INSIDER
US accuses Walgreens of filling millions of illegitimate prescriptions, including for opioids
Read full article: US accuses Walgreens of filling millions of illegitimate prescriptions, including for opioidsThe U.S. Justice Department has filed a lawsuit accusing Walgreens of filling millions of prescriptions for Americans over the last decade and more without a legitimate purpose, including for dangerous amounts of opioids.
What will happen to TikTok on Apple and Google's app store on Sunday?
Read full article: What will happen to TikTok on Apple and Google's app store on Sunday?With President-elect Trump adding uncertainty around whether a TikTok ban will go into effect, the focus is now turning to companies like Google and Apple.
Yellen says Treasury will use 'extraordinary measures' on Jan. 21 to prevent hitting debt ceiling
Read full article: Yellen says Treasury will use 'extraordinary measures' on Jan. 21 to prevent hitting debt ceilingIn one of her last acts as Treasury Secretary, Janet Yellen says her agency will start taking “extraordinary measures,” or special accounting maneuvers intended to prevent the nation from hitting the debt ceiling, on January 21, in a letter sent to congressional leaders Friday afternoon.
TikTok refugees are pouring to Xiaohongshu. Here's what you need to know about the RedNote app
Read full article: TikTok refugees are pouring to Xiaohongshu. Here's what you need to know about the RedNote appA rare wave of U.S.-China camaraderie broke out online in recent days as “refugees” from the popular short video platform TikTok poured onto a Chinese social media platform to protest a now-delayed ban on the service.
For TikTok users, mourning, frustration and clinging to hope as TikTok ban looms
Read full article: For TikTok users, mourning, frustration and clinging to hope as TikTok ban loomsThe U.S. is inching closer and closer to a potential TikTok ban — with the nation’s highest court upholding a law that’s set to officially cut the cord and halt new downloads off the app starting Sunday.
Federal Reserve says it will leave climate change organization
Read full article: Federal Reserve says it will leave climate change organizationThe Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the financial system could help combat climate change.
How TikTok grew from a fun app for teens into a potential national security threat
Read full article: How TikTok grew from a fun app for teens into a potential national security threatIf it feels like TikTok has been around forever, that’s probably because it has, at least if you’re measuring via internet time.
German Lufthansa closes deal to acquire 41% of ITA Airways, gaining full control by 2033
Read full article: German Lufthansa closes deal to acquire 41% of ITA Airways, gaining full control by 2033German Lufthansa Group has finalized its acquisition of Italian airline ITA Airways, closing a long period of uncertainty for Italy’s former flagship carrier.
IRS Commissioner Daniel Werfel says he'll step down on Trump's Inauguration Day
Read full article: IRS Commissioner Daniel Werfel says he'll step down on Trump's Inauguration DayIRS Commissioner Daniel Werfel says he intends to step down from his position on President-elect Donald Trump’s Inauguration Day.
US lawsuit accuses Pepsi company of price discrimination that favored Walmart over smaller stores
Read full article: US lawsuit accuses Pepsi company of price discrimination that favored Walmart over smaller storesA lawsuit filed by the Federal Trade Commission alleges that food and beverage maker PepsiCo engaged in illegal price discrimination by giving unfair price advantages to one big-box retailer.
Florida jury says CNN defamed Navy veteran in story about endangered Afghans
Read full article: Florida jury says CNN defamed Navy veteran in story about endangered AfghansA jury in Panama City, Florida, on Friday found that CNN defamed a U.S. Navy veteran in a 2021 story about people paid to rescue endangered Afghans following the Taliban takeover of the country.
Apple pulls error-prone AI-generated news summaries in its beta iPhone software
Read full article: Apple pulls error-prone AI-generated news summaries in its beta iPhone softwareApple is suspending an error-prone feature that used artificial intelligence to deliver bogus news alerts to some iPhone owners.
Bitcoin soars past $100,000 ahead of possible early action on crypto by Trump
Read full article: Bitcoin soars past $100,000 ahead of possible early action on crypto by TrumpThe price of bitcoin topped $100,000 again early Friday as a pumped up cryptocurrency industry expects early action by Donald Trump when he’s sworn in as president next week.
