In a significant legal showdown, CVS Caremark, Express Scripts, and Optum Rx are pushing back against the Federal Trade Commission (FTC) following a lawsuit that accused these major pharmacy benefit managers (PBMs) of engaging in anticompetitive practices related to insulin pricing. Filing their countersuit in November, the PBMs have positioned themselves as plaintiffs, questioning the…
Author: Yukiko Yamaguchi
Yukiko is a contributor at several publications and her writing interests are in the area of business and technology. She has 2 years plus of experience in social media marketing and content creation. During her free time, she likes to enjoy a good meal, have quiet walks in the garden and listen to Jazz music.
Financial Market: 8 December 2024
Accompanying the job growth, hourly wages also saw an encouraging rise, climbing by 0.4% from October to November, and reflecting a 4% increase from the previous year. These figures are slightly above analysts’ expectations and suggest that the labor market may be maintaining a solid footing. Nevertheless, Julia Pollak, chief economist at ZipRecruiter, offered a…
The Irony of Boycotts: Brian Armstrong’s Stand Against Milbank
In a bold and controversial move, Coinbase CEO Brian Armstrong took to X yesterday, declaring his intent to boycott Milbank. This decision stems from the firm’s recent hiring of Gurbir Grewal, the former SEC enforcement chief, as a partner in its New York office. While concerns regarding the revolving door between regulatory watchdogs and the…
Panerai Unveils The Luminor GMT Power Reserve Ceramica During Miami Design Week
If you’ve been keeping your ear to the ground, you’ll know that Miami Design Week is in full swing, and it’s buzzing with exciting vibes and creative innovation. Among the many highlights of this glamorous event, Panerai has just dropped a piece that’s making quite the splash: the Luminor GMT Power Reserve Ceramica PAM01674. Trust…
Financial Markets: 4 December 2024
One of the most significant moves has been BlackRock’s acquisition of HPS for $12 billion, a strategic maneuver aimed at reinforcing its position within the private credit market. This acquisition is BlackRock’s third substantial deal this year and reflects a trend toward deeper investments in alternative assets. With HPS under its umbrella, BlackRock has ascended…
Love, Laughter, and Literary Legends: Get Ready for “Young Werther”!
Get your calendars marked, because a delightful dose of romance and comedy is on the way! Lionsgate is set to release the much-anticipated film “Young Werther,” hitting theaters, on demand, and digital platforms on December 13, 2024! This is not just any film; it’s a fresh, whimsical adaptation of Goethe’s classic novel The Sorrows of…
Embrace The Wild With The New Cartier Trinity Novelties
Get ready to unleash your wild side because this week, right in the vibrant heart of Miami, we’re diving into the extravagant world of Cartier with their stunning new Trinity Novelties, featured in our exclusive editorial, “Animal Instincts.” If you’ve ever dreamed of wearing jewelry that captures the raw beauty of nature while exuding elegance,…
Financial Markets: 28 November 2024
The economic narrative in the United States is set to take another fascinating turn as the 2024 presidential election approaches. Former President Donald Trump has once again signaled a robust approach to trade policies, particularly tariffs, asserting his control over the nation’s economic agenda. This forthcoming election could be starkly different from his first term,…
Financial Markets: 27 November 2024
In Italy, Banco BPM has firmly rebuffed UniCredit’s substantial bid exceeding $10 billion, asserting that the offer does not accurately reflect its current profitability or future growth potential. The bid, which represents a 7.6% discount on Banco BPM’s share price following a notable uptick, raises concerns about the uncertainty the merger proposal introduces. Banco BPM’s…
The intersection of art and horology
When you think of luxury timepieces, your mind might drift to an image of sleek metal, intricate gears, and the soft tick-tock of time passing. But what if I told you there’s a world where those exquisite watch faces are adorned with the vibrant strokes of contemporary artists? That’s right—luxury watches have stepped into the…
The Business Global Magazine 