, Biden “, ” Biden, He’s, Quentin Fulks, ” Fulks, Fulks, ” Sen, Mitt Romney, Barack Obama, ” Romney, President Trump, Trump's, Katie Hobbs, Kari Lake, ” Hobbs, that's, Patrick Stewart, ” Stewart, Jacob Thompson, ” ____ Gomez Licon, Jonathan J, Cooper, Darlene Superville, Jill Colvin Organizations: WASHINGTON, Republican National Committee, Biden, Trump, RNC, League of Women Voters, Commission, ”, Republican, “ Trump, Florida Gov, CNN, Arizona Gov, University of Arkansas, “, Associated Press Locations: Chris Coons of Delaware, United States, Alabama, Iowa, Utah, United States of America, Arizona, Knoxville , Tennessee, Las Vegas, Miami, Phoenix, New York

☆ Democrats flood the Sunday shows to insist Biden's mind is just fine
▼ + stars: | 2024-02-11 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

Democrats insist Joe Biden's mind is fine following Robert Hur's special counsel report. Hur declined to file charges but questioned Biden's memory in his report. The report by special counsel Robert Hur was released following his investigation into Biden's handling of classified documents. However, he described Biden's memory as "poor" at times, even bringing up details regarding the May 2015 death of his son, Beau Biden. The most difficult part about a meeting with President Biden is preparing for it, because he is sharp, intensely probing and detail oriented and focused."

Persons: Joe Biden's, Robert Hur's, Hur, Biden, —, Joe Biden, Robert Hur, Beau Biden, Ro Khanna, he's, Khanna, Jen Psaki, Biden's, Psaki, gaffes, Alejandro Mayorkas, hasn't, Mayorkas, Donald Trump Organizations: Service, Democratic, California, CNN, MSNBC, White House, NBC, Press, of Homeland, Republican Locations: …

☆ Ro, the $7 billion healthcare startup, has a high-stakes strategy to take off-brand Ozempic mainstream
▼ + stars: | 2024-02-07 | by ( ) www.businessinsider.com time to read: +11 min

The $7 billion healthcare startup Ro, which has been prescribing brand-name weight-loss shots since January 2023, now offers compounded semaglutide to patients enrolled in its weight-management program. Nonetheless, Ro is the first prominent healthcare company to effectively endorse compounded semaglutide by prescribing it. A poor-quality compounded drug might simply be a dud and a waste of money. But while compounding pharmacies are subject to FDA and state regulations, states are the main regulators, and their oversight is patchy. Michael Siluk/UCG/Universal Images Group via Getty ImagesIt's hard to know if any given vial of compounded semaglutide is safe.

Persons: Wegovy's, Ro, drugmakers, Eli Lilly's, Eli Lilly's Mounjaro, Scott Gottlieb, Michael Siluk, That's, they've, Ozempic, Eli Lilly, Eric Kastango, they're, Kastango, aren't, Al Carter, Sarah Jones Simmer, Spencer Nadolsky, WeightWatchers, Tim Church, Wondr, it's, hasn't Organizations: Business, Novo Nordisk's Wegovy, US Food and Drug Administration, FDA, Novo Nordisk's Ozempic, Getty, Novo Nordisk, USP, National Association of, Pharmacy, Health Locations: Novo, Massachusetts, Austria, New York City

☆ 'He's a non-entity': House Democrats no longer see Dean Phillips as a threat — just a joke
▼ + stars: | 2024-02-01 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +7 min

When Rep. Dean Phillips first began making noise about launching a quixotic presidential campaign, the mood among House Democrats might have best been described as anger and disbelief. Since launching his campaign, Phillips has generally been absent from Capitol Hill, effectively cutting down Democrats' ranks by one seat. AdvertisementOn Wednesday evening, Sen. Tina Smith made light of her Minnesota colleague's recent struggles in a video message to the Congressional Dinner, an annual gathering of reporters and lawmakers. At first, Phillips's campaign seemed to constitute a real threat to Biden, even if he was unlikely to actually defeat him. In a statement for this story, a Phillips spokesperson chastised his Democratic colleagues who now speak ill of him.