SpaceX launch accident likely caused by fire that sent trails of flaming debris near the Caribbean
Read full article: SpaceX launch accident likely caused by fire that sent trails of flaming debris near the CaribbeanSpaceX suspects a fire may have caused its Starship to break apart during liftoff and send trails of flaming debris near the Caribbean.
Supreme Court backs law banning TikTok if it's not sold by its Chinese parent company
Read full article: Supreme Court backs law banning TikTok if it's not sold by its Chinese parent companyTikTok's CEO is thanking President-elect Donald Trump for "his commitment" to keeping the app available after the Supreme Court upheld the federal law banning it beginning Sunday unless it’s sold by its China-based parent company.
IMF sees steady global growth, but warns that Trump tariff, tax and deportation plans cloud outlook
Read full article: IMF sees steady global growth, but warns that Trump tariff, tax and deportation plans cloud outlookThe International Monetary Fund expects the world economy to grow a little faster and inflation to keep falling this year.
Sealy Mattress company is sued after Georgia man was found dead inside a locked trailer
Read full article: Sealy Mattress company is sued after Georgia man was found dead inside a locked trailerThe Sealy Mattress company is being sued for wrongful death after a man was found dead inside a locked trailer at a company facility in Georgia.
Mozambique’s ex-finance minister gets another 2.5 years behind bars in ‘tuna bonds’ corruption case
Read full article: Mozambique’s ex-finance minister gets another 2.5 years behind bars in ‘tuna bonds’ corruption caseA federal court in New York has sentenced Mozambique’s former finance minister to another two-and-a-half years behind bars for his role in the “tuna bond” corruption scandal that triggered a financial crisis in the African nation.
Ozempic, Wegovy and other drugs are among 15 selected for Medicare's price negotiations
Read full article: Ozempic, Wegovy and other drugs are among 15 selected for Medicare's price negotiationsThe Biden administration says popular weight loss drugs like Ozempic and Wegovy have been added to Medicare’s list of medications that will be negotiated directly between the government and drug manufacturers.
Tech founder pledges to give away half his wealth to make the American dream more possible
Read full article: Tech founder pledges to give away half his wealth to make the American dream more possibleThe tech entrepreneur Jeff Atwood and his family are pledging to give away half of their wealth within five years, starting with $1 million gifts to eight nonprofits this month.
Progressives are frustrated by Biden's final-days warning of billionaire influence
Read full article: Progressives are frustrated by Biden's final-days warning of billionaire influenceThe Democratic Party's left wing is responding to President Joe Biden's strong words about the possibility of an American oligarchy with a combination of appreciation, bemusement and frustration.
Lithuania vows to boost defense spending to 5-6% of GDP, citing the threat of Russian aggression
Read full article: Lithuania vows to boost defense spending to 5-6% of GDP, citing the threat of Russian aggressionLithuania's president says his country has made the decision to raise its spending on defense to between 5% and 6% of overall national economic output starting in 2026.
Few know Shalanda Young. But she saved the US from the kinds of economic crises Trump now faces
Read full article: Few know Shalanda Young. But she saved the US from the kinds of economic crises Trump now facesFew Democrats found ways to negotiate with Republicans quite like Shalanda Young — whose work as White House budget director stopped several potential economic crises from erupting.
China's population falls for a third straight year, posing challenges for its government and economy
Read full article: China's population falls for a third straight year, posing challenges for its government and economyChina’s population has fallen for the third straight year, pointing to further demographic challenges for the world’s second most populous nation that is now facing both an aging population and an emerging shortage of working age people able to support their elders.
Why did 87 miners die trapped underground in South Africa as police tried to force their surrender?
Read full article: Why did 87 miners die trapped underground in South Africa as police tried to force their surrender?South African President Cyril Ramaphosa is facing calls to order a national inquiry into a police operation that was meant to combat illegal mining but ended up leaving 87 miners to die underground as authorities attempted to force them to surrender during a monthslong standoff.
Proposed rules would require nutrition info, allergen warnings on alcohol labels
Read full article: Proposed rules would require nutrition info, allergen warnings on alcohol labelsLabels on wine, distilled spirits and malt beverages in the U.S. would be required to list alcohol content and nutritional information per serving, plus notification of potential allergens, under two new rules proposed Thursday by the Treasury Department.
