Business

In light of recent bipartisan efforts, lawmakers have introduced a new bill that aims to address the controversial business practices of drug supply chain middlemen. These middlemen, also known as pharmacy benefit managers (PBMs), have long been accused of inflating prescription medication prices, ultimately harming U.S. patients and pharmacies. The legislation, known as the “Pharmacists
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General Motors is expected to release its second-quarter results shortly, and analysts are predicting a positive outcome for the company. Amidst a challenging economic climate, GM is projected to maintain stable sales and vehicle prices, positioning itself as a standout among traditional Detroit automakers. Wall Street forecasts indicate earnings per share of $2.75 adjusted and
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McDonald’s has decided to extend its $5 value meal promotion beyond its initial four-week window in most of its U.S. markets. According to a memo obtained by CNBC, nearly every business unit, encompassing 93% of its restaurants, has voted to extend the offer past the original end date. The majority of locations plan to extend
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Penn Entertainment has recently announced plans to lay off approximately 100 employees as part of its focus on the growth of ESPN Bet. CEO Jay Snowden explained in an internal email that these changes are intended to enhance operational efficiencies following the company’s acquisition of theScore in 2021. Despite employing about 20,000 people, the company
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General Motors has announced some major updates to the Cadillac Escalade V-Series for the 2025 model year. These changes are designed to enhance the luxury, performance, and technology of this iconic full-size SUV. One of the most striking features of the 2025 Cadillac Escalade V-Series is the standard 55-inch diagonal display that spans the entire
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