This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, June 23, 2021 GameStop saves money by raising money The “meme trade” has been one of the market’s defining trades this year. And while some investors have chosen to ignore the action we’ve seen in shares of GameStop (GME) or AMC (AMC) amid a value rotation, rising bond yields, and a booming economy, these retail-driven trading frenzies… Source link
Read More »Government health care is overtaking private coverage
US President Joe Biden delivers remarks on the American Rescue Plan in the State Dining Room of the White House on May 5, 2021. (Photo by Nicholas Kamm / AFP) (Photo by NICHOLAS KAMM/AFP via Getty Images) A surge in Medicaid enrollment during the coronavirus pandemic is pushing the United States near a momentous tipping point: More people getting health care coverage through a government plan than through the private sector. Here’s the math. A record 80.5 million Americans now get health… Source link
Read More »Google’s health care data-sharing partnership is a problem
Elevate your enterprise data technology and strategy at Transform 2021. On May 26, Google and HCA Healthcare, a national hospital chain, announced a data sharing partnership that will provide the internet giant with access to a host of patient records and real-time medical information. But what is being cast by both companies as a win for improved patient treatments and outcomes is hardly a victory for consumers. Google has a dark history of exploiting personal data for profit…. Source link
Read More »Google’s AI approach to microchips is welcome — but needs care
A clean room in a microchip fabrication plant in Singapore.Credit: Lauryn Ishak/Bloomberg/Getty One of the many consequences of the COVID-19 pandemic is a global shortage of the microchips that are essential to electronic devices. The factories that make these chips had to shut down for some of the pandemic, and are struggling to cope with an increase in demand. Some products could be delayed by months. It’s too early to know how the shortage will affect… Source link
Read More »Health care in America ‘is completely out of whack’ as millions face medical debt collections
Health care costs in the U.S. continue to grow year after year, leaving Americans with more and more debt. According to Credit Karma data provided to Yahoo Finance, roughly 21 million Americans holding $46 billion of medical debt as of April 2021 face collections — meaning that a third-party debt collector is trying to obtain the money owed. “Our system is completely out of whack,” Frederick Isasi, executive director at Families USA, a nonprofit and nonpartisan consumer health advocacy… Source link
Read More »The health care industry needs a civil rights movement to address inequities: Dr. Sachin Jain
Prior to the coronavirus pandemic, the health care industry was so slow to change. But the global crisis forced the industry and companies to act swiftly. But can an industry that still relies on fax machines while simultaneously pursuing integration of artificial intelligence maintain such a pace post pandemic? Dr. Sachin Jain, CEO of SCAN Group and Health Plan, says it must in order to address health inequities. “I think health care is ultimately a fundamental foundation of our… Source link
Read More »$69 million reasons why you should care about NFTs
A man looks at digital paintings by US artist Beeple at a crypto art exhibition entitled Virtual Niche: Have You Ever Seen Memes in the Mirror?, one of the world’s first physical museum shows of blockchain art, ahead of its opening in Beijing on March 26, 2021. (Photo by NICOLAS ASFOURI/AFP via Getty Images) Turns out Warren Buffett is just a few degrees of separation away from that crazy $69.3 million Christie’s auction of the artist Beeple’s NFT work “Everydays: The First 5000… Source link
Read More »Sterling ‘wouldn’t care’ if UFC didn’t book rematch vs. Yan
Aljamain Sterling has no reason to hang his head. He has no reason to be embarrassed by the way he won the UFC bantamweight championship on Saturday at Apex. He has nothing to apologize for and he owes nobody, particularly not Petr Yan, a thing. Yan committed one of the most egregious fouls in UFC history on Saturday when he kneed Sterling in the head late in the fourth round of their title fight while Sterling’s knee was on the canvas. Under the Unified Rules of Mixed Martial Arts, which… Source link
Read More »When Workers Complained About Racism and Sexism, Google Advised Mental Health Care – NBC 5 Dallas-Fort Worth
Benjamin Cruz, a former instructional designer in Google’s Cloud division, was caught off guard when a colleague told them that their skin was much darker than she expected. Cruz, who is Mexican American and prefers to be identified by the pronouns they/them, reported the incident to human resources in 2019 where personnel told them they should “assume good intent,” Cruz recalled in an interview. Unsatisfied, Cruz asked human resources to look deeper into the incident,… Source link
Read More »Google advised mental health care when workers complained about racism and sexism
Google would not comment on Gebru’s ousting. But the company’s head of research said Gebru resigned. The company declined to comment on Curley’s termination, but said in a statement it disagrees with Curley’s characterization of her departure. In her six years at Google, Curley said she never received a raise or promotion, which depends on managers’ input. She was assigned nine different managers during her tenure, two of whom she reported to human resources for allegedly… Source link
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