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Two U.S. senators have criticized a Super Bowl ad by the San Francisco-based telehealth company Hims & Hers. The ad, which promoted weight loss drugs, has sparked controversy and backlash. The senators and other critics argue that the ad risks misleading patients about the safety and efficacy of the drugs. The company is now facing […]

Russell Vought took over as acting director of the Consumer Financial Protection Bureau (CFPB) on Friday night. This development came a day after he was confirmed by the US Senate to lead the Office of Management and Budget (OMB). A person familiar with the matter told CNN that officials from Elon Musk’s Department of Government […]

Bitcoin treasury strategy is drawing increasing interest from companies. This trend reflects the growing relevance of Bitcoin for corporate treasuries. Thumzup Media Corporation, for example, has issued a shareholder letter reflecting on a transformative 2024 and an outlook for 2025. The company has also doubled its Bitcoin investment to $2 million with an additional purchase. […]

WASHINGTON, Feb 8 (Reuters) – Workers at the U.S. Consumer Finance Protection Bureau (CFPB) demonstrated outside its headquarters on Saturday, protesting Elon Musk’s assault on the agency. The union stated that Musk’s DOGE agency had improper access to the bureau’s systems, which could potentially jeopardize sensitive data. Additionally, they expressed concerns that the CFPB could […]

Marc Lore, a serial entrepreneur, has become a billionaire through a series of ventures, including Diapers.com, Jet.com, and now his latest startup, Wonder. Lore, 53, has a history of inverting old adages and taking risks, which has paid off. He and two childhood friends sold their online trading card marketplace, the Pit, for $6 million […]

Activist hedge fund Elliott has built a stake in struggling BP. The move comes as BP faces various challenges and is likely to bring increased pressure on the company to make strategic changes. — news from Financial Times

As the cost of America’s favorite breakfast food, eggs, continues to rise with little relief in sight, grocery shoppers are left scrambling to stretch their household budgets. Emily Metz, president and CEO of the American Egg Board, told CNN that the tight egg supply will continue due to bird flu. For those looking for alternatives, […]

Apple is facing pressure from the UK government to add a backdoor to iCloud, allowing access to all iPhone and iPad content backed up to iCloud, whether end-to-end encrypted or not. According to reports, Apple is not allowed to inform users about this change. EFF warns that the demand for Apple to break encryption is […]

Cracker Barrel has taken issue with competitor Waffle House over a 50-cent surcharge for each egg ordered in meals. Cracker Barrel stated, “A surcharge on eggs? Well, there’s nothing hospitable about that.” The restaurant chain is promoting its rewards program, offering double rewards points to customers who order eggs between Feb. 6 and Feb. 12. […]