Category: United States

Medicare Begins to Rein In Drug Costs for Older Americans

The New York Times – Business:
Reforms embedded in the Inflation Reduction Act will bring savings to seniors this year. Already some lawmakers are aiming to repeal the changes.
Cooperation on Climate Is Emerging in the Middle East

The New York Times – Business:
After the Abraham Accords, partnerships between companies in Israel and Arab countries have led to the kinds of initiatives that will be on the Davos agenda.
Bob Jordan, Southwest Airlines’ CEO, on What Went Wrong

The New York Times – Travel:
Southwest Airlines’ chief executive, Bob Jordan, said frigid temperatures and mistakes by the company caused its meltdown around Christmas.
Bob Jordan, Southwest Airlines’ CEO, on What Went Wrong

The New York Times – Travel:
Southwest Airlines’ chief executive, Bob Jordan, said frigid temperatures and mistakes by the company caused its meltdown around Christmas.
F.A.A. Outage Highlights Fragility of the Aviation System

The New York Times – Travel:
The Federal Aviation Administration halted flights Wednesday morning after a system to alert pilots to safety issues went down, just two weeks after a major Southwest Airlines meltdown.
100 Infants Have Died in a Fisher-Price Sleeper, the Safety Commission Says

The New York Times – Business:
The fatalities occurred over 13 years, including eight since the Rock ’n Play Sleeper was recalled in 2019, the Consumer Product Safety Commission said.
F.D.A. Approves New Treatment for Early Alzheimer’s

The New York Times – Business:
The drug, Leqembi, may modestly slow cognitive decline in early stages of the disease but carries some safety risks. Still, data suggests it is more promising than the small number of other available treatments.
Mercedes-Benz Plans to Build U.S. Electric Car Charging Network

The New York Times – Business:
The network could help increase the low number of charging stations, encouraging more people to buy electric vehicles.
Ford Sales Dipped in 2022, but Electric Vehicle Deliveries Surged

The New York Times – Business:
The company’s production was limited by a global chip shortage but it made big gains in the fastest-growing segment of the auto market.
Auto Sales Likely Fell in 2022 Because of Supply Chain Chaos

The New York Times – Business:
Automakers have been hampered by the supply of semiconductors and higher interest rates.
Coinbase Reaches $100 Million Settlement With New York Regulators

The New York Times – Business:
The U.S. crypto exchange will pay a $50 million fine for letting customers open accounts with few background checks and spend $50 million to improve compliance.
Why Are Energy Prices So High? Some Experts Blame Deregulation.

The New York Times – Business:
California and the 34 other states that have deregulated all or parts of their electricity system tend to have higher rates than the rest of the country.