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☆ How companies should prepare for a possible US default
▼ + stars: | 2023-05-22 | by ( Danielle Wiener-Bronner | ) edition.cnn.com time to read: +6 min

“Companies need to have a plan.”Figure out exposure to government fundsSome companies may not be immediately impacted by a default. White recommends companies in those industries, especially, hold regular meetings to figure out a plan in case payments are delayed. JPMorgan Chase CEO Jamie Dimon told Bloomberg earlier this month that the bank was holding weekly meetings to prepare for a possible default. But until then, companies “need to know, can we last until that point? Companies should also be as efficient as possible so they’re not spending more than they need to, she said.

☆ 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.

☆ Her son said his stepdad was sexually abusive. A judge gave the stepdad custody anyway. Then she found the photographs.
▼ + stars: | 2023-05-18 | by ( Olivia Gentile | ) www.businessinsider.com time to read: +58 min

Robert confronted Winenger with the allegations that November, and within weeks Winenger denied the claims in family court. In a family court hearing in Vista, California, on October 28, 2021, Commissioner Patti Ratekin chastised Jill Montes for allegedly alienating her kids from her ex-husband. From a list provided by the Delaware Family Court, Kelly chose a psychologist, William Northey. Their father cited the report in asking a Delaware family court judge to order the boys to change schools. Family Court of the State of Delaware, New Castle CountyCiting the email and a subsequent report, Michael pressed Ostroski to order the transfer.

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☆ Vanderbilt’s Bold Stand for ‘Neutrality’
▼ + stars: | 2023-05-16 | by ( Lamar Alexander | ) www.wsj.com time to read: 1 min

Journal Editorial Report: Evanston, Ill., tries to dilute advance-placement qualifications. Images: Taylor Glascock for The Wall Street JournalMaryville, Tenn. When the Supreme Court overruled Roe v. Wade, the University of California’s president denounced the decision as “antithetical” to UC’s values. Vanderbilt University’s new chancellor took a different approach. Daniel Diermeier , who was appointed in 2020, reaffirmed Vanderbilt’s commitment to “principled neutrality,” in which the college and its leadership refrain from taking positions on controversial issues that don’t directly relate to the function of the university.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCrypto prices rise, and Coinbase shares soar after Q1 earnings beat expectations: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Vanderbilt Law School Professor Yesha Yadav discusses her research on stablecoins and CBDCs as well as regulation by enforcement.

☆ Vanderbilt Law Professor Yesha Yadav breaks down new research on stablecoins and CBDCs
▼ + stars: | 2023-05-05 | by ( Talia Kaplan | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVanderbilt Law Professor Yesha Yadav breaks down new research on stablecoins and CBDCsProfessor Yesha Yadav of Vanderbilt Law School discusses her recent research papers on stablecoins and CBDCs as well as regulation by enforcement with CNBC Crypto World.

☆ Who Won, and Who Lost, in the 2023 N.F.L. Draft
▼ + stars: | 2023-04-29 | by ( Mike Tanier | ) www.nytimes.com time to read: +1 min

The Detroit Lions’ coach, Dan Campbell, displayed his rugged individualism. And the Green Bay Packers, playing the role of a merry divorcé post-Aaron Rodgers trade, dallied with new playmakers. draft provided an opportunity for some of the league’s most fascinating decision makers and franchises to truly express themselves. Eagles, ReloadedThe Eagles should not be able to do the things they do. A team that won 14 games and reached the Super Bowl last season should not have a top 10 pick in the next draft.

☆ The UK blocked Microsoft's Activision deal. Here's what it means for U.S. regulators
▼ + stars: | 2023-04-27 | by ( Lauren Feiner | ) www.cnbc.com time to read: +3 min

The U.K. Competition and Markets Authority's decision to block Microsoft's proposed acquisition of "Call of Duty" maker Activision means the U.S. does not need to stand alone in its challenge of the massive $69 billion deal. In the latest hurdle for the deal, the CMA argued the acquisition threatens to hurt competition in the nascent cloud gaming market. But it did not challenge potential competition concerns in console gaming, after saying last month that evidence from industry participants convinced the agency that the transaction wouldn't harm competition in that particular market. The FTC claimed the proposed acquisition would likely reduce competition or create monopolies in markets for gaming subscription services, cloud gaming and high-performance consoles. WATCH: Microsoft-Activision deal collapse a 'discouraging' move for Big Tech, says former FTC commissioner

