Trump Targets Hospital Drug Markups With New Medicare Rule Promising $1.1 Billion in Savings
The Trump administration is proposing a new Medicare rule aimed at stopping hospitals from charging large markups on discounted prescription drugs, a move the White House says could save patients $1.1 billion next year. The proposal would change how hospitals are reimbursed for certain medicines purchased through the federal 340B drug discount program, which is […]
Three Firefighters Killed in Colorado Blaze Highlight the Deadly Risks of Last-Resort Fire Shelters
A wildfire along the Colorado-Utah border that killed three firefighters has become one of the deadliest U.S. fire incidents since the Yarnell Hill Fire in Arizona in 2013, drawing painful comparisons to one of the most devastating tragedies in modern wildland firefighting. Three firefighters died west of Grand Junction, Colorado, where the blaze also injured […]
Madison Avenue Goes All In on AI as Ad Giants Race to Reinvent Marketing
Madison Avenue is no longer experimenting cautiously with artificial intelligence. It is moving aggressively to make AI central to how advertising is created, targeted, bought, and measured. At this year, in Cannes Lions festival, AI was no longer treated as a side topic or futuristic concept. It has become a core business strategy for agencies, […]
Surging AI Borrowing Pushes Wall Street to Find New Investors, New Structures and New Currencies
The artificial intelligence boom is now reshaping credit markets as deeply as it has reshaped technology stocks. Banks are having to become more creative as borrowing tied to chips, cloud infrastructure and data centers surges to unprecedented levels. The reason is simple: the companies building the backbone of AI need so much money that traditional […]
Supreme Court Blocks Trump’s Attempt to Fire Fed Governor Lisa Cook
The U.S. Supreme Court rejected President Donald Trump’s effort to remove Federal Reserve Governor Lisa Cook, delivering a major ruling in defense of the central bank’s independence even as the Court expanded presidential power elsewhere the same day. The ruling was 5-4 and keeps Cook in place for now, making clear that Trump could not […]
High Court Upholds Postmark Rules for Mail Voting in Setback to Trump’s Election Push
The U.S. Supreme Court has upheld state laws allowing some mail-in ballots to be counted after Election Day, rejecting a Republican-led challenge to Mississippi’s five-day grace period and delivering a setback to President Donald Trump’s campaign against mail voting. In a 5-4 ruling, the justices overturned a lower-court decision that had found Mississippi’s law inconsistent […]
U.S. and Colossal Launch ‘BioVault’ to Preserve DNA and Living Cells of Endangered Species
A U.S. government agency and biotech company Colossal Biosciences have announced plans to build a genomic and cellular “BioVault” for every species protected under the Endangered Species Act, creating a cryogenic archive of living cells, reproductive tissues and genomic DNA from roughly 2,300 threatened and endangered animals and plants. The initiative is being launched through […]
High Court Clears Way for Trump to Strip Temporary Protections From Haitians and Syrians
The U.S. Supreme Court has allowed the Trump administration to end temporary protected status, or TPS, for migrants from Haiti and Syria, a major immigration ruling that could expose hundreds of thousands of people to deportation and deepen legal and political conflict over humanitarian protections. The Court’s ruling was 6-3, overturning lower-court orders that had […]
Senate Republicans Reverse Course on Iran War Powers After Trump’s Pressure Campaign
Senate Republicans blocked a new war powers resolution aimed at limiting President Donald Trump’s authority in the Iran conflict, a dramatic reversal that came just hours after Trump personally berated GOP senators at a closed-door Capitol meeting. The late-night vote ended 47-50-1, with Republicans defeating the measure after a nearly identical resolution had passed the […]
California Science Center Sets Opening for Endeavour’s Dramatic New Launch-Position Home
The California Science Center has announced that the new Samuel Oschin Air and Space Center will open to the public on Nov. 13, finally giving the space shuttle Endeavour its permanent home in Los Angeles after years of planning, construction, and public anticipation. The new facility is a $450 million, 200,000-square-foot expansion that will complete […]
