February 9, 2025
Two U.S. senators slammed an S.F. telehealth company’s Super Bowl ad. Here’s why
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 […]
OMB head Russell Vought takes over as CFPB as acting head, DOGE team deletes X account
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 draws interest from more and more companies
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. […]
US consumer finance watchdog workers protest Musk’s DOGE
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 […]
How This Serial Entrepreneur Became A Billionaire From Diapers, Basketball And Now Takeout
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 builds stake in struggling BP
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
Egg prices cooking your breakfast budget? Switch to these cheaper foods — with far more protein
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, […]