Amazon Offers Prime Members a Generic Prescription Perk
CNBC reports that Amazon debuted RxPass on Jan. 24. The new perk will grant Prime members access to 50 generic medications that treat over 80 conditions.
CNBC reports that Amazon debuted RxPass on Jan. 24. The new perk will grant Prime members access to 50 generic medications that treat over 80 conditions.
Change doesn't have to be bad.
Airbus and Qatar Airways have settled a dispute over grounded A350 jets, the companies said on Wednesday, averting a potentially damaging UK court trial after a blistering 18-month feud that tore the lid off the global jet market. The "amicable and mutually agreeable settlement" ends a $2 billion row over surface damage on the long-haul jets. The spat led to the withdrawal of billions of dollars' worth of jet deals by Airbus and prompted Qatar to increase purchases from Boeing.
Donald Trump's new lawyer in the case, Joe Tacopina, has experience representing the Washington Commanders as well as rappers like Meek Mill.
Europe was entering an "inevitable" post-pandemic period of airline consolidation as legacy flag-carriers struggle to navigate through a competitive landscape, the chief executive of low-cost carrier Ryanair said on Wednesday. "We are definitely, post-COVID, entering a four or five-year period of consolidation," Ryanair's Michael O'Leary told Reuters on the sidelines of a news briefing in Portugal's capital Lisbon. Many of Europe's legacy airlines are finding it tough to effectively compete with budget carriers, hampered by weak balance sheets that could be made more robust by merging with rivals, analysts have said.
Bulgaria began construction on Wednesday of a long-delayed natural gas link with neighbouring Serbia that will allow flows of non-Russian gas to Belgrade and boost the security of supplies in southeastern Europe. After Russia cut gas supplies to Europe in the wake of the war in Ukraine, European countries have been looking for alternative suppliers and have been pursuing energy cooperation more actively. The 170-kilometre (106 mile) gas pipeline, which will run from the Bulgarian town of Novi Iskar to Nis in Serbia, is expected to be operational by the end of the year, Bulgarian Energy Minister Rossen Hristov said.
The European Union's ban on imports of Russian refined oil products, including diesel and jet fuel, will disrupt global flows once it takes effect on Sunday and could hurt Moscow more than an embargo on crude oil. Although Western sanctions could force Russia to cut crude production and refining runs, which would further tighten global supplies, some analysts said the ban on products may ultimately have little impact on overall availability. "Barrels will get out and find a market, logistical challenge but not a supply challenge," senior research associate Ian Moore at global brokerage firm Bernstein.
The European Union should extend a target to cut gas demand in response to lost supply from Russia by at least six months to October this year to ensure there is enough for next winter, think tank Bruegel said on Thursday. EU countries agreed last year to reduce natural gas demand by 15% between Aug. 1, 2022 and March 31, 2023, compared with the average of the same period in the previous five years. This demand-reduction target should be extended, Bruegel, which provides analysis to policymakers in the EU, said.
The US economy still faces more punishing rate rises even as inflation slows rapidly, the head of the Federal Reserve has warned.
Rishi Sunak ‘comfortable’ with Dominic Raab keeping job despite bullying allegations during piers morgan interview
STORY: AI chatbot ChatGPT is now the fastest growing consumer app in history. That’s according to analysis by Swiss bank UBS. It’s estimated to have hit 100 million active users in January, just two months after launch. TikTok took nine months to hit that number; Instagram, two and a half years. ChatGPT was created by OpenAI - a private company backed Microsoft. It can write articles, essays, jokes and even poetry in response to user requests. Some have expressed concern that it could aid wrongdoing, such as writing work for students. The product has been freely available to the public since late November. But on Thursday (February 2) OpenAI announced a $20-per month subscription option. It says that will offer a faster and more stable service. The previous day saw Microsoft launch a version of its Teams messaging service with ChatGPT integration. Now other firms, including China’s Baidu, are racing to develop their own chatbots. But analysts says ChatGPT has a major head start, and will benefit as the soaring users numbers help to train the AI system.
The energy giant confirmed profits worth £68.1 billion for 2022.
Job coaches are set to be stationed at GP surgeries under plans being drawn up by the Government to get unemployed over-50s back to work.
Poland's competition watchdog has accused e-commerce giant Amazon's European arm of misleading sales and delivery practices, the Office of Competition and Consumer Protection (UOKiK) said on Wednesday. The office said consumers on Amazon's Polish website were misled as to the moment a sales contract is concluded, product availability, delivery times and consumer rights, which if proven could result in a penalty for Amazon EU of up to 10% of its turnover. Amazon's head of corporate communications in Poland, Aleksandra Zarychta-Kuzalska, told Reuters that the company follows all legal requirements in Poland and other countries where it operates.
Tech giants Google, Apple and Amazon will report their latest earnings on Thursday as shares in Meta skyrocketed after the Facebook owner posted better results than expected and signaled spending cuts.Shares in Meta jumped as much as 25 percent on Thursday, setting the bar high for the earnings announcements by the other tech giants after markets closed later in the day.
The boss of British Gas's owner, Centrica, said "there is no excuse" after an investigation found the company sent debt collectors who broke into vulnerable customers' homes to install prepayment meters. A Times investigation showed a company used by British Gas to pursue debts, Arvato Financial Solutions, forcing their way into homes to fit the devices, despite signs children and disabled people were living there. Chris O'Shea also said that customers do not deserve to be treated in such a way, and that he would not "justify it" - adding that he is launching an independent investigation.
BERLIN/FRANKFURT (Reuters) -Germany's largest gas storage facility in Rehden has been taken out of operation until 1700 GMT on Friday for safety reasons after a high-pressure flaring on Tuesday, the LBEG mining authority supervising it said. LBEG added that there was no indication of an act of sabotage. Rehden's operator, storage company Astora, which is part of the Sefe Group, said security of supply is not affected and that it is working with authorities to establish what caused the incident.
Energy companies have hoarded £9 billion of customers’ money this winter - more than four times the sum previously calculated, the Telegraph can disclose.
HSBC is hiring dealmakers as "fast as it can" in Saudi Arabia to capitalise on a wave of financing activity in the country, the global head of its investment bank told Reuters. The lender aims to increase headcount in its global banking and markets business in Saudi Arabia by 10-15% this year, Greg Guyett, the division's chief executive, told Reuters. "There's a huge pipeline of transactions, we're taking on all the experienced people we can get," Guyett said, adding that other banks beefing up their presence in the region were also targeting HSBC staff who would then need replacing.
Adani's market losses swelled above $100 billion on Thursday, sparking worries about a potential systemic impact a day after the Indian group's flagship firm abandoned its $2.5 billion stock offering. The shock withdrawal of Adani Enterprises' share sale marks a dramatic setback for founder Gautam Adani, the school dropout-turned-billionaire whose fortunes rose rapidly in recent years but have plunged in just a week after a critical research report by U.S.-based short-seller Hindenburg Research. Adani stocks plunged, opposition lawmakers called for a wider probe and India's central bank sprang into action to check on the exposure of banks to the group.
The oil major has posted the biggest profits in its history, nearly $40bn for 2022, but will only pay $134m in taxes