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September 15, 2025
  • Nvidia says GAIN AI Act would restrict competition, likens it to AI Diffusion Rule
  • Exclusive-ASML becomes Mistral AI’s top shareholder after leading latest funding round, sources say
  • Google hit with $3.45 billion EU antitrust fine over adtech practices
  • Hyundai’s eVTOL startup Supernal pauses work following executive departures, TechCrunch reports
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August 15, 2024

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US expects billions in savings from Medicare drug price cuts of up to 79%

Financial Wealth Daily1 year ago8 months ago08 mins

By Patrick Wingrove and Trevor Hunnicutt WASHINGTON (Reuters) -The Biden administration said on Thursday it has negotiated down the prices of 10 top-selling prescription drugs used by Medicare by as much as 79% and hopes to save $6 billion in the first year, aiming to ease Americans’ anger about high prices ahead of elections. President…

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  • Business

Flynn Group buys 83 more Wendy’s franchises in US

Financial Wealth Daily1 year ago8 months ago03 mins

By Waylon Cunningham (Reuters) – Flynn Group, which says it is the world’s biggest franchise operator, bought 83 Wendy’s franchises in New Jersey and Pennsylvania, bringing its total to 277. The deal closed on Wednesday, according to Greg Flynn, the company’s CEO. Terms of the deal and the identity of the seller were not disclosed….

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  • Economy

U.S. 30-year fixed-rate mortgage steadies near 15-month low, Freddie Mac says

Financial Wealth Daily1 year ago8 months ago02 mins

By Makailah Gause NEW YORK (Reuters) – The average rate on the popular U.S. 30-year mortgage rate was little changed near the lowest level in over a year this week, as signs of cooling inflation have held down the Treasury bond yields used in setting home loan costs. The 30-year fixed-rate mortgage averaged 6.49% during…

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  • Business

Bank of America partners with FIFA as first-time sponsor for 2026 World Cup

Financial Wealth Daily1 year ago8 months ago02 mins

(Reuters) – Bank of America is partnering with FIFA to become a sponsor for the 2026 World Cup, soccer’s global governing body said on Thursday, in a move that will link the financial giant with one of the world’s most-watched sporting events. Sponsoring sport can be a fruitful marketing tactic for companies as it allows…

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  • Nvidia says GAIN AI Act would restrict competition, likens it to AI Diffusion Rule
  • Exclusive-ASML becomes Mistral AI’s top shareholder after leading latest funding round, sources say
  • Google hit with $3.45 billion EU antitrust fine over adtech practices
  • Hyundai’s eVTOL startup Supernal pauses work following executive departures, TechCrunch reports
  • Nvidia says GAIN AI Act would restrict competition, likens it to AI Diffusion Rule

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