☆ Disney's lawsuit against Gov. Ron DeSantis has teeth, legal experts say
▼ + stars: | 2023-04-27 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +6 min

Disney's lawsuit accused Florida officials of infringing on its constitutional rights. Ron DeSantis culminated in a stunning lawsuit on Wednesday, where the entertainment giant said state officials retaliated against it, citing a lawmaker who said "You kick the hornet's nest, things come up." Schultz said Disney could even seek in the lawsuit to depose DeSantis, who is widely expected to run for president. It targets The Walt Disney Company." The position articulated by state officials — including that the bill's focus extends beyond Disney — shows Disney will likely keep drawing on more pointed material to support its retaliation claims, said Schutz.

☆ Take a look inside the largest house in the US — a Vanderbilt's 130-year-old private mansion with 35 bedrooms, 43 bathrooms, and 65 fireplaces
▼ + stars: | 2023-04-26 | by ( Libertina Brandt | ) www.businessinsider.com time to read: +2 min

According to the property's website, the Biltmore House was built in the late 1800s by George Vanderbilt and features 35 bedrooms, 43 bathrooms, and 65 fireplaces. George Vanderbilt, a prominent businessman from the late 19th and early 20th century, began constructing the Biltmore House in 1889. Vanderbilt opened the Biltmore House in 1895. The Biltmore Estate, which now spans a total of 8,000 acres, is covered with gardens designed by American landscape architect Frederick Law Olmsted. The main house, America's largest, includes 35 bedrooms, 43 bathrooms, and 65 fireplaces.

☆ Tucker Carlson's next move
▼ + stars: | 2023-04-26 | by ( Aaron Short | ) www.businessinsider.com time to read: +9 min

Tucker Carlson's dismissal signals a new realignment in conservative media. Nobody at Fox "was as connected to the MAGA base as Tucker Carlson," one ex-Trump official said. Whatever the reason, Carlson's dismissal signals a new realignment in conservative media. Last month, Tucker Carlson Tonight was the top-rated program among all news channels with 3.25 million viewers including 421,000 viewers in the coveted age 25-54 demographic. His previous work includes the 2022 profile of Carlson, The Tucker Carlson Origin Story.

☆ People Can't Get Ozempic, New Weight-Loss Drugs Because of Broken Healthcare System
▼ + stars: | 2023-04-13 | by ( ) www.businessinsider.com time to read: +15 min

Wegovy is just one of a wave of revolutionary weight-loss drugs, which also includes the buzzy Ozempic, that represents a watershed moment for obesity treatment. Demand for weight-loss drugs is surgingDoctors and healthcare professionals searched for a healthy, safe, and effective weight-loss solution for years before the drugs, known collectively as GLP-1 agonists, exploded on the scene. If there is one key that could unlock access to expensive weight-loss drugs for Americans, it's Medicare. Expanding coverage for Ozempic and other weight-loss drugs for just a small segment of the population could cost Medicare up to $26.8 billion a year. Patients lose outYears from now, patients may have an easier time getting their hands on weight-loss drugs.

Solari wasn't the only American to veer wildly between frugality and all-out spending sprees during the pandemic. In particular, younger people — Gen Z and millennials — have seen the early parts of their careers and critical years of their financial lives defined by the shifting sands of the pandemic economy. The strange pandemic-savings paradoxThe pandemic recession did not actually mean people had no money. The Fed found that the top quartile of earners added nearly $1.5 trillion to their savings through spending reductions, even as the pandemic consumed millennials and Gen Z's savings. If the mantra of the pandemic recession was giving everyday Americans money, the reaction is now to yank that back.

☆ Commercial real estate is struggling with rising rates and bank woes, but the cohead of a $21 billion lender said it's the best time in his more than 20 year career
▼ + stars: | 2023-04-03 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +3 min

High interest rates, office woes, and less bank funding are chilling commercial real estate. But a top commercial real estate lender said there's never been a better time for firms like his. It's a bleak time in commercial real estate, and it can be hard to find any rays of sunshine. One Bank of America analyst just warned commercial real estate presents a major risk regional banks that own a disproportionate 68% of the sector's loans. While interest rate uncertainty is clouding the commercial real estate outlook, some transactions could provide clarity to the market, de Haan said.

