Business

The Federal Trade Commission sued the country’s three largest pharmacy benefit managers on Friday, accusing them of steering diabetes patients towards higher priced insulin in order to reap millions of dollars in rebates from pharmaceutical companies. The case accuses UnitedHealth Group’s Optum unit, CVS Health’s CVS Caremark and Cigna’s Express Scripts of unfairly excluding lower cost insulin products … Read more

Three Mile Island — the infamous site of America’s worst nuclear disaster — is gearing up for a comeback, and Microsoft is first in line to tap into its energy. The tech giant signed a data center deal with Constellation Energy to help resurrect a unit of the nuclear plant in Pennsylvania in what would be the first-ever restart … Read more

Boar’s Head has tapped dozens of workers for a deep clean of the Virginia plant whose listeria outbreak has led to multiple customer deaths — but the company has no plans to reopen it, The Post has learned. The giant cold cuts distributor said last week it is closing the Jarratt, Va. facility “indefinitely” and … Read more

Huawei and Apple’s latest smartphones went on sale in China on Friday, with many fans of the Chinese company disappointed that its much-anticipated $2,800 model – more than twice the price of the iPhone 16 Pro Max – was not available for walk-in customers. At Huawei’s flagship shop in the southern Chinese city of Shenzhen, some who … Read more

The House on Friday voted narrowly to repeal clean vehicle rules adopted in March to cut fleetwide tailpipe emissions by 50% over 2026 levels by 2032. The House voted narrowly to repeal clean vehicle rules adopted in March to cut fleetwide tailpipe emissions by 50% over 2026 levels by 2032. REUTERS President Biden would veto … Read more

Wall Street cheered Nike’s move to oust CEO John Donahoe this week as the sneaker giant’s stock, which had been lagging over the past year amid slumping sales, saw a spike of more than 8%. The stock surge comes as Elliott Hill, a longtime Nike executive who left the popular sportswear brand in 2020 only … Read more

General Motors is recalling more than 449,000 of its SUVs and pickup trucks because the electronic brake control module software may fail to display a warning light when a loss of brake fluid takes place. The National Highway Traffic Safety Administration said Friday that the recall includes certain 2023-2024 Cadillac Escalade and Escalade ESVs, 2023 … Read more

A tech startup seated a Nancy Pelosi impersonator in the front row of a UFC match in a publicity stunt to launch a new app that allows users to “invest like a politician.” Christopher Josephs, the Los Angeles-based co-founder of Autopilot, said thousands of people downloaded his trading app over the weekend after his firm … Read more

The topic of tipping at food establishments remains a hot debate.  It can get particularly heated when it comes to when and how much customers should tip, whether it’s a full-service or quick-service restaurant.  A SpotOn survey published in May indicated the tipping expectations of restaurant industry workers varied, with more than one-third of respondents reporting 15% … Read more

Shares of Trump Media & Technology Group Corp. slumped to their lowest level ever early Friday morning, the first day that the company’s biggest shareholder, former President Donald Trump, is free to sell his shares Shares of Trump Media & Technology Group Corp. slumped to their lowest level ever at the opening bell Friday, the … Read more