by Common Dreams | Mar 18, 2023 | Money Over People
The failure of the Silicon Valley Bank (SVB) shows us, once again, that unrestrained greed isn’t good. For even modest greed to have a positive effect in society, it must be regulated. The CEO of SVB didn’t like the regulations imposed after the 2008 financial...
by ProPublica | Mar 17, 2023 | Money Over People
On Feb. 21, 2018, August Troendle, an Ohio billionaire, made a remarkably well-timed stock trade. He sold $1.1 million worth of shares of Syneos Health the day before a management shake-up caused the company’s stock to plunge 16%. It was the largest one-day drop that...
by KFF Health News | Mar 9, 2023 | Money Over People
When drugmaker Eli Lilly announced Wednesday it will slash the list price for some of its insulin products following years of criticism from lawmakers and activists that the price of the lifesaving hormone had become unaffordable, the news raised questions about what...
by Common Dreams | Mar 8, 2023 | Money Over People
Newly uncovered documents published last week by DeSmog reveal that the leading gas industry trade group knew over 50 years ago that cooking with gas stoves could harm human health and tried to cover up the evidence. The DeSmog revelations regarding the American Gas...
by Common Dreams | Mar 5, 2023 | Money Over People
Democratic Sen. Elizabeth Warren released a report Wednesday highlighting the splashy incentives—from luxury vacations to cash bonuses—that private insurance companies offer agents and brokers for enrolling seniors in potentially higher-cost Medigap plans. Medigap is...
by KFF Health News | Feb 24, 2023 | Money Over People
After several rounds of treatment for a rare eye cancer—weekly drug infusions that could cost nearly $50,000 each—Paul Davis learned Medicare had abruptly stopped paying the bills. That left Davis, a retired physician in Findlay, Ohio, contemplating a horrific choice:...