UnitedHealth and CVS Received Millions in Opioid Rebates Through Medicare
As the U.S. opioid crisis deepened, Medicare plans administered by UnitedHealth and CVS Health were a top source of OxyContin sales, a Barron's investigation found.
Holiday Sales Reveal a Split in Consumer Spending
Gains were driven by households earning $100,000 or more, while retailers and brands experienced a pullback by lower-income shoppers.
Some Japan Airlines Flights Canceled, Delayed After Cyberattack
The company said it identified the cause of the failure and that its systems had been recovered.
Trump's Tariff Plan to Hit Affordable Cars the Hardest
The U.S. car industry has a "big case of anxiety" about the president-elect's proposed 25% tariff on imports from Mexico and Canada.
Microsoft Is Forcing Its AI Assistant on People-and Making Them Pay
The tech company has made Copilot part of its 365 subscription service in several markets and raised prices.
E-mart, Alibaba Plan Online-Shopping Joint Venture
Alibaba and E-mart will combine the assets of their separate e-commerce platforms, AliExpress Korea and Gmarket, to form a 50-50 joint venture.
Taiwan Blocks Uber's $950 Million Takeover of Local Foodpanda Business
Taiwan has blocked Uber Technologies' planned takeover on anticompetition concerns, thwarting the U.S. company's efforts to expand in Asia.
Sekisui Chemical to Mass-Produce Solar Films in $2 Billion Project
The Japanese chemical company announced Thursday that it will establish a subsidiary in January to produce perovskite solar cells, which are light and flexible.
The Bank Behind the Fintech Revolution Stumbles After Customer Funds Go Missing
Evolve Bank at its peak managed around $10 billion for financial technology firms, but it is in turmoil following the collapse of middleman Synapse.
Court Orders Recall of Signify Products for Infringing Seoul Semiconductor Patents
A German court has ruled that certain products made by Signify must be recalled and destroyed for allegedly infringing on patents of South Korean light-emitting-diode maker Seoul Semiconductor.
(END) Dow Jones Newswires
December 26, 2024 17:00 ET (22:00 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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