Persons: Dean Phillips, Sydney Kamlager, Dove, Axios, Phillips, Joe Biden, Sen, Tina Smith, Smith, Biden, Donald Trump, Maxwell Frost of Florida, — Phillips, Brendan Boyle, Alexandria Ocasio, Cortez, Dean's, Tom Williams, Angie Craig, Craig, wouldn't, Phillips's, we've, Dean, Jim Clyburn, Zach Gibson, Mark Pocan, Ro Khanna, Khanna, it's Organizations: Trump, Rep, Sydney, California congresswoman, Democratic, Capitol Hill, Biden, New, Democrats, Minnesota Democrat, Democratic Party, Twitter, South Carolina Democratic Party, California Locations: California, Minnesota, New Hampshire, Alexandria, New York, lockstep, South, Wisconsin

☆ AOC still thinks $174,000 isn't enough money for members of Congress: 'I know it's kind of a contrarian position'
▼ + stars: | 2024-01-13 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +2 min

Read previewDemocratic Rep. Alexandria Ocasio-Cortez of New York has long been vocal about the need for members of Congress to get a pay bump. "I've been saying this for some time," Ocasio-Cortez told BI this week. "We need to raise the minimum wage, we need to make childcare financially viable, and we need to do that for every American," she said. Yet polling suggests that the public largely opposes a raise for members of Congress, and plenty of lawmakers — including progressives — argue against it. Advertisement"People who make great contributions to America don't do it for the money," Democratic Rep. Ro Khanna of California told BI this week.

Persons: —, Alexandria Ocasio, Cortez, Patrick McHenry, I've, Ro Khanna Organizations: Service, North Carolina Republican, Dispatch, Business, New, Senate, Democratic, California Locations: Alexandria, Cortez of New York, New York, Washington, America

☆ A $174,000 salary isn't enough for members of Congress. In fact, they should probably give themselves a $100,000 raise.
▼ + stars: | 2024-01-12 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +12 min

With a salary of $174,000 per year, members of Congress make more than 80% of American households. Stunted salary growth and limited perksThe salaries for members of Congress haven't budged in nearly 15 years. Historically, Democrats have been more willing to push for higher pay for members of Congress, including Rep. Alexandria Ocasio-Cortez of New York. For simplicity's sake, let's put the number at $274,000 — a $100,000 raise for members of Congress. Nor is jacking up lawmakers' salaries likely to be a panacea that solves every problem in a troubled institution.

Persons: that's, —, It's, David Schweikert, we're, Daniel Schuman, reimbursements, Schuman, Patrick McHenry of, — he's, he's, Republican Sen, Mitt Romney, who've, Democratic Sen, Elizabeth Warren of, Alexandria Ocasio, Cortez, Steny Hoyer, Dan Kildee of, who's, Kildee, Sen, Elizabeth Warren, Kent Nishimura, Maxwell Frost of Florida, Deb Fischer, Nebraska, JD Vance, Ohio, Ro Khanna, Tom Williams, Chip Somodevilla, Vance, Khanna, Gregg Harper, Harper, I'm, Warren, let's Organizations: Service, DC, Arizona, Business, POPVOX, budged, Senate, Republican, Democratic, Getty, United States Senate, —, Bureau of Labor Statistics Locations: Washington, Arizona, multimillionaires, Patrick McHenry of North Carolina, Utah, Elizabeth Warren of Massachusetts, Alexandria, Cortez of New York, Cortez, Dan Kildee of Michigan, DC, Ohio, California, America, Mississippi

Tensions in the Red Sea have been increasing for weeks, culminating in air strikes from the U.S. and its allies on Houthi-controlled areas in Yemen early Friday local time. What Has Been Happening in the Red Sea? As of Thursday, the Houthis have launched 27 attacks on ships in the Red Sea and the Gulf of Aden that they claim were linked to Israel. Reactions to the Air StrikesThe Houthis vowed to keep attacking ships in the Red Sea after the airstrikes. Container shipping company Maersk CEO Vincent Clerc told the Financial Times that re-establishing safe passage through the Red Sea could take months.