☆ See How Your Region Stacks Up Against the Best Labor Markets in the U.S.
▼ + stars: | 2023-04-01 | by ( Eric Morath | Tom Corrigan | ) www.wsj.com time to read: 1 min

Nashville, Tenn., was the best labor market last year among regions with at least a million people. Music City, U.S.A., and America’s recreational-vehicle capital are the country’s hottest job markets, according to The Wall Street Journal’s annual rankings of nearly 400 metro areas. The Nashville, Tenn., metro area—an entertainment hub and state capital that is home to Vanderbilt University—ranked as the best labor market in 2022, among regions with at least one million people. Nashville has benefited from Americans’ desire to move to cities in the South and the resurgence in tourism in recent years.

☆ Republicans defend Trump by attacking criminal-justice system
▼ + stars: | 2023-04-01 | by ( David Morgan | ) www.reuters.com time to read: +6 min

Critics warn that the present partisan rhetoric could shake public trust in courts by undermining the institutional legitimacy of the criminal justice system. "Undercutting the system of government is a serious matter and a threat to our future," she said in an interview. Bragg, a Democrat, on Friday warned Republican Representatives Jim Jordan, James Comer and Bryan Steil, who are leading the probe, against attacking the criminal justice system. Historians including Princeton University professor Julian Zelizer said Republican statements about Bragg and the criminal justice system follow a long-established partisan line. Nicole Hemmer, director of the Rogers Center for the American Presidency at Vanderbilt University, warned that Republican attacks on the U.S. criminal justice system could ultimately have dire consequences for courts and juries.

☆ Three children, 2 adults killed in Nashville school shooting, suspect dead
▼ + stars: | 2023-03-27 | by ( ) www.reuters.com time to read: +1 min

March 27 (Reuters) - At least three children and two adults were killed in a shooting at a private Christian school in Nashville, Tennessee, on Monday morning. Police "engaged" the suspected attacker, leaving the suspect dead, local officials said. The shooting happened at The Covenant School, where the Metropolitan Nashville Police Department said in a statement that the suspect was dead but did not specify what led to the death. Three children were pronounced dead after arriving at Monroe Carell Jr. Children's Hospital at Vanderbilt with gunshot wounds, John Howser, a hospital spokesperson, said in a statement. The Covenant School, founded in 2001, is a ministry of Covenant Presbyterian Church in Nashville with about 200 students, according to the school's website.

Discussions between the SEC and Coinbase broke down in recent weeks, with one source saying the two sides had moved "further apart." The crypto industry believes it operates in a regulatory gray area not governed by existing U.S. securities laws - and that new legislation is needed to regulate the industry. "But if necessary, we welcome the opportunity for Coinbase and the broader crypto community to get clarity in court." Prior to Gensler's arrival, the SEC engaged in targeted enforcement, but the Democratic chair has ratcheted up focus on crypto platforms themselves. "There couldn't be a more significant development for crypto markets and crypto investors," said Philip Moustakis, former SEC enforcement lawyer and partner with Seward and Kissel LLP in New York.

☆ TikTok's potential U.S. ban presents host of questions for app stores, internet companies and the government
▼ + stars: | 2023-03-17 | by ( Lauren Feiner | ) www.cnbc.com time to read: +7 min

The TikTok logo is displayed outside TikTok social media app company offices in Culver City, California, on March 16, 2023. related investing news What a potential TikTok ban could mean for Club holding Meta Platforms It's not an issue yet, as there are still some ways a TikTok ban could be avoided or accessed legally in the U.S. Should the U.S. ban TikTok, the mechanics on what happens from there get murky. And the app stores controlled by Apple and Google are the primary places for consumers to download the TikTok app. Under Chinese law, companies can be required to hand over internal information to the government for supposed national security purposes.

