MoneyWatch

Sick profit: Investigating private equity’s stealthy takeover of health care

Two-year-old Zion Gastelum died just days after dentists performed root canals and put crowns on six baby teeth at a clinic affiliated with a private equity firm. His parents sued the Kool Smiles dental clinic in Yuma, Arizona, and its private equity investor, FFL Partners. They argued the procedures were …

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Adidas faces key question: What is Yeezy without Ye?

Adidas’ move to part ways with Ye over his antisemitic comments raises questions about the future of one of the world’s most coveted, and commercially valuable, sneaker brands. In the short term, the sudden split effectively ends production of all Yeezy products by the German sportswear giant, dealing a significant financial …

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More than 1 million Americans ration their insulin as the drug’s cost skyrockets

About 1.3 million Americans rationed their prescribed doses of insulin last year to save money, a pattern one doctor said threatens the health — and even the lives — of people with diabetes.  Many people are taking less than the recommended amount of insulin as the cost of the life-saving …

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Home prices are falling fastest in these 10 U.S. cities

Home prices in various parts of the U.S. are tumbling as mortgage rates shoot up to their highest level in years. The drop has been especially steep in once red-hot markets like Austin, Texas. Residential real estate prices in the city, long known for its swinging music scene, progressive politics …

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FAA to give flight attendants more rest between shifts

Federal aviation officials on Tuesday mandated more time off between flights for flight attendants. The new rule takes effect in about 30 days and increases to 10 consecutive hours, from nine hours under previous rules, the required rest period between trips for flight attendants, the U.S. Department of Transportation’s Federal …

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Trump

Counties around the U.S. where a majority of voters supported former President Donald Trump in the 2020 election are regaining their lost jobs under President Joe Biden more quickly than counties that voted in favor of the current president, according to a new analysis of labor data. Through the end …

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FedEx will raise its shipping rates starting in January

FedEx plans to increase shipping rates by an average of 6.9% starting in January as it copes with weaker business demand.  “Effective January 2, 2023, FedEx Express, FedEx Ground and FedEx Home Delivery rates will increase by an average of 6.9%,” the company said in a statement on Thursday. “FedEx Freight rates …

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Starbucks union organizer Jaz Brisack resigns, saying she was forced her out

A high-profile labor organizer has resigned from Starbucks, saying the company forced her out because of her union leadership. Jaz Brisack, a barista who helped lead the unionization of a store in downtown Buffalo, New York — the first Starbucks to form a union — said Wednesday that her last …

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FTC accuses data broker of selling sensitive geolocation data

Federal regulators have sued a data broker they accuse of selling sensitive geolocation data from millions of mobile devices, information that can be used to identify people and track their movements to and from sensitive locations, including reproductive health clinics, homeless shelters and places of worship. The Federal Trade Commission …

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Federal regulators warn nicotine gummies could kill little kids

Nicotine gummies could be toxic and even deadly if consumed by kids under 6, warn federal regulators, who call the fruit-flavored candies a “public health crisis just waiting to happen” among American youth as a new school year begins. The Food and Drug Administration on Thursday issued a first-of-a-kind warning …

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