Supreme Court's decision on a looming TikTok ban could come Friday
Read full article: Supreme Court's decision on a looming TikTok ban could come FridayThe U.S. Supreme Court’s decision could come Friday in the case about whether TikTok must shut down in a few days under a federal law that seeks to force its sale by the Chinese company that owns the social media platform.
He is credited with one of history's most indelible photos. A new documentary questions who took it
Read full article: He is credited with one of history's most indelible photos. A new documentary questions who took itIt's one of the most enduring images of the Vietnam War — an Associated Press photograph of a young girl running naked down a street after being caught in a napalm attack.
American Express agrees to pay more than $138M to resolve investigation into sales and marketing
Read full article: American Express agrees to pay more than $138M to resolve investigation into sales and marketingAmerican Express has agreed to pay more than $138 million to resolve a wire fraud investigation related to its sales and marketing practices.
Pakistani airline says ad showing plane flying toward Eiffel Tower never meant to hurt 9/11 victims
Read full article: Pakistani airline says ad showing plane flying toward Eiffel Tower never meant to hurt 9/11 victimsPakistan’s national airline says that an advertisement showing a plane heading toward the Eiffel Tower was never intended to evoke the memories of the Sept. 11 attacks.
World Bank says the global is economy is growing steadily, but not fast enough to help ease poverty
Read full article: World Bank says the global is economy is growing steadily, but not fast enough to help ease povertyThe world economy is growing steadily in the face of global conflict, protectionist trade policies and high interest rates.
UK backs local inquiries into child sexual abuse gangs after Musk stoked controversy
Read full article: UK backs local inquiries into child sexual abuse gangs after Musk stoked controversyThe British government says it will support a series of local inquiries into organized child sexual abuse in the wake of a furor largely stoked by the world’s richest man Elon Musk.
FDA OKs sales of Zyn nicotine pouches, citing health benefits for adult smokers
Read full article: FDA OKs sales of Zyn nicotine pouches, citing health benefits for adult smokersFederal health officials are backing the health benefits of nicotine pouches, ruling that Philip Morris International’s Zyn can help adult smokers cut back or quit cigarettes.
Toyota's truck division Hino to pay $1.6 billion as part of emissions scandal
Read full article: Toyota's truck division Hino to pay $1.6 billion as part of emissions scandalA Toyota subsidiary has agreed to pay more than $1.6 billion and plead guilty for violations related to the submission of false and fraudulent engine emission testing and fuel consumption data to regulators and the illicit smuggling of engines into the United States.
US defense contractor to build 4,000-worker advanced manufacturing facility in central Ohio
Read full article: US defense contractor to build 4,000-worker advanced manufacturing facility in central OhioU.S. defense contractor Anduril Industries is preparing to build a massive advanced manufacturing facility in central Ohio.
US retail sales rose modestly last month amid solid holiday shopping, boosting economy
Read full article: US retail sales rose modestly last month amid solid holiday shopping, boosting economyAmericans stepped up their spending at retail stores and restaurants last month in a clear sign that consumers are still able and willing to shop.
More Americans file for unemployment benefits last week, but layoffs remain historically low
Read full article: More Americans file for unemployment benefits last week, but layoffs remain historically lowThe number of Americans applying for unemployment benefits rose last week, but layoffs remain historically low and the job market broadly healthy.
Many Americans doubt Trump will be able to lower prices in his first year, an AP-NORC poll shows
Read full article: Many Americans doubt Trump will be able to lower prices in his first year, an AP-NORC poll showsMany U.S. adults are skeptical about President-elect Donald Trump's ability to bring down costs.
UnitedHealth tops profit forecasts but medical costs linger for health care giant
Read full article: UnitedHealth tops profit forecasts but medical costs linger for health care giantUnitedHealth posted a better-than-expected fourth-quarter profit, but a nagging rise in medical costs and care utilization surprised Wall Street.
Taiwanese chipmaker TSMC posts 57% surge in profit thanks to the AI boom
Read full article: Taiwanese chipmaker TSMC posts 57% surge in profit thanks to the AI boomTaiwan computer chip maker TSMC has reported its profit in the last quarter rose 57%, buoyed by the artificial intelligence boom.