Persons: Lloyd Austin, “, Joe Biden, Biden, ”, –, Yahya Saree, Nasser Kanaani, Ro Khanna, Chip Roy, Sen, Rick Scott of, Vincent Clerc Organizations: Hamas, U.S, Central Command, Air Force, Houthis, Air, Political, ”, Democrat, Republican, California, Biden, Terrorists, Trade, Container, Maersk, Financial Times, Kiel Institute Locations: U.S, Yemen, Red Sea, Iran, Israel, Austin, United States, Australia, Bahrain, Canada, Denmark, Germany, Netherlands, New Zealand, Republic of Korea, United Kingdom, Red, Sanaa, Saudi Arabia, Middle, Lebanon, Hamas, Gaza, Aden, Gulf of Aden, Brig, British, Texas, Rick Scott of Florida, Europe, Asia, South Africa

☆ Theory About the Fed, Inflation, and Rates That May Wreck the Economy
▼ + stars: | 2024-01-11 | by ( Neil Dutta | ) www.businessinsider.com time to read: +11 min

After spending the past two years trying to get inflation under control by raising interest rates, the Fed is inching toward cutting rates soon. Setting interest rates should be about weighing costs and benefits for everyone, not engineering outcomes for a favored constituency. When people (usually those with a vested political interest) try to accuse the Fed of being biased, it erodes confidence. The real reason for the accusationsThe entire conspiracy theory about a political Fed is weak on its face and baseless on its merits. What makes anyone so sure they'll fare better in 2024 with the rate of inflation slowing, interest rates falling, and stocks rising?

Persons: there's, it's, Joe Biden's, Jerome Powell, Donald Trump, Biden, It's, Trump, Ro Khanna, Powell, Taylor, Bill Dudley, Dudley, Dudley's, Chris Waller Organizations: Federal Reserve, Fed, Democratic, Trump, Biden, New York Fed Locations: Canada, Australia, Japan

☆ 3 titans will fight to dominate the market for Wegovy in 2024
▼ + stars: | 2023-12-27 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +5 min

Dozens of startups have jumped into the weight-loss market this year as weight-loss drugs, including Wegovy and Ozempic, have exploded in popularity. The few companies with enough money and brand recognition to stand up to Ozempic's distribution challenges — WeightWatchers, Noom, and Ro — can expect to compete for market dominance next year. But WeightWatchers signaled it's going all in on weight-loss drugs by launching its own behavioral program for patients on Ozempic in December. WeightWatchersLike WeightWatchers, Noom has remained staunchly in the weight-loss market since its 2008 launch. Ro launched its own program prescribing weight-loss drugs in January.

Persons: VCs, — WeightWatchers, Sari Kaganoff, WeightWatchers, it's, Sima Sistani, Noom, Ro, Zach Reitano, Kaganoff, Saeju Jeong, Sam Barnes, Aaron DeGagne Organizations: Business, Rock Health, Web, Getty, PitchBook Locations: Ozempic

☆ VCs are getting pickier about their weight-loss bets as startups rush to prescribe Ozempic
▼ + stars: | 2023-12-11 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +8 min

Read previewWith the Ozempic craze in full swing, investors are getting picky about the weight-loss startups they want to back. Kaganoff predicted that in the new year some startups prescribing GLP-1s would invest more money in studies using real-world evidence to show their programs work. And despite the Ozempic frenzy, weight-loss startups captured a tiny fraction of the money invested this year. Investors had put about $211 million toward weight-loss startups through mid-November, representing about 3% of digital-health funding over that period, according to PitchBook. Alfie HealthSome unlikely sectors of the healthcare industry stand to benefit from the growth of the weight-loss market.

