Month December 2023

New weight loss drugs are out of reach for millions of older Americans because Medicare won’t pay

New obesity drugs are showing promising results in helping some people shed pounds but the injections will remain out of reach for millions of older Americans because Medicare is forbidden to cover such medications.

Stocks edge higher in muted holiday trading on Wall Street

Wall Street edged higher early Thursday as the year closes out with muted holiday trading.

Recall of nearly 5 million portable blenders underway for unsafe blades and dozens of burn injuries

BlendJet is recalling about 4.8 million of its portable blenders over laceration and fire hazards after receiving dozens of reports of injuries, federal regulators said Thursday.

LinkedIn ad revenue rockets as advertisers leave X

Career-centered social media site LinkedIn is raking in ad revenue as X’s advertising exodus continues.

South Korea’s top court orders a 3rd Japanese company to compensate workers for forced labor

South Korea’s top court on Thursday ordered a third Japanese company to compensate some of its former wartime Korean employees for forced labor, the second such ruling in a week.

U.S. sanctions money network tied to the Yemen Houthi rebels blamed for shipping vessel attacks

The U.S. on Thursday imposed sanctions on a group of money exchange services from Yemen and Turkey alleged to help provide funding to Iranian-backed Houthi rebels who have been launching attacks on commercial shipping vessels in the southern Red Sea.

Companies grew more confident about initial public offerings in 2023, raising recovery hopes

The signs of life shown by the IPO market, especially in the second half of the year, are giving analysts hope that more companies will be enticed to go public in 2024.

Slightly lower gasoline prices forecast for 2024

Years of above-average prices at the pump are projected to ease next year, saving U.S. drivers tens of billions of dollars.

Amazon Prime ads on movies, TV shows will begin in late January

If you are an Amazon Prime Video user, get ready to see ads on movies and TV shows starting next month.

‘Worst of the Woke’: Bud Light, Target, Los Angeles Dodgers ‘recognized’ for leftist kowtowing

Bud Light capped a disastrous sales-and-marketing year by taking the dubious honor of “Worst of the Woke,” an annual title bestowed on companies and institutions that exemplify “woke culture gone wild.”

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