Japan bank executives take pay cuts after employee is accused of stealing from safe deposit boxes
Read full article: Japan bank executives take pay cuts after employee is accused of stealing from safe deposit boxesExecutives at a leading Japanese bank have apologized and taken pay cuts after police arrested an employee who allegedly stole about $9 million worth of valuables from customers’ safe deposit boxes.
Stock market today: Wall Street drifts lower as momentum slows for US stocks
Read full article: Stock market today: Wall Street drifts lower as momentum slows for US stocksU.S. stock indexes drifted lower following a mixed set of earnings reports from Morgan Stanley, UnitedHealth Group and other big companies.
Founder of muckraking financial information firm Hindenburg Research calls it quits
Read full article: Founder of muckraking financial information firm Hindenburg Research calls it quitsThe founder of the muckraking financial research firm Hindenburg Research says he is disbanding the organization after finishing the work it set out to do.
Treasury nominee calls for stronger Russia sanctions and Fed independence at confirmation panel
Read full article: Treasury nominee calls for stronger Russia sanctions and Fed independence at confirmation panelU.S. Treasury nominee Scott Bessent is facing sharp questions from both Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the future of an IRS tax filing system that Republicans have called to be cut.
Biden won't enforce TikTok ban, official says, leaving fate of app to Trump
Read full article: Biden won't enforce TikTok ban, official says, leaving fate of app to TrumpPresident Joe Biden won’t enforce a ban on the social media app TikTok that is set to take effect a day before he leaves office, a U.S. official says.
Who could buy TikTok? Only a few parties are serious about offering
Read full article: Who could buy TikTok? Only a few parties are serious about offeringThe supremely popular TikTok could be banned on Jan. 19 under a federal law that forces the video sharing platform to divest itself from its China-based parent company, ByteDance, or shut down its U.S. operations.
What products contain Red 3 dye? Checking ingredient labels is the best way to find out
Read full article: What products contain Red 3 dye? Checking ingredient labels is the best way to find outThe Food and Drug Administration is ordering food and drug makers to remove a dye called Red 3 from the products U.S. consumers eat and drink.
Trump's pick for budget director won't say whether he would release Ukraine aid
Read full article: Trump's pick for budget director won't say whether he would release Ukraine aidPresident-elect Donald Trump’s nominee for White House budget director is declining to commit to doling out congressionally approved funds, specifically U.S. military aid to Ukraine.
Why are interest rates rising when the Fed has been cutting them?
Read full article: Why are interest rates rising when the Fed has been cutting them?The yield on the 10-year Treasury has recently soared toward its highest level since 2023, injecting nervousness into the U.S. stock market that's knocked indexes from their records.
US government sues Southwest Airlines and fines Frontier for chronically delayed flights
Read full article: US government sues Southwest Airlines and fines Frontier for chronically delayed flightsThe Transportation Department is stepping up enforcement of persistent flight delays with a civil lawsuit against Southwest Airlines and a fine against Frontier Airlines.
Transportation secretary pick vows to buck any pressure to help Elon Musk in agency probes of Tesla
Read full article: Transportation secretary pick vows to buck any pressure to help Elon Musk in agency probes of TeslaTransportation secretary nominee Sean Duffy promised to not interfere in ongoing agency investigations into Elon Musk’s electric car company if confirmed to head the department.
Google signs deal with AP to deliver up-to-date news through its Gemini AI chatbot
Read full article: Google signs deal with AP to deliver up-to-date news through its Gemini AI chatbotGoogle says its artificial intelligence chatbot Gemini will now deliver up-to-date news from The Associated Press in the tech giant’s first such deal with a news publisher.
Biden administration cancels loans for 260,000 former Ashford University students
Read full article: Biden administration cancels loans for 260,000 former Ashford University studentsMore than 260,000 former students of the now-defunct for-profit Ashford University are getting their student loans erased as the Biden administration presses ahead with debt forgiveness in its final days.
