The S&P 500 climbed to a record high on Wednesday, fueled by enthusiasm over Netflix's quarterly results and the technology sector's strong performance.
MSNBC host Rachel Maddow shared her reaction to President Joe Biden’s farewell address on Wednesday, describing the president’s stark warning about the state of American democracy as chilling. Maddow highlighted Biden’s focus on the dangers of concentrated power, misinformation, and attacks on the press, noting the gravity of his message as a significant departure from traditional farewell speeches.
A statewide grand jury that convened in 2022 upon the request of Florida Governor Ron DeSantis (R) concluded that there is no evidence of criminal activity linked to the COVID-19 vaccines.
Geoffrey Hinton, often referred to as the “Godfather of AI,” has expressed his backing for Elon Musk's ongoing lawsuit against OpenAI over the company's controversial transition from a non-profit research organization to a for-profit entity. Hinton, a Nobel laureate and AI pioneer, criticized OpenAI's move to abandon its non-profit status, a decision that has sparked significant concern within the AI community, including among OpenAI's co-founders, such as Musk.
Apple has requested to participate in the next phase of the ongoing antitrust trial against Google, emphasizing that it cannot rely on Google to defend the revenue-sharing agreements that benefit both companies. The iPhone maker argues that these agreements, which make Google the default search engine on Apple's Safari browser, are central to its financial success, contributing up to $20 billion annually. In court documents, Apple stated that it received an estimated $20 billion from this arrangement in 2022 alone.
At a recent press conference at Mar-a-Lago, President-elect Donald Trump made a bold promise to take on the powerful Pharmacy Benefit Managers (PBMs) responsible for inflating prescription drug prices in the U.S. Trump criticized PBMs, calling them a “horrible middleman” that profits by driving up drug costs without adding value. He vowed to eliminate the middleman and reduce drug prices to levels “that nobody has ever seen before.”
The U.S. Supreme Court agreed on Wednesday to hear a case regarding whether South Carolina can eliminate Medicaid funding for Planned Parenthood clinics due to their provision of abortion services.
