The recent approval of Wegovy for heart health has opened up new possibilities for more than 3 million people with Medicare. However, despite this positive development, some eligible beneficiaries may still face out-of-pocket costs for this highly popular and expensive drug. It has been reported that certain Medicare prescription drug plans may even delay coverage
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PepsiCo recently released its quarterly earnings report, which exceeded analysts’ expectations, showcasing strong financial performance. The company reported a quarterly revenue of $18.25 billion, surpassing the expected $18.07 billion. Earnings per share were also higher than anticipated at $1.61 adjusted, compared to the expected $1.52. Despite these positive figures, PepsiCo’s stock experienced a slight decline
Real estate in today’s market is experiencing a stark division between the luxury sector and the rest of the market. While overall real estate sales have fallen by 4% nationwide, luxury real estate sales have seen an increase of more than 2% in the first quarter of the year. This surge marks the best year-over-year
A significant event took place in Chattanooga, Tennessee, as Volkswagen workers voted overwhelmingly to join the United Auto Workers (UAW). This marks a major milestone for the union as it succeeds in its first organizing drive of an automaker outside of Detroit’s Big Three. The union organizing passed with an impressive 73% of the vote
Lululemon recently announced its plans to shut down its distribution center in Sumner, Washington, and lay off 128 employees. This decision comes after the company opened a massive new warehouse outside of Los Angeles. The athletic apparel retailer filed a WARN notice with the state’s Employment Security Department, informing them of their intention to close
Netflix recently announced that it will no longer provide quarterly membership numbers or average revenue per user starting next year. This decision comes as a significant shift from their previous reporting practices and has raised eyebrows among investors and analysts. The company stated that it will now focus on revenue, operating margin, and engagement as
The aviation industry has been facing a wave of safety issues in recent times, causing public concern and regulatory scrutiny. Despite these challenges, airline executives are reporting a strong demand for flights. United Airlines’ Chief Commercial Officer, Andrew Nocella, highlighted that the airline is set to carry record numbers of travelers this summer. Delta Air
A recent joint statement by Republican governors in six states highlighted their concerns regarding the United Auto Workers’ (UAW) push to organize automotive factories in the South. The governors of Alabama, Georgia, Mississippi, South Carolina, Tennessee, and Texas expressed apprehension about the potential consequences of unionization, suggesting it could result in layoffs and diminish future
Boeing has recently come under intense scrutiny after allegations by one of its engineers, Sam Salehpour, who claimed that the company took shortcuts in the production of its 787 Dreamliner and 777 aircraft. Salehpour mentioned that the company’s production process put excessive stress on airplane joints, potentially reducing the lifespan of the planes. However, Boeing
The shift towards all-electric vehicles has been a slow process for U.S. consumers, but one state that has stood out for its rapid adoption of EVs is Hawaii. According to recent data from J.D. Power, Hawaii ranks fifth in overall EV adoption at 11.9% of new retail vehicles sold through February this year. Additionally, Hawaii