Drake sues Universal Music for defamation related to Kendrick Lamar diss track 'Not Like Us'
Read full article: Drake sues Universal Music for defamation related to Kendrick Lamar diss track 'Not Like Us'The leading hip-hop superstar beef has been cranked up another notch, with Drake suing Universal Music Group for defamation over rival Kendrick Lamar’s diss track “Not Like Us.”.
US steps up Russia sanctions, placing threat of more sanctions on businesses partnering with Russia
Read full article: US steps up Russia sanctions, placing threat of more sanctions on businesses partnering with RussiaThe U.S. Treasury Department says it’s expanding the web of sanctions on companies and institutions supporting Russia’s war efforts in Ukraine.
FDA floats plan to make cigarettes nonaddictive, but its fate rests with Trump
Read full article: FDA floats plan to make cigarettes nonaddictive, but its fate rests with TrumpThe Biden administration is floating a long-awaited proposal to make cigarettes less addictive by capping their nicotine levels.
Poland's leader accuses Russia of planning acts of terror against 'airlines over the world'
Read full article: Poland's leader accuses Russia of planning acts of terror against 'airlines over the world'Polish Prime Minister Donald Tusk has accused Russia of planning acts of sabotage worldwide that included “acts of air terror” against airlines.
Can AI help humans understand animals and reconnect with nature? A nonprofit research lab thinks so
Read full article: Can AI help humans understand animals and reconnect with nature? A nonprofit research lab thinks soA nonprofit research lab is getting attention from some wealthy tech philanthropists.
Rising borrowing costs batter UK government and threaten to derail its left-leaning program
Read full article: Rising borrowing costs batter UK government and threaten to derail its left-leaning programBritain’s new government, which is already facing anger over higher taxes, unpopular spending decisions and political scandals just six months after taking office, is now being battered by rising borrowing costs that threaten to derail its left-leaning program.
JPMorgan posts record annual profits as major US banks thrive in the final quarter of 2024
Read full article: JPMorgan posts record annual profits as major US banks thrive in the final quarter of 2024JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat Wall Street forecasts, and other major banks reported banner earnings for the year.
Supreme Court seems open to age checks for online porn, though some free-speech questions remain
Read full article: Supreme Court seems open to age checks for online porn, though some free-speech questions remainThe Supreme Court seems open to a Texas law aimed at blocking kids from seeing online pornography.
Germany's economy shrank for the second consecutive year in 2024
Read full article: Germany's economy shrank for the second consecutive year in 2024The German economy shrank for the second straight year in 2024 as worried consumers held back on spending and Chinese competition ate into the country’s traditional exports of cars and industrial machinery.
Question on ASEAN stumped Hegseth at Senate hearing. What is it and why is it important?
Read full article: Question on ASEAN stumped Hegseth at Senate hearing. What is it and why is it important?In a heated Senate confirmation hearing for Pete Hegseth, Sen. Tammy Duckworth grilled the proposed defense secretary over the Association of Southeast Asian Nations, asking him if he could name one member and how many countries were in the bloc.
India's navy launches submarine, warships to guard against China's presence in Indian Ocean
Read full article: India's navy launches submarine, warships to guard against China's presence in Indian OceanIndia's navy has launched a submarine, a destroyer and a frigate built at a state-run shipyard.
UK inflation unexpectedly drops in December, easing pressure in bond markets
Read full article: UK inflation unexpectedly drops in December, easing pressure in bond marketsInflation in the U.K. unexpectedly fell in December, a move that will likely fuel pressure on the Bank of England to cut interest rates again next month.
SEC sues Elon Musk, saying he didn't disclose Twitter ownership on time before buying it
Read full article: SEC sues Elon Musk, saying he didn't disclose Twitter ownership on time before buying itThe U.S. Securities and Exchange Commission has sued billionaire Elon Musk, saying he failed to disclose his ownership of Twitter stock in a timely manner in early 2022, before buying the social media site.
US inflation picked up in December but underlying price pressures eased
Read full article: US inflation picked up in December but underlying price pressures easedU.S. inflation picked up last month as prices rose for gas, eggs, and used cars, yet underlying price pressures also showed signs of easing a bit.
