A Major Deal in Insurance, and Uber's Ex-CEO Has a New Gig
Health insurance giant Cigna is acquiring pharmacy benefits manager Express Scripts. It's the latest company to make a move to fend off competition from Amazon, which is diving into the healthcare space.
And Travis Kalanick is launching a new venture capital firm focused on major job creation. Called "10100", the investment company will focus on real estate, e-commerce, and emerging tech in India and China.
Uber's also looking for a $1.25 billion leveraged loan on the heels of securing an investment from SoftBank. And Tesla's big rigs have hit the road, carrying batteries from the Gigafactory in Nevada to Fremont, Calif.
The dreaded Netflix crackdown on profile sharing translated into a major boost in subscribers while the promised rate cuts seem to be a far off fantasy.
After the 2021 boom, IPO activity slowed down significantly, in part due to monetary policy – but things are getting moving again with tech-friendly companies like Iboutta and Rubrik making a public debut.
With an increasing demand for mental health services, one person wanted to change the therapy game. In 2017, CEO Alex Katz founded Two Chairs, a company that uses technology to match patients with the right therapist.
Not only is April Financial Literacy Month, it’s also the kickoff of the spring homebuying season. So now is the time to make sure you have a financial plan in place – and why it might not be wise for that to include buying your first home.
While the U.S. may slowly be on the path to lowering inflation (and therefore interest rates), Europe has thoroughly trounced America, putting it on the path to lower rates by this summer.
April's release of the monthly Housing Starts and Building Permits reports by the Census Bureau provides crucial insights into the construction activity in the housing market. These reports are an economic indicator, shedding light on the current state of the housing market and its broader economic impact.