Persons: —, Sari Kaganoff, Crystal Cox, Kaganoff, Ro, VCs, Michael Greeley, Alyssa Jaffee, 7wireVentures, she's, she'd, Mounjaro, Mercer, Michael Siluk, PitchBook, Alfie Health, it's, Alfie's cofounders, Aaron DeGagne, Jordan, he'd, DeGagne, There's Organizations: Service, Business, Rock Health, Flare Capital Partners, Getty, Employers, Health, Investors, Phenomix Sciences, Mayo Clinic, PitchBook, Tusk Venture Partners, Sword Health Locations: GLP

☆ Biden backers rev up write-in campaign in New Hampshire to avoid loss
▼ + stars: | 2023-11-30 | by ( Jarrett Renshaw | ) www.reuters.com time to read: +6 min

For an incumbent president, primary races -- the state-by-state competitions that nominate a political party's official presidential candidate -- are normally a perfunctory affair. Pro-Biden Democrats' volunteer-focused effort, with just a $100,000 budget, will encourage primary voters to put Biden's name on the New Hampshire ballot. Lyndon B. Johnson, then the Democratic incumbent, shunned the New Hampshire primary in 1968 due to over-confidence, only to see an insurgent campaign from Minnesota, U.S. Biden write-in organizers have largely settled on asking voters to write in "Joe Biden," but believe that other names like "President Biden" and "President Biden and Vice President Harris" satisfy a state law that says to count the vote if the reasonable intent of the voter is clear. "They're gonna use this as a way to say, look, we are good Democrats and organized this to protect President Biden," Smith said.

Persons: Joe Biden, Jonathan Ernst, Joe Biden's, Ro Khanna, Dean Phillips, Phillips, Khanna, it's, Biden, Andrew Smith, Lyndon B, Johnson, Eugene McCarthy, PHILLIPS, Marianne Williamson, Jeff Weaver, Bernie Sanders, Mickey Mouse, Harris, Dave Watters, Sanders, Elizabeth Warren, Pete Buttigieg, Barack Obama, Smith, Jarrett Renshaw, Heather Timmons, Alistair Bell Organizations: Portsmouth Port Authority, REUTERS, Biden Democrats, New, Democratic Party, Biden doesn't, The University of New, Democratic, U.S, Thomson Locations: Portsmouth, Portsmouth , New Hampshire, U.S, California, Minnesota, New Hampshire, The University of New Hampshire, Vietnam, South Carolina, United States

☆ Why Hims & Hers won't prescribe Ozempic for now in its new weight-loss program
▼ + stars: | 2023-11-27 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +2 min

When Hims & Hers launches its new weight-loss program, the digital-health company won't be joining in on the Ozempic craze, its CEO, Andrew Dudum, said. While pricey drugs like Ozempic and Wegovy have exploded in popularity this year for their potential to help people lose weight, Hims & Hers plans to offer cheaper generic medications for weight loss, at least initially. Ro's weight-loss program was fueling fast growth for the startup this year, but some patients struggled with insurance denials and delays in communication with Ro. Dudum said during the company's third-quarter earnings call that Hims & Hers expected weight management to be "an extraordinarily valuable category." Next year, in addition to launching its weight-loss program, the company plans to expand its new AI engine, which it's been beta testing in its psychiatry patients.

Persons: Andrew Dudum, Dudum, It's Organizations: Business

☆ Rep. Ro Khanna on OpenAI fallout: The board should tell us what the safety concerns were
▼ + stars: | 2023-11-27 | 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 EmailRep. Ro Khanna on OpenAI fallout: The board should tell us what the safety concerns wereRep. Ro Khanna (D-Calif.) joins 'Squawk Box' to discuss Washington's agenda for the rest of the year, latest developments in the Israel-Hamas war, AI regulation, and more.

Persons: Ro Khanna Locations: Israel

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