Biden's big semiconductor law will ramp up US chip production -- but at a high cost, report finds
Read full article: Biden's big semiconductor law will ramp up US chip production -- but at a high cost, report findsA sweeping 2022 law, touted by President Joe Biden as a way to revive U.S. semiconductor manufacturing and reduce reliance on foreign-made computer chips, will “sharply increase production’’ of semiconductors in the United States.
Capital One sued by US watchdog alleging bank cheated customers out of $2 billion
Read full article: Capital One sued by US watchdog alleging bank cheated customers out of $2 billionA U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts — and “cheating” customers out of more than $2 billion in lost interest payments as a result.
A TikTok ban is just days away. A list of other apps available
Read full article: A TikTok ban is just days away. A list of other apps availableWith a possible TikTok ban just days away, many U.S. users are looking for alternative social media platforms to help them keep up with pop culture or provide the type of entertaining videos that popularized the short-form video app.
Boeing's aircraft deliveries and orders in 2024 reflect the company's rough year
Read full article: Boeing's aircraft deliveries and orders in 2024 reflect the company's rough yearBoeing delivered less than half the number of commercial aircraft to customers than its European rival in 2024, The American aerospace giant reported on Tuesday that it supplied 348 jetliners during the year.
USDA documented insects and slime at Boar's Head plants, records show
Read full article: USDA documented insects and slime at Boar's Head plants, records showU.S. food inspectors documented unsanitary conditions at several Boar's Head deli meat plants, not just the Jarratt, Virginia, factory that was shut down last year.
Court tells SEC to lay out why it has declined Coinbase's request for crypto regulations
Read full article: Court tells SEC to lay out why it has declined Coinbase's request for crypto regulationsA federal appeals court says the U.S. Securities and Exchange Commission needs to better explain why it turned down a request from Coinbase to develop regulations to cover the booming crypto asset sector.
Jack Daniels' parent Brown-Forman is cutting its workforce and closing its barrel-making plant
Read full article: Jack Daniels' parent Brown-Forman is cutting its workforce and closing its barrel-making plantSpirits giant Brown-Forman Corp. says it’s reducing its global workforce by about 12% and closing its barrel-making plant in Louisville.
UK minister quits while facing questions over links to ousted Bangladeshi leader Sheikh Hasina
Read full article: UK minister quits while facing questions over links to ousted Bangladeshi leader Sheikh HasinaBritain’s anti-corruption minister has resigned amid a controversy over links to her aunt Sheikh Hasina who is the ousted Bangladeshi prime minister.
US TikTok users flock to Chinese app Xiaohongshu in protest with TikTok ban looming
Read full article: US TikTok users flock to Chinese app Xiaohongshu in protest with TikTok ban loomingAs the threat of a TikTok ban looms, some U.S. TikTok users are flocking to Chinese social media app Xiaohongshu – making it the top downloaded app in the U.S. The self-described “TikTok refugees” landed on Xiaohongshu as an alternative to TikTok.
Southwest pauses some hiring and summer internships as the airline looks to reduce costs
Read full article: Southwest pauses some hiring and summer internships as the airline looks to reduce costsSouthwest Airlines says it's not filling some jobs and summer internships this year as the company looks to lower costs.
The Czech Republic ends its energy dependence on Russian oil imports
Read full article: The Czech Republic ends its energy dependence on Russian oil importsThe Czech government says the country has boosted its energy security by completing a project to finish its dependence on oil delivery from Russia.
The tax deadline for some small businesses affected by disasters in 2024 is drawing near
Read full article: The tax deadline for some small businesses affected by disasters in 2024 is drawing nearThe tax deadline for some small businesses affected by severe weather in 2024 is drawing near, the IRS is reminding owners.
Polish town invites Elon Musk to buy its castle for his European headquarters
Read full article: Polish town invites Elon Musk to buy its castle for his European headquartersA town in Poland is encouraging Elon Musk to buy its vast 13th-century castle and turn it into his European headquarters.
Why hundreds of miners are still trapped and feared starving in an abandoned South Africa mine
Read full article: Why hundreds of miners are still trapped and feared starving in an abandoned South Africa mineSouth African authorities have come under intense scrutiny for their response after civic groups said hundreds of miners have been trapped deep in an abandoned gold mine for months.