Medicare's new $2,000 cap on out-of-pocket drug costs could save patients thousands, AARP says
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Oil major BP to cut thousands of jobs in cost-saving drive
British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-cutting drive.CNBC - 1h -
Patients dying in corridors at overwhelmed hospitals, say nurses
The Royal College of Nursing details harrowing cases from more than 5,000 nurses across the UK.BBC News - 12h -
New AI tool for fighting health insurance denials could save hospitals billions, and help patients
Waystar announced a new generative AI feature that aims to help hospitals quickly fight insurance denials.CNBC - 2d -
Prices of top 25 Medicare Part D drugs have nearly doubled, AARP study finds
AARP's new research finds price growth for top Part D prescription drugs has exceeded inflation, making a case for allowing Medicare to negotiate prices.CNBC - 6d -
Weight-loss drugs like Ozempic may be up for Medicare price negotiations — will Trump support it?
Medicare’s drug pricing negotiations — the first of their kind in the United States, passed under President Joe Biden — face an uncertain future in the incoming Trump administration.NBC News - 6d -
Ketamine could be reclassified as Class A drug
Illegal use of the drug reached record levels last year, the Home Office said.BBC News - Jan. 7 -
Wounded survivor of New Orleans massacre says her mom saved her — from afar
Alexis Scott-Windham said her friends called her mom and she told them to make a tourniquet to stop the bleeding from her right foot.NBC News - Jan. 3 -
Here's what to know about Medicare's new spending cap
This year, a new spending cap on medication goes into effect for the first time for people on Medicare. CBS News medical contributor Dr. Celine Gounder explains its impact.CBS News - Jan. 2
More from CNBC
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Bank of America tops estimates on better-than-expected investment banking, interest income
The company said fourth-quarter profit jumped 47% to $6.67 billion, or 82 cents per share, from a year earlier.CNBC - 7m -
Morgan Stanley tops estimates on strong equities and fixed income trading revenue
The bank's massive wealth management business will be helped by high stock market values in the fourth quarter, which inflates the management fees it collects.CNBC - 10m -
Target says its holiday sales were better than expected — but its profits weren't
The big-box retailer's report indicates that deals and promotional events motivated shoppers.CNBC - 1h -
Biden administration launches cybersecurity executive order
With this executive order, the Biden White House is looking to boost digital security in the U.S. for the government and the private sector.CNBC - 23m -
Oil major BP to cut thousands of jobs in cost-saving drive
British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-cutting drive.CNBC - 1h
More in Business
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Bank of America tops estimates on better-than-expected investment banking, interest income
The company said fourth-quarter profit jumped 47% to $6.67 billion, or 82 cents per share, from a year earlier.CNBC - 7m -
Bank of America sees revenue rise across the board in upbeat sign for year ahead
Bank of America CEO Brian Moynihan said the bank turned in a “strong” fourth quarter, CEO says.MarketWatch - 9m -
Morgan Stanley tops estimates on strong equities and fixed income trading revenue
The bank's massive wealth management business will be helped by high stock market values in the fourth quarter, which inflates the management fees it collects.CNBC - 10m -
BP axes 4,700 jobs in cost-cutting drive
UK energy major under pressure from shareholders to turn around its performanceFinancial Times - 16m -
Is Trump’s bitcoin embrace the biggest ‘pump-and-dump’ ever?
The U.S. government buying bitcoin at inflated prices would do nothing to pay off America’s debt.MarketWatch - 21m