Brent Jabbour
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Anthem cancels controversial anesthesia policy after widespread outrage
Anthem Blue Cross Blue Shield is canceling a proposed policy change on anesthesia coverage after extensive backlash. On Nov. 1, Anthem announced they would soon cap anesthesia coverage to a certain time limit and would deny anesthesia claims that exceeded the allotted minutes. While the American Society of Anesthesiologists promptly reacted to the proposal, the… -
Biden looks to stop paying workers with disabilities less than minimum wage
The Biden administration wants to end a Depression-era policy that allows qualified employers to hire workers with disabilities at less than the federal minimum wage of $7.25. The Labor Department proposed a new rule this week to phase out the practice. These 14(c) certificates are given to employers to prevent limiting job opportunities for workers… -
Trump announces crypto-friendly Paul Atkins to head the SEC
President-elect Donald Trump picked a cryptocurrency-friendly face to chair the Securities and Exchange Commission. The move to nominate former SEC commissioner Paul Atkins would fulfill a campaign promise made to the crypto community. Atkins served as SEC commissioner under President George W. Bush. In the early 1990s, he was on the staff of two former… -
DC accuses Amazon of ‘secretly’ excluding zip codes from 2-day delivery
Amazon is accused of “secretly” excluding “historically underserved” areas of Washington, D.C., from high-speed delivery with Prime. The lawsuit brought by Attorney General Brian Schwalb alleges the e-commerce giant kept two zip codes from getting the fastest delivery service promoted with Amazon Prime while still charging those residents the full-price fee. This lawsuit claimed the… -
Delaware judge rejects Elon Musk’s Tesla pay package for second time
Elon Musk lost in court for the second time over his pay compensation. The Tesla CEO failed to convince a Delaware judge to reverse her earlier ruling, which nullified his $56 billion pay package. “A Delaware judge just overruled a supermajority of shareholders who own Tesla and who voted twice to pay @elonmusk what he’s worth.… -
Trump vows to tank $15B buyout of US Steel by Japan’s Nippon
President-elect Donald Trump doubled down on a campaign promise Monday, Dec. 2. Trump said he would block a $15 billion deal between Japan’s Nippon Steel and U.S. Steel, but its fate could be sealed before he ascends to the Oval Office. “I am totally against the once great and powerful U.S. Steel being bought by… -
What do you mean Enron is ‘back’? Parody post confuses the internet
Twenty-three years to the day after filing for bankruptcy, energy company Enron claimed to be “back” in a cryptic X post on Monday, Dec. 2. Enron became infamous for an accounting fraud scandal that cost shareholders tens of billions of dollars and lost thousands of employees their hard-earned pensions. “In the modern world you must… -
Intel CEO Pat Gelsinger abruptly retires amid chipmaker’s bad year
Intel Chief Executive Officer Pat Gelsinger retired effective Dec. 1, the chipmaker announced the morning of Monday, Dec. 2. The hole filled by Gelsinger’s abrupt exit will be filled by internal interim co-CEOs, current Chief Financial Officer David Zinsner and Intel products CEO MJ Holthaus. Gelsinger started with Intel in 1979. He was the tech… -
The retailers vying to win this year’s shortened holiday shopping season
The holiday shopping season officially kicked off on Black Friday, but this year, holiday sales are expected to grow at the slowest pace since 2018. While inflation has significantly slowed, compounded inflation over the years has families thinking twice about big purchases or multiple smaller purchases. The National Retail Federation (NRF) still projects Americans will spend… -
Trump taps Jamieson Greer for USTR to push ambitious tariff policies
President-elect Donald Trump made a cabinet pick Tuesday, Nov. 26, that will play a crucial role in his second administration. Trump announced trade attorney Jamieson Greer will be his U.S. trade representative, overseeing the policy central to his campaign. Greer served as an Air Force lawyer and eventually transitioned to trade. He is a protégé… -
Intel secures $7.9B in CHIPS Act funding as Biden runs out of time
The Biden administration finalized $7.86 billion in funding to Intel. The investment is part of the $39 billion in subsidies set aside to bolster manufacturing as part of the massive CHIPS and Science Act. President Joe Biden announced the award in Arizona in March as he addressed the impact of the CHIPS Act. “We will… -
Trump’s proposed tariffs could violate his own trade deal with Canada and Mexico
Experts say President-elect Donald Trump’s vow to put 25% tariffs on Mexico and Canada violates the trade agreement he negotiated during his first term. The U.S.-Mexico-Canada Agreement, or USMCA for short, fulfilled Trump’s 2015 campaign promise to terminate and replace NAFTA, America’s longstanding free-trade agreement with its neighbors. Trump announced in a Truth Social post… -
Former Democratic donor and Soros partner is Trump’s pick for Treasury
Elon Musk criticized him as the “business-as-usual choice” for Treasury, but markets are cheering on routine. President-elect Donald Trump announced Scott Bessent is his pick for Treasury secretary, ending an internal battle over the top economic post that some described as a knife fight. But there’s a bullet point in Bessent’s resume that has rubbed some…
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Odell Beckham Jr., Druski respond after being named in lawsuit against Diddy
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California audits expose homelessness funding issues
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CDC to launch study on potential link between vaccines and autism: Report
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SCOTUS will not hear climate change case involving almost half of U.S. states
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Secretary of State Rubio officially cancels 83% of USAID programs
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