Although insulin list prices are high in the U.S., drugmakers typically pay substantial rebates to private insurers and government programs, resulting in lower prices for most Americans with insurance. U.S.-listed Novo Nordisk shares rose as much as 1.7% to $142.95, while Denmark-listed shares closed marginally higher on Tuesday. Eli Lilly shares were down slightly. "I think it is a relatively natural consequence of what we have seen their competitor Eli Lilly do. Eli Lilly, Sanofi and Novo Nordisk make up 90% of the U.S. market for insulin.

☆ Economists warn of costs if Medicare covers new obesity drugs
▼ + stars: | 2023-03-11 | by ( Nancy Lapid | ) www.reuters.com time to read: +3 min

March 11 (Reuters) - The cost of expanding U.S. Medicare prescription drug coverage to pay for expensive, new obesity medications could be catastrophic, health economists warned in a report published on Saturday. Big-selling diabetes drugs have been repurposed as obesity treatments after demonstrating weight loss of more than 20% in clinical trials. While they are far more effective than older drugs, lifetime use might be required to keep lost weight off. But should the bipartisan The Treat and Reduce Obesity Act get reintroduced and passed by Congress, Medicare will be compelled to cover drugs for weight loss. The Medicare health program covers more than 60 million Americans, most over age 65.

☆ ‘Scream VI’ Review: Ghostface Is Still Slashing, Now in New York
▼ + stars: | 2023-03-10 | by ( Kyle Smith | ) www.wsj.com time to read: +1 min

There is no “Scream V,” but now we have “Scream VI.” In case you’ve lost track (or lost interest), the latest self-aware slasher flick is the sequel to a “re-quel,” last year’s modestly successful “Scream.” That entry helpfully included characters who, referring to the franchise-within-the-franchise “Stab” and its successors, in effect told the audience that it was a combination of reboot and sequel (cf. What was once cleverly self-referential now comes across as nostalgia for ’90s comfort food, like the fried ice cream at Chi-Chi’s. The 1996 franchise-starter, written by “Dawson’s Creek” creator Kevin Williamson , fondly mocked the slasher-movie clichés beloved by Gen X audiences who had grown up watching “Halloween” and “Friday the 13th” on cable TV. Two generations later, however, Mr. Williamson’s meta-cinematic framing is everywhere and the tang of originality is long gone. “Scream VI” feels like a photocopy of a photocopy.

☆ NBA roundup: Red-hot Knicks outlast Celtics in double OT
▼ + stars: | 2023-03-06 | by ( ) www.reuters.com time to read: +10 min

Julius Randle added 31 points and nine rebounds for the Knicks, who also received 29 points and 11 rebounds from RJ Barrett. Jayson Tatum had 40 points, 11 rebounds and six assists for the Celtics, who have lost their last two home games. Bennedict Mathurin scored 17 points, Myles Turner added 16 and Chris Duarte had 15 for Indiana. Kelly Oubre Jr. scored 17 points for Charlotte, which dropped its third straight. Walker Kessler (17 points, 10 rebounds) and Kelly Olynyk (15 points, 10 rebounds) each had double-doubles in the loss.

☆ Biden aims billions in taxpayer money at companies' labor, supply practices
▼ + stars: | 2023-03-01 | by ( Andrea Shalal | ) www.reuters.com time to read: +6 min

"What Biden and his advisers are doing is solving problems that exist in the economy. They are pushing forward an agenda aimed at building things in America again ... and taking on corporate power," he said. A Department of Energy provision in the act requires companies to focus on workforce training, ensure diversity and engage "environmental justice" communities in planning. Key provisions on universal child care and better working conditions for child care workers were stripped out of bills last year. Julie Su, just tapped to be labor secretary, launched a campaign against "wage theft" by employers as a labor activist.

☆ FDA advisors recommend GSK's RSV vaccine for older adults, but flag potential safety risks
▼ + stars: | 2023-03-01 | by ( Spencer Kimball | ) www.cnbc.com time to read: +6 min

Ten of the FDA advisors said the safety data on GSK's vaccine was adequate, while two said it was not. The panel reached a similar conclusion in a narrow 7 to 4 vote Tuesday on Pfizer's application to clear its RSV vaccine. While the advisors erred toward recommending approval, they also raised concern over a possible link to Guillain-Barre syndrome. Both companies have asked the FDA to approve their RSV shot for adults ages 60 and older. The FDA said the cases are possibly related to either GSK's RSV vaccine or the flu shot that was administered with it.

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