First Republic Bank Bailout

First Republic Bank Bailout

First Republic Bank will be getting a $30 billion rescue package from other major banks, after two other major banks failed this week. First Republic Bank is based in San Francisco, and serves mostly venture capital-backed companies and tech startups. Before this...
Walgreens Contract with CA Aborted

Walgreens Contract with CA Aborted

Walgreens has lost a large contract with the state of California after indicating it would deny legal sales of abortion pills in red states. The issue is over sales of the drug Mifepristone, which when combined with another pill can safely end pregnancies of less than...
Eli Lilly Slicing Insulin Costs

Eli Lilly Slicing Insulin Costs

Eli Lilly will be cutting prices for older formulae of insulin later this year, and capping prices on other prescriptions for more patients. Many people with diabetes face thousands of dollars in annual costs for the insulin that keeps them alive. Before the 1992...
Smartmatic vs Fox News

Smartmatic vs Fox News

Smartmatic will go forward with their defamation lawsuit against Fox News, after a judge declined their motion for dismissal. Smartmatic is a voting technology company that, among other things, builds and maintains electronic voting systems. During the 2020...
Gold Checkmarks With a Price

Gold Checkmarks With a Price

Gold checkmarks are Twitter’s newest verification distinction, and they’ll cost $12k a year to any business that wants one. Twitter established their blue checkmarks in 2009, as a quick way for readers to know if the twitter handle they were using belonged...
HarperCollins Cutting Jobs

HarperCollins Cutting Jobs

HarperCollins Publishers announced they’ll be cutting approximately 5% of their workforce, a day before negotiations open with their striking union. The statement released Tuesday by the publishing giant cites low sales and rising costs in the industry, just as...
Galactic Starcruiser Cutting Rates

Galactic Starcruiser Cutting Rates

The Galactic Starcruiser, the expensive and immersive Star Wars hotel in Disney World Resort, is beginning to cut rates in response to poor sales. Disney Company opened the hotel in 2022. It only has 100 rooms, and guests get to eat and play with costumed actors,...
Wizards of the Coast Blunder

Wizards of the Coast Blunder

Wizards of the Coast wants to ‘tighten’ the open game license (OGL) agreement they’ve extended to fans and collaborators for twenty years, in a move wildly unpopular among their fans. The OGL, as it has stood since the early 2000s, allows users to...
Miami Heat to Rename Arena

Miami Heat to Rename Arena

The Miami Heat Arena will have a new name, following the contentious fall of cryptocurrency company FTX. FTX Trading Ltd was founded in 2019, and for a brief time in 2021 was one of the largest trading exchanges in the world by volume. They operated a crypto hedge...
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